Civic Intelligence

Bioconnect Iowa

990 • Fiscal year 2018 • EIN 45-3690618

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 18, 2019

Organization ProfileWWW.IICORP.COM
666 Walnut Street No 1285Des Moines, IA 50309

(515) 421-4054

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.10x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

39th percentile

0.06x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

58th percentile

6.0%

Higher net margin than 58% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

72nd percentile

$108,572

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

42nd percentile

-0.9%

Faster asset growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

42nd percentile

1.0%

Faster revenue growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Down

$651,976

Down $6,033 (-0.9%) from 2017

Net Assets

Up

$587,749

Up $70,013 (+14%) from 2017

Liabilities

Down

$64,227

Down $76,046 (-54%) from 2017

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin58th percentile

Revenue

Up

$1,166,261

Up $11,606 (+1.0%) from 2017

Expenses

Down

$1,096,248

Down $66,560 (-5.7%) from 2017

Net Income

Up

$70,013

Up $78,166 (+959%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$20M$15M$10M$5.0M$0Assets 2012: $635,183Liabilities 2012: $530,523Net Assets 2012: $104,6602012Assets 2013: $801,632Liabilities 2013: $516,036Net Assets 2013: $285,5962013Assets 2014: $507,442Liabilities 2014: $251,928Net Assets 2014: $255,5142014Assets 2015: $567,498Liabilities 2015: $38,637Net Assets 2015: $528,8612015Assets 2016: $830,361Liabilities 2016: $304,472Net Assets 2016: $525,8892016Assets 2017: $658,009Liabilities 2017: $140,273Net Assets 2017: $517,7362017Assets 2018: $651,976Liabilities 2018: $64,227Net Assets 2018: $587,7492018Assets 2019: $935,436Liabilities 2019: $28,942Net Assets 2019: $906,4942019Assets 2020: $1,002,456Liabilities 2020: $55,557Net Assets 2020: $946,8992020Assets 2021: $922,274Liabilities 2021: $26,593Net Assets 2021: $895,6812021Assets 2022: $1,127,931Liabilities 2022: $12,513Net Assets 2022: $1,115,4182022Assets 2023: $6,297,217Liabilities 2023: $88,288Net Assets 2023: $6,208,9292023Assets 2025: $15,246,639Liabilities 2025: $40,928Net Assets 2025: $15,205,7112025

Highlighted filing

2018

Assets$651,976
Liabilities$64,227
Net Assets$587,749
Open 2018 Filing

Operations Trend

Revenue Growth42nd percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $470,583Expenses 2012: $365,923Net Income 2012: $104,6602012Revenue 2013: $1,096,234Expenses 2013: $915,298Net Income 2013: $180,9362013Revenue 2014: $532,439Expenses 2014: $562,521Net Income 2014: -$30,0822014Revenue 2015: $721,584Expenses 2015: $525,405Net Income 2015: $196,1792015Revenue 2016: $965,698Expenses 2016: $973,670Net Income 2016: -$7,9722016Revenue 2017: $1,154,655Expenses 2017: $1,162,808Net Income 2017: -$8,1532017Revenue 2018: $1,166,261Expenses 2018: $1,096,248Net Income 2018: $70,0132018Revenue 2019: $1,539,353Expenses 2019: $1,220,608Net Income 2019: $318,7452019Revenue 2020: $1,376,394Expenses 2020: $1,335,989Net Income 2020: $40,4052020Revenue 2021: $2,701,936Expenses 2021: $2,753,154Net Income 2021: -$51,2182021Revenue 2022: $1,803,790Expenses 2022: $1,584,053Net Income 2022: $219,7372022Revenue 2023: $7,338,139Expenses 2023: $2,307,855Net Income 2023: $5,030,2842023Revenue 2025: $6,948,451Expenses 2025: $2,163,333Net Income 2025: $4,785,1182025

Highlighted filing

2018

Revenue$1,166,261
Expenses$1,096,248
Net Income$70,013
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 18, 2019
Return Version
2017v2.3
Gross Receipts
$1,166,261
Mission and Program Overview

Mission

Bioconnect iowa's mission is to make iowa a powerhouse of bioscience research and industry and to create exciting and high-paying careers for iowans whose work will improve the health and welfare of people around the globe.imagine an iowa where research and innovation lead to vaccines that prevent major diseases; environmentally friendly biobased products; medical devices that save countless lives; and precision and digital agriculture that transform food production.this is the future of bioscience in iowa, and the mission of bioconnect iowa is to make it happen.

To further the overall development and economic well-being of the state of iowa and to lessen the burdens of government in connection with the public purpose of economic development in the state of iowa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$517,736$587,749▲ $70,013
Cash and Non-Interest-Bearing Accounts$447,097$545,669▲ $98,572
Pledges and Grants Receivable$206,756$105,822▼ $100,934
Prepaid Expenses and Deferred Charges$3,282--
Land, Buildings, and Equipment, Net$874$485▼ $389
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$658,009$651,976▼ $6,033
Liabilities
Accounts Payable and Accrued Expenses$107,273$36,227▼ $71,046
Deferred Revenue$33,000$28,000▼ $5,000
Total Liabilities$140,273$64,227▼ $76,046
Net Assets / Fund Balance
Total Net Assets Fund Balance$517,736$587,749▲ $70,013
Total Liabilities and Net Assets / Fund Balance$658,009$651,976▼ $6,033

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$485$680-
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kirk BjorlandFormer PresidentFT$108,572$108,572
Laura SteinInterim PresidentFT$87,162$87,162

Board Members and Trustees

NameTitle
David KinglandChairman, Director
Adam ClaypoolDirector
Brad EpperlyDirector
John GreavesDirector
Kathryn KunertDirector
Myron LinnDirector
Georgia Van GundySecretary & Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Grow Emerging Companies LLCConsultingPO BOX 181, Vida, OR 97488-0181$304,323
Revenue and Support

Revenue Composition

Contributions and Grants
$1,035,081
Program Service Revenue
$108,020
Investment Income
$1,055
Other Revenue
$22,105
All Other Contributions
$1,035,081
Change in Net Assets
$70,013

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,166,261
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,166,261
Total Revenue per Form 990
$1,166,261
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$477,213
Salaries, Compensation, and Employee Benefits$419,035
Grants and Similar Amounts Paid$200,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$94,856$259,308-$354,164
Grants to Domestic Orgs$200,000--$200,000
Advertising$57,723$56,418-$114,141
Payroll Taxes$8,650$19,397-$28,047
Other Employee Benefits$7,679$18,574-$26,253
Occupancy$3,010$22,118-$25,128
Insurance-$16,142-$16,142
Travel$5,102$6,809-$11,911
Conferences and Meetings$491$10,211-$10,702
Pension Plan Contributions$3,038$7,533-$10,571
Fees for Services Accounting-$10,382-$10,382
Fees for Services Legal-$8,371-$8,371
Office Expenses$371$1,549-$1,920
Depreciation Depletion-$388-$388
Other Expenses$111$109-$220
All Other Expenses$178$-68-$110
Total Functional Expenses$648,967$447,281$0$1,096,248

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,096,248
Total Expenses per Audited Statements$1,096,248
Total Expenses per Form 990$1,096,248
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Complex Computation LLCAmes, IA-Sbir Phase I Financial Assistance Award$25,000
Firefly PhotonicsIowa City, IA-Sbir Phase I Financial Assistance Award$25,000
Green Mountain Radio ResearchBoone, IA-Sbir Phase I Financial Assistance Award$25,000
Health Tech SolutionsCoralville, IA-Sbir Phase I Financial Assistance Award$25,000
Ichthus UnlimitedWest Des Moines, IA-Sbir Phase I Financial Assistance Award$25,000
Quantcad LLCIowa City, IA-Sbir Phase I Financial Assistance Award$25,000
SnyderbioCoralville, IA-Sbir Phase I Financial Assistance Award$25,000
StarrmaticaClinton, IA-Sbir Phase I Financial Assistance Award$25,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,105
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 11B

“The 990 is mailed to the board members before the meeting and reviewed at the meeting before filing.”

Form 990, Part VI, Section B, Line 12C

“A yearly review of the conflict of interest policy is performed and a signature of acceptance is required.”

Form 990, Part VI, Section C, Line 19

“Iowa innovation makes governing documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Iowa Innovation Corporation
EIN
45-3690618
Phone
5154214054
Address
666 WALNUT STREET NO 1285, DES MOINES, IA 50309

Signing Officer

Name
David Kingland
Title
Chairman/director
Phone
5154214054
Signed
2019-04-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Kingland
Formed
2011
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
6
Volunteers
0

Preparer

Firm
Denman & Company Llp
Address
1601 22ND STREET SUITE 400, WEST DES MOINES, IA 50266-1453
Preparer
David Ellis
Phone
5152258400
Raw XML AppendixShowing 400 of 493 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0107273
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt036227
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO FURTHER THE OVERALL DEVELOPMENT AND ECONOMIC WELL-BEING OF THE STATE OF IOWA AND TO LESSEN THE BURDENS OF GOVERNMENT IN CONNECTION WITH THE PUBLIC PURPOSE OF ECONOMIC DEVELOPMENT IN THE STATE OF IOWA.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ManagementAndGeneralAmt056418
IRS990/AdvertisingGrp/ProgramServicesAmt057723
IRS990/AdvertisingGrp/TotalAmt0114141
IRS990/AllOtherContributionsAmt01035081
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0-68
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0178
IRS990/AllOtherExpensesGrp/TotalAmt0110
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ANNE PRICE
IRS990/BooksInCareOfDetail/PhoneNum05154214054
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0666 WALNUT ST STE 1285
IRS990/BooksInCareOfDetail/USAddress/CityNm0DES MOINES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050309
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0447097
IRS990/CashNonInterestBearingGrp/EOYAmt0545669
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt010211
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0491
IRS990/ConferencesMeetingsGrp/TotalAmt010702
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0304323
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 181
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0VIDA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd0974880181
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0GROW EMERGING COMPANIES LLC
IRS990/ContractorCompensationGrp/ServicesDesc0CONSULTING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01035081
IRS990/CYGrantsAndSimilarPaidAmt0200000
IRS990/CYInvestmentIncomeAmt01055
IRS990/CYOtherExpensesAmt0477213
IRS990/CYOtherRevenueAmt022105
IRS990/CYProgramServiceRevenueAmt0108020
IRS990/CYRevenuesLessExpensesAmt070013
IRS990/CYSalariesCompEmpBnftPaidAmt0419035
IRS990/CYTotalExpensesAmt01096248
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01166261
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt033000
IRS990/DeferredRevenueGrp/EOYAmt028000
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0388
IRS990/DepreciationDepletionGrp/TotalAmt0388
IRS990/Desc0THE PURPOSE OF THE CONTRACT WITH IOWA STATE UNIVERSITY(CIRAS) IS TO PROVIDE SERVICES TO HELP GROW EXISTING IOWA MANUFACTURING BUSINESSES THROUGH JOINT WORK ON THE IOWA ADVANCED MANUFACTURING CENTER(IAMC) AND MANUFACTURING EXTENSION PAYMENTS(MEP) PROGRAMS. THE IOWA INNOVATION CORPORATION WILL IDENTIFY & QUALIFY POTENTIAL HIGH-GROWTH SMALL MANUFACTURING BUSINESSES WITH UNDER 20 EMPLOYEES AND PROMOTE CIRAS SERVICES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt019003
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010382
IRS990/FeesForServicesAccountingGrp/TotalAmt010382
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt08371
IRS990/FeesForServicesLegalGrp/TotalAmt08371
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID KINGLAND
IRS990/Form990PartVIISectionAGrp/PersonNm1GEORGIA VAN GUNDY
IRS990/Form990PartVIISectionAGrp/PersonNm2KATHRYN KUNERT
IRS990/Form990PartVIISectionAGrp/PersonNm3ADAM CLAYPOOL
IRS990/Form990PartVIISectionAGrp/PersonNm4MYRON LINN
IRS990/Form990PartVIISectionAGrp/PersonNm5BRAD EPPERLY
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN GREAVES
IRS990/Form990PartVIISectionAGrp/PersonNm7KIRK BJORLAND
IRS990/Form990PartVIISectionAGrp/PersonNm8LAURA STEIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7108572
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt887162
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN, DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7FORMER PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8INTERIM PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt022105
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0200000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0200000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01166261
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt016142
IRS990/InsuranceGrp/TotalAmt016142
IRS990/InvestmentIncomeGrp/ExclusionAmt01055
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01055
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0680
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0874
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0485
IRS990/LandBldgEquipCostOrOtherBssAmt01165
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO FURTHER THE OVERALL DEVELOPMENT AND ECONOMIC WELL-BEING OF THE STATE OF IOWA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0517736
IRS990/NetAssetsOrFundBalancesEOYAmt0587749
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt022105
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt022105
IRS990/NetUnrelatedBusTxblIncmAmt0871
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt022118
IRS990/OccupancyGrp/ProgramServicesAmt03010
IRS990/OccupancyGrp/TotalAmt025128
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01549
IRS990/OfficeExpensesGrp/ProgramServicesAmt0371
IRS990/OfficeExpensesGrp/TotalAmt01920
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018574
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07679
IRS990/OtherEmployeeBenefitsGrp/TotalAmt026253
IRS990/OtherExpensesGrp/Desc0IEDA PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2MEALS
IRS990/OtherExpensesGrp/Desc3POSTAGE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09850
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1190
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2109
IRS990/OtherExpensesGrp/ProgramServicesAmt0266335
IRS990/OtherExpensesGrp/ProgramServicesAmt1947
IRS990/OtherExpensesGrp/ProgramServicesAmt2476
IRS990/OtherExpensesGrp/ProgramServicesAmt3111
IRS990/OtherExpensesGrp/TotalAmt0266335
IRS990/OtherExpensesGrp/TotalAmt110797
IRS990/OtherExpensesGrp/TotalAmt2666
IRS990/OtherExpensesGrp/TotalAmt3220
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0259308
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt094856
IRS990/OtherSalariesAndWagesGrp/TotalAmt0354164
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019397
IRS990/PayrollTaxesGrp/ProgramServicesAmt08650
IRS990/PayrollTaxesGrp/TotalAmt028047
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07533
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03038
IRS990/PensionPlanContributionsGrp/TotalAmt010571
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0206756
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0105822
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03282
IRS990/PrincipalOfficerNm0DAVID KINGLAND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541610
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM MANAGEMENT
IRS990/ProgramServiceRevenueGrp/Desc1SERVICES INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt084996
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt123024
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt084996
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt123024
IRS990/ProgSrvcAccomActy2Grp/Desc0SBIR/STTR OUTREACH PROGRAM: THE OBJECTIVE OF THIS PROGRAM IS TO INCREASE THE AMOUNT OF FEDERAL SBIR/STTR RESEARCH DOLLARS AWARDED IN THE STATE OF IOWA. THE SBIR/STTR OUTREACH PROGRAM PROVIDES TECHNICAL AND FINANCIAL ASSISTANCE TO HELP COMPANIES INCREASE THE STRENGTH OF THEIR SBIR/STTR PROPOSALS. THE TECHNICAL ASSISTANCE OFFERED: CONCEPT EVALUATION AND PROFESSIONAL GRANT WRITING. THE FINANCIAL ASSISTANCE OFFERED: GRANT AWARDS TO PROGRAM PARTICIPANTS WITH SUCCESSFUL PHASE 1 AWARDS. THIS IS A STATE FUNDED PROGRAM. THE IOWA INNOVATION CORPORATION CONTRACTS WITH THE IOWA ECONOMIC DEVELOPMENT AUTHORITY TO ADMINISTER THIS PROGRAM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0545219
IRS990/ProgSrvcAccomActy3Grp/Desc0THE SMALL BUSINESS ASSOCIATION F.A.S.T. PROGRAM PROVIDES FUNDING TO ORGANIZATIONS TO EXECUTE STATE AND REGIONAL PROGRAMS THAT INCREASE THE NUMBER OF SBIR/STTR PROPOSALS, INCREASE THE NUMBER OF SBIR/STTR AWARDS, AND BETTER PREPARE SBIR/STTR AWARDEES FOR COMMERCIALIZATIONS SUCCESS THROUGH FINANCIAL SUPPORT, TECHNICAL ASSISTANCE, AND OUTREACH.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt084745
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01052852
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0125000
IRS990/PYInvestmentIncomeAmt0505
IRS990/PYOtherExpensesAmt0594978
IRS990/PYOtherRevenueAmt011370
IRS990/PYProgramServiceRevenueAmt089928
IRS990/PYRevenuesLessExpensesAmt0-8153
IRS990/PYSalariesCompEmpBnftPaidAmt0442830
IRS990/PYTotalExpensesAmt01162808
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01154655
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt070013
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0517736
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0587749
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01165206
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01154150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0965288
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0721195
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0532164
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04538003
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01055
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0505
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0410
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0389
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0275
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02634
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99740
IRS990ScheduleA/PublicSupportPY170Pct00.98340
IRS990ScheduleA/PublicSupportTotal170Amt04528816
IRS990ScheduleA/SubstantialContributorsTotAmt09187
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01165206
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01154150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0965288
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0721195
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0532164
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04538003
IRS990ScheduleA/TotalSupportAmt04540637
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0485
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0680
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01165
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01096248
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01166261
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0485
IRS990ScheduleD/TotalExpensesPerForm990Amt01096248
IRS990ScheduleD/TotalRevenuePerForm990Amt01166261
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01166261
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01096248
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/CashGrantAmt325000
IRS990ScheduleI/RecipientTable/CashGrantAmt425000
IRS990ScheduleI/RecipientTable/CashGrantAmt525000
IRS990ScheduleI/RecipientTable/CashGrantAmt625000
IRS990ScheduleI/RecipientTable/CashGrantAmt725000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SBIR PHASE I FINANCIAL ASSISTANCE AWARD
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SBIR PHASE I FINANCIAL ASSISTANCE AWARD
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SBIR PHASE I FINANCIAL ASSISTANCE AWARD
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3SBIR PHASE I FINANCIAL ASSISTANCE AWARD
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4SBIR PHASE I FINANCIAL ASSISTANCE AWARD
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5SBIR PHASE I FINANCIAL ASSISTANCE AWARD
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6SBIR PHASE I FINANCIAL ASSISTANCE AWARD
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7SBIR PHASE I FINANCIAL ASSISTANCE AWARD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0QUANTCAD LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GREEN MOUNTAIN RADIO RESEARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ICHTHUS UNLIMITED
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3COMPLEX COMPUTATION LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4SNYDERBIO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5STARRMATICA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6HEALTH TECH SOLUTIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7FIREFLY PHOTONICS
IRS990ScheduleI/RecipientTable/RecipientEIN0264504634
IRS990ScheduleI/RecipientTable/RecipientEIN1030277274
IRS990ScheduleI/RecipientTable/RecipientEIN2475095923
IRS990ScheduleI/RecipientTable/RecipientEIN3474483819
IRS990ScheduleI/RecipientTable/RecipientEIN4811070793
IRS990ScheduleI/RecipientTable/RecipientEIN5274409060
IRS990ScheduleI/RecipientTable/RecipientEIN6810909674
IRS990ScheduleI/RecipientTable/RecipientEIN7820603267
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01165 OAKS DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11183 JONQUIL LANE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2109 S 32ND STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt32901 S LOOP DR SUITE 3515
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt42500 CROSSPARK ROAD STE E156T
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5685 WEST DEER CREEK ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt62500 CROSSPARK ROAD SUITE W150F
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7136 S DUBUQUE ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0IOWA CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm1BOONE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2WEST DES MOINES
IRS990ScheduleI/RecipientTable/USAddress/CityNm3AMES
IRS990ScheduleI/RecipientTable/USAddress/CityNm4CORALVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm5CLINTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm6CORALVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm7IOWA CITY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2IA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3IA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4IA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5IA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6IA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd052245
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd150036
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd250265
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd350010
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd452241
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd552732
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd652241
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd752240
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$651,976
Liabilities
$64,227
Net assets
$587,749
Revenue
$1,166,261
Expenses
$1,096,248
Net income
$70,013
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.2$0.04$15.2$6.95$2.16$4.79
2023Summary only. Only limited summary data is available for this year.$6.30$0.09$6.21$7.34$2.31$5.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.01$1.12$1.80$1.58$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.03$0.90$2.70$2.75$0.05
2020Summary only. Only limited summary data is available for this year.$1.00$0.06$0.95$1.38$1.34$0.04
2019Summary only. Only limited summary data is available for this year.$0.94$0.03$0.91$1.54$1.22$0.32
2018Detailed filing. Detailed filing data is available for this year.$0.65$0.06$0.59$1.17$1.10$0.07
2017Summary only. Only limited summary data is available for this year.$0.66$0.14$0.52$1.15$1.16$0.01
2016Summary only. Only limited summary data is available for this year.$0.83$0.30$0.53$0.97$0.97$0.01
2015Summary only. Only limited summary data is available for this year.$0.57$0.04$0.53$0.72$0.53$0.20
2014Summary only. Only limited summary data is available for this year.$0.51$0.25$0.26$0.53$0.56$0.03
2013Summary only. Only limited summary data is available for this year.$0.80$0.52$0.29$1.10$0.92$0.18
2012Summary only. Only limited summary data is available for this year.$0.64$0.53$0.10$0.47$0.37$0.10