Civic Intelligence

Keystone for Incubating Innovation in Life Sciences Network Inc

990EZ • Fiscal year 2018 • EIN 46-4938122

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

180 Varick St No 526New York, NY 10014

(917) 690-3676

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

13th percentile

-28%

Higher net margin than 13% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

28th percentile

-11%

Faster asset growth than 28% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

7th percentile

-61%

Faster revenue growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$82,061

Down $10,130 (-11%) from 2017

Net Assets

$81,785

No earlier filing loaded for comparison.

Liabilities

Down

$276

Down $181 (-40%) from 2017

Revenue

Down

$35,712

Down $55,688 (-61%) from 2017

Expenses

Up

$45,661

Up $4,705 (+11%) from 2017

Net Income

Down

-$9,949

Down $60,393 (-120%) from 2017

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2015: $43,746Liabilities 2015: $0Net Assets 2015: $43,7462015Assets 2016: $41,449Liabilities 2016: $1592016Assets 2017: $92,191Liabilities 2017: $4572017Assets 2018: $82,061Liabilities 2018: $276Net Assets 2018: $81,7852018Assets 2019: $29,202Liabilities 2019: $287Net Assets 2019: $28,9152019Assets 2020: $26,647Liabilities 2020: $287Net Assets 2020: $26,3602020Assets 2021: $25,347Liabilities 2021: $287Net Assets 2021: $25,0602021Assets 2022: $24,416Liabilities 2022: $287Net Assets 2022: $24,1292022Assets 2023: $22,296Liabilities 2023: $2872023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2018

Assets$82,061
Liabilities$276
Net Assets$81,785

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2015: $50,000Expenses 2015: $6,254Net Income 2015: $43,7462015Revenue 2016: $33,068Expenses 2016: $35,524Net Income 2016: -$2,4562016Revenue 2017: $91,400Expenses 2017: $40,956Net Income 2017: $50,4442017Revenue 2018: $35,712Expenses 2018: $45,661Net Income 2018: -$9,9492018Revenue 2019: $0Expenses 2019: $52,870Net Income 2019: -$52,8702019Revenue 2020: $0Expenses 2020: $2,555Net Income 2020: -$2,5552020Revenue 2021: $0Expenses 2021: $1,300Net Income 2021: -$1,3002021Revenue 2022: $0Expenses 2022: $931Net Income 2022: -$9312022Revenue 2023: $0Expenses 2023: $2,120Net Income 2023: -$2,1202023Revenue 2024: $0Expenses 2024: $22,010Net Income 2024: -$22,0102024

Highlighted filing

2018

Revenue$35,712
Expenses$45,661
Net Income-$9,949
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$35,712
Mission and Program Overview

Mission

The primary purpose of kiiln is to foster scientific research of biotechnology companies focused on medical advances including the development of new techniques, devices and cures/treatments for disease, and to provide resources to support the new york biotechnology innovation community to develop innovations commercially for public benefit.

Program Services

DescriptionGrantsExpenses
CONFERENCE PROGRAM TO BRING TOGETHER ENTREPRENEURS,SCIENTISTS,INVESTORS,AND EXECUTIVES FOR AN OFF AND ON THE RECORD,SMALLFORMAT EVENT THAT WOULD FOSTERS CONNECTIVITY BETWEEN THE KEY PLAYERS SHAPING NEW YORK ECOSYSTEMFOR BIOMEDICAL ENTREPRENEURSHIP.THESE INNOVATORS ARE THE FOUNDATION UPON WHICH THE FUTURE SUCCESSES IN NYCBIOMEDICINE WILL BE BUILT AND THOSE THAT THE NEXT GENERATION OF SUCCESSESWILL LOOK UP TO.$0$0
DEVELOPMENT OF VIRTUAL INCUBATOR FOR BIOTECH STARTUPS AND BUSINESS SERVICE PROVIDERS$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICOLE MCKNIGHTDirector-$0--
MERINA VARGHESEDirector-$0--
YANA ZORINADirector-$0--
GABRIELLA CASALENADirector-$0--
ILSE DAEHNDirector-$0--
Filing and Contact Details

Filer

Filer Name
Keystone for Incubating Innovation in
EIN
46-4938122
Phone
9176903676
Address
180 VARICK ST NO 526, NEW YORK, NY 10014

Signing Officer

Name
Nicole Mcknight
Title
President
Phone
9176903676
Signed
2019-11-13
Discuss with paid preparer
Yes

Preparer

Firm
John R Lieberman Cpapfs
Address
299 PARK AVE 2ND FL PERELSON, NEW YORK, NY 10171-0002
Preparer
John Lieberman
Phone
2126053151
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: dues and subscriptions. Amount: 650. Description: conferences meeting and seminars. Amount: 288. Description: bank fees. Amount: 4. Description: marketing and advertising. Amount: 22,002. Description: website hosting. Amount: 26. Description: insurance. Amount: 1,211. Description: taxes and licences. Amount: 82. Total to form 990-ez, line 16: 24,263.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: credit card payment due. Beg. Of year amount: 199. End of year amount: 0. Description: accounts payable. Beg. Of year amount: 258. End of year amount: 276.

Raw XML Appendix165 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NICOLE MCKNIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MERINA VARGHESE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2YANA ZORINA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GABRIELLA CASALENA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ILSE DAEHN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt024263
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY PURPOSE OF KIILN IS TO FOSTER SCIENTIFIC RESEARCH OF BIOTECHNOLOGY COMPANIES FOCUSED ON MEDICAL ADVANCES INCLUDING THE DEVELOPMENT OF NEW TECHNIQUES, DEVICES AND CURES/TREATMENTS FOR DISEASE, AND TO PROVIDE RESOURCES TO SUPPORT THE NEW YORK BIOTECHNOLOGY INNOVATION COMMUNITY TO DEVELOP INNOVATIONS COMMERCIALLY FOR PUBLIC BENEFIT.
IRS990EZ/PrintingPublicationsPostageAmt0614
IRS990EZ/ProgramServiceRevenueAmt035712
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONFERENCE PROGRAM TO BRING TOGETHER ENTREPRENEURS,SCIENTISTS,INVESTORS,AND EXECUTIVES FOR AN OFF AND ON THE RECORD,SMALLFORMAT EVENT THAT WOULD FOSTERS CONNECTIVITY BETWEEN THE KEY PLAYERS SHAPING NEW YORK ECOSYSTEMFOR BIOMEDICAL ENTREPRENEURSHIP.THESE INNOVATORS ARE THE FOUNDATION UPON WHICH THE FUTURE SUCCESSES IN NYCBIOMEDICINE WILL BE BUILT AND THOSE THAT THE NEXT GENERATION OF SUCCESSESWILL LOOK UP TO.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1DEVELOPMENT OF VIRTUAL INCUBATOR FOR BIOTECH STARTUPS AND BUSINESS SERVICE PROVIDERS
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0276
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt045661
IRS990EZ/TotalProgramServiceExpensesAmt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.KIILN.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0100000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt041400
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt032568
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt073968
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0500
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0500
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt091400
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt033068
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IRS990ScheduleA/Total509Grp/TotalAmt0174468
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt091400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt033068
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt050000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0174468
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 650. DESCRIPTION: CONFERENCES MEETING AND SEMINARS. AMOUNT: 288. DESCRIPTION: BANK FEES. AMOUNT: 4. DESCRIPTION: MARKETING AND ADVERTISING. AMOUNT: 22,002. DESCRIPTION: WEBSITE HOSTING. AMOUNT: 26. DESCRIPTION: INSURANCE. AMOUNT: 1,211. DESCRIPTION: TAXES AND LICENCES. AMOUNT: 82. TOTAL TO FORM 990-EZ, LINE 16: 24,263.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: CREDIT CARD PAYMENT DUE. BEG. OF YEAR AMOUNT: 199. END OF YEAR AMOUNT: 0. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 258. END OF YEAR AMOUNT: 276.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NICOLE MCKNIGHT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09176903676
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KEYSTONE FOR INCUBATING INNOVATION IN
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0LIFE SCIENCES NETWORK (KIILN) INC
ReturnHeader/Filer/BusinessNameControlTxt0KEYS
ReturnHeader/Filer/EIN0464938122
ReturnHeader/Filer/PhoneNum09176903676
ReturnHeader/Filer/USAddress/AddressLine1Txt0180 VARICK ST NO 526
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010014
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.121.162.130
ReturnHeader/FilingSecurityInformation/IPDt02019-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm013:59:34
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133217441
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN R LIEBERMAN CPAPFS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0299 PARK AVE 2ND FL PERELSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0101710002
ReturnHeader/PreparerPersonGrp/PhoneNum02126053151
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN LIEBERMAN
ReturnHeader/ReturnTs02019-11-14T10:32:40-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings