Civic Intelligence

New England Biotechnology Association Inc

990EZ • Fiscal year 2016 • EIN 26-3498656

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

Organization Profilewww.newenglandbiotech.org
350 Church StreetHartford, CT 06103

(860) 244-1950

Siviq Scores

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

Liabilities / Assets

97th percentile

1.04x

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

0.60x

Higher debt load relative to revenue than 96% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

13th percentile

-20%

Higher net margin than 13% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

14th percentile

-24%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

16th percentile

-21%

Faster revenue growth than 16% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$25,798

Down $7,968 (-24%) from 2015

Net Assets

Down

-$952

Down $8,718 (-112%) from 2015

Liabilities

Up

$26,750

Up $750 (+2.9%) from 2015

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin13th percentile

Revenue

Down

$44,252

Down $11,703 (-21%) from 2015

Expenses

Down

$52,970

Down $4,253 (-7.4%) from 2015

Net Income

Down

-$8,718

Down $7,450 (-588%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$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

2016

Assets$25,798
Liabilities$26,750
Net Assets-$952
Open 2016 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$44,252
Expenses$52,970
Net Income-$8,718
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$44,252
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 Pay69th 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
2017-11-13
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 $2160”

Other Expenses.1012

“Insurance $1322”

Other Expenses.1

“Bank/Merchant Charges $488”

Other Assets.1005

“Accounts Receivable - Beginning $3500 Accounts Receivable - Ending $0”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $394 Prepaid Expenses and Deferred Charges - Ending $309”

Total Liabilities.1003

“Deferred Revenue - Beginning $18500 Deferred Revenue - Ending $14250”

Total Liabilities.1

“Prepaid Dues - Beginning $7500 Prepaid Dues - Ending $12500”

Raw XML Appendix145 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Paul Pescatello
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kathie Shields
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2David Goggin
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Bill Church
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Steve Evangelista
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Gary Goodrich
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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/BOYAmt03894
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0309
IRS990EZ/OtherExpensesTotalAmt03970
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt052970
IRS990EZ/TotalRevenueAmt044252
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.newenglandbiotech.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Information Technology $2160
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $1322
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank/Merchant Charges $488
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounts Receivable - Beginning $3500 Accounts Receivable - Ending $0
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Total Liabilities.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1
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ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Paul Pescatello
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ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-13
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ReturnHeader/Filer/EIN0263498656
ReturnHeader/Filer/PhoneNum08602441950
ReturnHeader/Filer/USAddress/AddressLine1Txt0350 Church Street
ReturnHeader/Filer/USAddress/CityNm0Hartford
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ReturnHeader/PreparerPersonGrp/PhoneNum07816430090
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Thomas M Ruane CPA
ReturnHeader/ReturnTs02017-11-13T05:51:50-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,798
Liabilities
$26,750
Net assets
-$952
Revenue
$44,252
Expenses
$52,970
Net income
-$8,718
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