Civic Intelligence

New England Biotechnology Association

EIN 26-3498656 • 501(c)6 • Hartford, CT

Profile

New England Biotechnology Association is a member driven organization comprised of state biotech associations, biotechnology and biopharmaceutical companies, academic institutions, and other organizations with a collective mission to support and grow the biotechnology industry in New England.

350 Church StreetHartford, CT 06103

www.newenglandbiotech.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.28x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

94th percentile

0.56x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

54th percentile

2.5%

Higher net margin than 54% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

85th percentile

28%

Faster asset growth than 85% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

76th percentile

19%

Faster revenue growth than 76% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$23,937

Up $5,250 (+28%) from 2017

Liabilities

Up

$30,625

Up $3,875 (+14%) from 2017

Net Assets

Up

-$6,688

Up $1,375 (+17%) from 2017

Operations
Liabilities / Revenue94th percentileNet Margin54th percentile

Revenue

Up

$54,631

Up $8,628 (+19%) from 2017

Expenses

Up

$53,256

Up $142 (+0.3%) from 2017

Net Income

Up

$1,375

Up $8,486 (+119%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth85th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0-$20KAssets 2013: $61,348Liabilities 2013: $49,325Net Assets 2013: $12,0232013Assets 2014: $27,784Liabilities 2014: $18,750Net Assets 2014: $9,0342014Assets 2015: $33,766Liabilities 2015: $26,000Net Assets 2015: $7,7662015Assets 2016: $25,798Liabilities 2016: $26,750Net Assets 2016: -$9522016Assets 2017: $18,687Liabilities 2017: $26,750Net Assets 2017: -$8,0632017Assets 2018: $23,937Liabilities 2018: $30,625Net Assets 2018: -$6,6882018

Highlighted filing

2018

Assets$23,937
Liabilities$30,625
Net Assets-$6,688
Open 2018 Filing

Operations Trend

Revenue Growth76th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2013: $67,503Expenses 2013: $42,587Net Income 2013: $24,9162013Revenue 2014: $53,842Expenses 2014: $56,831Net Income 2014: -$2,9892014Revenue 2015: $55,955Expenses 2015: $57,223Net Income 2015: -$1,2682015Revenue 2016: $44,252Expenses 2016: $52,970Net Income 2016: -$8,7182016Revenue 2017: $46,003Expenses 2017: $53,114Net Income 2017: -$7,1112017Revenue 2018: $54,631Expenses 2018: $53,256Net Income 2018: $1,3752018

Highlighted filing

2018

Revenue$54,631
Expenses$53,256
Net Income$1,375
Open 2018 Filing

Filings

Most recent year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,937
Liabilities
$30,625
Net assets
-$6,688
Revenue
$54,631
Expenses
$53,256
Net income
$1,375
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$23.9$30.6$6.69$54.6$53.3$1.38
2017Detailed filing. Detailed filing data is available for this year.$18.7$26.8$8.06$46.0$53.1$7.11
2016Detailed filing. Detailed filing data is available for this year.$25.8$26.8$0.95$44.3$53.0$8.72
2015Detailed filing. Detailed filing data is available for this year.$33.8$26.0$7.77$56.0$57.2$1.27
2014Detailed filing. Detailed filing data is available for this year.$27.8$18.8$9.03$53.8$56.8$2.99
2013Detailed filing. Detailed filing data is available for this year.$61.3$49.3$12.0$67.5$42.6$24.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$54,631
Mission and Program Overview

Mission

New England Biotechnology Association is a member driven organization comprised of state biotech associations, biotechnology and biopharmaceutical companies, academic institutions, and other organizations with a collective mission to support and grow the biotechnology industry in New England.

Program Services

DescriptionGrantsExpenses
New England Biotechnology Association educates policy makers and the public about the biotech industry; promotes public policies that foster innovation; encourages economic development in the biotech sector; and advocates continued patient access to life-saving and life-improving breakthrough biotechnology medicines.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul PescatelloPresident-$0--
Kathie ShieldsTreas.&Sec'Y-$0--
David GogginChairman-$0--
Maria CahillDirector-$0--
Bill ChurchDirector-$0--
Steve EvangelistaDirector-$0--
Gary GoodrichDirector-$0--
Paul GramlVice Chairman-$0--
Ken HiscoeDirector-$0--
Paula NewtonDirector-$0--
Beth Anne ZielinskiDirector-$0--
Filing and Contact Details

Filer

Filer Name
New England Biotechnology Association
EIN
26-3498656
Phone
8602441950
Address
350 Church Street, Hartford, CT 06103

Signing Officer

Name
Paul Pescatello
Title
President
Signed
2019-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Ruane & Company LLP
Address
12 Alfred Street Suite 206, Woburn, MA 01801
Preparer
Thomas M Ruane CPA
Phone
7816430090
Supplemental Narrative

Additional Explanations

Other Expenses.1003

“Information Technology $2460”

Other Expenses.1012

“Insurance $1238”

Other Expenses.1

“Bank/Merchant Charges $558”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $309 Prepaid Expenses and Deferred Charges - Ending $309”

Total Liabilities.1003

“Deferred Revenue - Beginning $11750 Deferred Revenue - Ending $10625”

Total Liabilities.1

“Prepaid Dues - Beginning $15000 Prepaid Dues - Ending $20000”

Raw XML Appendix144 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0New England Biotech co CBIA
IRS990EZ/BooksInCareOfDetail/PhoneNum08602441950
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0350 Church Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Hartford
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006103
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018378
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt023628
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01375
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt049000
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt018687
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023937
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt054631
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt06
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt054625
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-8063
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-6688
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-8063
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-6688
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt24.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt101.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Paul Pescatello
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kathie Shields
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2David Goggin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Maria Cahill
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Bill Church
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Steve Evangelista
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Gary Goodrich
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Paul Graml
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Ken Hiscoe
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Paula Newton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Beth Anne Zielinski
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treas.&Sec'y
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Vice Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0309
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0309
IRS990EZ/OtherExpensesTotalAmt04256
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0New England Biotechnology Association is a member driven organization comprised of state biotech associations, biotechnology and biopharmaceutical companies, academic institutions, and other organizations with a collective mission to support and grow the biotechnology industry in New England.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0New England Biotechnology Association educates policy makers and the public about the biotech industry; promotes public policies that foster innovation; encourages economic development in the biotech sector; and advocates continued patient access to life-saving and life-improving breakthrough biotechnology medicines.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt026750
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt030625
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt053256
IRS990EZ/TotalRevenueAmt054631
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.newenglandbiotech.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Information Technology $2460
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $1238
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank/Merchant Charges $558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Prepaid Expenses and Deferred Charges - Beginning $309 Prepaid Expenses and Deferred Charges - Ending $309
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Deferred Revenue - Beginning $11750 Deferred Revenue - Ending $10625
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Prepaid Dues - Beginning $15000 Prepaid Dues - Ending $20000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Assets.1011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Total Liabilities.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Total Liabilities.1
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Paul Pescatello
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0New England Biotechnology Association
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Inc
ReturnHeader/Filer/BusinessNameControlTxt0NEWE
ReturnHeader/Filer/EIN0263498656
ReturnHeader/Filer/PhoneNum08602441950
ReturnHeader/Filer/USAddress/AddressLine1Txt0350 Church Street
ReturnHeader/Filer/USAddress/CityNm0Hartford
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006103
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0320344584
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ruane & Company LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012 Alfred Street Suite 206
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Woburn
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001801
ReturnHeader/PreparerPersonGrp/PhoneNum07816430090
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Thomas M Ruane CPA
ReturnHeader/ReturnTs02019-11-13T12:23:06-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.