Civic Intelligence

Bioforward Inc

990 • Fiscal year 2016 • EIN 39-1605083

Apr 01, 2015 to Mar 31, 2016 • Filed on Nov 10, 2016

214 N Hamilton St No 202Madison, WI 53703

(608) 236-4693

Siviq Scores

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

Liabilities / Assets

89th percentile

0.56x

Higher debt load relative to assets than 89% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

76th percentile

0.29x

Higher debt load relative to revenue than 76% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

81st percentile

15%

Higher net margin than 81% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

68th percentile

$99,537

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 12.5% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

96th percentile

82%

Faster asset growth than 96% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

94th percentile

45%

Faster revenue growth than 94% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$407,069

Up $183,962 (+82%) from 2015

Net Assets

Up

$177,156

Up $120,403 (+212%) from 2015

Liabilities

Up

$229,913

Up $63,559 (+38%) from 2015

Revenue

Up

$797,718

Up $247,445 (+45%) from 2015

Expenses

Up

$677,315

Up $116,692 (+21%) from 2015

Net Income

Up

$120,403

Up $130,753 (+1263%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2012: $129,664Liabilities 2012: $184,477Net Assets 2012: -$54,8132012Assets 2013: $245,263Liabilities 2013: $217,499Net Assets 2013: $27,7642013Assets 2014: $263,696Liabilities 2014: $197,126Net Assets 2014: $66,5702014Assets 2015: $223,107Liabilities 2015: $166,354Net Assets 2015: $56,7532015Assets 2016: $407,069Liabilities 2016: $229,913Net Assets 2016: $177,1562016Assets 2017: $448,324Liabilities 2017: $248,054Net Assets 2017: $200,2702017Assets 2018: $594,996Liabilities 2018: $286,261Net Assets 2018: $308,7352018Assets 2019: $758,965Liabilities 2019: $362,019Net Assets 2019: $396,9462019Assets 2020: $969,826Liabilities 2020: $435,906Net Assets 2020: $533,9202020Assets 2021: $1,331,546Liabilities 2021: $447,569Net Assets 2021: $883,9772021Assets 2022: $1,687,714Liabilities 2022: $540,373Net Assets 2022: $1,147,3412022Assets 2023: $1,770,090Liabilities 2023: $534,231Net Assets 2023: $1,235,8592023Assets 2024: $1,832,500Liabilities 2024: $741,377Net Assets 2024: $1,091,1232024Assets 2025: $1,860,106Liabilities 2025: $764,732Net Assets 2025: $1,095,3742025

Highlighted filing

2016

Assets$407,069
Liabilities$229,913
Net Assets$177,156

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $621,3532012Revenue 2013: $580,162Expenses 2013: $497,585Net Income 2013: $82,5772013Revenue 2014: $607,509Expenses 2014: $568,447Net Income 2014: $39,0622014Revenue 2015: $550,273Expenses 2015: $560,623Net Income 2015: -$10,3502015Revenue 2016: $797,718Expenses 2016: $677,315Net Income 2016: $120,4032016Revenue 2017: $657,550Expenses 2017: $634,436Net Income 2017: $23,1142017Revenue 2018: $875,370Expenses 2018: $766,905Net Income 2018: $108,4652018Revenue 2019: $909,954Expenses 2019: $821,743Net Income 2019: $88,2112019Revenue 2020: $1,222,832Expenses 2020: $1,085,858Net Income 2020: $136,9742020Revenue 2021: $1,337,559Expenses 2021: $987,502Net Income 2021: $350,0572021Revenue 2022: $1,412,017Expenses 2022: $1,148,653Net Income 2022: $263,3642022Revenue 2023: $1,476,872Expenses 2023: $1,388,354Net Income 2023: $88,5182023Revenue 2024: $1,435,103Expenses 2024: $1,579,839Net Income 2024: -$144,7362024Revenue 2025: $2,109,580Expenses 2025: $2,105,329Net Income 2025: $4,2512025

Highlighted filing

2016

Revenue$797,718
Expenses$677,315
Net Income$120,403
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$797,718
Mission and Program Overview

Mission

To promote the growth of biohealth industries in wisconsin through services, programs, publications and conferences.

To promote the growth of biohealth industries in wisconsin.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$49,015$190,744▲ $141,729
Savings and Temporary Cash Investments-$150,032-
Cash and Non-Interest-Bearing Accounts$157,973$40,075▼ $117,898
Intangible Assets-$15,000-
Prepaid Expenses and Deferred Charges$11,167$7,972▼ $3,195
Land, Buildings, and Equipment, Net$4,952$3,246▼ $1,706
Total Assets$223,107$407,069▲ $183,962
Liabilities
Deferred Revenue$126,220$209,916▲ $83,696
Accounts Payable and Accrued Expenses$40,134$19,997▼ $20,137
Total Liabilities$166,354$229,913▲ $63,559
Net Assets / Fund Balance
Unrestricted Net Assets$56,753$177,156▲ $120,403
Total Net Assets Fund Balance$56,753$177,156▲ $120,403
Total Liabilities and Net Assets / Fund Balance$223,107$407,069▲ $183,962

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,246$18,350-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa JohnsonCEOFT$99,537-$99,537
laura Brayformer CEOFT$53,052$6,254$59,306

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$376,559
Program Service Revenue
$420,855
Investment Income
$304
Other Revenue
$0
All Other Contributions
$738
Change in Net Assets
$120,403
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$389,919
Salaries, Compensation, and Employee Benefits$287,396
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$257,696--$257,696
Conferences and Meetings$113,128--$113,128
Fees for Services Legal$60,629--$60,629
Advertising$37,056--$37,056
Payroll Taxes$20,990--$20,990
Occupancy$14,597--$14,597
Fees for Services Accounting$13,129--$13,129
Information Technology$11,713--$11,713
Other Employee Benefits$8,710--$8,710
Travel$7,643--$7,643
Office Expenses$5,183--$5,183
Other Expenses$5,051--$5,051
Insurance$3,742--$3,742
Fees for Services Other$2,262--$2,262
Depreciation Depletion$1,705--$1,705
All Other Expenses$747--$747
Fees for Services Management$527--$527
Total Functional Expenses$677,315$0$0$677,315
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$136,595
Current Year Nondeductible Lobbying and Political Cost$60,629
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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 11

The finance committee reviewed and signed the company's Form 990.

Form 990, Part VI, Section B, line 15

The organization uses a compensation committee to research competitive compensation amounts and the determined compensation is approved by the board.

Form 990, Part VI, Section C, line 19

The company provides these documents to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bioforward Inc
EIN
39-1605083
Phone
6082364693
Address
214 N Hamilton St No 202, Madison, WI 53703

Signing Officer

Name
Lisa Johnson
Title
CEO
Phone
6082364693
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Johnson
Formed
1995
Legal Domicile
Wi
Voting Board Members
17
Independent Board Members
17
Employees
3
Volunteers
17

Preparer

Firm
Baker Tilly Virchow Krause LLP
Address
PO Box 7398, Madison, WI 53707-7398
Preparer
James E Rose CPA
Phone
6082496622
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 2

Publish a 2015 Wisconsin Bioscience Economic Development report.

Form 990, Part XII, Line 2C:

No change from prior year.

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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/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE THE GROWTH OF BIOHEALTH INDUSTRIES IN WISCONSIN THROUGH SERVICES, PROGRAMS, PUBLICATIONS AND CONFERENCES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt056753
IRS990/NetAssetsOrFundBalancesEOYAmt0177156
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt014597
IRS990/OccupancyGrp/TotalAmt014597
IRS990/OfficeExpensesGrp/ProgramServicesAmt05183
IRS990/OfficeExpensesGrp/TotalAmt05183
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08710
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08710
IRS990/OtherExpensesGrp/Desc0Impact Study
IRS990/OtherExpensesGrp/Desc1Bad Debts
IRS990/OtherExpensesGrp/Desc2telephone
IRS990/OtherExpensesGrp/Desc3Credit Card/Bank Servic
IRS990/OtherExpensesGrp/ProgramServicesAmt095830
IRS990/OtherExpensesGrp/ProgramServicesAmt19150
IRS990/OtherExpensesGrp/ProgramServicesAmt27827
IRS990/OtherExpensesGrp/ProgramServicesAmt35051
IRS990/OtherExpensesGrp/TotalAmt095830
IRS990/OtherExpensesGrp/TotalAmt19150
IRS990/OtherExpensesGrp/TotalAmt27827
IRS990/OtherExpensesGrp/TotalAmt35051
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0257696
IRS990/OtherSalariesAndWagesGrp/TotalAmt0257696
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt020990
IRS990/PayrollTaxesGrp/TotalAmt020990
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011167
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07972
IRS990/PrincipalOfficerNm0Lisa Johnson
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0424000
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/BusinessCd3541900
IRS990/ProgramServiceRevenueGrp/BusinessCd4541900
IRS990/ProgramServiceRevenueGrp/Desc0Select Savings Consort
IRS990/ProgramServiceRevenueGrp/Desc1Summit Sponsorship
IRS990/ProgramServiceRevenueGrp/Desc2Other sponsorships
IRS990/ProgramServiceRevenueGrp/Desc3Program Income
IRS990/ProgramServiceRevenueGrp/Desc42015 WI Bioscience Eco
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0232802
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt188500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt253000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt328753
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt410000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0232802
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt188500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt253000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt328753
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt410000
IRS990/ProgSrvcAccomActy2Grp/Desc0Annual Wisconsin Bioscience Summit Conference. This event provides information and networking opportunities in the area of biotechnology.Expenses reflect only direct program expenses and not indirect costs, including staff allocation.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt049082
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0113115
IRS990/ProgSrvcAccomActy3Grp/Desc02015 WI Bioscience Economic Development Report. The report provides information and data about the Bioscience industry in the state of Wisconsin.Expenses reflect only direct program expenses and not indirect costs, including staff allocation.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt095830
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt095000
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0474630
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0292052
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0254164
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0219
IRS990/PYOtherExpensesAmt0258580
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0295890
IRS990/PYRevenuesLessExpensesAmt0-10350
IRS990/PYSalariesCompEmpBnftPaidAmt0302043
IRS990/PYTotalExpensesAmt0560623
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0550273
IRS990/ReconcilationRevenueExpnssAmt0120403
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt075259
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0150032
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AggregateReportedDuesNtcAmt033188
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/CarriedOverAmt0103407
IRS990ScheduleC/DuesAssessmentsAmt0221250
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt075966
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt060629
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0136595
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03246
IRS990ScheduleD/EquipmentGrp/DepreciationAmt018350
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt021596
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03246
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt099537
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt153052
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt16254
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.86$0.76$1.10$2.11$2.11$0.00
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.83$0.74$1.09$1.44$1.58$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.53$1.24$1.48$1.39$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.54$1.15$1.41$1.15$0.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.45$0.88$1.34$0.99$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.44$0.53$1.22$1.09$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.36$0.40$0.91$0.82$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.29$0.31$0.88$0.77$0.11
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.25$0.20$0.66$0.63$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.41$0.23$0.18$0.80$0.68$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.22$0.17$0.06$0.55$0.56$0.01
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.20$0.07$0.61$0.57$0.04
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.25$0.22$0.03$0.58$0.50$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.18$0.05$0.62