Civic Intelligence

Biomedical Engineering Society

990 • Fiscal year 2013 • EIN 36-6212451

Jan 01, 2013 to Dec 31, 2013 • Filed on Sep 25, 2014

Organization ProfileWWW.BMES.ORG

View Organization Page

8201 CORPORATE DRIVE Room 112520785-2224

(301) 459-1999

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

55th percentile

4.4%

Higher net margin than 55% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

92nd percentile

$231,517

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

44th percentile

0.4%

Faster asset growth than 44% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$2,378,536

Up $9,960 (+0.4%) from 2012

Net Assets

Up

$2,372,136

Up $59,665 (+2.6%) from 2012

Liabilities

Down

$6,400

Down $49,705 (-89%) from 2012

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin55th percentile

Revenue

$2,528,633

No earlier filing loaded for comparison.

Expenses

Up

$2,417,366

Up $282,878 (+13%) from 2012

Net Income

$111,267

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,033,180Liabilities 2011: $61,196Net Assets 2011: $1,971,9842011Assets 2012: $2,368,576Liabilities 2012: $56,105Net Assets 2012: $2,312,4712012Assets 2013: $2,378,536Liabilities 2013: $6,400Net Assets 2013: $2,372,1362013Assets 2014: $2,703,257Liabilities 2014: $267,938Net Assets 2014: $2,435,3192014Assets 2015: $2,659,124Liabilities 2015: $322,991Net Assets 2015: $2,336,1332015Assets 2017: $3,715,624Liabilities 2017: $614,152Net Assets 2017: $3,101,4722017Assets 2018: $4,445,016Liabilities 2018: $780,668Net Assets 2018: $3,664,3482018Assets 2019: $4,914,321Liabilities 2019: $1,180,524Net Assets 2019: $3,733,7972019Assets 2020: $4,433,761Liabilities 2020: $880,870Net Assets 2020: $3,552,8912020Assets 2021: $5,416,351Liabilities 2021: $1,165,620Net Assets 2021: $4,250,7312021Assets 2022: $4,408,175Liabilities 2022: $795,652Net Assets 2022: $3,612,5232022Assets 2023: $5,874,853Liabilities 2023: $1,526,954Net Assets 2023: $4,347,8992023Assets 2024: $7,497,337Liabilities 2024: $1,316,044Net Assets 2024: $6,181,2932024

Highlighted filing

2013

Assets$2,378,536
Liabilities$6,400
Net Assets$2,372,136
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,972,1732011Expenses 2012: $2,134,4882012Revenue 2013: $2,528,633Expenses 2013: $2,417,366Net Income 2013: $111,2672013Revenue 2014: $2,876,521Expenses 2014: $2,554,128Net Income 2014: $322,3932014Revenue 2015: $2,932,927Expenses 2015: $2,888,335Net Income 2015: $44,5922015Revenue 2017: $2,820,276Expenses 2017: $2,702,702Net Income 2017: $117,5742017Revenue 2018: $2,935,887Expenses 2018: $2,939,506Net Income 2018: -$3,6192018Revenue 2019: $3,918,320Expenses 2019: $3,878,694Net Income 2019: $39,6262019Revenue 2020: $3,739,890Expenses 2020: $3,795,675Net Income 2020: -$55,7852020Revenue 2021: $1,962,759Expenses 2021: $1,953,261Net Income 2021: $9,4982021Revenue 2022: $3,042,017Expenses 2022: $2,831,693Net Income 2022: $210,3242022Revenue 2023: $3,582,789Expenses 2023: $2,888,023Net Income 2023: $694,7662023Revenue 2024: $4,645,683Expenses 2024: $3,127,127Net Income 2024: $1,518,5562024

Highlighted filing

2013

Revenue$2,528,633
Expenses$2,417,366
Net Income$111,267
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Sep 25, 2014
Return Version
2013v3.1
Gross Receipts
$3,254,754
Mission and Program Overview

Mission

To build and support the biomedical engineering community locally, nationally and internationally with activities designed to communicate recent advances, discoveries and inventions promote education and professional development and integrate the perspectives of the academic, medical, governmental and business sectors.

To encourage development, integration and utilization of knowledge in the biomedical engineering field.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,312,471$2,372,136▲ $59,665
Investments in Publicly Traded Securities$2,096,726$2,226,040▲ $129,314
Prepaid Expenses and Deferred Charges$73,147$71,233▼ $1,914
Cash and Non-Interest-Bearing Accounts$168,927$55,513▼ $113,414
Land, Buildings, and Equipment, Net$23,959$19,933▼ $4,026
Total Assets$2,368,576$2,378,536▲ $9,960
Other Assets Total$5,817$5,817→ $0
Liabilities
Accounts Payable and Accrued Expenses$56,105$6,400▼ $49,705
Total Liabilities$56,105$6,400▼ $49,705
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,312,471$2,372,136▲ $59,665
Total Liabilities and Net Assets / Fund Balance$2,368,576$2,378,536▲ $9,960

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$19,933$78,238$98,171
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Edward L Schilling IIIExecutive DirectorFT$231,517$231,517

Board Members and Trustees

NameTitle
Raphael Lee MD ScDFinance Comm. Chair
Frank CP Yin MD PhDPublications Board Chair
Richard T Hart PhDIncoming President
Gilda A Barabino PhDPresident
Cato Laurencin MD PhDBoard Member
Christine Schmidt PhDBoard Member
Deborah Leckband PhDBoard Member
Ed Botchwey PhDBoard Member
Jane Grande-Allen PhDBoard Member
Joyce Wong PhDBoard Member
Kristen Billiar PhDBoard Member
Kristina Ropella PhDBoard Member
Martine LaBerge PhDBoard Member
Ravi Bellamkonda PhDBoard Member
Scott L Diamond PhDBoard Member
William Monty Reichert PhDBoard Member
David A Vorp PhDSecretary
Jennifer West PhDTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$733,082
Program Service Revenue
$1,394,531
Investment Income
$95,752
Other Revenue
$305,268
All Other Contributions
$287,751
Change in Net Assets
$111,267
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,579,114
Salaries, Compensation, and Employee Benefits$838,252
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$854,665$952-$855,617
Other Salaries and Wages-$426,040-$426,040
Current Officers, Directors, Trustees, and Key Employees-$231,517-$231,517
All Other Expenses$198,750--$198,750
Occupancy-$83,400-$83,400
Other Employee Benefits-$74,864-$74,864
Other Expenses$68,533--$68,533
Pension Plan Contributions-$58,070-$58,070
Payroll Taxes-$47,761-$47,761
Office Expenses-$43,713-$43,713
Travel$13,654--$13,654
Fees for Service Investment Mgmnt Fees-$8,520-$8,520
Fees for Services Accounting-$7,721-$7,721
Insurance-$6,389-$6,389
Depreciation Depletion-$5,323-$5,323
Advertising$4,500--$4,500
Fees for Services Other-$1,925-$1,925
Fees for Services Legal-$1,625-$1,625
Total Functional Expenses$1,419,546$997,820$0$2,417,366
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11A

“The form 990 is reviewed by the Executive Director and the Treasurer.”

Form 990, Part VI, Section B, Line 15A

“The Executive Committee determines the compensation of the Executive Director.”

Form 990, Part VI, Section C, Line 19

“The organizations bylaws are available on its website. The organizations conflict of interest policy is available upon request.”

Filing and Contact Details

Filer

EIN
36-6212451
Phone
3014591999

Signing Officer

Name
Edward Schilling
Title
Executive Director
Signed
2014-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gilda A Barabino PhD
Formed
1968
Legal Domicile
Md
Voting Board Members
18
Independent Board Members
18
Employees
10
Volunteers
496

Preparer

Preparer
Thomas Desiderio
Phone
4105739580
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

“Program Service Expenses 265,494, Grants and allocations 0, Revenue 0 Other”

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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/Form990PartVIISectionAGrp/PersonNm5Raphael Lee MD ScD
IRS990/Form990PartVIISectionAGrp/PersonNm6Edward L Schilling III
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IRS990/MissionDesc0To build and support the biomedical engineering community locally, nationally and internationally with activities designed to communicate recent advances, discoveries and inventions promote education and professional development and integrate the perspectives of the academic, medical, governmental and business sectors.
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Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,378,536
Liabilities
$6,400
Net assets
$2,372,136
Revenue
$2,528,633
Expenses
$2,417,366
Net income
$111,267
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.50$1.32$6.18$4.65$3.13$1.52
2023Detailed filing. Detailed filing data is available for this year.$5.87$1.53$4.35$3.58$2.89$0.69
2022Detailed filing. Detailed filing data is available for this year.$4.41$0.80$3.61$3.04$2.83$0.21
2021Detailed filing. Detailed filing data is available for this year.$5.42$1.17$4.25$1.96$1.95$0.01
2020Detailed filing. Detailed filing data is available for this year.$4.43$0.88$3.55$3.74$3.80$0.06
2019Detailed filing. Detailed filing data is available for this year.$4.91$1.18$3.73$3.92$3.88$0.04
2018Detailed filing. Detailed filing data is available for this year.$4.45$0.78$3.66$2.94$2.94$0.00
2017Detailed filing. Detailed filing data is available for this year.$3.72$0.61$3.10$2.82$2.70$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.66$0.32$2.34$2.93$2.89$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.70$0.27$2.44$2.88$2.55$0.32
2013Detailed filing. Detailed filing data is available for this year.$2.38$0.01$2.37$2.53$2.42$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$0.06$2.31$2.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.06$1.97$1.97