Civic Intelligence

Bioflorida Inc

990 • Fiscal year 2015 • EIN 59-3436638

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 12, 2016

901 NW 35th StreetBoca Raton, FL 33431

(561) 653-3839

Siviq Scores

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

Liabilities / Assets

38th percentile

0.03x

Higher debt load relative to assets than 38% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

31st percentile

0.01x

Higher debt load relative to revenue than 31% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Net Margin

84th percentile

17%

Higher net margin than 84% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

98th percentile

$254,623

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 25.9% of source-year revenue.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Asset Growth

96th percentile

83%

Faster asset growth than 96% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

45th percentile

1.6%

Faster revenue growth than 45% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$372,203

Up $168,898 (+83%) from 2014

Net Assets

Up

$360,936

Up $164,574 (+84%) from 2014

Liabilities

Up

$11,267

Up $4,324 (+62%) from 2014

Revenue

Up

$981,224

Up $15,585 (+1.6%) from 2014

Expenses

Down

$816,650

Down $61,186 (-7.0%) from 2014

Net Income

Up

$164,574

Up $76,771 (+87%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $117,887Liabilities 2010: $104,193Net Assets 2010: $13,6942010Assets 2011: $190,370Liabilities 2011: $122,563Net Assets 2011: $67,8072011Assets 2012: $200,550Liabilities 2012: $135,222Net Assets 2012: $65,3282012Assets 2013: $118,742Liabilities 2013: $10,183Net Assets 2013: $108,5592013Assets 2014: $203,305Liabilities 2014: $6,943Net Assets 2014: $196,3622014Assets 2015: $372,203Liabilities 2015: $11,267Net Assets 2015: $360,9362015Assets 2016: $647,295Liabilities 2016: $124,228Net Assets 2016: $523,0672016Assets 2017: $833,940Liabilities 2017: $62,750Net Assets 2017: $771,1902017Assets 2018: $1,049,596Liabilities 2018: $44,410Net Assets 2018: $1,005,1862018Assets 2019: $1,291,902Liabilities 2019: $21,591Net Assets 2019: $1,270,3112019Assets 2020: $1,501,100Liabilities 2020: $11,274Net Assets 2020: $1,489,8262020Assets 2021: $2,140,997Liabilities 2021: $31,254Net Assets 2021: $2,109,7432021Assets 2022: $2,908,507Liabilities 2022: $60,041Net Assets 2022: $2,848,4662022Assets 2023: $3,107,205Liabilities 2023: $77,438Net Assets 2023: $3,029,7672023Assets 2024: $2,956,197Liabilities 2024: $153,324Net Assets 2024: $2,802,8732024

Highlighted filing

2015

Assets$372,203
Liabilities$11,267
Net Assets$360,936

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $783,7722010Expenses 2011: $730,6942011Expenses 2012: $819,1602012Revenue 2013: $899,237Expenses 2013: $856,006Net Income 2013: $43,2312013Revenue 2014: $965,639Expenses 2014: $877,836Net Income 2014: $87,8032014Revenue 2015: $981,224Expenses 2015: $816,650Net Income 2015: $164,5742015Revenue 2016: $1,045,411Expenses 2016: $883,280Net Income 2016: $162,1312016Revenue 2017: $1,084,615Expenses 2017: $836,492Net Income 2017: $248,1232017Revenue 2018: $1,108,045Expenses 2018: $874,049Net Income 2018: $233,9962018Revenue 2019: $1,212,071Expenses 2019: $946,946Net Income 2019: $265,1252019Revenue 2020: $1,007,557Expenses 2020: $788,042Net Income 2020: $219,5152020Revenue 2021: $1,741,155Expenses 2021: $1,121,238Net Income 2021: $619,9172021Revenue 2022: $2,198,151Expenses 2022: $1,459,428Net Income 2022: $738,7232022Revenue 2023: $1,885,745Expenses 2023: $1,706,594Net Income 2023: $179,1512023Revenue 2024: $2,022,103Expenses 2024: $2,204,654Net Income 2024: -$182,5512024

Highlighted filing

2015

Revenue$981,224
Expenses$816,650
Net Income$164,574
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 12, 2016
Return Version
2015v2.1
Gross Receipts
$981,224
Mission and Program Overview

Mission

Bioflorida is the voice of floridas life sciences industry, representing nearly 5,500 establishments and research organizations in the biotechnology, pharmaceuticals, medical devices/diagnostics and bioagriculture sectors that collectively employ nearly 80,000 floridians.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$175,047-
Accounts Receivable$97,559$148,721▲ $51,162
Cash and Non-Interest-Bearing Accounts$103,967$47,367▼ $56,600
Land, Buildings, and Equipment, Net$1,779$1,068▼ $711
Total Assets$203,305$372,203▲ $168,898
Liabilities
Other Liabilities-$6,000-
Accounts Payable and Accrued Expenses$4,193$3,767▼ $426
Deferred Revenue$2,750$1,500▼ $1,250
Total Liabilities$6,943$11,267▲ $4,324
Net Assets / Fund Balance
Unrestricted Net Assets$196,362$360,936▲ $164,574
Total Net Assets Fund Balance$196,362$360,936▲ $164,574
Total Liabilities and Net Assets / Fund Balance$203,305$372,203▲ $168,898

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,068$1,744-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nancy K BryanPresident and CEOFT$200,000$54,623$254,623

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Paragon Events INCEvent Coordination352 NE 3RD AVENUE, Delray Beach, FL 33444$114,370
Revenue and Support

Revenue Composition

Contributions and Grants
$337,175
Program Service Revenue
$641,002
Investment Income
$0
Other Revenue
$3,047
Change in Net Assets
$164,574
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$432,462
Other Expenses$384,188
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$232,000
Other Salaries and Wages---$129,282
Other Employee Benefits---$42,085
Fees for Services Legal---$34,857
Travel---$20,012
Payroll Taxes---$19,124
Fees for Services Accounting---$19,075
Information Technology---$11,726
Fees for Services Lobbying---$11,619
Pension Plan Contributions---$9,971
Insurance---$7,147
Advertising---$5,890
All Other Expenses---$5,554
Other Expenses$4,670--$4,670
Office Expenses---$3,337
Depreciation Depletion---$711
Conferences and Meetings---$621
Fees for Services Other---$468
Interest---$279
Total Functional Expenses$0$0$0$816,650
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$12,716
Current Year Nondeductible Lobbying and Political Cost$11,619
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liability$6,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The organizaion has 272 voting members.

Member election for additional members Part VI line 7A

Members elect the board of directors. The board designates the officers.

Form 990 governing body review Part VI line 11

Form 990 was prepared by the organizations cpa, reviewed and approved by the president and ceo and the treasurer of biofolorda. Contemporaneously with the filing, a copy of form 990 was provided to all members of the executive committee of biofloridas board of directors.

CEO executive director top management comp Part VI line 15A

Ceo compensation was evaluated by the board in comparison to market.

Governing documents etc available to public Part VI line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Bioflorida Inc
EIN
59-3436638
Address
901 NW 35TH STREET, BOCA RATON, FL 33431

Signing Officer

Name
Nancy K Bryan
Title
President & CEO
Phone
5616533839
Signed
2016-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy K Bryan
Formed
1997
Legal Domicile
Fl
Voting Board Members
38
Independent Board Members
38
Employees
3
Volunteers
100

Preparer

Firm
Deanna D Fisher CPA & Assoc LLC
Address
15704 73rd Street North, Loxahatchee, FL 33470
Preparer
Deanna D Fisher
Phone
5612346451
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990, part iii, question 1 continuation:(source: battelle/bio state bioscience jobs, investments and innovation 2014). Biofloridas member-driven initiatives provide a strong business climate for the advancement of innovative products that improve lives and promote economic benefits to the state.

Raw XML AppendixShowing 400 of 629 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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IRS990/Form990PartVIISectionAGrp/PersonNm33LEE EVANS
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IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt36DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt37DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt38PRESIDENT AND CEO
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.96$0.15$2.80$2.02$2.20$0.18
2023Summary only. Only limited summary data is available for this year.$3.11$0.08$3.03$1.89$1.71$0.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.06$2.85$2.20$1.46$0.74
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.03$2.11$1.74$1.12$0.62
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.01$1.49$1.01$0.79$0.22
2019Summary only. Only limited summary data is available for this year.$1.29$0.02$1.27$1.21$0.95$0.27
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.04$1.01$1.11$0.87$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.06$0.77$1.08$0.84$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.12$0.52$1.05$0.88$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.37$0.01$0.36$0.98$0.82$0.16
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.20$0.97$0.88$0.09
2013Summary only. Only limited summary data is available for this year.$0.12$0.01$0.11$0.90$0.86$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.14$0.07$0.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.12$0.07$0.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.10$0.01$0.78