Civic Intelligence

Iowa Biotechnology Association

EIN 39-1885797 • 501(c)6 • Des Moines, IA

Profile

Iowa biotechnology association is a nonprofit regional trade association that seeks to advance opportunities in iowa for the improvement of the human environmental and economic wellbeing through the development and application of value-added technologies in the life sciences.

500 E Court Ave 112Des Moines, IA 50309

www.iowabio.org

Siviq Scores

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

Liabilities / Assets

39th percentile

0.08x

Higher debt load relative to assets than 39% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.18x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

78th percentile

16%

Higher net margin than 78% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

58th percentile

8.0%

Faster asset growth than 58% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

34%

Faster revenue growth than 88% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,505,707

Up $110,938 (+8.0%) from 2023

Liabilities

Down

$125,102

Down $23,932 (-16%) from 2023

Net Assets

Up

$1,380,605

Up $134,870 (+11%) from 2023

Revenue

Up

$681,072

Up $172,716 (+34%) from 2023

Expenses

Up

$569,572

Up $89,554 (+19%) from 2023

Net Income

Up

$111,500

Up $83,162 (+293%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $478,253Liabilities 2011: $26,992Net Assets 2011: $451,2612011Assets 2012: $625,814Liabilities 2012: $80,824Net Assets 2012: $544,9902012Assets 2013: $592,928Liabilities 2013: $25,286Net Assets 2013: $567,6422013Assets 2014: $635,652Liabilities 2014: $17,232Net Assets 2014: $618,4202014Assets 2015: $726,053Liabilities 2015: $55,829Net Assets 2015: $670,2242015Assets 2016: $727,161Liabilities 2016: $39,822Net Assets 2016: $687,3392016Assets 2017: $780,712Liabilities 2017: $49,130Net Assets 2017: $731,5822017Assets 2018: $854,794Liabilities 2018: $40,635Net Assets 2018: $814,1592018Assets 2019: $986,634Liabilities 2019: $41,918Net Assets 2019: $944,7162019Assets 2020: $1,053,767Liabilities 2020: $25,110Net Assets 2020: $1,028,6572020Assets 2021: $1,247,714Liabilities 2021: $68,012Net Assets 2021: $1,179,7022021Assets 2022: $1,251,436Liabilities 2022: $80,765Net Assets 2022: $1,170,6712022Assets 2023: $1,394,769Liabilities 2023: $149,034Net Assets 2023: $1,245,7352023Assets 2024: $1,505,707Liabilities 2024: $125,102Net Assets 2024: $1,380,6052024

Highlighted filing

2024

Assets$1,505,707
Liabilities$125,102
Net Assets$1,380,605

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $316,434Expenses 2011: $322,384Net Income 2011: -$5,9502011Revenue 2012: $382,474Expenses 2012: $305,990Net Income 2012: $76,4842012Revenue 2013: $403,735Expenses 2013: $384,828Net Income 2013: $18,9072013Revenue 2014: $396,670Expenses 2014: $364,284Net Income 2014: $32,3862014Revenue 2015: $507,519Expenses 2015: $437,420Net Income 2015: $70,0992015Revenue 2016: $516,217Expenses 2016: $503,214Net Income 2016: $13,0032016Revenue 2017: $546,144Expenses 2017: $519,100Net Income 2017: $27,0442017Revenue 2018: $597,182Expenses 2018: $500,982Net Income 2018: $96,2002018Revenue 2019: $566,832Expenses 2019: $476,081Net Income 2019: $90,7512019Revenue 2020: $463,824Expenses 2020: $409,238Net Income 2020: $54,5862020Revenue 2021: $515,320Expenses 2021: $390,124Net Income 2021: $125,1962021Revenue 2022: $517,514Expenses 2022: $431,272Net Income 2022: $86,2422022Revenue 2023: $508,356Expenses 2023: $480,018Net Income 2023: $28,3382023Revenue 2024: $681,072Expenses 2024: $569,572Net Income 2024: $111,5002024

Highlighted filing

2024

Revenue$681,072
Expenses$569,572
Net Income$111,500

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.51$0.13$1.38$0.68$0.57$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.15$1.25$0.51$0.48$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.25$0.08$1.17$0.52$0.43$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.25$0.07$1.18$0.52$0.39$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.03$1.03$0.46$0.41$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.99$0.04$0.94$0.57$0.48$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.85$0.04$0.81$0.60$0.50$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.78$0.05$0.73$0.55$0.52$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.73$0.04$0.69$0.52$0.50$0.01
2015Summary only. Only limited summary data is available for this year.$0.73$0.06$0.67$0.51$0.44$0.07
2014Summary only. Only limited summary data is available for this year.$0.64$0.02$0.62$0.40$0.36$0.03
2013Summary only. Only limited summary data is available for this year.$0.59$0.03$0.57$0.40$0.38$0.02
2012Summary only. Only limited summary data is available for this year.$0.63$0.08$0.54$0.38$0.31$0.08
2011Summary only. Only limited summary data is available for this year.$0.48$0.03$0.45$0.32$0.32$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.1
Gross Receipts
$681,072
Mission and Program Overview

Mission

Iowa biotechnology association is a nonprofit regional trade association that seeks to advance opportunities in iowa for the improvement of the human environmental and economic wellbeing through the development and application of value-added technologies in the life sciences.

To advance the development and application of value-added technologies in the life sciences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,072,359$1,134,794▲ $62,435
Cash and Non-Interest-Bearing Accounts$144,379$143,346▼ $1,033
Accounts Receivable$61,989$91,067▲ $29,078
Investments Program Related$45,376$65,364▲ $19,988
Prepaid Expenses and Deferred Charges$1,462$14,967▲ $13,505
Land, Buildings, and Equipment, Net$7,874$4,848▼ $3,026
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Loans From Officers Directors$0$0→ $0
Total Assets$1,394,769$1,505,707▲ $110,938
Other Assets Total$61,330$51,321▼ $10,009
Liabilities
Deferred Revenue$61,870$66,600▲ $4,730
Other Liabilities$61,554$51,972▼ $9,582
Accounts Payable and Accrued Expenses$25,610$6,530▼ $19,080
Total Liabilities$149,034$125,102▼ $23,932
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,200,359$1,315,241▲ $114,882
Net Assets With Donor Restrictions$45,376$65,364▲ $19,988
Total Net Assets Fund Balance$1,245,735$1,380,605▲ $134,870
Total Liabilities and Net Assets / Fund Balance$1,394,769$1,505,707▲ $110,938

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,848$22,308$27,156
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jessica HylandExecutive DirectorFT$142,530$25,208$167,738

Board Members and Trustees

NameTitle
Martin GrossDirector/chair
Anders ThomsenDirector/immediate Past Chair
Emily FuerstDirector/vice Chair
Caroline BelmontDirector
Irma FisherDirector
Joe HrdlickaDirector
Joel HarrisDirector
Josh JohnsonDirector
Mohan DasariDirector
Nate GreenDirector
Nolan MenteDirector
Rachel BinningDirector
Tom SwegleDirector
Cody KenkelDirector/secretary
Nathan BrewerDirector/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,066
Program Service Revenue
$242,890
Investment Income
$48,854
Other Revenue
$382,262
All Other Contributions
$7,066
Change in Net Assets
$111,500

Audited Revenue Reconciliation

Revenue per Audited Statements
$676,195
Revenue Not Reported on Financial Statements
$4,877
Revenue Not Reported on Form 990
$23,370
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$699,565
Total Revenue per Form 990
$681,072
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$329,984
Salaries, Compensation, and Employee Benefits$236,057
Grants and Similar Amounts Paid$3,531
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$167,838
Fees for Services Other---$72,267
Other Salaries and Wages---$47,344
Fees for Services Accounting---$38,995
Fees for Services Lobbying---$25,000
Occupancy---$23,199
Conferences and Meetings---$21,211
Travel---$19,733
Payroll Taxes---$15,520
Office Expenses---$8,950
Fees for Services Legal---$7,619
Information Technology---$7,575
Advertising---$6,284
Pension Plan Contributions---$5,355
Fees for Service Investment Mgmnt Fees---$4,877
Insurance---$3,611
Grants to Domestic Individuals---$3,300
Depreciation Depletion---$3,026
Grants to Domestic Orgs---$231
Other Expenses---$96
Total Functional Expenses$0$0$0$569,572

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$569,572
Expenses per Audited Statements$564,695
Total Expenses per Audited Statements$564,695
Expenses Not Reported on Financial Statements$4,877
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$41,292
Current Year Nondeductible Lobbying and Political Cost$25,000
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$51,972
Operating Lease Liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6 Classes of members or stockholders

Iowa biotechnology association has three classes of members: core members, support members and institutional members.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

Core members vote on the election of the board of directors and other matters submitted to a vote of the members. All members participate in activities and meetings. Ex-officio members including institutional members and support members do not vote.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

Core members vote on the election of the board of directors and other matters submitted to a vote of the members. All members participate in activities and meetings. Ex-officio members including institutional members and support members do not vote.

Form 990, Part VI, Line 11B Review of form 990 by governing body

An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's executive director. Any questions and concerns the organization's executive director has are addressed and any corrections or clarifications that need to be made are made. The final form 990 with all required schedules is then provided to all voting members of the board prior to filing the 990.

Form 990, Part VI, Line 12C Conflict of interest policy

Board members each read and sign a conflict of interest statement upon joining the board. If a conflict of interest is determined to exist, that member shall recuse him or herself from discussion and action on all issues relevant to the actual or potential conflict. Alternatively, an individual may disclose a conflict of interest or potential conflict of interest and affirmatively recuse themselves from any vote on that issue.

Form 990, Part VI, Line 19 Required documents available to the public

The governing documents and financial statements are available to the public upon request.

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

Compensation is reviewed annually by the executive committee and the board then approves the salaries as part of the budget approval for the next year.

Filing and Contact Details

Filer

Filer Name
Iowa Biotechnology Association
EIN
39-1885797
Phone
5153279156
Address
500 E COURT AVE 112, DES MOINES, IA 50309

Signing Officer

Name
Executive Director
Title
Jessica Hyland
Phone
5153279156
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
Ia
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
15

Preparer

Firm
Forvis Mazars LLP
Address
1248 O Street Ste 1040, Lincoln, NE 68508-1461
Preparer
Kristin Tynon
Phone
4024737600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G Other Fees

CONSULTING FEES - Total Expense: 72267, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ;

Form 990, Part III, Line 1

Iowa biotechnology association is a nonprofit regional trade association that seeks to advance opportunities in iowa for the improvement of the human environmental and economic wellbeing through the development and application of value-added technologies in the life sciences.

Financial Statement Notes

Schedule D, Part X, Line 2 UNCERTAIN TAX POSITIONS

Their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

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IRS990/MissionDesc0IOWA BIOTECHNOLOGY ASSOCIATION IS A NONPROFIT REGIONAL TRADE ASSOCIATION THAT SEEKS TO ADVANCE OPPORTUNITIES IN IOWA FOR THE IMPROVEMENT OF THE HUMAN ENVIRONMENTAL AND ECONOMIC WELLBEING THROUGH THE DEVELOPMENT AND APPLICATION OF VALUE-ADDED TECHNOLOGIES IN THE LIFE SCIENCES.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JESSICA HYLAND
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR

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