Civic Intelligence

Austen Bioinnovation Institute in Akron

EIN 38-3793003 • 501(c)3 • Akron, OH

47 North Main StreetAkron, OH 44308
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2020

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $8,113,077 (-100%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Down

$0

Down $8,113,077 (-100%) from 2019

Operations
Liabilities / RevenueScore unavailableNet Margin99th percentile

Revenue

Down

-$8,075,738

Down $14,992,415 (-217%) from 2019

Expenses

Down

$28,074

Down $1,392,485 (-98%) from 2019

Net Income

Down

-$8,103,812

Down $13,599,930 (-247%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$30M$20M$10M$0Assets 2010: $21,866,321Liabilities 2010: $3,997,820Net Assets 2010: $17,868,5012010Assets 2011: $29,078,517Liabilities 2011: $12,234,080Net Assets 2011: $16,844,4372011Assets 2012: $24,236,341Liabilities 2012: $12,609,729Net Assets 2012: $11,626,6122012Assets 2013: $19,263,786Liabilities 2013: $11,534,606Net Assets 2013: $7,729,1802013Assets 2014: $16,644,555Liabilities 2014: $9,144,569Net Assets 2014: $7,499,9862014Assets 2015: $14,137,299Liabilities 2015: $8,078,672Net Assets 2015: $6,058,6272015Assets 2016: $12,443,276Liabilities 2016: $7,827,125Net Assets 2016: $4,616,1512016Assets 2017: $10,827,992Liabilities 2017: $7,450,317Net Assets 2017: $3,377,6752017Assets 2018: $9,617,993Liabilities 2018: $7,001,034Net Assets 2018: $2,616,9592018Assets 2019: $8,113,077Liabilities 2019: $0Net Assets 2019: $8,113,0772019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15M$10M$5.0M$0-$5.0M-$10MExpenses 2010: $10,721,7442010Expenses 2011: $6,136,3392011Expenses 2012: $10,503,5802012Revenue 2013: $5,005,594Expenses 2013: $10,338,675Net Income 2013: -$5,333,0812013Revenue 2014: $6,245,708Expenses 2014: $7,443,009Net Income 2014: -$1,197,3012014Revenue 2015: $2,109,263Expenses 2015: $3,500,624Net Income 2015: -$1,391,3612015Revenue 2016: $1,896,399Expenses 2016: $3,441,498Net Income 2016: -$1,545,0992016Revenue 2017: $1,120,828Expenses 2017: $3,368,870Net Income 2017: -$2,248,0422017Revenue 2018: $2,253,389Expenses 2018: $2,994,600Net Income 2018: -$741,2112018Revenue 2019: $6,916,677Expenses 2019: $1,420,559Net Income 2019: $5,496,1182019Revenue 2020: -$8,075,738Expenses 2020: $28,074Net Income 2020: -$8,103,8122020

Highlighted filing

2020

Revenue-$8,075,738
Expenses$28,074
Net Income-$8,103,812
Open 2020 Filing

Filings

Most recent year

2020 • Form 990Import issue. A filing source exists for this year, but detailed import did not complete cleanly.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
-$8,075,738
Expenses
$28,074
Net income
-$8,103,812
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.00$0.00$0.00$8.08$0.03$8.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.11$0.00$8.11$6.92$1.42$5.50
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.62$7.00$2.62$2.25$2.99$0.74
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$7.45$3.38$1.12$3.37$2.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$7.83$4.62$1.90$3.44$1.55
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.1$8.08$6.06$2.11$3.50$1.39
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.6$9.14$7.50$6.25$7.44$1.20
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$19.3$11.5$7.73$5.01$10.3$5.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$12.6$11.6$10.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.1$12.2$16.8$6.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.9$4.00$17.9$10.7
Latest Detailed Filing

The latest 2020 filing currently has an XML import problem. Showing the latest detailed filing from 2012 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 15, 2013
Return Version
2012v2.1
Gross Receipts
$3,535,769
Mission and Program Overview

Mission

The austen bioinnovation institute in akron (abia) is an exceptional collaboration of akron children's hospital, akron general health system,northeast ohio medical university (neomed), summa health system, the university of akron, and the john s and james l knight foundation. Abia is focused on patient-centered innovation and commercialization at the intersection of biomaterials and medicine the strategic alignment of institutional, state, federal, and philanthropic support, accompanied with akron's rich legacy in industrial and materials science and is working to pioneer the next generation of life-enhancing and life-saving innovation that will transform akron and the surrounding region into a model for biomedical discovery and enterprise.

Major Activities

Activity 2
Medical device development center provides a unique resource for companies and researchers to design, test, synthesize, and manufacture new materials and healthcare applications of biomaterials, while providing entrepreneurs and scientists with flexible and easy access to resources for commercialization of their ideas and products.
Activity 3
Center for simulation and integrated healthcare educations is establishing a nationally recognized model of collaborative space where innovative technologies and methodologies are tested and used to improve the performance of the provider teams and early responders.
Filing and Contact Details

Filer

EIN
38-3793003
Raw XML AppendixShowing 400 of 765 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/MissionDescription0THE AUSTEN BIOINNOVATION INSTITUTE IN AKRON (ABIA) IS AN EXCEPTIONAL COLLABORATION OF AKRON CHILDREN'S HOSPITAL, AKRON GENERAL HEALTH SYSTEM,NORTHEAST OHIO MEDICAL UNIVERSITY (NEOMED), SUMMA HEALTH SYSTEM, THE UNIVERSITY OF AKRON, AND THE JOHN S AND JAMES L KNIGHT FOUNDATION. ABIA IS FOCUSED ON PATIENT-CENTERED INNOVATION AND COMMERCIALIZATION AT THE INTERSECTION OF BIOMATERIALS AND MEDICINE THE STRATEGIC ALIGNMENT OF INSTITUTIONAL, STATE, FEDERAL, AND PHILANTHROPIC SUPPORT, ACCOMPANIED WITH AKRON'S RICH LEGACY IN INDUSTRIAL AND MATERIALS SCIENCE AND IS WORKING TO PIONEER THE NEXT GENERATION OF LIFE-ENHANCING AND LIFE-SAVING INNOVATION THAT WILL TRANSFORM AKRON AND THE SURROUNDING REGION INTO A MODEL FOR BIOMEDICAL DISCOVERY AND ENTERPRISE.
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