Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
990 • Fiscal year 2020 • EIN 20-5349674
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
63rd percentile
Faster asset growth than 63% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Assets
Up$19,955,653
Up $1,667,084 (+9.1%) from 2019
Net Assets
Down$7,300,521
Down $469,996 (-6.0%) from 2019
Liabilities
Up$12,655,132
Up $2,137,080 (+20%) from 2019
Revenue
Down$2,475,086
Down $226,258 (-8.4%) from 2019
Expenses
Down$2,945,082
Down $135,558 (-4.4%) from 2019
Net Income
Down-$469,996
Down $90,700 (-24%) from 2019
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $16,102,278 | $16,824,370 | ▲ $722,092 |
| Savings and Temporary Cash Investments | $936,052 | $677,306 | ▼ $258,746 |
| Accounts Receivable | $339,283 | $344,039 | ▲ $4,756 |
| Cash and Non-Interest-Bearing Accounts | $182,667 | $102,188 | ▼ $80,479 |
| Prepaid Expenses and Deferred Charges | $23,250 | $40,805 | ▲ $17,555 |
| Total Assets | $18,288,569 | $19,955,653 | ▲ $1,667,084 |
| Other Assets Total | $705,039 | $1,966,945 | ▲ $1,261,906 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $9,873,701 | $9,815,176 | ▼ $58,525 |
| Deferred Revenue | $9,328 | $1,554,048 | ▲ $1,544,720 |
| Accounts Payable and Accrued Expenses | $563,030 | $1,087,394 | ▲ $524,364 |
| Other Liabilities | $71,993 | $198,514 | ▲ $126,521 |
| Total Liabilities | $10,518,052 | $12,655,132 | ▲ $2,137,080 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $7,313,267 | $7,300,521 | ▼ $12,746 |
| Net Assets With Donor Restrictions | $457,250 | - | - |
| Total Net Assets Fund Balance | $7,770,517 | $7,300,521 | ▼ $469,996 |
| Total Liabilities and Net Assets / Fund Balance | $18,288,569 | $19,955,653 | ▲ $1,667,084 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $15,397,530 | $3,281,958 | $18,679,488 |
| Other Land Buildings | $1,295,000 | - | $1,295,000 |
| Equipment | $131,840 | $722,232 | $854,072 |
| Other Assets Org | $25,201 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| E Laverne Epp | Executive Ch | FT | $191,339 | $24,613 | $215,952 |
| E Laverne Epp | Executive Chair | - | $191,339 | $24,613 | $215,952 |
| Adam Courtney | VP Finance | FT | $164,092 | $22,721 | $186,813 |
| G R Underwood | Past Preside | FT | $118,027 | $6,837 | $124,864 |
| Robert Knapp | Exec VP of C | FT | $35,865 | $953 | $36,818 |
| Name | Title |
|---|---|
| Bonnie Lowe | Board Member |
| Brad Finkeldei | Board Member |
| Craig Owens | Board Member |
| Douglas Girod | Board Member |
| Patrick Kelly | Board Member |
| Robert Simari | Board Member |
| Sarah Plinsky | Board Member |
| Valentino J Stella | Board Member |
| Derek Kwan | Secretary |
| Robert Johnson | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Mcelroy's INC | Mechanical | 3310 SW TOPEKA BLVD, Topeka, KS 66611 | $135,000 |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,021,186 |
| Salaries, Compensation, and Employee Benefits | $923,896 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $536,984 | - | - | $536,984 |
| Current Officers, Directors, Trustees, and Key Employees | $447,773 | $61,550 | - | $509,323 |
| Occupancy | $484,578 | $3,724 | - | $488,302 |
| Interest | $446,486 | - | - | $446,486 |
| Other Expenses | $329,937 | - | - | $329,937 |
| Other Salaries and Wages | $265,153 | $46,754 | - | $311,907 |
| Insurance | $90,897 | $9,932 | - | $100,829 |
| Payroll Taxes | $53,376 | $8,896 | - | $62,272 |
| Pension Plan Contributions | $34,623 | $5,771 | - | $40,394 |
| Fees for Services Accounting | - | $34,225 | - | $34,225 |
| Information Technology | $29,193 | $4,777 | - | $33,970 |
| Office Expenses | - | $23,921 | - | $23,921 |
| Advertising | - | $12,365 | - | $12,365 |
| Fees for Services Management | $10,733 | - | - | $10,733 |
| Travel | - | $3,434 | - | $3,434 |
| Total Functional Expenses | $2,729,733 | $215,349 | $0 | $2,945,082 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Ppp Loan | $138,400 |
| Lease Deposits | $60,114 |
“Contracts with kaw, inc and lrtc to provide management, property management and client service.”
“Btbc has stakeholder members who maintain the four class a director positions and elect the at large board of director members. The stakeholder members are city, county, university of kansas and chamber of commerce who will receive a portion of the net assets upon dissolution. The board of director approves major decisions.”
“Class a directors elect class b directors”
“The committees of the organization are advisory in nature and do not have the authority to act on behalf of the governing board.”
“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.”
“Annually, the board and staff disclose any possible conflicts and in the event of a conflict, btbc personnel are obligated to disclose the situation and recuse themselves from any further consideration ofthe matter until conflict is resolved.”
“The board reviews and approves officer's compensation.”
“All relevant documents are made available to the public upon request in either paper or digital (.pdf) format.”
“In 2020, the bioscience and technology business center (btbc) was able to accomplish its stated goals in multiple areas. The btbc continued its mission to recruit, grow, and retain additional high-potential companies to fill the phase ii building addition that was completed in 2014 and ended the year at 100% occupancy at the main facility on west campus. In addition, the organization was able to begin its next phase of growth, which is a new building on ku's west campus. The phase iii development will be a 66,000 square foot building. Btbc received a 7.8mm eda grant for phase iii in october 2020 and construction will begin in q1 2021 with an anticipated completion date of q1 2022. It will generate space for an additional 12-18 companies with 200-250 jobs. The organization strives to serve as the lead business and economic development contact for life sciences and technology companies interested in doing business in lawrence and douglas county region. The btbc seeks to serve the needs of life sciences and technology 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, 4) recruitment and relocation assistance, 5) access to capital, and 6) access to the vast btbc network of resources.”
“In 2020 gr underwood stepped down as the president & coo and robert knapp was hired as the executive vice president of corporate relations.”
“The organization is exempt from income taxes under section 501(c)(6) of the internal revenue code as provided by a determination letter received from the internal revenue service. The organization's income tax returns are subject to review and examination by federal authorities. The organization is not aware of any activities that are subject to tax on unrelated business income or excise tax or other taxes.”
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/AccountantCompileOrReviewInd | 0 | true |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 563030 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1087394 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 339283 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 344039 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 12365 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 12365 |
| IRS990/AllOtherContributionsAmt | 0 | 21200 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ADAM COURTNEY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7858322110 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2029 BECKER DRIVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LAWRENCE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KS |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 66047 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 182667 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 102188 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 61550 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 447773 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 509323 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 135000 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 3310 SW TOPEKA BLVD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | TOPEKA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | KS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 66611 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | MCELROY'S INC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | MECHANICAL |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 651200 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 3084 |
| IRS990/CYOtherExpensesAmt | 0 | 2021186 |
| IRS990/CYOtherRevenueAmt | 0 | -747 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1821549 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -469996 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 923896 |
| IRS990/CYTotalExpensesAmt | 0 | 2945082 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2475086 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 9328 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 1554048 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 536984 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 536984 |
| IRS990/Desc | 0 | IN 2020, THE BIOSCIENCE AND TECHNOLOGY BUSINESS CENTER (BTBC) WAS ABLE TO ACCOMPLISH ITS STATED GOALS IN MULTIPLE AREAS. THE BTBC CONTINUED ITS MISSION TO RECRUIT, GROW, AND RETAIN ADDITIONAL HIGH-POTENTIAL COMPANIES TO FILL THE PHASE II BUILDING ADDITION THAT WAS COMPLETED IN 2014 AND ENDED THE YEAR AT 100% OCCUPANCY AT THE MAIN FACILITY ON WEST CAMPUS. IN ADDITION, THE ORGANIZATION WAS ABLE TO BEGIN ITS NEXT PHASE OF GROWTH, WHICH IS A NEW BUILDING ON KU'S WEST CAMPUS. THE PHASE III DEVELOPMENT WILL BE A 66,000 SQUARE FOOT BUILDING. BTBC RECEIVED A 7.8MM EDA GRANT FOR PHASE III IN OCTOBER 2020 AND CONSTRUCTION WILL BEGIN IN Q1 2021 WITH AN ANTICIPATED COMPLETION DATE OF Q1 2022. IT WILL GENERATE SPACE FOR AN ADDITIONAL 12-18 COMPANIES WITH 200-250 JOBS. THE ORGANIZATION STRIVES TO SERVE AS THE LEAD BUSINESS AND ECONOMIC DEVELOPMENT CONTACT FOR LIFE SCIENCES AND TECHNOLOGY COMPANIES INTERESTED IN DOING BUSINESS IN LAWRENCE AND DOUGLAS COUNTY REGION. THE BTBC SEEKS TO SERVE THE NEEDS OF LIFE SCIENCES AND TECHNOLOGY 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, 4) RECRUITMENT AND RELOCATION ASSISTANCE, 5) ACCESS TO CAPITAL, AND 6) ACCESS TO THE VAST BTBC NETWORK OF RESOURCES. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 457250 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 14 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 34225 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 34225 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 10733 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 10733 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 24613 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 6837 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 22721 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 953 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DEREK KWAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | BRAD FINKELDEI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | PATRICK KELLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DOUGLAS GIROD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BONNIE LOWE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | CRAIG OWENS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | E LAVERNE EPP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | ROBERT JOHNSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | VALENTINO J STELLA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | ROBERT SIMARI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | SARAH PLINSKY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | G R UNDERWOOD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | ADAM COURTNEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | ROBERT KNAPP |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 191339 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 118027 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 164092 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 35865 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | EXECUTIVE CH |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | VP FINANCE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | EXEC VP OF C |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2006 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GovernmentGrantsAmt | 0 | 630000 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 2475086 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 4777 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 29193 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 33970 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 9932 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 90897 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 100829 |
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| IRS990/InterestGrp/TotalAmt | 0 | 446486 |
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| IRS990/LocalChaptersInd | 0 | false |
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| IRS990/MembersOrStockholdersInd | 0 | true |
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| IRS990/MinutesOfCommitteesInd | 0 | false |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
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| IRS990/MoreThan5000KToOrgInd | 0 | false |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 7300521 |
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| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 7300521 |
| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 484578 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 488302 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 23921 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 23921 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1966945 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 329937 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 329937 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 71993 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 198514 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | REIMBURSED EXPENSES |
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| IRS990/OtherRevenueTotalAmt | 0 | -747 |
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| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 265153 |
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| IRS990/ProfessionalFundraisingInd | 0 | false |
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| IRS990/ProgramServiceRevenueGrp/Desc | 1 | MANAGEMENT FEE INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | ADVISORY SERVICE |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | INTERNET AND PHONE INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | CONTRACTUAL SERVICE |
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| IRS990/PYInvestmentIncomeAmt | 0 | 11969 |
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| IRS990/PYOtherRevenueAmt | 0 | 774 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1767401 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -379296 |
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| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 936052 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 677306 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
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| IRS990/ScheduleBRequiredInd | 0 | true |
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| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 3281958 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 18679488 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 131840 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 722232 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 854072 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
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| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 274050 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 120194 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 47500 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 4 | 25201 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | CASH RESTRICTED FOR EXPANSION OF FAC |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | DUE FROM KAW, INC |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | NOTE RECEIVABLE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | REFUNDABLE GRANTS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 4 | DUE FROM LRTC |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 1295000 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1295000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 138400 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 60114 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PPP LOAN |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | LEASE DEPOSITS |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AS PROVIDED BY A DETERMINATION LETTER RECEIVED FROM THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE TAX OR OTHER TAXES. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 16824370 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 1966945 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 198514 |
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| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 191339 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 164092 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 11350 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 1 | 9275 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 13263 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 1 | 13446 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | ADAM COURTNEY |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | EXECUTIVE CHAIR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | VP FINANCE |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 186813 |
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| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | IN 2020, THE BIOSCIENCE AND TECHNOLOGY BUSINESS CENTER (BTBC) WAS ABLE TO ACCOMPLISH ITS STATED GOALS IN MULTIPLE AREAS. THE BTBC CONTINUED ITS MISSION TO RECRUIT, GROW, AND RETAIN ADDITIONAL HIGH-POTENTIAL COMPANIES TO FILL THE PHASE II BUILDING ADDITION THAT WAS COMPLETED IN 2014 AND ENDED THE YEAR AT 100% OCCUPANCY AT THE MAIN FACILITY ON WEST CAMPUS. IN ADDITION, THE ORGANIZATION WAS ABLE TO BEGIN ITS NEXT PHASE OF GROWTH, WHICH IS A NEW BUILDING ON KU'S WEST CAMPUS. THE PHASE III DEVELOPMENT WILL BE A 66,000 SQUARE FOOT BUILDING. BTBC RECEIVED A 7.8MM EDA GRANT FOR PHASE III IN OCTOBER 2020 AND CONSTRUCTION WILL BEGIN IN Q1 2021 WITH AN ANTICIPATED COMPLETION DATE OF Q1 2022. IT WILL GENERATE SPACE FOR AN ADDITIONAL 12-18 COMPANIES WITH 200-250 JOBS. THE ORGANIZATION STRIVES TO SERVE AS THE LEAD BUSINESS AND ECONOMIC DEVELOPMENT CONTACT FOR LIFE SCIENCES AND TECHNOLOGY COMPANIES INTERESTED IN DOING BUSINESS IN LAWRENCE AND DOUGLAS COUNTY REGION. THE BTBC SEEKS TO SERVE THE NEEDS OF LIFE SCIENCES AND TECHNOLOGY 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, 4) RECRUITMENT AND RELOCATION ASSISTANCE, 5) ACCESS TO CAPITAL, AND 6) ACCESS TO THE VAST BTBC NETWORK OF RESOURCES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CONTRACTS WITH KAW, INC AND LRTC TO PROVIDE MANAGEMENT, PROPERTY MANAGEMENT AND CLIENT SERVICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | BTBC HAS STAKEHOLDER MEMBERS WHO MAINTAIN THE FOUR CLASS A DIRECTOR POSITIONS AND ELECT THE AT LARGE BOARD OF DIRECTOR MEMBERS. THE STAKEHOLDER MEMBERS ARE CITY, COUNTY, UNIVERSITY OF KANSAS AND CHAMBER OF COMMERCE WHO WILL RECEIVE A PORTION OF THE NET ASSETS UPON DISSOLUTION. THE BOARD OF DIRECTOR APPROVES MAJOR DECISIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CLASS A DIRECTORS ELECT CLASS B DIRECTORS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE COMMITTEES OF THE ORGANIZATION ARE ADVISORY IN NATURE AND DO NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | ANNUALLY, THE BOARD AND STAFF DISCLOSE ANY POSSIBLE CONFLICTS AND IN THE EVENT OF A CONFLICT, BTBC PERSONNEL ARE OBLIGATED TO DISCLOSE THE SITUATION AND RECUSE THEMSELVES FROM ANY FURTHER CONSIDERATION OFTHE MATTER UNTIL CONFLICT IS RESOLVED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE BOARD REVIEWS AND APPROVES OFFICER'S COMPENSATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | ALL RELEVANT DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST IN EITHER PAPER OR DIGITAL (.PDF) FORMAT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | IN 2020 GR UNDERWOOD STEPPED DOWN AS THE PRESIDENT & COO AND ROBERT KNAPP WAS HIRED AS THE EXECUTIVE VICE PRESIDENT OF CORPORATE RELATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PART XII |
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| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | false |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 0 | true |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd | 0 | N/A |
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| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 0 | C CORP |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 0 | KS |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct | 0 | 1.00000 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 0 | MANAGEMENT |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | KAW INC |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.