Civic Intelligence

Life Science Tennessee Inc

990EZ • Fiscal year 2013 • EIN 62-1776913

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 13, 2014

217 Fifth Avenue North No 20037219

(615) 242-8856

Siviq Scores

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

Liabilities / Assets

54th percentile

0.01x

Higher debt load relative to assets than 54% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

52nd percentile

0.00x

Higher debt load relative to revenue than 52% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Net Margin

85th percentile

21%

Higher net margin than 85% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Asset Growth

58th percentile

6.5%

Faster asset growth than 58% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

41st percentile

-2.0%

Faster revenue growth than 41% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Up

$72,642

Up $4,446 (+6.5%) from 2012

Net Assets

Up

$72,012

Up $37,879 (+111%) from 2012

Liabilities

Down

$630

Down $33,433 (-98%) from 2012

Revenue

Down

$178,905

Down $3,649 (-2.0%) from 2012

Expenses

Down

$141,026

Down $62,634 (-31%) from 2012

Net Income

Up

$37,879

Up $58,985 (+279%) from 2012

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $70,703Liabilities 2010: $11,6832010Assets 2011: $56,411Liabilities 2011: $1,1722011Assets 2012: $68,196Liabilities 2012: $34,063Net Assets 2012: $34,1332012Assets 2013: $72,642Liabilities 2013: $630Net Assets 2013: $72,0122013Assets 2014: $124,746Liabilities 2014: $0Net Assets 2014: $124,7462014Assets 2015: $148,058Liabilities 2015: $15,325Net Assets 2015: $132,7332015Assets 2016: $71,558Liabilities 2016: $0Net Assets 2016: $71,5582016Assets 2017: $68,955Liabilities 2017: $0Net Assets 2017: $68,9552017Assets 2018: $102,830Liabilities 2018: $0Net Assets 2018: $102,8302018Assets 2019: $63,107Liabilities 2019: $0Net Assets 2019: $63,1072019Assets 2020: $29,001Liabilities 2020: $0Net Assets 2020: $29,0012020Assets 2021: $109,572Liabilities 2021: $0Net Assets 2021: $109,5722021Assets 2022: $112,221Liabilities 2022: $0Net Assets 2022: $112,2212022Assets 2023: $165,365Liabilities 2023: $0Net Assets 2023: $165,3652023Assets 2024: $105,609Liabilities 2024: $0Net Assets 2024: $105,6092024

Highlighted filing

2013

Assets$72,642
Liabilities$630
Net Assets$72,012

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $197,456Expenses 2010: $184,299Net Income 2010: $13,1572010Revenue 2011: $173,385Expenses 2011: $177,166Net Income 2011: -$3,7812011Revenue 2012: $182,554Expenses 2012: $203,660Net Income 2012: -$21,1062012Revenue 2013: $178,905Expenses 2013: $141,026Net Income 2013: $37,8792013Revenue 2014: $261,074Expenses 2014: $208,340Net Income 2014: $52,7342014Revenue 2015: $273,029Expenses 2015: $265,042Net Income 2015: $7,9872015Revenue 2016: $233,446Expenses 2016: $248,864Net Income 2016: -$15,4182016Revenue 2017: $303,632Expenses 2017: $306,235Net Income 2017: -$2,6032017Revenue 2018: $328,966Expenses 2018: $295,091Net Income 2018: $33,8752018Revenue 2019: $280,044Expenses 2019: $319,767Net Income 2019: -$39,7232019Revenue 2020: $211,842Expenses 2020: $246,217Net Income 2020: -$34,3752020Revenue 2021: $287,328Expenses 2021: $206,757Net Income 2021: $80,5712021Revenue 2022: $222,888Expenses 2022: $220,239Net Income 2022: $2,6492022Revenue 2023: $189,426Expenses 2023: $136,282Net Income 2023: $53,1442023Revenue 2024: $258,278Expenses 2024: $318,034Net Income 2024: -$59,7562024

Highlighted filing

2013

Revenue$178,905
Expenses$141,026
Net Income$37,879
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 13, 2014
Return Version
2013v3.0
Gross Receipts
$178,905
Mission and Program Overview

Mission

Life science tennessee is a statewide, non-profit, member organization whose mission is to advance and grow the life science industry in tennessee through advocacy, partnerships and alignment with economic and workforce development.

To advance and grow the life science industry in tennessee through advocacy, partnerships, and alignment with economic and workforce development.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION SPONSORS TWO OR MORE MEMBERSHIP MEETINGS ANNUALLY AT WHICH MEMBERS DISCUSS ISSUES, PROBLEMS, AND OPPORTUNITIES COMMON TO THE BIOTECHNOLOGY INDUSTRY.$0$7,696
LIFE SCIENCE TENNESSEE HAS A MISSION TO EDUCATE AND ADVOCATE ON BEHALF OF THE INDUSTRY. ONCE A YEAR, LIFE SCIENCE TENNESSEE MEMBERS GATHER ON A SINGLE DAY IN NASHVILLE FOR OUR ANNUAL "DAY ON THE HILL" WHERE MEMBERS MEET ONE-ON-ONE IN THE OFFICES OF STATE LEGISLATORS DISCUSSING THE INDUSTRY, THE OPPORTUNITIES FOR GROWTH OF THE INDUSTRY IN TENNESSEE AS WELL AS ANY POLICY ISSUES OR OPPORTUNITIES THAT ARE IMPORTANT TO INDUSTRY GROWTH. FOR THIS DAY, MATERIALS ARE PRINTED THAT OUTLINE THE LIFE SCIENCES INDUSTRY IN TENNESSEE AND A RECEPTION IS HELD WHERE ALL LEGISLATORS ARE INVITED.$0$7,667
THE ORGANIZATION PROVIDES MEMBERS WITH INFORMATION RELEVANT TO THE INDUSTRY THROUGH NEWSLETTERS, ETC.$0$3,352
REPRESENTATIVES ATTEND REGIONAL, NATIONAL, AND INTERNATIONAL CONFERENCES AND SEMINARS TO DISCUSS ISSUES, PROBLEMS, AND OPPORTUNITIES COMMON TO THE BIOTECHNOLOGY INDUSTRY.$1,200$1,596
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOE COOKPast Chairman-$0--
SAM LYNCHChairman-$0--
STEVE BARESVice Chairman-$0--
GLENN PERDUETreasurer-$0--
KELLY TILLERBoard Member-$0--
BILL TAAFFEExecutive Committee-$0--
TOM BALLARDExecutive Committee-$0--
ALAN BENTLEYSecretary-$0--
LESLIE WISNER-LYNCHEx Officio-$0--
BRUCE DOEGExecutive Committee-$0--
DAVID BLACKExecutive Committee-$0--
KIM DENTONBoard Member-$0--
Filing and Contact Details

Filer

EIN
62-1776913
Phone
6152428856

Signing Officer

Name
Sam Lynch
Title
Chairman
Phone
6152428856
Signed
2014-08-13
Discuss with paid preparer
Yes

Preparer

Preparer
Frances E Leahy
Phone
6152427351
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 3.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: bio business solutions rebate. Amount: 4,240.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank charges. Amount: 596. Description: marketing. Amount: 3,352. Description: licenses & permits. Amount: 42. Description: travel. Amount: 249. Description: office expenses. Amount: 892. Description: conferences. Amount: 1,596. Description: regional events. Amount: 7,696. Description: web hosting/updates. Amount: 5,500. Description: day on the hill. Amount: 7,667. Description: liability insurance. Amount: 1,020. Total to form 990-ez, line 16: 28,610.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 23,575. End of year amount: 16,500.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 34,063. End of year amount: 630.

Raw XML Appendix198 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/PersonNm11KIM DENTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PAST CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5EXECUTIVE COMMITTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6EXECUTIVE COMMITTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9EXECUTIVE COMMITTEE
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IRS990EZ/PrimaryExemptPurposeTxt0TO ADVANCE AND GROW THE LIFE SCIENCE INDUSTRY IN TENNESSEE THROUGH ADVOCACY, PARTNERSHIPS, AND ALIGNMENT WITH ECONOMIC AND WORKFORCE DEVELOPMENT.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0REPRESENTATIVES ATTEND REGIONAL, NATIONAL, AND INTERNATIONAL CONFERENCES AND SEMINARS TO DISCUSS ISSUES, PROBLEMS, AND OPPORTUNITIES COMMON TO THE BIOTECHNOLOGY INDUSTRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE ORGANIZATION SPONSORS TWO OR MORE MEMBERSHIP MEETINGS ANNUALLY AT WHICH MEMBERS DISCUSS ISSUES, PROBLEMS, AND OPPORTUNITIES COMMON TO THE BIOTECHNOLOGY INDUSTRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE ORGANIZATION PROVIDES MEMBERS WITH INFORMATION RELEVANT TO THE INDUSTRY THROUGH NEWSLETTERS, ETC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3LIFE SCIENCE TENNESSEE HAS A MISSION TO EDUCATE AND ADVOCATE ON BEHALF OF THE INDUSTRY. ONCE A YEAR, LIFE SCIENCE TENNESSEE MEMBERS GATHER ON A SINGLE DAY IN NASHVILLE FOR OUR ANNUAL "DAY ON THE HILL" WHERE MEMBERS MEET ONE-ON-ONE IN THE OFFICES OF STATE LEGISLATORS DISCUSSING THE INDUSTRY, THE OPPORTUNITIES FOR GROWTH OF THE INDUSTRY IN TENNESSEE AS WELL AS ANY POLICY ISSUES OR OPPORTUNITIES THAT ARE IMPORTANT TO INDUSTRY GROWTH. FOR THIS DAY, MATERIALS ARE PRINTED THAT OUTLINE THE LIFE SCIENCES INDUSTRY IN TENNESSEE AND A RECEPTION IS HELD WHERE ALL LEGISLATORS ARE INVITED.
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IRS990EZ/WebsiteAddressTxt0WWW.LIFESCIENCETN.ORG
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 3.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BIO BUSINESS SOLUTIONS REBATE. AMOUNT: 4,240.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BANK CHARGES. AMOUNT: 596. DESCRIPTION: MARKETING. AMOUNT: 3,352. DESCRIPTION: LICENSES & PERMITS. AMOUNT: 42. DESCRIPTION: TRAVEL. AMOUNT: 249. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 892. DESCRIPTION: CONFERENCES. AMOUNT: 1,596. DESCRIPTION: REGIONAL EVENTS. AMOUNT: 7,696. DESCRIPTION: WEB HOSTING/UPDATES. AMOUNT: 5,500. DESCRIPTION: DAY ON THE HILL. AMOUNT: 7,667. DESCRIPTION: LIABILITY INSURANCE. AMOUNT: 1,020. TOTAL TO FORM 990-EZ, LINE 16: 28,610.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 23,575. END OF YEAR AMOUNT: 16,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 34,063. END OF YEAR AMOUNT: 630.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SAM LYNCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum06152428856
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine10LIFE SCIENCE TENNESSEE INC
ReturnHeader/Filer/BusinessNameControlTxt0LIFE
ReturnHeader/Filer/EIN0621776913
ReturnHeader/Filer/PhoneNum06152428856
ReturnHeader/Filer/USAddress/AddressLine10217 FIFTH AVENUE NORTH NO 200
ReturnHeader/Filer/USAddress/City0NASHVILLE
ReturnHeader/Filer/USAddress/State0TN
ReturnHeader/Filer/USAddress/ZIPCode037219
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0620713250
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10KRAFTCPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10555 GREAT CIRCLE ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0NASHVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode037228
ReturnHeader/PreparerPersonGrp/PhoneNum06152427351
ReturnHeader/PreparerPersonGrp/PreparationDt02014-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANCES E LEAHY
ReturnHeader/ReturnTs02014-08-13T14:57:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.00$1.06$2.58$3.18$0.60
2023Summary only. Only limited summary data is available for this year.$1.65$0.00$1.65$1.89$1.36$0.53
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.00$1.12$2.23$2.20$0.03
2021Summary only. Only limited summary data is available for this year.$1.10$0.00$1.10$2.87$2.07$0.81
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$2.12$2.46$0.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.00$0.63$2.80$3.20$0.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.00$1.03$3.29$2.95$0.34
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.00$0.69$3.04$3.06$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.00$0.72$2.33$2.49$0.15
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.15$1.33$2.73$2.65$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$2.61$2.08$0.53
2013Detailed filing. Detailed filing data is available for this year.$0.73$0.01$0.72$1.79$1.41$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.34$0.34$1.83$2.04$0.21
2011Summary only. Only limited summary data is available for this year.$0.56$0.01$1.73$1.77$0.04
2010Summary only. Only limited summary data is available for this year.$0.71$0.12$1.97$1.84$0.13
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)6 • <$500k nonprofits