Civic Intelligence

Bio Northtexas Inc

990EZ • Fiscal year 2017 • EIN 47-1752944

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 20, 2018

Organization Profilewww.bionorthtx.org
2330 Inwood Road Suite 340Dallas, TX 75235

(817) 851-4324

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.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

47th percentile

0.00x

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

11th percentile

-24%

Higher net margin than 11% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

71st percentile

$5,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

8th percentile

-40%

Faster asset growth than 8% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

4th percentile

-55%

Faster revenue growth than 4% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$34,855

Down $23,104 (-40%) from 2016

Net Assets

Down

$34,855

Down $23,104 (-40%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin11th percentile

Revenue

Down

$94,472

Down $117,824 (-55%) from 2016

Expenses

Down

$117,576

Down $59,561 (-34%) from 2016

Net Income

Down

-$23,104

Down $58,263 (-166%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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: $34,855Liabilities 2017: $0Net 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

2017

Assets$34,855
Liabilities$0
Net Assets$34,855
Open 2017 Filing

Operations Trend

Revenue Growth4th 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

2017

Revenue$94,472
Expenses$117,576
Net Income-$23,104
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 20, 2018
Return Version
2017v2.2
Gross Receipts
$94,472
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 - All events serve the purpose of creating an opportunity for the industry to come together as an ecosystem. People network, create partnerships, sales and innovation through the collaborative nature of the events. The organization gets exposure through presenting and exhibiting, including follow up after the events.$22,447-
Event Forums - Regional networking and educational events with speakers and/or panels on various industry topics.$2,286-
Regulatory/Quality Assurance Committee Meetings - Hosted by Ceutical Labs (member company) for the purpose of networking and education with speaker topics on regulatory issues.--
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry FosterCEO & PresidentPT$5,000-$5,000
Melissa KrauthSecretary-$0--
Kay TiemanBoard Member-$0--
Jorge VarellaBoard Member-$0--
David FosterSecretary-$0--
Dave CarlsonTreasurer-$0--
Frank GrasslerCo-Chair-$0--
Art ClappBoard Member-$0--
Vipin GargBoard Member-$0--
Dr Duane DimosBoard Member-$0--
Maxwell LeaBoard Member-$0--
Debbie HutchinsonCo-Chair-$0--
Jamie WalkowiakBoard Member-$0--
Kathleen GibsonBoard Member-$0--
Jason WietjesBoard Member-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Bio NorthTexas Inc
EIN
47-1752944
Address
2330 Inwood Road Suite 340, Dallas, TX 75235

Signing Officer

Name
Dave Carlson
Title
Treasurer
Signed
2018-08-20
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 $8306”

Other Expenses.1002

“Office Expenses $3642”

Other Expenses.1003

“Information Technology $20173”

Other Expenses.1005

“Travel $5473”

Other Expenses.1012

“Insurance $928”

Other Expenses.1

“Event Expenses $24733”

Other Expenses.2

“Meals $5389”

Other Expenses.3

“Banking Fees $485”

Raw XML Appendix170 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/CityNm0Dallas
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075235
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IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01589
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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt055980
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt057959
IRS990EZ/NetAssetsOrFundBalancesEOYAmt034855
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt034855
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt25000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt140
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Melissa Krauth
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kay Tieman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Terry Foster
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jorge Varella
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4David Foster
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Dave Carlson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Frank Grassler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Art Clapp
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Vipin Garg
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Dr Duane Dimos
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Maxwell Lea
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11Debbie Hutchinson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12Jamie Walkowiak
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13Kathleen Gibson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm14Jason Wietjes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CEO & President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Co-Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Co-Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt069129
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/ProgramServiceRevenueAmt038492
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0iC3 Life Science Summit Annual Conference - All events serve the purpose of creating an opportunity for the industry to come together as an ecosystem. People network, create partnerships, sales and innovation through the collaborative nature of the events. The organization gets exposure through presenting and exhibiting, including follow up after the events.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Event Forums - Regional networking and educational events with speakers and/or panels on various industry topics.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Regulatory/Quality Assurance Committee Meetings - Hosted by Ceutical Labs (member company) for the purpose of networking and education with speaker topics on regulatory issues.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt022447
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt12286
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt046858
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0true
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0117576
IRS990EZ/TotalProgramServiceExpensesAmt024733
IRS990EZ/TotalRevenueAmt094472
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.bionorthtx.org
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0None.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I-A, Line 1 - Direct and Indirect Political Campaign Activities
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $8306
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $3642
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $20173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $5473
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $928
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Event Expenses $24733
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Meals $5389
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Banking Fees $485
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dave Carlson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bio NorthTexas Inc
ReturnHeader/Filer/BusinessNameControlTxt0BION
ReturnHeader/Filer/EIN0471752944
ReturnHeader/Filer/USAddress/AddressLine1Txt02330 Inwood Road Suite 340
ReturnHeader/Filer/USAddress/CityNm0Dallas
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075235
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472719527
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/ReturnTs02018-08-20T14:45:13-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,855
Liabilities
$0
Net assets
$34,855
Revenue
$94,472
Expenses
$117,576
Net income
-$23,104
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
2017Detailed filing. Detailed filing data is available for this year.$0.35$0.00$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$0.23$0.91$0.71$0.21