Civic Intelligence

Delaware Bioscience Association Inc

990 • Fiscal year 2016 • EIN 20-4147195

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

1 Innovation WayNewark, DE 19711

(302) 452-1104

Siviq Scores

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

Liabilities / Assets

70th percentile

0.25x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

79th percentile

0.32x

Higher debt load relative to revenue than 79% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

72nd percentile

11%

Higher net margin than 72% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

93rd percentile

$182,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 41.0% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

19th percentile

-8.9%

Faster revenue growth than 19% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$568,627

Up $62,387 (+12%) from 2015

Net Assets

Up

$427,237

Up $48,056 (+13%) from 2015

Liabilities

Up

$141,390

Up $14,331 (+11%) from 2015

Revenue

Down

$444,422

Down $43,264 (-8.9%) from 2015

Expenses

Up

$396,366

Up $18,275 (+4.8%) from 2015

Net Income

Down

$48,056

Down $61,539 (-56%) from 2015

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

2016

Assets$568,627
Liabilities$141,390
Net Assets$427,237

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

2016

Revenue$444,422
Expenses$396,366
Net Income$48,056
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.1
Gross Receipts
$556,919
Mission and Program Overview

Mission

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

Promote and strengthen the bioscience industry in the state of delaware.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$445,027$509,906▲ $64,879
Pledges and Grants Receivable$58,713$58,721▲ $8
Prepaid Expenses and Deferred Charges$2,500$0▼ $2,500
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$506,240$568,627▲ $62,387
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$73,083$87,739▲ $14,656
Accounts Payable and Accrued Expenses$53,976$53,651▼ $325
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$127,059$141,390▲ $14,331
Net Assets / Fund Balance
Unrestricted Net Assets$379,181$427,237▲ $48,056
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$379,181$427,237▲ $48,056
Total Liabilities and Net Assets / Fund Balance$506,240$568,627▲ $62,387
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert DaytonPresidentFT$182,000$182,000

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Aerotek Scientist LLCStaffing Agency7301 PARKWAY DRIVE, Hanover, MD 21076$102,783
Revenue and Support

Revenue Composition

Contributions and Grants
$225,465
Program Service Revenue
$179,749
Investment Income
$499
Other Revenue
$38,709
All Other Contributions
$460
Change in Net Assets
$48,056
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$232,316
Other Expenses$161,200
Grants and Similar Amounts Paid$2,850
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$182,000
Fees for Services Other---$105,914
Other Salaries and Wages---$46,595
Occupancy---$19,322
Travel---$16,261
Conferences and Meetings---$6,327
Information Technology---$4,198
Payroll Taxes---$3,721
Office Expenses---$3,152
Grants to Domestic Orgs---$2,850
Fees for Services Accounting---$2,750
Advertising---$1,515
Insurance---$800
Other Expenses---$376
Total Functional Expenses$0$0$0$396,366
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$151,206
Fundraising Direct Expenses$112,497
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Women in Scienc$113,435$61,685$51,739$9,946
Awards Gala$130,335$45,640$45,985$-345
Total Events$347,041$150,536$110,352$40,184
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Delaware Bioscience Association Inc
EIN
20-4147195
In Care Of
% DENIS MCCORMICK
Phone
3024521104
Address
1 Innovation Way, Newark, DE 19711

Signing Officer

Name
Helen Stimson
Title
President
Phone
3024521102
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Dayton
Formed
2006
Legal Domicile
De
Voting Board Members
63
Independent Board Members
63
Employees
0
Volunteers
23

Preparer

Firm
Bdo USA Llp
Address
4250 Lancaster Pike Suite 120, Wilmington, DE 19805
Preparer
Mary E Knigge
Phone
3026565500
Supplemental Narrative

Additional Explanations

Availibility of Documents

Form 990, Part IV, LinE 19 the organizatoin makes its governing documents and financial statements available to the public upon request.

Members And/or Stockholders

FORM 990, PART VI, LINE 6 members 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

Members, Stockholders, or Other Persons Who Had Power to Elect or Appoint

FORM 990, PART VI, LINES 7A AND 7B 7A: 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 not 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 2016 tax year.

Determining Compensation

FORM 990, PART VI, LINE 15A AND 15B 15a: 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 arrangement are documented. 15b: no officers, other than the president, are compensated.

Form 990 Part IX Line 11G

Description:aerotek scientific llc total fees:102783

Form 990 Part IX Line 11G

Description:other professional services total fees:3131

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm19PATRICK WALKER III PHD
IRS990/Form990PartVIISectionAGrp/PersonNm20JENNIFER KMIEC
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13director
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt20IMMEDIATE PAST CHAIRPERSON
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0200005
IRS990/FundraisingDirectExpensesAmt0112497
IRS990/FundraisingGrossIncomeAmt0151206
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
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IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt02850
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0556919
IRS990/GrossSalesOfInventoryAmt00
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IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
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IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt04198
IRS990/InsuranceGrp/TotalAmt0800
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0499
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
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IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt025000
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0DELAWARE BIOSCIENCE ASSOCIATION IS A UNIFIED VOICE FOR DELAWARES THRIVING BIO COMMUNITY, DEDICATED TO FACILITATING GROWTH OF THE LIFE SCIENCE INDUSTRY, ADVANCEMENTS IN RESEARCH AS WELL AS SUPPORTING EDUCATION INITIATIVES IN DELAWARE AND THE SURROUNDING REGION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
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IRS990/NetAssetsOrFundBalancesEOYAmt0427237
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt038709
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/NondeductibleContriDisclInd0true
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IRS990/OfficeExpensesGrp/TotalAmt03152
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc2GIFTS
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IRS990/OtherExpensesGrp/TotalAmt2376
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IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt058721
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Robert Dayton
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/BusinessCd1541700
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0168244
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt111505
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYContributionsGrantsAmt0229356
IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0159772
IRS990/PYOtherRevenueAmt066355
IRS990/PYProgramServiceRevenueAmt0191559
IRS990/PYRevenuesLessExpensesAmt0109595
IRS990/PYSalariesCompEmpBnftPaidAmt0218319
IRS990/PYTotalExpensesAmt0378091
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0487686
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt048056
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2016Detailed filing. Detailed filing data is available for this year.$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. 2016 filings • 501(c)6 • $500k-$1M nonprofits