Bioadvance DBA the Biotechnology Greenhouse of Southeastern Pennsylvania
990 • Fiscal year 2011 • EIN 46-0481876
Scores are not available for this record yet.
Assets
Flat$27,011,673
Flat from 2011
Net Assets
Flat$26,646,868
Flat from 2011
Liabilities
Flat$364,805
Flat from 2011
Revenue
-
No earlier filing loaded for comparison.
Expenses
Flat$2,129,907
Flat from 2011
Net Income
-
No earlier filing loaded for comparison.
- Filing Period
- Jul 1, 2010 to Jun 30, 2011
- Signed
- Apr 26, 2012
- Return Version
- 2010v3.4
- Gross Receipts
- $1,054,718
Mission
The biotechnology greenhouse of southeastern pennsylvania was established with funds from the commonwealth of pennsylvania's share of the national tobacco settlement to accelerate growth of the life sciences industry by transforming the southeast pennsylvania region's strength in biomedical research and development into commercial opportunities. Approximately $25 million of the original government grant funding has been dedicated for pre-seed or "gap" funding for promising therapeutic, biomedical device and related technology companies, in a program called the greenhouse fund. The greenhouse fund is designed to move promising scientific projects out of the laboratory and into commercial opportunities. Additional funds were set aside for initiatives to increase the region's strengths in biomedical informatics and clinical trials.
Filer
- EIN
- 46-0481876
Raw XML AppendixShowing 400 of 640 raw XML fields
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| IRS990/ActivityOrMissionDescription | 0 | THE BIOTECHNOLOGY GREENHOUSE CORP. OF SOUTHEASTERN PENNSYLVANIA WAS ESTABLISHED WITH FUNDS FROM THE COMMONWEALTH OF PENNSYLVANIA'S SHARE OF THE NATIONAL TOBACCO SETTLEMENT TO ACCELERATE GROWTH OF THE LIFE SCIENCES INDUSTRY BY TRANSFORMING THE SOUTHEAST PENNSYLVANIA REGION'S STRENGTH IN BIOMEDICAL RESEARCH AND DEVELOPMENT INTO COMMERCIAL OPPORTUNITIES. APPROXIMATELY $20 MILLION OF THE FUNDING HAS BEEN DEDICATED FOR PRE-SEED OR "GAP" FUNDING FOR PROMISING THERAPEUTIC, BIOMEDICAL DEVICE AND RELATED TECHNOLOGY COMPANIES, IN A PROGRAM CALLED THE GREENHOUSE FUND. THE GREENHOUSE FUND IS DESIGNED TO MOVE PROMISING SCIENTIFIC PROJECTS OUT OF THE LABORATORY AND INTO COMMERCIAL OPPORTUNITIES. ADDITIONAL FUNDS WERE SET ASIDE FOR INITIATIVES TO INCREASE THE REGION'S STRENGTHS IN BIOMEDICAL INFORMATICS AND CLINICAL TRIALS. |
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| IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus4Years | 0 | 11815 |
| IRS990ScheduleA/OtherIncome170/Total | 0 | 11815 |
| IRS990ScheduleA/PubliclySupportedOrg170b1Avi | 0 | X |
| IRS990ScheduleA/PublicSupportPertcentage170 | 0 | 0.78490 |
| IRS990ScheduleA/PublicSupportPertcentPriorYear | 0 | 0.66760 |
| IRS990ScheduleA/PublicSupportTotal170 | 0 | 7210664 |
| IRS990ScheduleA/ThirtyThreePercntTestsCY170 | 0 | X |
| IRS990ScheduleA/Total170/CurrentTaxYear | 0 | 965559 |
| IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year | 0 | 967199 |
| IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years | 0 | 2922983 |
| IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years | 0 | 1000000 |
| IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years | 0 | 1354923 |
| IRS990ScheduleA/Total170/Total | 0 | 7210664 |
| IRS990ScheduleA/TotalSupport | 0 | 9187204 |
| IRS990ScheduleB/ContributorInfo/AggregateContributions | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNumber | 0 | RESTRICTED |
| IRS990/ScheduleBRequired | 0 | 1 |
| IRS990ScheduleC/DirectContactLegislators | 0 | 1 |
| IRS990ScheduleC/DirectContactLegislatorsAmount | 0 | 20000 |
| IRS990ScheduleC/Form990ScheduleCPartIV/Explanation | 0 | GREENLEAF PARTNERS WERE PAID $20,000 TO MEET WITH STATE LEGISLATORS TO ADVOCATE ON BEHALF OF BIOADVANCE. |
| IRS990ScheduleC/Form990ScheduleCPartIV/Identifier | 0 | EXPLANATION OF OTHER LOBBYING ACTIVITIES: |
| IRS990ScheduleC/Form990ScheduleCPartIV/ReturnReference | 0 | PART II-B, LINE 1I: |
| IRS990ScheduleC/GrantsOtherOrganizations | 0 | 0 |
| IRS990ScheduleC/MailingsMembers | 0 | 0 |
| IRS990ScheduleC/MediaAdvertisements | 0 | 0 |
| IRS990ScheduleC/NotDescribedIn501c3 | 0 | 0 |
| IRS990ScheduleC/OtherActivities | 0 | 0 |
| IRS990ScheduleC/PaidStaffOrManagement | 0 | 0 |
| IRS990ScheduleC/PublicationsOrBroadcast | 0 | 0 |
| IRS990ScheduleC/RalliesDemonstrations | 0 | 0 |
| IRS990ScheduleC/TotalLobbyingExpendituresIIB | 0 | 20000 |
| IRS990ScheduleC/Volunteers | 0 | 0 |
| IRS990ScheduleD/Equipment/BookValue | 0 | 21063 |
| IRS990ScheduleD/Equipment/Depreciation | 0 | 130811 |
| IRS990ScheduleD/Equipment/OtherCostOrOtherBasis | 0 | 151874 |
| IRS990ScheduleD/ExcessOrDeficitForYear | 0 | -1075189 |
| IRS990ScheduleD/ExcessOrDeficitPerFS | 0 | -617103 |
| IRS990ScheduleD/ExpensesNotRptdF990 | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptdOnFinStmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotal | 0 | 2129907 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 0 | BIOADVANCE RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF THE INCOME TAX PROVISION. THERE WAS NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR THE YEARS ENDED JUNE 30, 2011 AND 2010. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 1 | NET UNREALIZED GAINS ON PORTFOLIO INVESTMENTS 479,799. NET UNREALIZED LOSSES ON MARKETABLE INVESTMENTS -21,713. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 0 | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 1 | PART XI, LINE 8 - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 0 | PART X: |
| IRS990ScheduleD/InvestmentsProgramRelated/BookValue | 0 | 2729749 |
| IRS990ScheduleD/InvestmentsProgramRelated/BookValue | 1 | 50129 |
| IRS990ScheduleD/InvestmentsProgramRelated/Description | 0 | PREFERRED STOCK |
| IRS990ScheduleD/InvestmentsProgramRelated/Description | 1 | COMMON STOCK |
| IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation | 0 | F |
| IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation | 1 | F |
| IRS990ScheduleD/OtherAmount | 0 | 458086 |
| IRS990ScheduleD/RevenueNotRptdF990 | 0 | 0 |
| IRS990ScheduleD/RevenueNotRptdOnFinStmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotal | 0 | 1054718 |
| IRS990ScheduleD/TotalAdjustments | 0 | 458086 |
| IRS990ScheduleD/TotalExpenses | 0 | 2129907 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 2129907 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 21063 |
| IRS990ScheduleD/TotalOfBookValueProgramRelated | 0 | 2779878 |
| IRS990ScheduleD/TotalRevenue | 0 | 1054718 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 1054718 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 2129907 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $27,011,673
- Liabilities
- $364,805
- Net assets
- $26,646,868
- Revenue
- -
- Expenses
- $2,129,907
- Net income
- -