Civic Intelligence

Memphis Bioworks Foundation

990 • Fiscal year 2014 • EIN 62-1858660

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 05, 2015

Organization ProfileWWW.MEMPHISBIOWORKS.ORG

View Organization Page

20 S Dudley Ste 900Memphis, TN 38103

(901) 866-1400

Siviq Scores

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

Liabilities / Assets

36th percentile

0.18x

Higher debt load relative to assets than 36% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

84th percentile

2.19x

Higher debt load relative to revenue than 84% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

35th percentile

1.0%

Higher net margin than 35% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

62nd percentile

$398,936

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Asset Growth

39th percentile

3.0%

Faster asset growth than 39% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

90th percentile

57%

Faster revenue growth than 90% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$55,588,845

Up $1,620,304 (+3.0%) from 2013

Net Assets

Up

$45,457,607

Up $44,333 (+0.1%) from 2013

Liabilities

Up

$10,131,238

Up $1,575,971 (+18%) from 2013

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin35th percentile

Revenue

Up

$4,615,615

Up $1,680,071 (+57%) from 2013

Expenses

Up

$4,571,282

Up $586,727 (+15%) from 2013

Net Income

Up

$44,333

Up $1,093,344 (+104%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$80M$60M$40M$20M$0Assets 2011: $55,860,786Liabilities 2011: $9,168,729Net Assets 2011: $46,692,0572011Assets 2012: $55,221,626Liabilities 2012: $8,759,341Net Assets 2012: $46,462,2852012Assets 2013: $53,968,541Liabilities 2013: $8,555,267Net Assets 2013: $45,413,2742013Assets 2014: $55,588,845Liabilities 2014: $10,131,238Net Assets 2014: $45,457,6072014Assets 2015: $57,681,841Liabilities 2015: $10,787,995Net Assets 2015: $46,893,8462015Assets 2016: $60,296,490Liabilities 2016: $13,055,243Net Assets 2016: $47,241,2472016Assets 2017: $62,148,852Liabilities 2017: $15,063,515Net Assets 2017: $47,085,3372017Assets 2018: $67,710,542Liabilities 2018: $14,667,067Net Assets 2018: $53,043,4752018Assets 2019: $23,993,312Liabilities 2019: $16,587,065Net Assets 2019: $7,406,2472019Assets 2020: $21,310,849Liabilities 2020: $13,109,389Net Assets 2020: $8,201,4602020Assets 2021: $6,047,652Liabilities 2021: $96,925Net Assets 2021: $5,950,7272021Assets 2022: $6,080,785Liabilities 2022: $96,925Net Assets 2022: $5,983,8602022Assets 2023: $6,032,986Liabilities 2023: $96,925Net Assets 2023: $5,936,0612023Assets 2024: $6,004,433Liabilities 2024: $96,925Net Assets 2024: $5,907,5082024

Highlighted filing

2014

Assets$55,588,845
Liabilities$10,131,238
Net Assets$45,457,607
Open 2014 Filing

Operations Trend

Revenue Growth90th percentile

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

$20M$10M$0-$10M-$20MExpenses 2011: $5,193,7432011Expenses 2012: $4,623,8142012Revenue 2013: $2,935,544Expenses 2013: $3,984,555Net Income 2013: -$1,049,0112013Revenue 2014: $4,615,615Expenses 2014: $4,571,282Net Income 2014: $44,3332014Revenue 2015: $7,682,963Expenses 2015: $6,246,102Net Income 2015: $1,436,8612015Revenue 2016: $7,755,633Expenses 2016: $7,425,232Net Income 2016: $330,4012016Revenue 2017: $6,737,187Expenses 2017: $6,893,097Net Income 2017: -$155,9102017Revenue 2018: $4,798,717Expenses 2018: $5,286,428Net Income 2018: -$487,7112018Revenue 2019: $4,653,644Expenses 2019: $6,398,513Net Income 2019: -$1,744,8692019Revenue 2020: $1,891,024Expenses 2020: $11,858,564Net Income 2020: -$9,967,5402020Revenue 2021: $238,794Expenses 2021: $13,646,151Net Income 2021: -$13,407,3572021Revenue 2022: $2,258Expenses 2022: $19,125Net Income 2022: -$16,8672022Revenue 2023: $21Expenses 2023: $47,820Net Income 2023: -$47,7992023Revenue 2024: $0Expenses 2024: $28,553Net Income 2024: -$28,5532024

Highlighted filing

2014

Revenue$4,615,615
Expenses$4,571,282
Net Income$44,333
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 5, 2015
Return Version
2014v5.0
Gross Receipts
$5,848,084
Mission and Program Overview

Mission

The foundation is executing a strategic business plan that leverages the competitive strengths within the region while expanding the infrastructure, educational opportunities, and entrepreneur support needed to expand entrepreneurship.

The foundation is executing a strategic business plan that leverages the competitive strengths within the region while expanding the infrastructure, educational opportunities, and entrepreneur support needed to expand bioscience industries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$28,003,136$29,556,644▲ $1,553,508
Other Notes and Loans Receivable, Net$15,474,285$15,827,913▲ $353,628
Investments Program Related$5,056,440$5,059,869▲ $3,429
Accounts Receivable$3,682,542$4,423,536▲ $740,994
Savings and Temporary Cash Investments$1,266,901$473,378▼ $793,523
Loans From Officers Directors$191,589$197,589▲ $6,000
Pledges and Grants Receivable$317,628$155,067▼ $162,561
Intangible Assets$50,237$39,807▼ $10,430
Prepaid Expenses and Deferred Charges$42,532$33,805▼ $8,727
Cash and Non-Interest-Bearing Accounts$400$400→ $0
Investments Other Securities$56,140$126▼ $56,014
Total Assets$53,968,541$55,588,845▲ $1,620,304
Other Assets Total$18,300$18,300→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,228,416$8,925,118▲ $1,696,702
Accounts Payable and Accrued Expenses$1,135,262$1,008,531▼ $126,731
Total Liabilities$8,555,267$10,131,238▲ $1,575,971
Net Assets / Fund Balance
Unrestricted Net Assets$44,936,228$45,180,065▲ $243,837
Temporarily Rstr Net Assets$477,046$277,542▼ $199,504
Total Net Assets Fund Balance$45,413,274$45,457,607▲ $44,333
Total Liabilities and Net Assets / Fund Balance$53,968,541$55,588,845▲ $1,620,304

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,692,608$1,696,514$17,389,122
Land$13,720,475-$13,720,475
Equipment$143,561$772,461$916,022
Investment Program Related Org$2,453,343--
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ken WoodyPresident - Innova MemphisFT$354,775$11,633$366,408
Steven J BaresPresident/exe. DirectorFT$321,446$18,676$340,122
Phillip Cestaro JrPresident - Memphis SpeciaFT$184,312$18,726$203,038
Johannes BoutenVP - Innova Memphis, Inc.FT$190,520$7,621$198,141
Brandon WellfordCFOFT$136,688$16,498$153,186
Leif E HondaVP -memphis Specialized OpFT$137,763$3,678$141,441
Allan M DaisleyDirector - EntrepreneurshiFT$113,455$8,138$121,593
Elizabeth FlanaganDirector - Memphis MedicalFT$105,684$7,979$113,663

Board Members and Trustees

NameTitle
Jr Hyde IiiChairman
Dr Kenneth RobinsonBoard Member
Dr Neal BeckfordBoard Member
Gary S ShorbBoard Member
Jason LittleBoard Member
Johnnie AmonetteBoard Member
Joseph Dipietro PhdBoard Member
Larry PapasanBoard Member
M David RuddBoard Member
Monice Moore HaglerBoard Member
S Terry Canale MdBoard Member
Steve Schwab MdBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Lab Four Career Training InstituteDol Grant Subcontractor6154 MACON RD, Memphis, TN 38134$399,169
Southwest Tennessee Community CollegeDol Grant Subcontractor5983 MACON COVE, Memphis, TN 38134$249,614
Tn Technology CenterDol Grant Subcontractor550 ALABAMA AVE, Memphis, TN 38105$232,743
U3 Advisors INCConstruction1735 MARKET ST, Philadelphia, PA 19103$162,231
SeedcoDol Grant Subcontractor20 N FRONT STREET SUITE 900, Memphis, TN 38103$123,310
Revenue and Support

Revenue Composition

Contributions and Grants
$3,151,967
Program Service Revenue
$1,156,252
Investment Income
$762,767
Other Revenue
$-455,371
All Other Contributions
$1,538,589
Change in Net Assets
$44,333
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,807,978
Other Expenses$1,445,674
Grants and Similar Amounts Paid$1,317,630
Total Fundraising Expense$210,948
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,214,633--$1,214,633
Other Salaries and Wages$749,197$214,056$107,028$1,070,281
Interest-$481,101-$481,101
Current Officers, Directors, Trustees, and Key Employees$331,585$94,738$47,370$473,693
Depreciation Depletion$235,772$26,197-$261,969
Fees for Services Other$177,173$19,686-$196,859
Other Employee Benefits$114,326$32,665$16,332$163,323
Grants to Domestic Individuals$102,997--$102,997
Payroll Taxes$70,477$20,136$10,068$100,681
Advertising$67,678$7,520-$75,198
Travel$64,661$7,185-$71,846
All Other Expenses$57,878$3,522-$61,400
Conferences and Meetings$43,492--$43,492
Fees for Services Legal$32,386$3,598-$35,984
Fees for Services Lobbying--$30,150$30,150
Fees for Services Accounting$25,593$2,844-$28,437
Other Expenses$23,565$2,618-$26,183
Insurance$6,033$670-$6,703
Total Functional Expenses$3,431,159$929,175$210,948$4,571,282
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lab Four Career Training InstituteMemphis, TN501(c)(3)Flow Through Grant$399,169
Southwest Tn Community CollegeMemphis, TN501(c)(3)Flow Through Grant$249,614
Tennessee Technology CenterMemphis, TN-Flow Through Grant$232,743
SeedcoMemphis, TN501(c)(3)Flow Through Grant$123,310
Launch Your CityMemphis, TN-Flow Through Grant$63,982
Workforce Investment NetworkMemphis, TN-Flow Through Grant$47,520
Crockett Policy InstituteAlamo, TN501(c)(3)Flow Through Grant$35,420
Memphis Academy of Science and EngineeringMemphis, TN501(c)(3)Contribution$25,000
Clean Fuels of West Tennessee IncJackson, TN-Flow Through Grant$22,203
ComcastAtlanta, GA-Flow Through Grant$5,521
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
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$191,589$197,589▲ $6,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“Baptist memorial health care corp. & the university of tennessee have the right to select one board member.”

Form 990, Part VI, Section B, Line 11

“The president and cfo review the form 990 and distibute to the board. Once approved, it is submitted to the irs.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest form is distributed annually to all board members for review and signature.”

Form 990, Part VI, Section B, Line 15

“Compensation is reviewed and approved by the executive committee.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Memphis Bioworks Foundation
EIN
62-1858660
Phone
9018661400
Address
20 S DUDLEY STE 900, MEMPHIS, TN 38103

Signing Officer

Name
Steven J Bares Phd
Title
President
Phone
9018661400
Signed
2015-10-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven J Bares Phd
Formed
2001
Legal Domicile
Tn
Voting Board Members
12
Independent Board Members
11
Employees
20
Volunteers
12

Preparer

Firm
Elliott Davis Decosimo LLC Pllc
Address
1000 RIDGEWAY LOOP SUITE 402, MEMPHIS, TN 38120
Preparer
Kevin D Mcadams CPA
Phone
9016838899
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“There has been no change in the process from the prior year.”

Raw XML AppendixShowing 400 of 1,024 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/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1218676
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1316498
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1418726
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1511633
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt163678
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt178138
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt187621
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt197979
IRS990/Form990PartVIISectionAGrp/PersonNm0JR HYDE III
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHNNIE AMONETTE
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVE SCHWAB MD
IRS990/Form990PartVIISectionAGrp/PersonNm3DR NEAL BECKFORD
IRS990/Form990PartVIISectionAGrp/PersonNm4S TERRY CANALE MD
IRS990/Form990PartVIISectionAGrp/PersonNm5LARRY PAPASAN
IRS990/Form990PartVIISectionAGrp/PersonNm6JASON LITTLE
IRS990/Form990PartVIISectionAGrp/PersonNm7DR KENNETH ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm8GARY S SHORB
IRS990/Form990PartVIISectionAGrp/PersonNm9MONICE MOORE HAGLER
IRS990/Form990PartVIISectionAGrp/PersonNm10JOSEPH DIPIETRO PHD
IRS990/Form990PartVIISectionAGrp/PersonNm11M DAVID RUDD
IRS990/Form990PartVIISectionAGrp/PersonNm12STEVEN J BARES
IRS990/Form990PartVIISectionAGrp/PersonNm13BRANDON WELLFORD
IRS990/Form990PartVIISectionAGrp/PersonNm14PHILLIP CESTARO JR
IRS990/Form990PartVIISectionAGrp/PersonNm15KEN WOODY
IRS990/Form990PartVIISectionAGrp/PersonNm16LEIF E HONDA
IRS990/Form990PartVIISectionAGrp/PersonNm17ALLAN M DAISLEY
IRS990/Form990PartVIISectionAGrp/PersonNm18JOHANNES BOUTEN
IRS990/Form990PartVIISectionAGrp/PersonNm19ELIZABETH FLANAGAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12321446
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13136688
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14184312
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15354775
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16137763
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17113455
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18190520
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19105684
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1258814
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1324559
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT/EXE. DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT - MEMPHIS SPECIA
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT - INNOVA MEMPHIS
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP -MEMPHIS SPECIALIZED OP
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR - ENTREPRENEURSHI
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP - INNOVA MEMPHIS, INC.
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR - MEMPHIS MEDICAL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt01459378
IRS990/GrantAmt025000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0102997
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0102997
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01214633
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01214633
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05848084
IRS990/GrossRentsGrp/RealAmt0777098
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0670
IRS990/InsuranceGrp/ProgramServicesAmt06033
IRS990/InsuranceGrp/TotalAmt06703
IRS990/IntangibleAssetsGrp/BOYAmt050237
IRS990/IntangibleAssetsGrp/EOYAmt039807
IRS990/InterestGrp/ManagementAndGeneralAmt0481101
IRS990/InterestGrp/TotalAmt0481101
IRS990/InvestmentIncomeGrp/ExclusionAmt0762767
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0762767
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt056140
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0126
IRS990/InvestmentsProgramRelatedGrp/BOYAmt05056440
IRS990/InvestmentsProgramRelatedGrp/EOYAmt05059869
IRS990/IRPDocumentCnt038
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02468975
IRS990/LandBldgEquipBasisNetGrp/BOYAmt028003136
IRS990/LandBldgEquipBasisNetGrp/EOYAmt029556644
IRS990/LandBldgEquipCostOrOtherBssAmt032025619
IRS990/LegalDomicileStateCd0TN
IRS990/LessRentalExpensesGrp/RealAmt01232469
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0191589
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0197589
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0154000
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION IS EXECUTING A STRATEGIC BUSINESS PLAN THAT LEVERAGES THE COMPETITIVE STRENGTHS WITHIN THE REGION WHILE EXPANDING THE INFRASTRUCTURE, EDUCATIONAL OPPORTUNITIES, AND ENTREPRENEUR SUPPORT NEEDED TO EXPAND BIOSCIENCE INDUSTRIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07228416
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt08925118
IRS990/NetAssetsOrFundBalancesBOYAmt045413274
IRS990/NetAssetsOrFundBalancesEOYAmt045457607
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-455371
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-455371
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt018300
IRS990/OtherAssetsTotalGrp/EOYAmt018300
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt016332
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt032665
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0114326
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0163323
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2DUES AND MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05961
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14039
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22639
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32618
IRS990/OtherExpensesGrp/ProgramServicesAmt053612
IRS990/OtherExpensesGrp/ProgramServicesAmt136354
IRS990/OtherExpensesGrp/ProgramServicesAmt223747
IRS990/OtherExpensesGrp/ProgramServicesAmt323565
IRS990/OtherExpensesGrp/TotalAmt059573
IRS990/OtherExpensesGrp/TotalAmt140393
IRS990/OtherExpensesGrp/TotalAmt226386
IRS990/OtherExpensesGrp/TotalAmt326183
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0107028
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0214056
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0749197
IRS990/OtherSalariesAndWagesGrp/TotalAmt01070281
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt015474285
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt015827913
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt010068
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020136
IRS990/PayrollTaxesGrp/ProgramServicesAmt070477
IRS990/PayrollTaxesGrp/TotalAmt0100681
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0317628
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0155067
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt042532
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt033805
IRS990/PrincipalOfficerNm0STEVEN J BARES PHD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2541200
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/Desc2RELATED PARTY SUPPORT FOR NON PRO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0969956
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1121288
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt265008
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0969956
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1121288
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt265008
IRS990/ProgSrvcAccomActy2Grp/Desc0MANAGED WORKFORCE DEVELOPMENT GRANTS FOCUSED ON TRAINING WORKERS.(TOTAL PERSONS BENEFITED: >200)
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01256004
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01292630
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0423256

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$55,588,845
Liabilities
$10,131,238
Net assets
$45,457,607
Revenue
$4,615,615
Expenses
$4,571,282
Net income
$44,333
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.00$0.10$5.91$0.00$0.03$0.03
2023Detailed filing. Detailed filing data is available for this year.$6.03$0.10$5.94$0.00$0.05$0.05
2022Detailed filing. Detailed filing data is available for this year.$6.08$0.10$5.98$0.00$0.02$0.02
2021Detailed filing. Detailed filing data is available for this year.$6.05$0.10$5.95$0.24$13.6$13.4
2020Detailed filing. Detailed filing data is available for this year.$21.3$13.1$8.20$1.89$11.9$9.97
2019Detailed filing. Detailed filing data is available for this year.$24.0$16.6$7.41$4.65$6.40$1.74
2018Detailed filing. Detailed filing data is available for this year.$67.7$14.7$53.0$4.80$5.29$0.49
2017Detailed filing. Detailed filing data is available for this year.$62.1$15.1$47.1$6.74$6.89$0.16
2016Detailed filing. Detailed filing data is available for this year.$60.3$13.1$47.2$7.76$7.43$0.33
2015Detailed filing. Detailed filing data is available for this year.$57.7$10.8$46.9$7.68$6.25$1.44
2014Detailed filing. Detailed filing data is available for this year.$55.6$10.1$45.5$4.62$4.57$0.04
2013Detailed filing. Detailed filing data is available for this year.$54.0$8.56$45.4$2.94$3.98$1.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.2$8.76$46.5$4.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.9$9.17$46.7$5.19