Civic Intelligence

Biobridge Global

990 • Fiscal year 2013 • EIN 45-4765222

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 15, 2014

6211 IH 10 WestSuite78201

(210) 757-9505

Siviq Scores

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

Liabilities / Assets

21st percentile

0.05x

Higher debt load relative to assets than 21% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

65th percentile

0.58x

Higher debt load relative to revenue than 65% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Net Margin

32nd percentile

0.0%

Higher net margin than 32% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

81st percentile

$494,897

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 12.9% of source-year revenue.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Asset Growth

100th percentile

4816205300%

Faster asset growth than 100% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Annualized from 2012 to 2013

Assets

Flat

$48,162,054

Flat from 2013

Net Assets

Flat

$45,912,014

Flat from 2013

Liabilities

Flat

$2,250,040

Flat from 2013

Revenue

Flat

$3,847,174

Flat from 2013

Expenses

Flat

$3,847,174

Flat from 2013

Net Income

Flat

$0

Flat from 2013

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2012: $1Liabilities 2012: $02012Assets 2013: $48,162,054Liabilities 2013: $2,250,040Net Assets 2013: $45,912,0142013Assets 2013: $48,162,054Liabilities 2013: $2,250,040Net Assets 2013: $45,912,0142013Assets 2014: $54,308,482Liabilities 2014: $6,086,875Net Assets 2014: $48,221,6072014Assets 2015: $69,607,450Liabilities 2015: $21,793,253Net Assets 2015: $47,814,1972015Assets 2016: $73,077,554Liabilities 2016: $21,615,421Net Assets 2016: $51,462,1332016Assets 2017: $64,824,978Liabilities 2017: $8,213,716Net Assets 2017: $56,611,2622017Assets 2018: $58,953,278Liabilities 2018: $4,553,938Net Assets 2018: $54,399,3402018Assets 2019: $65,163,575Liabilities 2019: $6,907,477Net Assets 2019: $58,256,0982019Assets 2020: $70,894,449Liabilities 2020: $11,014,791Net Assets 2020: $59,879,6582020Assets 2021: $72,557,364Liabilities 2021: $8,813,774Net Assets 2021: $63,743,5902021Assets 2022: $69,766,084Liabilities 2022: $13,839,021Net Assets 2022: $55,927,0632022Assets 2023: $75,173,327Liabilities 2023: $21,269,815Net Assets 2023: $53,903,5122023Assets 2024: $83,238,285Liabilities 2024: $24,521,803Net Assets 2024: $58,716,4822024

Highlighted filing

2013

Assets$48,162,054
Liabilities$2,250,040
Net Assets$45,912,014

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $3,847,174Expenses 2013: $3,847,174Net Income 2013: $02013Revenue 2013: $3,847,174Expenses 2013: $3,847,174Net Income 2013: $02013Revenue 2014: $19,589,293Expenses 2014: $18,608,805Net Income 2014: $980,4882014Revenue 2015: $20,919,597Expenses 2015: $19,725,803Net Income 2015: $1,193,7942015Revenue 2016: $24,623,181Expenses 2016: $20,909,979Net Income 2016: $3,713,2022016Revenue 2017: $26,025,499Expenses 2017: $20,637,028Net Income 2017: $5,388,4712017Revenue 2018: $29,878,904Expenses 2018: $22,541,414Net Income 2018: $7,337,4902018Revenue 2019: $27,210,328Expenses 2019: $27,068,715Net Income 2019: $141,6132019Revenue 2020: $30,301,028Expenses 2020: $30,935,950Net Income 2020: -$634,9222020Revenue 2021: $35,430,455Expenses 2021: $31,920,674Net Income 2021: $3,509,7812021Revenue 2022: $36,640,731Expenses 2022: $34,844,828Net Income 2022: $1,795,9032022Revenue 2023: $40,649,086Expenses 2023: $39,281,452Net Income 2023: $1,367,6342023Revenue 2024: $45,332,595Expenses 2024: $43,230,038Net Income 2024: $2,102,5572024

Highlighted filing

2013

Revenue$3,847,174
Expenses$3,847,174
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 15, 2014
Return Version
2013v3.1
Gross Receipts
$3,847,174
Mission and Program Overview

Mission

Biobridge global is organized for the exclusive purpose of supporting, as the sole member, south texas blood & tissue center (stbtc), qualtex laboratories (qualtex), gencure, and the blood & tissue center foundation (the foundation) - (see schedule o).

Biobridge global is organized for the exclusive purpose of supporting, as the sole managing member, south texas blood & tissue center (stbtc), qualtex laboratories (see sch. O)

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$0$32,618,841▲ $32,618,841
Savings and Temporary Cash Investments$0$9,326,578▲ $9,326,578
Land, Buildings, and Equipment, Net$0$3,929,347▲ $3,929,347
Prepaid Expenses and Deferred Charges$0$653,373▲ $653,373
Cash and Non-Interest-Bearing Accounts$0$331,995▲ $331,995
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$0$48,162,054▲ $48,162,054
Other Assets Total$0$1,301,920▲ $1,301,920
Liabilities
Accounts Payable and Accrued Expenses$0$2,250,040▲ $2,250,040
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$2,250,040▲ $2,250,040
Net Assets / Fund Balance
Unrestricted Net Assets$0$45,912,014▲ $45,912,014
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$0$45,912,014▲ $45,912,014
Total Liabilities and Net Assets / Fund Balance$0$48,162,054▲ $48,162,054

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,286,164$8,579,698$11,865,862
Other Land Buildings$272,748$1,643,072$1,915,820
Leasehold Improvements$370,435$442,574$813,009
Buildings$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carmen DavilaVP Corporate Comm. (eff 10/13)FT$19,458$128,063$147,521
Rebecca MadereDirector H.r. (eff 10/13)FT$20,377$112,771$133,148
Benjamin LopezDirector Financial Svcs (eff 10/13)FT$23,706$108,434$132,140
David FullerVP of Bus. Excell. (eff 10/13)FT$23,285$106,400$129,685
James BondVoice Architect (eff 10/13)FT$20,049$107,862$127,911
Robert BairdDirector Applicatn Dev (eff 10/13)FT$20,742$104,418$125,160
Sean ThompsonVP of Busn. Devel. (eff 10/13)FT$26,784$59,286$86,070
Linda MyersEx-officio Dir/CEO (eff 10/13)PT$66,177$3,822$69,999
Donna RespondekExecutive VP/CFO (eff 10/13)FT$36,143$10,035$46,178
Darrin GannawayChief Info. Officr (eff 10/13)FT$33,258$7,601$40,859
Sandra Faye MunozExecutive VP H.r. (eff 10/13)FT$28,945$9,032$37,977
Mark GagerVP Strategy Mgmnt (eff 10/13)FT$24,867$6,751$31,618
Mark MckinneyDirector Infor Tech Svc (eff 10/13)FT$23,731$5,114$28,845

Board Members and Trustees

NameTitle
Dennis StahlChair (eff 03/2013)
Michael D BeldonVice Chair (eff 03/2013)
Blanca C Molina MdDirector (eff 03/2013)
Charles Lerner Md FsheaDirector (eff 03/2013)
Dana Gasparek CPADirector (eff 03/2013)
Gary V WoodsDirector (eff 03/2013)
Karen Stiefel Phd FacheDirector (eff 03/2013)
Mark WrightDirector (eff 03/2013)
Pat Lemay Burr PhdDirector (eff 03/2013)
Suzanne WadeDirector (eff 03/2013)
Yasan Gooding PhdDirector (eff 03/2013)
John FeikSecretary (eff 03/2013)
Darryl G Waldron PhdTreasurer (eff 03/2013)

Highest Paid Contractors

ContractorServicesLocationCompensation
The Kreager Law FirmLegal Services-$119,830
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,840,661
Investment Income
$0
Other Revenue
$6,513
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,847,174
Revenue Not Reported on Form 990
$45,912,014
Total Revenue per Audited Statements
$49,759,188
Total Revenue per Form 990
$3,847,174
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,632,965
Other Expenses$1,214,209
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,844,152$0$20,253$1,864,405
Occupancy$516,944$0$0$516,944
Current Officers, Directors, Trustees, and Key Employees$280,393$0$0$280,393
Other Employee Benefits$254,503$0$670$255,173
Depreciation Depletion$201,844$0$0$201,844
Payroll Taxes$153,298$0$1,220$154,518
Information Technology$118,632$0$0$118,632
Fees for Services Other$106,515$0$0$106,515
Office Expenses$86,440$0$0$86,440
Pension Plan Contributions$77,603$0$873$78,476
Conferences and Meetings$40,622$0$0$40,622
Travel$39,489$0$0$39,489
Fees for Services Legal$19,524$0$0$19,524
Other Expenses$16,021-$-23,016$16,021
All Other Expenses$14,283--$14,283
Insurance$8,334$0$0$8,334
Fees for Services Accounting$3,870$0$0$3,870
Total Functional Expenses$3,847,174$0$0$3,847,174

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,847,174
Total Expenses per Audited Statements$3,847,174
Total Expenses per Form 990$3,847,174
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
Subject to proxy tax
No
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 9 - Mailing Address

David fuller - 450 wren ln., new braunfels, tx 78132 darrin gannaway - 2706 wonderview dr., san antonio,tx 78230 sandra muoz - 26014 choctaw trail, san antonio, tx 78260

Part VI, Line 11B - Process to Review the Form 990

The organization engages an outside accounting firm to prepare the form 990. Once prepared, the return is reviewed by financial management staff prior to filing the return. The executive committee of the board of directors is provided a copy of the form 990 prior to filing.

Part VI, Line 12C - Compliance With Conflict of Interest Policy

A copy of the organization's conflict of interest policy is provided annually to all officers and board of directors. In addition, questionnaires are given out on an annual basis to all officers and board of directors which cover business and family relationships and various activities that have occurred over the course of the year. Every attempt is made to ensure that all forms are returned. Individuals who fail to return the requested forms or provide incomplete information are contacted by the organization.

Part VI, Line 15A - Review of Ceo/top Mgmt Official Compensation

Biobridge global relied upon an independent compensation report from a national compensation consulting firm. The report studied comparable organizations and provided detailed appendices of comparable organizations' compensation of ceo's in support of their analysis. The independent consultant's report is reviewed by the compensation committee of the organization's board of directors and submitted to the board for approval.

PART VI, LINE 15B - REVIEW OF OTHER OFFICER'S COMPENSATION

In 2013, biobridge global obtained a compensation report from an independent compensation consulting firm. Their review is based on compensation surveys, compensation packages offered by similar organizations in our peer group, and market competitive analyses.

Part VI, Question 11A - Form 990 Provided to Governing Board

The form 990 is distributed to the executive committee of the board for review prior to filing the return and is available to the entire board of directors.

Part VIII, Line 2A - Form 990 Statement of Revenue

Biobridge global's revenues are derived from the support and administrative services provided to south texas blood & tissue center, qualtex laboratories, gencure and the blood & tissue center foundation.

Part VII

Effective march 21, 2013, the board of directors of south texas blood & tissue center became biobridge global's board of directors. The support service functions that were once part of stbtc were transferred to bbg effective october 1, 2013.

Part VI, Line 1B - Voting Member of Board of Directors Not Independent

One member of the board of directors is not deemed independent because she received compensation as an officer of the organization.

Part VI, Line 19 - How Documents Are Made Available to Public

UPON REQUEST.

Filing and Contact Details

Filer

EIN
45-4765222
In Care Of
% BENJAMIN LOPEZ
Phone
2107579505

Signing Officer

Name
Donna Respondek
Title
Executive VP/CFO
Phone
2107579505
Signed
2014-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda K Myers
Formed
2012
Legal Domicile
TX
Voting Board Members
14
Independent Board Members
13
Employees
118
Volunteers
17

Preparer

Preparer
John R Bruce CPA
Phone
2107579505
Supplemental Narrative

Additional Explanations

PART I, LINE 1 - ORGANIZATION'S MISSION

Biobridge global ("bbg") is organized for the exclusive purpose of supporting, as the sole member, south texas blood & tissue center ("stbtc"), qualtex laboratories ("qualtex"), gencure and the blood & tissue center foundation ("the foundation") by providing support and administrative functions that promote and support the charitable mission and purposes of stbtc, qualtex, gencure, and the foundation (each of which is a 501(c)(3) organization).

Part XI, Line 9 - Other Changes in Net Assets or Fund Balances

Transfer of assets from stbtc investments $41,945,418 fixed assets + 3,966,596 ------------ $ 45,912,014

Financial Statement Notes

Schedule D, Part XI, Question 2D

Transfer of assets from stbtc: investments $41,945,418 fixed assets + 3,966,596 ------------ $ 45,912,014

Schedule D, Part X, Question 2 - Asc 740 Footnote

Management has evaluated 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/Form990PartVIISectionAGrp/TitleTxt0CHAIR (EFF 03/2013)
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IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR (EFF 03/2013)
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR (EFF 03/2013)
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IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE VP/CFO (EFF 10/13)
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.2$24.5$58.7$45.3$43.2$2.10
2023Summary only. Only limited summary data is available for this year.$75.2$21.3$53.9$40.6$39.3$1.37
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.8$13.8$55.9$36.6$34.8$1.80
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$72.6$8.81$63.7$35.4$31.9$3.51
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.9$11.0$59.9$30.3$30.9$0.63
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.2$6.91$58.3$27.2$27.1$0.14
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.0$4.55$54.4$29.9$22.5$7.34
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.8$8.21$56.6$26.0$20.6$5.39
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.1$21.6$51.5$24.6$20.9$3.71
2015Detailed filing. Detailed filing data is available for this year.$69.6$21.8$47.8$20.9$19.7$1.19
2014Detailed filing. Detailed filing data is available for this year.$54.3$6.09$48.2$19.6$18.6$0.98
2013Detailed filing. Detailed filing data is available for this year.$48.2$2.25$45.9$3.85$3.85$0.00
2013Summary only. Only limited summary data is available for this year.$48.2$2.25$45.9$3.85$3.85$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00