Civic Intelligence

Biotechnology Innovation Organization

990 • Fiscal year 2023 • EIN 52-1224577

Jan 01, 2023 to Dec 31, 2023

Organization ProfileWWW.BIO.ORG
Washington, DC
Siviq Scores

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

Liabilities / Assets

71st percentile

0.51x

Higher debt load relative to assets than 71% of similar nonprofits.

2023 filings • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.70x

Higher debt load relative to revenue than 62% of similar nonprofits.

2023 filings • $100M-$250M nonprofits • Source year 2023

Net Margin

78th percentile

19%

Higher net margin than 78% of similar nonprofits.

2023 filings • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2023

Asset Growth

90th percentile

26%

Faster asset growth than 90% of similar nonprofits.

2023 filings • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

64th percentile

10%

Faster revenue growth than 64% of similar nonprofits.

2023 filings • $100M-$250M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$156,639,347

Up $32,226,747 (+26%) from 2022

Net Assets

Up

$77,360,027

Up $26,595,830 (+52%) from 2022

Liabilities

Up

$79,279,320

Up $5,630,917 (+7.6%) from 2022

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin78th percentile

Revenue

Up

$113,768,509

Up $10,583,334 (+10%) from 2022

Expenses

Up

$91,630,164

Up $5,286,054 (+6.1%) from 2022

Net Income

Up

$22,138,345

Up $5,297,280 (+31%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$200M$150M$100M$50M$0Assets 2010: $65,414,013Liabilities 2010: $26,464,995Net Assets 2010: $38,949,0182010Assets 2011: $65,857,637Liabilities 2011: $27,777,267Net Assets 2011: $38,080,3702011Assets 2012: $65,054,922Liabilities 2012: $26,151,093Net Assets 2012: $38,903,8292012Assets 2013: $66,638,973Liabilities 2013: $26,153,882Net Assets 2013: $40,485,0912013Assets 2014: $68,085,013Liabilities 2014: $26,015,982Net Assets 2014: $42,069,0312014Assets 2015: $73,452,800Liabilities 2015: $33,238,643Net Assets 2015: $40,214,1572015Assets 2016: $73,322,307Liabilities 2016: $33,540,196Net Assets 2016: $39,782,1112016Assets 2017: $81,025,145Liabilities 2017: $34,368,598Net Assets 2017: $46,656,5472017Assets 2018: $78,940,053Liabilities 2018: $36,968,656Net Assets 2018: $41,971,3972018Assets 2019: $84,368,104Liabilities 2019: $36,733,362Net Assets 2019: $47,634,7422019Assets 2020: $76,544,473Liabilities 2020: $32,801,999Net Assets 2020: $43,742,4742020Assets 2021: $113,666,319Liabilities 2021: $69,410,674Net Assets 2021: $44,255,6452021Assets 2022: $124,412,600Liabilities 2022: $73,648,403Net Assets 2022: $50,764,1972022Assets 2023: $156,639,347Liabilities 2023: $79,279,320Net Assets 2023: $77,360,0272023Assets 2024: $170,089,094Liabilities 2024: $76,918,293Net Assets 2024: $93,170,8012024

Highlighted filing

2023

Assets$156,639,347
Liabilities$79,279,320
Net Assets$77,360,027
Open 2023 Filing

Operations Trend

Revenue Growth64th percentile

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

$150M$100M$50M$0-$50MExpenses 2010: $58,750,1752010Expenses 2011: $60,961,4222011Revenue 2012: $62,287,423Expenses 2012: $64,927,338Net Income 2012: -$2,639,9152012Revenue 2013: $65,580,696Expenses 2013: $66,176,549Net Income 2013: -$595,8532013Revenue 2014: $66,817,299Expenses 2014: $66,132,964Net Income 2014: $684,3352014Revenue 2015: $74,524,520Expenses 2015: $67,799,834Net Income 2015: $6,724,6862015Revenue 2016: $76,915,410Expenses 2016: $79,374,677Net Income 2016: -$2,459,2672016Revenue 2017: $78,551,962Expenses 2017: $78,317,024Net Income 2017: $234,9382017Revenue 2018: $87,310,431Expenses 2018: $86,524,501Net Income 2018: $785,9302018Revenue 2019: $92,437,269Expenses 2019: $96,191,552Net Income 2019: -$3,754,2832019Revenue 2020: $77,279,517Expenses 2020: $81,844,658Net Income 2020: -$4,565,1412020Revenue 2021: $80,910,840Expenses 2021: $80,058,118Net Income 2021: $852,7222021Revenue 2022: $103,185,175Expenses 2022: $86,344,110Net Income 2022: $16,841,0652022Revenue 2023: $113,768,509Expenses 2023: $91,630,164Net Income 2023: $22,138,3452023Revenue 2024: $117,748,708Expenses 2024: $100,010,786Net Income 2024: $17,737,9222024

Highlighted filing

2023

Revenue$113,768,509
Expenses$91,630,164
Net Income$22,138,345
Open 2023 Filing
Filing Detail Status

This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Mission and Program Overview

Mission

The biotechnology innovation organization (bio) represents approximately 1,000 companies and organizations in washington dc, state capitals, and international fora. Bio is founded on the principle that policy must nurture innovation in the life sciences to overcome challenges in health care, agriculture, industry, and the environment. Our members represent companies offering a spectrum of biotechnology applications across major sectors of the economy. Bio members also include universities, nonprofits, patient groups, and other organizations that play an important role in the future of the life sciences. Bio's activities are broken down into two programs - advocacy and services.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$156,639,347
Liabilities
$79,279,320
Net assets
$77,360,027
Revenue
$113,768,509
Expenses
$91,630,164
Net income
$22,138,345
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$170$76.9$93.2$118$100$17.7
2023Summary only. Only limited summary data is available for this year.$157$79.3$77.4$114$91.6$22.1
2022Summary only. Only limited summary data is available for this year.$124$73.6$50.8$103$86.3$16.8
2021Summary only. Only limited summary data is available for this year.$114$69.4$44.3$80.9$80.1$0.85
2020Summary only. Only limited summary data is available for this year.$76.5$32.8$43.7$77.3$81.8$4.57
2019Summary only. Only limited summary data is available for this year.$84.4$36.7$47.6$92.4$96.2$3.75
2018Summary only. Only limited summary data is available for this year.$78.9$37.0$42.0$87.3$86.5$0.79
2017Summary only. Only limited summary data is available for this year.$81.0$34.4$46.7$78.6$78.3$0.23
2016Summary only. Only limited summary data is available for this year.$73.3$33.5$39.8$76.9$79.4$2.46
2015Summary only. Only limited summary data is available for this year.$73.5$33.2$40.2$74.5$67.8$6.72
2014Summary only. Only limited summary data is available for this year.$68.1$26.0$42.1$66.8$66.1$0.68
2013Summary only. Only limited summary data is available for this year.$66.6$26.2$40.5$65.6$66.2$0.60
2012Summary only. Only limited summary data is available for this year.$65.1$26.2$38.9$62.3$64.9$2.64
2011Summary only. Only limited summary data is available for this year.$65.9$27.8$38.1$61.0
2010Summary only. Only limited summary data is available for this year.$65.4$26.5$38.9$58.8
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)6 • $100M-$250M nonprofits