Civic Intelligence

Bio Northtexas Inc

990EZ • Fiscal year 2015 • EIN 47-1752944

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

Organization Profilewww.bionorthtx.org
1400 Civic Place Suite 221Southlake, TX 76092

(817) 581-3223

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

86th percentile

23%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

99th percentile

984%

Faster asset growth than 99% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

100th percentile

4216%

Faster revenue growth than 100% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets47th percentile

Assets

$22,800

No earlier filing loaded for comparison.

Net Assets

$22,800

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin86th percentile

Revenue

$91,288

No earlier filing loaded for comparison.

Expenses

$70,591

No earlier filing loaded for comparison.

Net Income

$20,697

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$60K$40K$20K$0Assets 2015: $22,800Liabilities 2015: $0Net Assets 2015: $22,8002015Assets 2016: $57,959Liabilities 2016: $0Net Assets 2016: $57,9592016Assets 2017: $34,855Net Assets 2017: $34,8552017Assets 2018: $17,646Net Assets 2018: $17,6462018Assets 2019: $15,394Net Assets 2019: $15,3942019Assets 2020: $1,511Net Assets 2020: $1,5112020

Highlighted filing

2015

Assets$22,800
Liabilities$0
Net Assets$22,800
Open 2015 Filing

Operations Trend

Revenue Growth100th percentile

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

$300K$200K$100K$0-$100KRevenue 2015: $91,288Expenses 2015: $70,591Net Income 2015: $20,6972015Revenue 2016: $212,296Expenses 2016: $177,137Net Income 2016: $35,1592016Revenue 2017: $94,472Expenses 2017: $117,576Net Income 2017: -$23,1042017Revenue 2018: $98,877Expenses 2018: $116,086Net Income 2018: -$17,2092018Revenue 2019: $141,834Expenses 2019: $144,086Net Income 2019: -$2,2522019Revenue 2020: $63,429Expenses 2020: $77,312Net Income 2020: -$13,8832020

Highlighted filing

2015

Revenue$91,288
Expenses$70,591
Net Income$20,697
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.0
Gross Receipts
$91,288
Mission and Program Overview

Mission

The organization is devoted to promoting and improving business conditions of the life science and biotechnology community of North Texas. It improves collaboration and networking between members alliance organizations and industry stakeholders; supports the development cycle of life sciences innovation from ideation through commercialization; promotes access to capital and provides funding-focused education for early stage and university based technology innovations; promotes industry awareness and partnership opportunities with academic institutions, incubators, and economic development entities; creates effective mechanisms to foster the convergence of industry and science; develops programs to attract, train and retain life sciences talent in the North Texas region; provides a forum for advocacy at the regional, state and national level; and promotes and improves the reputation of North Texas as a premier life science innovation region and a desired place to work and live.

Program Services

DescriptionGrantsExpenses
iC3 Life Science Conference - In September 2015 the inaugural iC3 Life Science Conference was held in the DFW area. More than 270 community representatives were in attendance at this all day event featuring presentations by the Honorable Jim Greenwood from Bio, Tom Kowalski from Texas Healthcare and Bioscience Institute and many presentations from the DFW biotech/life science community.$40,943-
Regional Breakfast Forums - Five regional networking and educational events with speakers and/or panels on various industry topics.$5,143-
Regulator/Quality Assurance Committee Meetings - Four meetings were hosted at Ceutical Labs (member company) for the purpose of networking and education with speaker topics on regulatory issues.$2,204-
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melissa KrauthChair/President-$0--
Kay TiemanCOO-$0--
Terry FosterExecutive-$0--
Chris ComishMedia Liasion-$0--
David FosterSecretary-$0--
Dave CarlsonTreasurer-$0--
Frank GrasslerVice Chair-$0--
Art ClappBoard Member-$0--
Vipin GargBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Bio NorthTexas Inc
EIN
47-1752944
Address
1400 Civic Place Suite 221, Southlake, TX 76092

Signing Officer

Name
Dave Carlson
Title
Treasurer
Signed
2016-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Pine and Company CPAs PLLC
Address
768 BANDIT TRL, KELLER, TX 76248
Preparer
Michael Pine CPA
Phone
8175813223
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $4463”

Other Expenses.1002

“Office Expenses $4243”

Other Expenses.1003

“Information Technology $1714”

Other Expenses.1005

“Travel $5733”

Other Expenses.1012

“Insurance $630”

Other Expenses.1

“Event Expenses $48290”

Other Expenses.2

“Meals $425”

Other Expenses.3

“Banking Fees $107”

Raw XML Appendix138 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Dave Carlson
IRS990EZ/BooksInCareOfDetail/PhoneNum08175813223
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01400 Civic Place Suite 221
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Southlake
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076902
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02103
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt022800
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt020697
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04986
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02103
IRS990EZ/Form990TotalAssetsGrp/EOYAmt022800
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt091288
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt046740
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02103
IRS990EZ/NetAssetsOrFundBalancesEOYAmt022800
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02103
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt022800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Melissa Krauth
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kay Tieman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Terry Foster
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Chris Comish
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4David Foster
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Dave Carlson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Frank Grassler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Art Clapp
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Vipin Garg
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chair/President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1COO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Executive
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Media Liasion
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Vice Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt065605
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The organization is devoted to promoting and improving business conditions of the life science and biotechnology community of North Texas. It improves collaboration and networking between members alliance organizations and industry stakeholders; supports the development cycle of life sciences innovation from ideation through commercialization; promotes access to capital and provides funding-focused education for early stage and university based technology innovations; promotes industry awareness and partnership opportunities with academic institutions, incubators, and economic development entities; creates effective mechanisms to foster the convergence of industry and science; develops programs to attract, train and retain life sciences talent in the North Texas region; provides a forum for advocacy at the regional, state and national level; and promotes and improves the reputation of North Texas as a premier life science innovation region and a desired place to work and live.
IRS990EZ/ProgramServiceRevenueAmt044548
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0iC3 Life Science Conference - In September 2015 the inaugural iC3 Life Science Conference was held in the DFW area. More than 270 community representatives were in attendance at this all day event featuring presentations by the Honorable Jim Greenwood from Bio, Tom Kowalski from Texas Healthcare and Bioscience Institute and many presentations from the DFW biotech/life science community.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Regional Breakfast Forums - Five regional networking and educational events with speakers and/or panels on various industry topics.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Regulator/Quality Assurance Committee Meetings - Four meetings were hosted at Ceutical Labs (member company) for the purpose of networking and education with speaker topics on regulatory issues.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt040943
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt15143
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt22204
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt070591
IRS990EZ/TotalProgramServiceExpensesAmt048290
IRS990EZ/TotalRevenueAmt091288
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.bionorthtx.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $4463
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $4243
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $1714
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $5733
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $630
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Event Expenses $48290
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Meals $425
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Banking Fees $107
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.3
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dave Carlson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bio NorthTexas Inc
ReturnHeader/Filer/BusinessNameControlTxt0BION
ReturnHeader/Filer/EIN0471752944
ReturnHeader/Filer/USAddress/AddressLine1Txt01400 Civic Place Suite 221
ReturnHeader/Filer/USAddress/CityNm0Southlake
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076092
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Pine and Company CPAs PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0768 BANDIT TRL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KELLER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076248
ReturnHeader/PreparerPersonGrp/PhoneNum08175813223
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Pine CPA
ReturnHeader/ReturnTs02016-11-15T08:43:07-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,800
Liabilities
$0
Net assets
$22,800
Revenue
$91,288
Expenses
$70,591
Net income
$20,697
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.02$0.63$0.77$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.15$1.42$1.44$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.18$0.18$0.99$1.16$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.35$0.94$1.18$0.23
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.00$0.58$2.12$1.77$0.35
2015Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.91$0.71$0.21