Civic Intelligence

Society for Biomaterials

EIN 74-1806843 • 501(c)3 • Mount Laurel, NJ

Profile

To promote advances in all phases of materials research and development by encouragement of cooperative educational programs, clinical applications, and professional standards in the biomaterials field.

1120 Route 73 Suite 200Mount Laurel, NJ 08054

www.biomaterials.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.09x

Higher debt load relative to assets than 61% of similar nonprofits.

NTEE G • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.17x

Higher debt load relative to revenue than 68% of similar nonprofits.

NTEE G • $1M-$5M nonprofits • Source year 2024

Net Margin

16th percentile

-12%

Higher net margin than 16% of similar nonprofits.

NTEE G • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

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

NTEE G • $1M-$5M nonprofits • Source year 2024

Asset Growth

29th percentile

-2.2%

Faster asset growth than 29% of similar nonprofits.

NTEE G • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-54%

Faster revenue growth than 5% of similar nonprofits.

NTEE G • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$1,038,421

Down $23,238 (-2.2%) from 2023

Liabilities

Up

$96,294

Up $64,423 (+202%) from 2023

Net Assets

Down

$942,127

Down $87,661 (-8.5%) from 2023

Operations
Liabilities / Revenue68th percentileNet Margin16th percentile

Revenue

Down

$550,853

Down $648,695 (-54%) from 2023

Expenses

Down

$616,292

Down $502,968 (-45%) from 2023

Net Income

Down

-$65,439

Down $145,727 (-182%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth29th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,471,325Liabilities 2010: $154,147Net Assets 2010: $1,317,1782010Assets 2011: $1,586,543Liabilities 2011: $94,981Net Assets 2011: $1,491,5622011Assets 2012: $1,478,177Liabilities 2012: $47,296Net Assets 2012: $1,430,8812012Assets 2013: $1,643,591Liabilities 2013: $66,260Net Assets 2013: $1,577,3312013Assets 2014: $1,570,893Liabilities 2014: $72,117Net Assets 2014: $1,498,7762014Assets 2015: $1,328,909Liabilities 2015: $27,146Net Assets 2015: $1,301,7632015Assets 2016: $1,142,617Liabilities 2016: $68,021Net Assets 2016: $1,074,5962016Assets 2017: $1,000,691Liabilities 2017: $100,877Net Assets 2017: $899,8142017Assets 2018: $1,091,664Liabilities 2018: $126,040Net Assets 2018: $965,6242018Assets 2019: $1,204,503Liabilities 2019: $35,479Net Assets 2019: $1,169,0242019Assets 2020: $1,212,586Liabilities 2020: $79,545Net Assets 2020: $1,133,0412020Assets 2021: $1,284,759Liabilities 2021: $162,249Net Assets 2021: $1,122,5102021Assets 2022: $981,757Liabilities 2022: $99,689Net Assets 2022: $882,0682022Assets 2023: $1,061,659Liabilities 2023: $31,871Net Assets 2023: $1,029,7882023Assets 2024: $1,038,421Liabilities 2024: $96,294Net Assets 2024: $942,1272024

Highlighted filing

2024

Assets$1,038,421
Liabilities$96,294
Net Assets$942,127
Open 2024 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $995,0632010Expenses 2011: $1,059,6662011Expenses 2012: $725,0062012Revenue 2013: $1,258,427Expenses 2013: $1,170,269Net Income 2013: $88,1582013Revenue 2014: $1,136,694Expenses 2014: $1,221,648Net Income 2014: -$84,9542014Revenue 2015: $1,021,803Expenses 2015: $1,212,004Net Income 2015: -$190,2012015Revenue 2016: $511,696Expenses 2016: $727,189Net Income 2016: -$215,4932016Revenue 2017: $1,079,300Expenses 2017: $1,242,641Net Income 2017: -$163,3412017Revenue 2018: $1,244,301Expenses 2018: $1,133,926Net Income 2018: $110,3752018Revenue 2019: $1,333,092Expenses 2019: $1,204,379Net Income 2019: $128,7132019Revenue 2020: $475,242Expenses 2020: $550,117Net Income 2020: -$74,8752020Revenue 2021: $738,642Expenses 2021: $762,090Net Income 2021: -$23,4482021Revenue 2022: $1,155,837Expenses 2022: $1,320,140Net Income 2022: -$164,3032022Revenue 2023: $1,199,548Expenses 2023: $1,119,260Net Income 2023: $80,2882023Revenue 2024: $550,853Expenses 2024: $616,292Net Income 2024: -$65,4392024

Highlighted filing

2024

Revenue$550,853
Expenses$616,292
Net Income-$65,439
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,038,421
Liabilities
$96,294
Net assets
$942,127
Revenue
$550,853
Expenses
$616,292
Net income
-$65,439
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.10$0.94$0.55$0.62$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.03$1.03$1.20$1.12$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.10$0.88$1.16$1.32$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.16$1.12$0.74$0.76$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.08$1.13$0.48$0.55$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.04$1.17$1.33$1.20$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.13$0.97$1.24$1.13$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.10$0.90$1.08$1.24$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.07$1.07$0.51$0.73$0.22
2015Detailed filing. Detailed filing data is available for this year.$1.33$0.03$1.30$1.02$1.21$0.19
2014Detailed filing. Detailed filing data is available for this year.$1.57$0.07$1.50$1.14$1.22$0.08
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.07$1.58$1.26$1.17$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.05$1.43$0.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.09$1.49$1.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.15$1.32$1.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 3, 2025
Return Version
2024v5.2
Gross Receipts
$973,924
Mission and Program Overview

Mission

To promote advances in all phases of materials research and development by encouragement of cooperative educational programs, clinical applications, and professional standards in the biomaterials field.

To promote advances in materials research and development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$561,875$469,828▼ $92,047
Accounts Receivable$201,224$189,700▼ $11,524
Prepaid Expenses and Deferred Charges$36,355$177,786▲ $141,431
Cash and Non-Interest-Bearing Accounts$113,869$135,152▲ $21,283
Land, Buildings, and Equipment, Net$69,289$40,618▼ $28,671
Savings and Temporary Cash Investments$79,047$25,337▼ $53,710
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,061,659$1,038,421▼ $23,238
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$27,537$85,821▲ $58,284
Accounts Payable and Accrued Expenses$4,334$10,473▲ $6,139
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$31,871$96,294▲ $64,423
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$773,414$698,491▼ $74,923
Net Assets With Donor Restrictions$256,374$243,636▼ $12,738
Total Net Assets Fund Balance$1,029,788$942,127▼ $87,661
Total Liabilities and Net Assets / Fund Balance$1,061,659$1,038,421▼ $23,238

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$40,618$45,395$86,013
Compensation and Service Providers
Top Officer Pay33rd percentile

Board Members and Trustees

NameTitle
William Wanger Phd1st Past PRESIDENT(Eff 5/2024)
Elizabeth Cosgriff-hernandez2ND Past PRESIDENT(Eff 5/2024)
Guigen Zhang2nd Past President(thru 5/2024
Sarah E StabenfeldtPresident (eff 5/2024)
Joyce Y Wong PhdPresident - Elect (eff 5/2024)
Kyle Lampe PhdMEMBER-AT-LARGE (Eff 5/2024)
Natalie ArtziMember-at-large (thru 5/2024)
Danielle Sw Benoit PhdSecretary/treasurer
Ashley Carson Brown PhdSecretary/treasurer - Elect
Ngan Huang PhdSig Representative

Highest Paid Contractors

ContractorServicesLocationCompensation
Association Headquarters INCManagement Contract1120 RT 73 SUITE 200, Mt Laurel, NJ 08054$437,612
Revenue and Support

Revenue Composition

Contributions and Grants
$46,635
Program Service Revenue
$413,817
Investment Income
$90,401
Other Revenue
$0
All Other Contributions
$46,635
Change in Net Assets
$-65,439

Audited Revenue Reconciliation

Revenue per Audited Statements
$541,916
Revenue Not Reported on Financial Statements
$8,937
Revenue Not Reported on Form 990
$-22,222
Total Revenue per Audited Statements
$519,694
Total Revenue per Form 990
$550,853
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$593,778
Grants and Similar Amounts Paid$22,514
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$151,854$240,405-$392,259
Conferences and Meetings$74,837$1,750-$76,587
Depreciation Depletion$28,671--$28,671
Grants to Domestic Individuals$22,514--$22,514
Travel-$13,609-$13,609
Fees for Services Accounting-$10,750-$10,750
Fees for Service Investment Mgmnt Fees-$8,937-$8,937
Office Expenses$2,141$5,816-$7,957
Insurance-$5,422-$5,422
Other Expenses$4,000$3,000-$3,000
Information Technology$2,837--$2,837
All Other Expenses-$2,165-$2,165
Fees for Services Legal-$816-$816
Total Functional Expenses$309,444$306,848$0$616,292

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$616,292
Expenses per Audited Statements$607,355
Total Expenses per Audited Statements$607,355
Expenses Not Reported on Financial Statements$8,937
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Sfb receives various management services from association headquarters, inc.”

Form 990, Part VI, Section A, Line 6

“The society has one class of voting members (active members) who have the right to elect and to be elected.”

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

“All members shall be elected by the active members through an affirmative vote of three-fourths of the active members present at the annual meeting. Each active member in good standing shall have one vote on each matter submitted to a vote of the members and shall be eligible to hold office in the society.”

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

“Bylaws may be altered, amended, or repealed, and new bylaws may be adopted by three-fourths vote of the active members present at any annual or special meeting.”

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

“Prior to its filing with the irs, each board member receives a final version of the form 990 as it is filed for review.”

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

“Each year at the inaugural meeting, a copy of the conflict of interest statement is provided to each member of the board of directors. Any potential conflicts are identified and addressed specifically.”

Form 990, Part VI, Section C, Line 19

“Copies of the society's governing documents, financial statements and form 990 are provided upon request.”

Filing and Contact Details

Filer

Filer Name
Society For Biomaterials
EIN
74-1806843
In Care Of
% THE ORGANIZATION
Phone
8564390826
Address
1120 Route 73 Suite 200, Mount Laurel, NJ 08054

Signing Officer

Name
Ashley Carson Brown
Title
Secretary-treasurer
Phone
8564390826
Signed
2025-09-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ashley Carson Brown
Formed
1974
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
24

Preparer

Firm
WithumSmithBrown PC
Address
4600 EAST WEST HWYSUITE 900, BETHESDA, MD 20814
Preparer
Richard Ruvelson
Phone
3012726000
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

“The Society is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. However, income from certain activities not directly related to the Society's tax-exempt purpose may be subject to taxation as unrelated business income. In addition, the Society qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization other than a private foundation under Section 509(a)(2). GAAP requires entities to evaluate, measure, recognize and disclose any uncertain income tax positions taken on their tax returns. GAAP prescribes a minimum threshold that a tax position is required to meet in order to be recognized in the financial statements. The Society believes that it had no uncertain tax positions as defined in GAAP.”

Raw XML AppendixShowing 400 of 585 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/AccountsReceivableGrp/EOYAmt0189700
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IRS990/ActivityOrMissionDesc0TO PROMOTE ADVANCES IN MATERIALS RESEARCH AND DEVELOPMENT.
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