Civic Intelligence

Michigan Biosciences Industry Assoc

990 • Fiscal year 2011 • EIN 38-3142021

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 13, 2012

Organization ProfileWWW.MICHBIO.ORG
3520 Green CourtRoom/Suite 45048105-1579
Siviq Scores

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

Liabilities / Assets

97th percentile

1.34x

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

2011 filings • 501(c)6 • <$500k nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

26th percentile

-11%

Faster asset growth than 26% of similar nonprofits.

2011 filings • 501(c)6 • <$500k nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$75,238

Down $9,617 (-11%) from 2010

Net Assets

Down

-$25,696

Down $22,967 (-842%) from 2010

Liabilities

Up

$100,934

Up $13,350 (+15%) from 2010

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$519,030

Down $46,439 (-8.2%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$600K$400K$200K$0-$200KAssets 2010: $84,855Liabilities 2010: $87,584Net Assets 2010: -$2,7292010Assets 2011: $75,238Liabilities 2011: $100,934Net Assets 2011: -$25,6962011Assets 2012: $121,465Liabilities 2012: $90,221Net Assets 2012: $31,2442012Assets 2013: $121,599Liabilities 2013: $102,801Net Assets 2013: $18,7982013Assets 2014: $152,690Liabilities 2014: $152,715Net Assets 2014: -$252014Assets 2015: $120,219Liabilities 2015: $94,922Net Assets 2015: $25,2972015Assets 2016: $201,620Liabilities 2016: $84,471Net Assets 2016: $117,1492016Assets 2017: $260,121Liabilities 2017: $63,278Net Assets 2017: $196,8432017Assets 2018: $306,232Liabilities 2018: $93,038Net Assets 2018: $213,1942018Assets 2019: $290,567Liabilities 2019: $36,206Net Assets 2019: $254,3612019Assets 2020: $391,819Liabilities 2020: $5,917Net Assets 2020: $385,9022020Assets 2021: $489,894Liabilities 2021: $33,120Net Assets 2021: $456,7742021Assets 2022: $519,497Liabilities 2022: $37,768Net Assets 2022: $481,7292022Assets 2023: $445,723Liabilities 2023: $14,376Net Assets 2023: $431,3472023Assets 2024: $403,951Liabilities 2024: $26,882Net Assets 2024: $377,0692024

Highlighted filing

2011

Assets$75,238
Liabilities$100,934
Net Assets-$25,696
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KExpenses 2010: $565,4692010Expenses 2011: $519,0302011Expenses 2012: $546,2462012Revenue 2013: $603,761Expenses 2013: $616,207Net Income 2013: -$12,4462013Revenue 2014: $471,363Expenses 2014: $500,655Net Income 2014: -$29,2922014Revenue 2015: $465,582Expenses 2015: $403,921Net Income 2015: $61,6612015Revenue 2016: $475,637Expenses 2016: $414,789Net Income 2016: $60,8482016Revenue 2017: $589,117Expenses 2017: $509,648Net Income 2017: $79,4692017Revenue 2018: $576,280Expenses 2018: $559,929Net Income 2018: $16,3512018Revenue 2019: $597,651Expenses 2019: $606,484Net Income 2019: -$8,8332019Revenue 2020: $618,460Expenses 2020: $486,919Net Income 2020: $131,5412020Revenue 2021: $631,783Expenses 2021: $560,915Net Income 2021: $70,8682021Revenue 2022: $710,410Expenses 2022: $685,457Net Income 2022: $24,9532022Revenue 2023: $770,986Expenses 2023: $821,369Net Income 2023: -$50,3832023Revenue 2024: $703,979Expenses 2024: $798,858Net Income 2024: -$94,8792024

Highlighted filing

2011

Revenue-
Expenses$519,030
Net Income-
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 13, 2012
Return Version
2011v1.2
Gross Receipts
$496,063
Mission and Program Overview

Mission

To drive life sciences industry growth in michigan by providing its members with networking & educational opportunities, recruitement, and information services.

Major Activities

Activity 2
Membership support and recognition for the approximately 240 members of the organization.
Filing and Contact Details

Filer

EIN
38-3142021
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IRS990ScheduleO/GeneralExplanation/Explanation0THE FORM 990 IS REVIEWED FIRST BY THE FINANCE COMMITTEE. ONCE THE FINANCE COMMITTEE HAS APPROVED THE RETURN, IT IS THEN FORWARDED TO THE BOARD OF DIRECTORS FOR APPROVAL AND SIGNATURE.
IRS990ScheduleO/GeneralExplanation/Explanation1FOR EACH INTEREST DISCLOSED TO THE CHAIRMAN OF THE BOARD OF DIRECTORS, THE CHAIRMAN WILL DETERMINE WHETHER TO (A) TAKE NO ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS COVERED BY THE POLICY; (C) ASK THE PERSON TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE ORGANIZATION; OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION IN THE ORGANIZATION OR, IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE ORGANIZATION'S REMOVAL PROCEDURES.
IRS990ScheduleO/GeneralExplanation/Explanation2FIRST A MARKET RESEARCH IS CONDUCTED FOR COMPARABLE SALARIES. THE RESULTS OF THE MARKET RESEARCH ARE REVIEWED BY THE COMPENSATION COMMITTEE WHICH THEN MAKES A RECOMMENDATION FOR COMPENSATION TO THE BOARD FOR APPROVAL.
IRS990ScheduleO/GeneralExplanation/Explanation3FIRST A MARKET RESEARCH IS CONDUCTED FOR COMPARABLE SALARIES. THE RESULTS OF THE MARKET RESEARCH ARE REVIEWED BY THE COMPENSATION COMMITTEE WHICH THEN MAKES A RECOMMENDATION FOR COMPENSATION TO THE BOARD FOR APPROVAL.
IRS990ScheduleO/GeneralExplanation/Explanation4THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH THE ORGANIZATION'S WEBSITE.
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IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode0481130199
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10MICHIGAN BIOSCIENCES INDUSTRY ASSOC
IRS990/TheBooksAreInCareOf/TelephoneNumber07345279145
IRS990/TotalAssets/BOY084855
IRS990/TotalAssetsBOY084855
IRS990/TotalAssets/EOY075238
IRS990/TotalAssetsEOY075238
IRS990/TotalCompGT150K0false
IRS990/TotalExpensesCurrentYear0519030
IRS990/TotalExpensesPriorYear0565469
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral00
IRS990/TotalFunctionalExpenses/ProgramServices00
IRS990/TotalFunctionalExpenses/Total0519030
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI052046
IRS990/TotalLiabilities/BOY087584
IRS990/TotalLiabilitiesBOY087584
IRS990/TotalLiabilities/EOY0100934
IRS990/TotalLiabilitiesEOY0100934
IRS990/TotalLiabNetAssetsFundBalances/BOY084855
IRS990/TotalLiabNetAssetsFundBalances/EOY075238
IRS990/TotalNbrEmployees04
IRS990/TotalNetAssetsFundBalances/BOY0-2729
IRS990/TotalNetAssetsFundBalances/EOY0-25696
IRS990/TotalOtherRevenue04775
IRS990/TotalOthProgramServiceRevenue/RelatedOrExemptFunctionIncome0-6680
IRS990/TotalOthProgramServiceRevenue/TotalRevenueColumn0-6680
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceRevenue0491288
IRS990/TotalReportableCompFromOrg0125000
IRS990/TotalRevenueCurrentYear0496063
IRS990/TotalRevenue/ExclusionAmount04775
IRS990/TotalRevenuePriorYear0500026
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome0439242
IRS990/TotalRevenue/TotalRevenueColumn0496063
IRS990/TotalRevenue/UnrelatedBusinessRevenue052046
IRS990/TransactionRelatedEntity0false
IRS990/Travel/Total024885
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0true

Document Assets

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Filings

Displayed year

2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$75,238
Liabilities
$100,934
Net assets
-$25,696
Revenue
-
Expenses
$519,030
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.04$0.27$3.77$7.04$7.99$0.95
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.46$0.14$4.31$7.71$8.21$0.50
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.19$0.38$4.82$7.10$6.85$0.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.90$0.33$4.57$6.32$5.61$0.71
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.92$0.06$3.86$6.18$4.87$1.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$0.36$2.54$5.98$6.06$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.06$0.93$2.13$5.76$5.60$0.16
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$0.63$1.97$5.89$5.10$0.79
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$0.84$1.17$4.76$4.15$0.61
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.95$0.25$4.66$4.04$0.62
2014Detailed filing. Detailed filing data is available for this year.$1.53$1.53$0.00$4.71$5.01$0.29
2013Detailed filing. Detailed filing data is available for this year.$1.22$1.03$0.19$6.04$6.16$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.90$0.31$5.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$1.01$0.26$5.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.88$0.03$5.65