Civic Intelligence

Delaware Bioscience Association Inc

990 • Fiscal year 2012 • EIN 20-4147195

Jan 01, 2012 to Dec 31, 2012 • Filed on May 15, 2013

1 Innovation WaySuite19711
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

89th percentile

0.45x

Higher debt load relative to assets than 89% of similar nonprofits.

2012 filings • 501(c)6 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

70th percentile

14%

Faster asset growth than 70% of similar nonprofits.

2012 filings • 501(c)6 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$200,140

Up $24,894 (+14%) from 2011

Net Assets

Down

$109,181

Down $37,659 (-26%) from 2011

Liabilities

Up

$90,959

Up $62,553 (+220%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$290,663

Up $16,760 (+6.1%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $179,982Liabilities 2010: $31,124Net Assets 2010: $148,8582010Assets 2011: $175,246Liabilities 2011: $28,406Net Assets 2011: $146,8402011Assets 2012: $200,140Liabilities 2012: $90,959Net Assets 2012: $109,1812012Assets 2013: $285,420Liabilities 2013: $111,242Net Assets 2013: $174,1782013Assets 2014: $412,791Liabilities 2014: $143,205Net Assets 2014: $269,5862014Assets 2015: $506,240Liabilities 2015: $127,059Net Assets 2015: $379,1812015Assets 2016: $568,627Liabilities 2016: $141,390Net Assets 2016: $427,2372016Assets 2017: $598,996Liabilities 2017: $85,217Net Assets 2017: $513,7792017Assets 2018: $629,977Liabilities 2018: $91,047Net Assets 2018: $538,9302018Assets 2019: $756,055Liabilities 2019: $84,343Net Assets 2019: $671,7122019Assets 2020: $950,333Liabilities 2020: $120,253Net Assets 2020: $830,0802020Assets 2021: $1,110,626Liabilities 2021: $131,651Net Assets 2021: $978,9752021Assets 2022: $1,511,204Liabilities 2022: $167,273Net Assets 2022: $1,343,9312022Assets 2023: $1,981,238Liabilities 2023: $270,412Net Assets 2023: $1,710,8262023Assets 2024: $2,113,523Liabilities 2024: $234,350Net Assets 2024: $1,879,1732024

Highlighted filing

2012

Assets$200,140
Liabilities$90,959
Net Assets$109,181

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $281,2252010Revenue 2011: $271,885Expenses 2011: $273,903Net Income 2011: -$2,0182011Expenses 2012: $290,6632012Revenue 2013: $395,492Expenses 2013: $330,495Net Income 2013: $64,9972013Revenue 2014: $483,663Expenses 2014: $388,255Net Income 2014: $95,4082014Revenue 2015: $487,686Expenses 2015: $378,091Net Income 2015: $109,5952015Revenue 2016: $444,422Expenses 2016: $396,366Net Income 2016: $48,0562016Revenue 2017: $474,791Expenses 2017: $388,249Net Income 2017: $86,5422017Revenue 2018: $472,893Expenses 2018: $447,742Net Income 2018: $25,1512018Revenue 2019: $550,737Expenses 2019: $402,105Net Income 2019: $148,6322019Revenue 2020: $561,266Expenses 2020: $401,796Net Income 2020: $159,4702020Revenue 2021: $543,667Expenses 2021: $389,024Net Income 2021: $154,6432021Revenue 2022: $817,520Expenses 2022: $448,564Net Income 2022: $368,9562022Revenue 2023: $986,022Expenses 2023: $647,477Net Income 2023: $338,5452023Revenue 2024: $911,727Expenses 2024: $779,275Net Income 2024: $132,4522024

Highlighted filing

2012

Revenue-
Expenses$290,663
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
May 15, 2013
Return Version
2012v2.1
Gross Receipts
$376,702
Mission and Program Overview

Mission

To promote and strengthen the bioscience industry in the state of delaware.

Filing and Contact Details

Filer

EIN
20-4147195
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IRS990/Description0Bioscience, recognized globally and here locally as a key driver of Delawares economy because of its potential for providing high wage employment opportunities, new solutions to improve human and animal health care and a cleaner environment, is one of seven industry clusters targeted for development by the State. Actions taken to promote development include: 1. Beginning in 2004, representatives from a cross-section of bioscience enterprises met under the direction of Governor Ruth Ann Minner to develop recommendations for further growth, involving activities that both the public and private sector could undertake. 2. The Delaware Bioscience Industry Cluster met several times to identify issues affecting Delaware's competitiveness in the biosciences, explore opportunities, and develop recommendations for moving forward. The Cluster was co-chaired by Catherine M. Bonuccelli, M.D., Vice President of External Scientific Affairs for AstraZeneca Pharmaceuticals; T. Ben Hsu, Ph.D., Vice President of Finance and Control for Quest Pharmaceutical Services; and Ray Yin, Ph.D., President & CTO, ANP Technologies. 3. One of the Cluster's key recommendations to the Governor was the formation of a trade association, which could capitalize on the strength of collaboration to foster growth of the bioscience sector. 4. As a result, the Delaware BioScience Association was formed in early 2006, bringing together pharmaceutical and biotechnology firms, medical device manufacturers, agricultural biotech and chemical companies, research and testing companies, hospitals and medical institutions, and other organizations and related service companies, with the shared goal of expanding an already vibrant bioscience economy.
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IRS990ScheduleJ/CompensationSurvey0X
IRS990ScheduleJ/EquityBasedCompArrangement0false
IRS990ScheduleJ/Form990OfOtherOrganizations0X
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg0170000
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0ROBERT DAYTON
IRS990ScheduleJ/Form990ScheduleJPartII/Title0PRESIDENT
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0170000
IRS990/ScheduleJRequired0true
IRS990ScheduleJ/SeverancePayment0false
IRS990ScheduleJ/SupplementalNonqualRetirePlan0false
IRS990ScheduleO/GeneralExplanation/Explanation0the organizatoin makes its governing documents and financial statements available to the public upon request.
IRS990ScheduleO/GeneralExplanation/Explanation1members have the right to elect the members of the governing body. membership categories include: Core Members: Organizations involved in the biotechnology, manufacturing, pharmaceutical research & development, drug discovery, medical device, agriculture, technology transfer, equipment and supply. cost of membership is based on number of employees. Associate Members: Organizations providing consulting and business services to the bioscience industry. cost of membership is based on number of employees. University Members: any academic institution that works in support of biotechnology. cost: $1,500 Non-profits: Any government or non-profit entity with an interest in or mandate to promote biotechnology. cost: $1,500 Individual Memberships: Non-student: Individuals with no company affiliation. cost: $250 Student: Individuals currently enrolled in college or graduate school with an interest in biotechnology. cost: $50
IRS990ScheduleO/GeneralExplanation/Explanation27A: members have the right to elect or appoint one or more members of the organization's governing body. at the annual meeting of members, the board of directors present nominees for election as directors each to serve an indicated term length. 7b: significant governance decisions of the organization are subject to approval by members; including but no limited to the approval of the governing body's election or removal of members of the governing body. no other significant decisions were subject to member approval during the 2011 tax year.
IRS990ScheduleO/GeneralExplanation/Explanation315a: the process for determining compensation includes review and approval of the board of directors. the process for determining compensation includes the use of data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. deliberations and decisions regarding the compensation arrange are documented. 15b: no officers, other than the president, are compensated.
IRS990ScheduleO/GeneralExplanation/Explanation4DESCRIPTION:AEROTEK SCIENTIFIC LLC TOTAL FEES:88271
IRS990ScheduleO/GeneralExplanation/Explanation5DESCRIPTION:OTHER PROFESSIONAL SERVICES TOTAL FEES:1725
IRS990ScheduleO/GeneralExplanation/Identifier0GOVERNANCE, MANAGEMENT, AND DISCLOSURE
IRS990ScheduleO/GeneralExplanation/Identifier1GOVERNANCE, MANAGEMENT, AND DISCLOSURE
IRS990ScheduleO/GeneralExplanation/Identifier2GOVERNANCE, MANAGEMENT, AND DISCLOSURE
IRS990ScheduleO/GeneralExplanation/Identifier3governance, management, and disclosure
IRS990ScheduleO/GeneralExplanation/Identifier4OTHER FEES FOR SERVICES FOR NON-EMPLOYEES
IRS990ScheduleO/GeneralExplanation/Identifier5OTHER FEES FOR SERVICES FOR NON-EMPLOYEES
IRS990ScheduleO/GeneralExplanation/ReturnReference0990 PART IV, SECTION C DISCLOSURE LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference1990 PART VI, SECTION A, LINE 6

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.23$1.88$0.91$0.78$0.13
2023Summary only. Only limited summary data is available for this year.$1.98$0.27$1.71$0.99$0.65$0.34
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.17$1.34$0.82$0.45$0.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.13$0.98$0.54$0.39$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.12$0.83$0.56$0.40$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.08$0.67$0.55$0.40$0.15
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.09$0.54$0.47$0.45$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.09$0.51$0.47$0.39$0.09
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.14$0.43$0.44$0.40$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.13$0.38$0.49$0.38$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.14$0.27$0.48$0.39$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.29$0.11$0.17$0.40$0.33$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.09$0.11$0.29
2011Summary only. Only limited summary data is available for this year.$0.18$0.03$0.15$0.27$0.27$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.03$0.15$0.28
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2012 filings • 501(c)6 • <$500k nonprofits