Civic Intelligence

Memphis Bioworks Foundation

990 • Fiscal year 2021 • EIN 62-1858660

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

Organization ProfileWWW.MEMPHISBIOWORKS.ORG

View Organization Page

17 W Pontotoc Suite 100Memphis, TN 38103

(901) 685-3400

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.02x

Higher debt load relative to assets than 23% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

70th percentile

0.41x

Higher debt load relative to revenue than 70% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

1st percentile

-5615%

Higher net margin than 1% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

78th percentile

$202,022

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 84.6% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

1st percentile

-72%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

1st percentile

-87%

Faster revenue growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Down

$6,047,652

Down $15,263,197 (-72%) from 2020

Net Assets

Down

$5,950,727

Down $2,250,733 (-27%) from 2020

Liabilities

Down

$96,925

Down $13,012,464 (-99%) from 2020

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin1st percentile

Revenue

Down

$238,794

Down $1,652,230 (-87%) from 2020

Expenses

Up

$13,646,151

Up $1,787,587 (+15%) from 2020

Net Income

Down

-$13,407,357

Down $3,439,817 (-35%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth1st 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

2021

Assets$6,047,652
Liabilities$96,925
Net Assets$5,950,727
Open 2021 Filing

Operations Trend

Revenue Growth1st 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

2021

Revenue$238,794
Expenses$13,646,151
Net Income-$13,407,357
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.2
Gross Receipts
$247,950
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
Other Notes and Loans Receivable, Net$26,262,362$2,631,319▼ $23,631,043
Investments Program Related$-7,150,353$1,964,848▲ $9,115,201
Land, Buildings, and Equipment, Net$1,500,000--
Savings and Temporary Cash Investments$372,835$725,970▲ $353,135
Pledges and Grants Receivable$218,833$443,049▲ $224,216
Accounts Receivable$107,172$282,466▲ $175,294
Total Assets$21,310,849$6,047,652▼ $15,263,197
Liabilities
Accounts Payable and Accrued Expenses$650,985$75,168▼ $575,817
Mortgage Notes Payable Secured by Investment Property$12,458,404$21,757▼ $12,436,647
Total Liabilities$13,109,389$96,925▼ $13,012,464
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,982,627$5,879,827▼ $2,102,800
Net Assets With Donor Restrictions$218,833$70,900▼ $147,933
Total Net Assets Fund Balance$8,201,460$5,950,727▼ $2,250,733
Total Liabilities and Net Assets / Fund Balance$21,310,849$6,047,652▼ $15,263,197

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,964,848--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brandon WellfordDirectorFT$183,511$18,511$202,022

Board Members and Trustees

NameTitle
Jr Hyde IiiChairman
John PontiusPresident
Dr Kenneth RobinsonBoard Member
Dr Neal BeckfordBoard Member
Elaine L Tuomanen MdBoard Member
Jason LittleBoard Member
Johnnie AmonetteBoard Member
Larry PapasanBoard Member
M David Rudd PhdBoard Member
Michael UgwuekeBoard Member
Monice Moore HaglerBoard Member
Reginald CoopwoodBoard Member
S Terry Canale MdBoard Member
Steve Schwab MdBoard Member
Lorie JerniganSecretary and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$69,347
Program Service Revenue
$23,900
Investment Income
$127,234
Other Revenue
$18,313
All Other Contributions
$69,347
Change in Net Assets
$-13,407,357
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,541,155
Grants and Similar Amounts Paid$3,000,000
Salaries, Compensation, and Employee Benefits$104,996
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,000,000--$3,000,000
Current Officers, Directors, Trustees, and Key Employees$46,558$31,039-$77,597
Interest-$74,994-$74,994
Fees for Services Accounting$62,321$6,925-$69,246
Office Expenses$17,247$1,916-$19,163
Payroll Taxes$13,912$1,546-$15,458
Occupancy$10,125$3,375-$13,500
Insurance$9,448$1,050-$10,498
Fees for Services Legal$8,782$976-$9,758
Fees for Services Other$6,650$350-$7,000
Other Employee Benefits$3,631$908-$4,539
Other Salaries and Wages$3,868$430-$4,298
Pension Plan Contributions$2,794$310-$3,104
Other Expenses$2,707$14-$2,721
Travel$23$3-$26
Total Functional Expenses$3,188,066$10,458,085$0$13,646,151
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Memphis Academy of Science and EngineeringMemphis, TN501(c)(3)Contribution$3,000,000
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“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
9016853400
Address
17 W PONTOTOC SUITE 100, MEMPHIS, TN 38103
Doing Business As
Memphis Biotech Foundation

Signing Officer

Name
Corie Rivers
Title
Treasurer
Phone
9016853400
Signed
2022-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Corie Rivers
Formed
2001
Legal Domicile
Tn
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Cbiz Mhm LLC
Address
5100 POPLAR AVENUE THIRTIETH FLOOR, MEMPHIS, TN 38137
Preparer
Michael Stewart
Phone
9016855575
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Financial statements were no longer required to be audited.”

Raw XML AppendixShowing 400 of 645 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/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0-7150353
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01964848
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01500000
IRS990/LegalDomicileStateCd0TN
IRS990/LessRentalExpensesGrp/RealAmt09156
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
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 ENTREPRENEURSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt012458404
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt021757
IRS990/NetAssetsOrFundBalancesBOYAmt08201460
IRS990/NetAssetsOrFundBalancesEOYAmt05950727
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt088
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt088
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt011156622
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07982627
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05879827
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03375
IRS990/OccupancyGrp/ProgramServicesAmt010125
IRS990/OccupancyGrp/TotalAmt013500
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01916
IRS990/OfficeExpensesGrp/ProgramServicesAmt017247
IRS990/OfficeExpensesGrp/TotalAmt019163
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0908
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03631
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04539
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010334249
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114
IRS990/OtherExpensesGrp/ProgramServicesAmt02707
IRS990/OtherExpensesGrp/TotalAmt010334249
IRS990/OtherExpensesGrp/TotalAmt12721
IRS990/OtherRevenueMiscGrp/BusinessCd0812900
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt018225
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018225
IRS990/OtherRevenueTotalAmt018225
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0430
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03868
IRS990/OtherSalariesAndWagesGrp/TotalAmt04298
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt026262362
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02631319
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01546
IRS990/PayrollTaxesGrp/ProgramServicesAmt013912
IRS990/PayrollTaxesGrp/TotalAmt015458
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0310
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02794
IRS990/PensionPlanContributionsGrp/TotalAmt03104
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0218833
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0443049
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CORIE RIVERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541200
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0RELATED PARTY SUPPORT
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013400
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01079911
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0281688
IRS990/PYInvestmentIncomeAmt0759662
IRS990/PYOtherExpensesAmt010549013
IRS990/PYOtherRevenueAmt0-37323
IRS990/PYProgramServiceRevenueAmt088774
IRS990/PYRevenuesLessExpensesAmt0-9967540
IRS990/PYSalariesCompEmpBnftPaidAmt01027863
IRS990/PYTotalExpensesAmt011858564
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01891024
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-13407357
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt088
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt042125
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0372835
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0725970
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt069347
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01079911
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03482501
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03341047
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05004026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012976832
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0136477
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0862525
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01384509
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01360385
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01423483
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05167379
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01631109
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.67730
IRS990ScheduleA/PublicSupportPY170Pct00.61960
IRS990ScheduleA/PublicSupportTotal170Amt012289716
IRS990ScheduleA/SubstantialContributorsTotAmt0687116
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt069347
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01079911
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03482501
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03341047
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05004026
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012976832
IRS990ScheduleA/TotalSupportAmt018144211
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt01964848
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN SUBSIDIARY-INNOVA MEMPHIS INC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt01964848
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt03000000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CONTRIBUTION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MEMPHIS ACADEMY OF SCIENCE AND ENGINEERING
IRS990ScheduleI/RecipientTable/RecipientEIN0721552646
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01254 JEFFERSON AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MEMPHIS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd038104
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0MEMPHIS BIOWORKS HAS A SPECIFIC ACCOUNTING POSITION THAT IS ASSIGNED SOLELY TO MONITOR GRANT FUNDS TO INSURE THAT THE FUNDS EXPENDED ARE IN COMPLIANCE WITH THE APPLICABLE GRANT AGREEMENTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0183511
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,047,652
Liabilities
$96,925
Net assets
$5,950,727
Revenue
$238,794
Expenses
$13,646,151
Net income
-$13,407,357
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