Civic Intelligence

Bio Northtexas Inc

990EZ • Fiscal year 2019 • EIN 47-1752944

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 16, 2020

2330 Inwood Rd Ste 340Dallas, TX 75235

(817) 952-9300

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.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.00x

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

38th percentile

-1.6%

Higher net margin than 38% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$78,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 55.0% of source-year revenue.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

23rd percentile

-13%

Faster asset growth than 23% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

91st percentile

43%

Faster revenue growth than 91% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$15,394

Down $2,252 (-13%) from 2018

Net Assets

Down

$15,394

Down $2,252 (-13%) from 2018

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$141,834

Up $42,957 (+43%) from 2018

Expenses

Up

$144,086

Up $28,000 (+24%) from 2018

Net Income

Up

-$2,252

Up $14,957 (+87%) from 2018

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2015: $22,800Net 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: $15,394Liabilities 2019: $0Net Assets 2019: $15,3942019Assets 2020: $1,511Net Assets 2020: $1,5112020

Highlighted filing

2019

Assets$15,394
Liabilities$0
Net Assets$15,394

Operations Trend

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

2019

Revenue$141,834
Expenses$144,086
Net Income-$2,252
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 16, 2020
Return Version
2019v5.0
Gross Receipts
$141,834
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 Summit Annual Conference - Attendees network, create partnerships, sales and innovation through the collaborative nature of the events.--
Event Forums - Regional networking and educational events with speakers and/or panels on various industry topics.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jorge VarelaCEOPT$78,000-$78,000
Jason WietjesVice President-$0--
Frank GrasslerSecretary-$0--
Kristin LonerganDirector-$0--
David FosterDirector-$0--
Arthur ClappDirector-$0--
Duane DimosDirector-$0--
Jaime WalkowiakDirector-$0--
Maxwell LeaDirector-$0--
Kathleen GibsonDirector-$0--
Dave CarlsonDirector-$0--
Melissa KrauthDirector-$0--
Terry FosterDirector-$0--
Debbie HutchinsonDirector-$0--
Milton De La PazDirector-$0--
Darlene BoudreauxCFOPT$0--
Filing and Contact Details

Filer

Filer Name
BioNorthTexas Inc
EIN
47-1752944
Phone
8179529300
Address
2330 Inwood Rd Ste 340, Dallas, TX 75235

Signing Officer

Name
Jorge Varela
Title
Chairman
Signed
2020-03-16
Discuss with paid preparer
Yes

Preparer

Firm
Darlene M Boudreaux CPA
Address
700 Camelot Ct, Willow Park, TX 76087
Preparer
Darlene Boudreaux
Phone
8179290628
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $4317

Other Expenses.1002

Office Expenses $3057

Other Expenses.1003

Information Technology $3775

Other Expenses.1005

Travel $1814

Other Expenses.1007

Conferences, Conventions, and Meetings $3549

Other Expenses.1012

Insurance $920

Other Expenses.1

Meals/catering $21574

Other Expenses.2

Event supplies $12287

Other Expenses.3

Event consultant $6219

Other Expenses.4

Facility rentals $2800

Other Expenses.5

Photographer $2165

Other Expenses.6

Dues $1765

Other Expenses.7

Banking fees $870

Other Expenses.8

Board meetings $24

Raw XML Appendix180 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jason Wietjes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Frank Grassler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kristin Lonergan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4David Foster
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Arthur Clapp
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Duane Dimos
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Jaime Walkowiak
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt15CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt065136
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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/ProgramServiceRevenueAmt060007
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.bionorthtx.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $4317
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $3057
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $3775
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $1814
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Conferences, Conventions, and Meetings $3549
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $920
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Meals/catering $21574
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Event supplies $12287
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Event consultant $6219
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Facility rentals $2800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Photographer $2165
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Dues $1765
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Banking fees $870
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Board meetings $24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1005
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1012
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.4
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.7
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ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jorge Varela
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BioNorthTexas Inc
ReturnHeader/Filer/BusinessNameControlTxt0BION
ReturnHeader/Filer/EIN0471752944
ReturnHeader/Filer/PhoneNum08179529300
ReturnHeader/Filer/USAddress/AddressLine1Txt02330 Inwood Rd Ste 340
ReturnHeader/Filer/USAddress/CityNm0Dallas
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075235
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0825007169
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Darlene M Boudreaux CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0700 Camelot Ct
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Willow Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076087
ReturnHeader/PreparerPersonGrp/PhoneNum08179290628
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Darlene Boudreaux
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-03-16T06:35:49-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings