Liabilities / Assets
57th percentile
Tied with the lowest-debt nonprofits in its peer group.
990EZ • Fiscal year 2018 • EIN 41-2256183
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
57th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
3rd percentile
Faster asset growth than 3% of similar nonprofits.
Revenue Growth
6th percentile
Faster revenue growth than 6% of similar nonprofits.
Assets
Down$1,245
Down $8,313 (-87%) from 2017
Net Assets
Down$1,245
Down $8,313 (-87%) from 2017
Liabilities
Flat$0
Flat from 2017
Revenue
Down$725
Down $1,625 (-69%) from 2017
Expenses
Up$9,038
Up $2,472 (+38%) from 2017
Net Income
Down-$8,313
Down $4,097 (-97%) from 2017
The mission on the virginia bioscience foundation is to encourage young americans to explore studies and careers in innovative fields such as the life sciences. The foundation develops and promotes programs designed to encourage young students before they choose specific careers, to appreciates and participate in the challenging work of math and science so that they do not preclude subsequent career choices in the biosciences, and to introduce them to careers in bioscience.
The mission of the virginia bioscience foundation is to encourage and support young virginians to explore and undertake studies and careers in innovative fields such as the life sciences.
| Description | Grants | Expenses |
|---|---|---|
| FOR THE FIRST YEAR, VIRGINIA BIO AND VIRGINIA BIO FOUNDATION LAUNCHED THE LIFE SCIENCE WORKFORCE INITIATIVE IN EARLY 2018 TO MEET THE NEED FOR INDUSTRY AND ACADEMIA TO WORK TOGETHER TO CREATE A PIPELINE OF TALENT THE EVER-CHANGING LIFE SCIENCE INDUSTRY NEEDS TO SUCCEED AND TO BETTER EQUIP THE NEXT GENERATION OF TALENT WITH THE EDUCATION, SKILLS AND KNOWLEDGE THEY NEED TO LAUNCH SUCCESSFUL CAREERS. OUR ULTIMATE GOALS ARE A THRIVING LIFE SCIENCE INDUSTRY, A RESILIENT VIRGINIA ECONOMY, ACCELERATED INNOVATIONS IMPROVING THE HEALTH AND MEDICAL TREATMENT OF VIRGINIANS AND ADDRESSING THE WORLD'S NEED FOR NEW SOLUTIONS FOR FOOD AND FUEL, AND MEANINGFUL CAREERS FOR OUR CHILDREN AT HOME IN THE COMMONWEALTH. WE KICKED THIS OFF WITH THE FIRST EVER, VIRGINIA LIFE SCIENCE WORKFORCE SUMMIT IN JUNE 2018, WITH OVER 100 ATTENDEES FROM COMPANIES, COLLEGES AND UNIVERSITIES AND THE STATE. | $0 | $1,200 |
| THE FOUNDATION WAS INVOLVED IN OUR CONTINUED SUPPORT OF THE VIRGINIA STATE SCIENCE AND ENGINEERING FAIR BY PROVIDING A SPECIAL AWARD AND CASH SCHOLARSHIP FOR THREE BIOTECHNOLOGY RELATED PROJECTS. | $0 | $500 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARK A HERZOG | Vice Chairman | - | $0 | - | - |
| JEFF GALLAGHER | Secretary/Treasurer | - | $0 | - | - |
| JIM POWERS | Chairman | - | $0 | - | - |
| DENISE TONEY | Director | - | $0 | - | - |
“Description: state science fair scholarship awards to students. Amount: 500. Description: taxes. Amount: 25. Description: bank fees. Amount: 449. Description: travel. Amount: 400. Description: office expenses. Amount: 500. Description: vcu mpa capstone expenses statewide workforce analysis & whitepaper. Amount: 964. Description: workforce summit. Amount: 1,200. Description: contract labor- development of virtual interview series for college students. Amount: 5,000. Total to form 990-ez, line 16: 9,038.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JEFF GALLAGHER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8046436360 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 800 E LEIGH STREET NO 14 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | RICHMOND |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 23219 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 9558 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1245 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 725 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -8313 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 9558 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1245 |
| IRS990EZ/GrossReceiptsAmt | 0 | 725 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 9558 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 1245 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 9558 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 1245 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MARK A HERZOG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JEFF GALLAGHER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JIM POWERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DENISE TONEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | VICE CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY/TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 9038 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE MISSION OF THE VIRGINIA BIOSCIENCE FOUNDATION IS TO ENCOURAGE AND SUPPORT YOUNG VIRGINIANS TO EXPLORE AND UNDERTAKE STUDIES AND CAREERS IN INNOVATIVE FIELDS SUCH AS THE LIFE SCIENCES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE FOUNDATION WAS INVOLVED IN OUR CONTINUED SUPPORT OF THE VIRGINIA STATE SCIENCE AND ENGINEERING FAIR BY PROVIDING A SPECIAL AWARD AND CASH SCHOLARSHIP FOR THREE BIOTECHNOLOGY RELATED PROJECTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | FOR THE FIRST YEAR, VIRGINIA BIO AND VIRGINIA BIO FOUNDATION LAUNCHED THE LIFE SCIENCE WORKFORCE INITIATIVE IN EARLY 2018 TO MEET THE NEED FOR INDUSTRY AND ACADEMIA TO WORK TOGETHER TO CREATE A PIPELINE OF TALENT THE EVER-CHANGING LIFE SCIENCE INDUSTRY NEEDS TO SUCCEED AND TO BETTER EQUIP THE NEXT GENERATION OF TALENT WITH THE EDUCATION, SKILLS AND KNOWLEDGE THEY NEED TO LAUNCH SUCCESSFUL CAREERS. OUR ULTIMATE GOALS ARE A THRIVING LIFE SCIENCE INDUSTRY, A RESILIENT VIRGINIA ECONOMY, ACCELERATED INNOVATIONS IMPROVING THE HEALTH AND MEDICAL TREATMENT OF VIRGINIANS AND ADDRESSING THE WORLD'S NEED FOR NEW SOLUTIONS FOR FOOD AND FUEL, AND MEANINGFUL CAREERS FOR OUR CHILDREN AT HOME IN THE COMMONWEALTH. WE KICKED THIS OFF WITH THE FIRST EVER, VIRGINIA LIFE SCIENCE WORKFORCE SUMMIT IN JUNE 2018, WITH OVER 100 ATTENDEES FROM COMPANIES, COLLEGES AND UNIVERSITIES AND THE STATE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 1200 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | VA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 9038 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 1700 |
| IRS990EZ/TotalRevenueAmt | 0 | 725 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTP://WWW.VABIOFOUNDATION.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 725 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2350 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3375 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 23000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 8000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 37450 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 37450 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 725 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2350 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3375 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 23000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 8000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 37450 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 37450 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: STATE SCIENCE FAIR SCHOLARSHIP AWARDS TO STUDENTS. AMOUNT: 500. DESCRIPTION: TAXES. AMOUNT: 25. DESCRIPTION: BANK FEES. AMOUNT: 449. DESCRIPTION: TRAVEL. AMOUNT: 400. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 500. DESCRIPTION: VCU MPA CAPSTONE EXPENSES STATEWIDE WORKFORCE ANALYSIS & WHITEPAPER. AMOUNT: 964. DESCRIPTION: WORKFORCE SUMMIT. AMOUNT: 1,200. DESCRIPTION: CONTRACT LABOR- DEVELOPMENT OF VIRTUAL INTERVIEW SERIES FOR COLLEGE STUDENTS. AMOUNT: 5,000. TOTAL TO FORM 990-EZ, LINE 16: 9,038. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JEFF GALLAGHER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY/TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8046436360 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE VIRGINIA BIOSCIENCE FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VIRG |
| ReturnHeader/Filer/EIN | 0 | 412256183 |
| ReturnHeader/Filer/PhoneNum | 0 | 8046436360 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 800 E LEIGH STREET NO 14 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RICHMOND |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 23219 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 14725241472A566A129423579D171CFBAC5D3BAA |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 108.4.62.34 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-05-14 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 16:57:20 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 542041933 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PIASCIK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4470 COX ROAD SUITE 250 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GLEN ALLEN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 23060 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8045271815 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RYAN LOSI CPA |
| ReturnHeader/ReturnTs | 0 | 2019-05-15T08:49:30-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-06-30 |
| ReturnHeader/TaxYr | 0 | 2017 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.