Civic Intelligence

Bioscience & Technology Business Center Inc

990 • Fiscal year 2014 • EIN 20-5349674

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 04, 2014

Organization Profilewww.ldcba.org
2029 Becker DriveLawrence, KS 66047

(785) 832-2110

Siviq Scores

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

Liabilities / Assets

70th percentile

0.44x

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

2014 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

2.59x

Higher debt load relative to revenue than 95% of similar nonprofits.

2014 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2014

Net Margin

83rd percentile

20%

Higher net margin than 83% of similar nonprofits.

2014 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

19th percentile

$193,239

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2014 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2014

Asset Growth

98th percentile

56%

Faster asset growth than 98% of similar nonprofits.

2014 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

2nd percentile

-35%

Faster revenue growth than 2% of similar nonprofits.

2014 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$15,412,465

Up $5,535,982 (+56%) from 2013

Net Assets

Up

$8,569,317

Up $538,931 (+6.7%) from 2013

Liabilities

Up

$6,843,148

Up $4,997,051 (+271%) from 2013

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin83rd percentile

Revenue

Down

$2,645,171

Down $1,433,654 (-35%) from 2013

Expenses

Up

$2,106,240

Up $546,783 (+35%) from 2013

Net Income

Down

$538,931

Down $1,980,437 (-79%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$60M$40M$20M$0Assets 2010: $6,454,114Liabilities 2010: $1,304,745Net Assets 2010: $5,149,3692010Assets 2011: $6,457,559Liabilities 2011: $1,143,213Net Assets 2011: $5,314,3462011Assets 2012: $6,668,154Liabilities 2012: $1,157,136Net Assets 2012: $5,511,0182012Assets 2013: $9,876,483Liabilities 2013: $1,846,097Net Assets 2013: $8,030,3862013Assets 2014: $15,412,465Liabilities 2014: $6,843,148Net Assets 2014: $8,569,3172014Assets 2015: $15,207,016Liabilities 2015: $6,659,762Net Assets 2015: $8,547,2542015Assets 2016: $15,101,224Liabilities 2016: $6,488,951Net Assets 2016: $8,612,2732016Assets 2017: $17,130,801Liabilities 2017: $8,595,911Net Assets 2017: $8,534,8902017Assets 2018: $18,599,012Liabilities 2018: $10,436,628Net Assets 2018: $8,162,3842018Assets 2019: $18,288,569Liabilities 2019: $10,518,052Net Assets 2019: $7,770,5172019Assets 2020: $19,955,653Liabilities 2020: $12,655,132Net Assets 2020: $7,300,5212020Assets 2021: $30,111,538Liabilities 2021: $20,821,276Net Assets 2021: $9,290,2622021Assets 2022: $44,485,182Liabilities 2022: $25,632,483Net Assets 2022: $18,852,6992022Assets 2023: $45,142,722Liabilities 2023: $24,664,135Net Assets 2023: $20,478,5872023Assets 2024: $46,536,366Liabilities 2024: $26,374,942Net Assets 2024: $20,161,4242024

Highlighted filing

2014

Assets$15,412,465
Liabilities$6,843,148
Net Assets$8,569,317
Open 2014 Filing

Operations Trend

Revenue Growth2nd percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $784,4472010Revenue 2011: $1,333,193Expenses 2011: $1,168,216Net Income 2011: $164,9772011Expenses 2012: $1,619,9682012Revenue 2013: $4,078,825Expenses 2013: $1,559,457Net Income 2013: $2,519,3682013Revenue 2014: $2,645,171Expenses 2014: $2,106,240Net Income 2014: $538,9312014Revenue 2015: $2,382,028Expenses 2015: $2,404,091Net Income 2015: -$22,0632015Revenue 2016: $2,386,758Expenses 2016: $2,321,739Net Income 2016: $65,0192016Revenue 2017: $2,373,667Expenses 2017: $2,451,050Net Income 2017: -$77,3832017Revenue 2018: $2,590,770Expenses 2018: $2,963,276Net Income 2018: -$372,5062018Revenue 2019: $2,701,344Expenses 2019: $3,080,640Net Income 2019: -$379,2962019Revenue 2020: $2,475,086Expenses 2020: $2,945,082Net Income 2020: -$469,9962020Revenue 2021: $4,805,721Expenses 2021: $2,815,980Net Income 2021: $1,989,7412021Revenue 2022: $13,851,598Expenses 2022: $4,239,161Net Income 2022: $9,612,4372022Revenue 2023: $6,583,194Expenses 2023: $4,957,306Net Income 2023: $1,625,8882023Revenue 2024: $4,943,527Expenses 2024: $5,260,690Net Income 2024: -$317,1632024

Highlighted filing

2014

Revenue$2,645,171
Expenses$2,106,240
Net Income$538,931
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 4, 2014
Return Version
2014v5.0
Gross Receipts
$2,645,171
Mission and Program Overview

Mission

Bioscience & technology business center, inc.'s mission is to foster the development and growth of the life science and technology industries in the local area.

Bioscience & Technology Business Center, Inc.'s mission is to foster the development and growth of the life sciences industry in the local area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,961,831$14,769,486▲ $8,807,655
Rtn Earn Endowment Incm Other Fnds$8,030,386$8,569,317▲ $538,931
Savings and Temporary Cash Investments$496,688$329,600▼ $167,088
Accounts Receivable$65,130$117,384▲ $52,254
Cash and Non-Interest-Bearing Accounts$139,215$100,821▼ $38,394
Prepaid Expenses and Deferred Charges$11,522$6,012▼ $5,510
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$9,876,483$15,412,465▲ $5,535,982
Other Assets Total$3,202,097$89,162▼ $3,112,935
Liabilities
Other Liabilities$972,416$6,493,819▲ $5,521,403
Accounts Payable and Accrued Expenses$873,681$249,329▼ $624,352
Deferred Revenue-$100,000-
Total Liabilities$1,846,097$6,843,148▲ $4,997,051
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,030,386$8,569,317▲ $538,931
Total Liabilities and Net Assets / Fund Balance$9,876,483$15,412,465▲ $5,535,982

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,193,180$761,979$14,955,159
Other Land Buildings$574,946$218,183$793,129
Equipment$1,360$1,190$2,550
Compensation and Service Providers
Top Officer Pay19th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
G R UnderwoodPresident & COOFT$182,507$10,732$193,239
Frank H B KruseVice PresidentFT$155,650$19,409$175,059
Adam CourtneyVP FinanceFT$125,376$3,790$129,166
E Laverne EppChairmanFT$101,258$23,803$125,061

Board Members and Trustees

NameTitle
Doug GaumerBoard Member
Mary Lee HummertBoard Member
Pat GeorgeBoard Member
Robert JohnsonBoard Member
Ted HaggartBoard Member
Valentino J StellaBoard Member
Jim FlorySecretary
Michael DeverTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,653,099
Program Service Revenue
$991,333
Investment Income
$739
Other Revenue
$0
All Other Contributions
$733,099
Change in Net Assets
$538,931
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,217,619
Salaries, Compensation, and Employee Benefits$888,621
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$622,525
Depreciation Depletion---$307,034
Other Salaries and Wages---$184,631
Interest---$119,755
Fees for Services Other---$95,073
All Other Expenses---$68,626
Payroll Taxes---$51,476
Other Expenses---$29,371
Occupancy---$26,000
Office Expenses---$21,215
Other Employee Benefits---$20,195
Insurance---$18,872
Fees for Services Accounting---$16,621
Pension Plan Contributions---$9,794
Travel---$9,540
Fees for Services Legal---$2,875
Total Functional Expenses$0$0$0$2,106,240
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable Kuea$5,500,000
Note Payable Kucr$926,244
Lease Deposits$33,985
Construction Retainage$33,590
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

“Contracts with Kaw, Inc and LRTC to provide management, property management and client services.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The return will be reviewed at the next quarterly board meeting. If the filing date falls before the quarterly board meeting, copies are provided to all board members to review, and discussion is conducted via conference calls or e-mails.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The board reviews and approves officer's compensation.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“All relevant documents are made available to the public upon request in either paper or digital (.pdf) format.”

Filing and Contact Details

Filer

Filer Name
Bioscience & Technology Business
EIN
20-5349674
Phone
7858322110
Address
2029 BECKER DRIVE, LAWRENCE, KS 66047

Signing Officer

Name
G R Underwood
Title
President & COO
Signed
2014-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
G R Underwood
Formed
2006
Legal Domicile
Ks
Voting Board Members
5
Independent Board Members
5
Employees
10
Volunteers
8

Preparer

Firm
Mize Houser & Company PA
Address
211 East Eighth Street Suite A, Lawrence, KS 66044-2682
Preparer
Kenneth R Hite CPA
Phone
7858428844
Raw XML AppendixShowing 400 of 493 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0873681
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0249329
IRS990/AccountsReceivableGrp/BOYAmt065130
IRS990/AccountsReceivableGrp/EOYAmt0117384
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Bioscience & Technology Business Center, Inc.'s mission is to foster the development and growth of the life sciences industry in the local area.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0733099
IRS990/AllOtherExpensesGrp/TotalAmt068626
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0ADAM COURTNEY
IRS990/BooksInCareOfDetail/PhoneNum07858322110
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02029 BECKER DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAWRENCE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd066047
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0139215
IRS990/CashNonInterestBearingGrp/EOYAmt0100821
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0622525
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01653099
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0739
IRS990/CYOtherExpensesAmt01217619
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0991333
IRS990/CYRevenuesLessExpensesAmt0538931
IRS990/CYSalariesCompEmpBnftPaidAmt0888621
IRS990/CYTotalExpensesAmt02106240
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02645171
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt0100000
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/TotalAmt0307034
IRS990/Desc0In 2014, the Bioscience and Technology Business Center (BTBC) was able to accomplish its stated goals in multiple areas. The BTBC completed Phase II construction project that will allow us to start, recruit, grow, and retain additional high-potential companies. In addition, the organization was able to renew and strengthen relationships with key partners including the University of Kansas Innovation and Collaboration department, which will be key in the commercialization of university research. The organization strives to serve as the lead business and economic development contact for life sciences companies interested in doing business in the local area. The BTBC seeks to serve the needs of life sciences companies by providing 1) Bioscience and Technology Business Center on the University of Kansas campus, 2) Business Development Services, 3) Collaborative Research Projects with the University of Kansas, and 4) Recruitment and Relocation Assistance.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt016621
IRS990/FeesForServicesLegalGrp/TotalAmt02875
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt095073
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt023803
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt610732
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1019409
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt113790
IRS990/Form990PartVIISectionAGrp/PersonNm0E LAVERNE EPP
IRS990/Form990PartVIISectionAGrp/PersonNm1JIM FLORY
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL DEVER
IRS990/Form990PartVIISectionAGrp/PersonNm3MARY LEE HUMMERT
IRS990/Form990PartVIISectionAGrp/PersonNm4VALENTINO J STELLA
IRS990/Form990PartVIISectionAGrp/PersonNm5DOUG GAUMER
IRS990/Form990PartVIISectionAGrp/PersonNm6G R UNDERWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm7PAT GEORGE
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBERT JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm9TED HAGGART
IRS990/Form990PartVIISectionAGrp/PersonNm10FRANK H B KRUSE
IRS990/Form990PartVIISectionAGrp/PersonNm11ADAM COURTNEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0101258
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6182507
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10155650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11125376
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6President & COO
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP Finance
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0920000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02645171
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt018872
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt0119755
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0739
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0739
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0981352
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05961831
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014769486
IRS990/LandBldgEquipCostOrOtherBssAmt015750838
IRS990/LegalDomicileStateCd0KS
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Bioscience & Technology Business Center, Inc.'s mission is to foster the development and growth of the life sciences industry in the local area.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt08030386
IRS990/NetAssetsOrFundBalancesEOYAmt08569317
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt026000
IRS990/OfficeExpensesGrp/TotalAmt021215
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt03202097
IRS990/OtherAssetsTotalGrp/EOYAmt089162
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020195
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2PROPERTY TAX
IRS990/OtherExpensesGrp/Desc3FACILITY MAINTENANCE
IRS990/OtherExpensesGrp/TotalAmt0295575
IRS990/OtherExpensesGrp/TotalAmt1142434
IRS990/OtherExpensesGrp/TotalAmt264628
IRS990/OtherExpensesGrp/TotalAmt329371
IRS990/OtherLiabilitiesGrp/BOYAmt0972416
IRS990/OtherLiabilitiesGrp/EOYAmt06493819
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0184631
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt051476
IRS990/PensionPlanContributionsGrp/TotalAmt09794
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011522
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06012
IRS990/PrincipalOfficerNm0G R UNDERWOOD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ADVISORY SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1CONSTRUCTION MGT FEES
IRS990/ProgramServiceRevenueGrp/Desc2MANAGEMENT FEES - KUMCRI
IRS990/ProgramServiceRevenueGrp/Desc3Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt034311
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1125000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2353938
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3478084
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt034311
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1125000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2353938
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3478084
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03193437
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02223
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0934450
IRS990/PYProgramServiceRevenueAmt0883165
IRS990/PYRevenuesLessExpensesAmt02519368
IRS990/PYSalariesCompEmpBnftPaidAmt0625007
IRS990/PYTotalExpensesAmt01559457
IRS990/PYTotalRevenueAmt04078825
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0538931
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08030386
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08569317
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0496688
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0329600
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt014193180
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0761979
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014955159
IRS990ScheduleD/EquipmentGrp/BookValueAmt01360
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01190
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02550
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0574946
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0218183
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0793129
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt033590
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt133985
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2926244
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt35500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONSTRUCTION RETAINAGE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NOTE PAYABLE KUCR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3NOTE PAYABLE KUEA
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014769486
IRS990ScheduleD/TotalLiabilityAmt06493819
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0155650
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1182507
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt019409
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt110732
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0FRANK H B KRUSE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1G R UNDERWOOD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1President & COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0175059
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1193239
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Contracts with Kaw, Inc and LRTC to provide management, property management and client services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN WILL BE REVIEWED AT THE NEXT QUARTERLY BOARD MEETING. IF THE FILING DATE FALLS BEFORE THE QUARTERLY BOARD MEETING, COPIES ARE PROVIDED TO ALL BOARD MEMBERS TO REVIEW, AND DISCUSSION IS CONDUCTED VIA CONFERENCE CALLS OR E-MAILS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS AND APPROVES OFFICER'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL RELEVANT DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST IN EITHER PAPER OR DIGITAL (.PDF) FORMAT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0481153078
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0KS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0KAW INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt02029 BECKER DRIVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0LAWRENCE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0KS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd066047
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LAWRENCE REGIONAL TECHNOLOGY CENTER INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0481150844
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0KS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1)(A)(VI)

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,412,465
Liabilities
$6,843,148
Net assets
$8,569,317
Revenue
$2,645,171
Expenses
$2,106,240
Net income
$538,931
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.5$26.4$20.2$4.94$5.26$0.32
2023Detailed filing. Detailed filing data is available for this year.$45.1$24.7$20.5$6.58$4.96$1.63
2022Detailed filing. Detailed filing data is available for this year.$44.5$25.6$18.9$13.9$4.24$9.61
2021Detailed filing. Detailed filing data is available for this year.$30.1$20.8$9.29$4.81$2.82$1.99
2020Detailed filing. Detailed filing data is available for this year.$20.0$12.7$7.30$2.48$2.95$0.47
2019Detailed filing. Detailed filing data is available for this year.$18.3$10.5$7.77$2.70$3.08$0.38
2018Detailed filing. Detailed filing data is available for this year.$18.6$10.4$8.16$2.59$2.96$0.37
2017Detailed filing. Detailed filing data is available for this year.$17.1$8.60$8.53$2.37$2.45$0.08
2016Detailed filing. Detailed filing data is available for this year.$15.1$6.49$8.61$2.39$2.32$0.07
2015Detailed filing. Detailed filing data is available for this year.$15.2$6.66$8.55$2.38$2.40$0.02
2014Detailed filing. Detailed filing data is available for this year.$15.4$6.84$8.57$2.65$2.11$0.54
2013Detailed filing. Detailed filing data is available for this year.$9.88$1.85$8.03$4.08$1.56$2.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.67$1.16$5.51$1.62
2011Summary only. Only limited summary data is available for this year.$6.46$1.14$5.31$1.33$1.17$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$1.30$5.15$0.78
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)6 • $10M-$25M nonprofits