Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.54x
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
50th percentile
Higher top officer pay than 50% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
4th percentile
Faster revenue growth than 4% of similar nonprofits.
Balance Sheet
Assets
Down$533,293
Down $96,477 (-15%) from 2017
Net Assets
Down$245,102
Down $127,719 (-34%) from 2017
Liabilities
Up$288,191
Up $31,242 (+12%) from 2017
Revenue And Expenses
Revenue
Down$514,304
Down $624,158 (-55%) from 2017
Expenses
Down$642,023
Down $524,187 (-45%) from 2017
Net Income
Down-$127,719
Down $99,971 (-360%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Nov 15, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $616,928
Mission and Program Overview
Mission
To orchestrate business leadership in delivery of world-class educational programs and job-creating new technology ventures.
To create a globally recognized biotechnology center in chicago and the surrounding midwest region.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $188,511 | $122,710 | ▼ $65,801 |
| Accounts Receivable | $12,150 | $11,700 | ▼ $450 |
| Savings and Temporary Cash Investments | $9,927 | - | - |
| Land, Buildings, and Equipment, Net | $6,036 | $3,512 | ▼ $2,524 |
| Prepaid Expenses and Deferred Charges | $10,100 | $3,161 | ▼ $6,939 |
| Total Assets | $629,770 | $533,293 | ▼ $96,477 |
| Other Assets Total | $403,046 | $392,210 | ▼ $10,836 |
| Liabilities | |||
| Other Liabilities | $0 | $143,219 | ▲ $143,219 |
| Grants Payable | $88,887 | - | - |
| Deferred Revenue | $22,000 | $87,500 | ▲ $65,500 |
| Accounts Payable and Accrued Expenses | $146,062 | $57,472 | ▼ $88,590 |
| Total Liabilities | $256,949 | $288,191 | ▲ $31,242 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $419,686 | $228,618 | ▼ $191,068 |
| Unrestricted Net Assets | $-46,865 | $16,484 | ▲ $63,349 |
| Total Net Assets Fund Balance | $372,821 | $245,102 | ▼ $127,719 |
| Total Liabilities and Net Assets / Fund Balance | $629,770 | $533,293 | ▼ $96,477 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $3,512 | $12,614 | $16,126 |
| Other Assets Org | $14,877 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Walt Johnston | Chairman |
| Tim Walbert | Immediate Past Chair |
| John Conrad | President & CEO |
| Paul Bloom Phd | Vice Chair |
| Ashish Khanna | Director |
| Azmi Nabulsi | Director |
| Blaire Komasinski | Director |
| Brian Mccarthy | Director |
| Charlie Tobler | Director |
| Dan Lyne | Director |
| David Flowers | Director |
| Drue Druncan | Director |
| James White | Director |
| John Bathery | Director |
| John Larson | Director |
| Kevin Lynch | Director |
| Marilyn Vetter | Director |
| Mayebeth Hadfield | Director |
| Michael Flavin | Director |
| Patrick Gattari | Director |
| Rae Payne | Director |
| Salim Mujais | Director |
| Steven Ducommun | Corporate Secretary |
| Gretchen Johnson | Member at Large |
| Norbert Riedel | Member at Large |
| Ann Vogel | Senior VP, Educate |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $350,412
- Program Service Revenue
- $13,337
- Investment Income
- $0
- Other Revenue
- $150,555
- All Other Contributions
- $312,912
- Change in Net Assets
- $-127,719
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $501,719 |
| Total Fundraising Expense | $128,575 |
| Salaries, Compensation, and Employee Benefits | $127,604 |
| Grants and Similar Amounts Paid | $12,700 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $74,179 | $47,000 | $94,800 | $215,979 |
| Occupancy | $117,135 | - | $18,073 | $135,208 |
| Other Salaries and Wages | $98,626 | $2,271 | $12,660 | $113,557 |
| Conferences and Meetings | $45,872 | - | $33 | $45,905 |
| Fees for Services Accounting | - | $27,349 | - | $27,349 |
| Other Expenses | $17,516 | $14,471 | - | $14,471 |
| Grants to Domestic Orgs | $12,700 | - | - | $12,700 |
| Travel | $12,519 | $20 | $101 | $12,640 |
| Office Expenses | $3,203 | $8,528 | $210 | $11,941 |
| Payroll Taxes | $8,124 | $183 | $1,074 | $9,381 |
| Information Technology | $278 | $7,531 | $1,157 | $8,966 |
| Insurance | - | $6,974 | - | $6,974 |
| Pension Plan Contributions | $2,959 | $68 | $380 | $3,407 |
| Depreciation Depletion | - | $2,524 | - | $2,524 |
| Advertising | $2,246 | - | - | $2,246 |
| Other Employee Benefits | $1,156 | $16 | $87 | $1,259 |
| Total Functional Expenses | $396,513 | $116,935 | $128,575 | $642,023 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Bbcetc | Chelsea, MI | N/a | Funding to Support Chicago Innovation Mentors Entrepreneurship Program. | - |
| Edge Surgical | Chicago, IL | N/a | Propel Award Program | - |
| Third Coast Therapeutics | Evanston, IL | N/a | Propel Award Program | - |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $208,800 |
| Fundraising Direct Expenses | $102,624 |
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Icon Awards | $246,300 | $208,800 | $41,589 | $167,211 |
| Total Events | $246,300 | $208,800 | $102,624 | $106,176 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Due to Ibio | $143,219 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- 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
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- No
- Management duties delegated
- Yes
Governance Explanations
Form 990, Part VI, Section A, Line 3
“The organization contracts with an unrelated human resources outsourcing company to provide staffing solutions for the organization's operations. The officers and employees are issued form w-2's by the human resources company. The organization reimburses the human resources company for the salaries, wages, benefits, and payroll taxes of the officers and employees. The staffing reimbursement is allocated accordingly to lines 7,8,9,and 10 of part ix of form 990. The fees paid to the human resources on line 11g of part ix of form 990. In addition, the total payments made to the human resources company, including reimbursements for salaries, wages, benefits, and payroll taxes of the officers and employees, are reported in section b of part vii of form 990.”
Form 990, Part VI, Section A, Line 8B
“There are no committees with authority to act on behalf of the board of directors.”
Form 990, Part VI, Section B, Line 11B
“The 990 is presented to the president & ceo of the organization who has board given authority to act on all financial operations of the organization. A copy of the form 990 is also provided to all members of the governing body.”
Form 990, Part VI, Section B, Line 12C
“The principal officer and directors must annually certify a conflict of interest policy acknowledgement. The institute has specific procedural safeguards for resolving potential conflicts of interest and addressing any violations of its conflict of interest policy. In addition, the institute conducts periodic reviews of compensation arrangements for reasonableness and compliance with charitable, tax-exempt restrictions.”
Form 990, Part VI, Section B, Line 15
“The president & ceo of the institute is also the president & ceo of ibio. During the fiscal year, the president & ceo was compensated entirely by ibio. As such, ibio's executive committee is responsible for determining the compensation of its president & ceo.”
Form 990, Part VI, Section C, Line 19
“Financials and governing documents are available at the organization's office. The documents will be made available upon timely notification of inspection.”
Filing and Contact Details
Filer
- Filer Name
- Ibio Institute
- EIN
- 32-0092551
- Phone
- 3124221111
- Address
- 500 W MADISON ST NO 100, CHICAGO, IL 60661
Signing Officer
- Name
- John Conrad
- Title
- President and CEO
- Phone
- 3124221111
- Signed
- 2019-11-15
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- John Conrad
- Formed
- 2003
- Legal Domicile
- Il
- Voting Board Members
- 25
- Independent Board Members
- 25
- Employees
- 0
- Volunteers
- 0
Preparer
- Firm
- Legacy Professionals Llp
- Address
- 4 WESTBROOK CORPORATE CTR 700, WESTCHESTER, IL 60154
- Preparer
- Rose Doherty
- Phone
- 3123680500
Supplemental Narrative
Additional Explanations
Form 990, Part IX, Line 11G
“Consultants: program service expenses 74,179. Management and general expenses 47,000. Fundraising expenses 94,800. Total expenses 215,979.”
Financial Statement Notes
PART X, LINE 2:
“The institute is an organization described in section 501(c)(3) of the internal revenue code and thus is generally not subject to tax. In addition, the internal revenue service has determined that the institute is not a private foundation within the meaning of section 509(a) of the internal revenue code. The institute qualifies under section 170(b)(1)(a) to receive deductible charitable contributions. Although the institute is subject to tax on any unrelated business income, no provision for income taxes was considered necessary for the years ended december 31, 2018 and 2017. The institute files form 990, return of organization exempt from income tax, with the internal revenue service. Accounting principles generally accepted in the united states of america require the insitute to evaluate tax positions taken by the institute and recognize a tax liability if the insitute has taken an uncertain position that more likely than not would not be sustained upon examination by tax authorities. The institute is subject to routine audits by taxing jursidicitions, however, there are currently no audits for any tax periods in progress.”
Raw XML AppendixShowing 400 of 648 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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| IRS990/Desc | 0 | PROPEL CENTER - ATTEMPTS TO INCREASE THE NUMBER AND SUCCESS RATES OF FORMATION-STAGE AND EARLY-STAGE LIFE SCIENCE COMPANIES BY PROVIDING ENTREPRENEURS WITH ACCESS TO SPECIALIZED RESOURCES AND EXPERTISE TO PREPARE FOR EARLY-STAGE FUNDING AND CREATES AND SUPPORTS A VIBRANT ENTREPRENUERIAL COMMUNITY. |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 25 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JOHN BATHERY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | KEVIN LYNCH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | STEVEN DUCOMMUN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DRUE DRUNCAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | AZMI NABULSI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MICHAEL FLAVIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MARILYN VETTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DAVID FLOWERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | PATRICK GATTARI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | MAYEBETH HADFIELD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | GRETCHEN JOHNSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | ASHISH KHANNA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | BLAIRE KOMASINSKI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | JOHN LARSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | DAN LYNE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | BRIAN MCCARTHY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | SALIM MUJAIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | RAE PAYNE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | CHARLIE TOBLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | JAMES WHITE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | PAUL BLOOM PHD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | JOHN CONRAD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | WALT JOHNSTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | NORBERT RIEDEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 24 | TIM WALBERT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 25 | ANN VOGEL |
| 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 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 25 | 0 |
| 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/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 25 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CORPORATE SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | MEMBER AT LARGE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | PRESIDENT & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | MEMBER AT LARGE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 24 | IMMEDIATE PAST CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 25 | SENIOR VP, EDUCATE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2003 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 1 |
| IRS990/FundraisingAmt | 0 | 37500 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 102624 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 208800 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 25 |
| IRS990/GrantAmt | 0 | 12700 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 88887 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 12700 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 12700 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 616928 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 25 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 1157 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 7531 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 278 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 8966 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 6974 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 6974 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 14 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 12614 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 6036 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3512 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 16126 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO ORCHESTRATE BUSINESS LEADERSHIP IN DELIVERY OF WORLD-CLASS EDUCATIONAL PROGRAMS AND JOB-CREATING NEW TECHNOLOGY VENTURES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 372821 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 245102 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 106176 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 106176 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 18073 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 117135 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 135208 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 210 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 8528 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 3203 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 11941 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 403046 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 392210 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 87 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 16 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 1156 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 1259 |
| IRS990/OtherExpensesGrp/Desc | 0 | STEM CAMP STIPENDS |
| IRS990/OtherExpensesGrp/Desc | 1 | BAD DEBT |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 14471 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 17516 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 17516 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 14471 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 143219 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 44379 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 44379 |
| IRS990/OtherRevenueTotalAmt | 0 | 44379 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 12660 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 2271 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 98626 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 113557 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 1074 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 183 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 8124 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 9381 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 380 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 68 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 2959 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 3407 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 10100 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 3161 |
| IRS990/PrincipalOfficerNm | 0 | JOHN CONRAD |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | EDUCATE - DELIVERS INDUSTRY-LED SCIENCE AND MATH PROGRAMS TO TEACHERS AND STUDENTS, THEREBY CONNECTING CLASSROOMS TO REAL WORLD BIOTECHNOLOGY AND SCIENCE-BASED INDUSTRY AND INSPIRING THE NEXT GENERATION OF INNOVATORS AND HELPING RESTORE AMERICA'S LEADERSHIP IN TECHNOLOGY EDUCATION. |
Document Assets
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Filings
Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $533,293
- Liabilities
- $288,191
- Net assets
- $245,102
- Revenue
- $514,304
- Expenses
- $642,023
- Net income
- -$127,719