Civic Intelligence

Oklahoma Bioscience Association Inc

EIN 74-3242679

840 Research Parkway No 25073104
Siviq Scores

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

Liabilities / Assets

77th percentile

0.05x

Higher debt load relative to assets than 77% of similar nonprofits.

<$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

31st percentile

-18%

Faster asset growth than 31% of similar nonprofits.

<$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$212,781

Down $45,222 (-18%) from 2011

Liabilities

Down

$10,355

Down $11,569 (-53%) from 2011

Net Assets

Down

$202,426

Down $33,653 (-14%) from 2011

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$297,583

Down $110,230 (-27%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth31st percentile

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

$400K$300K$200K$100K$0Assets 2010: $354,207Liabilities 2010: $30,723Net Assets 2010: $323,4842010Assets 2011: $258,003Liabilities 2011: $21,924Net Assets 2011: $236,0792011Assets 2012: $212,781Liabilities 2012: $10,355Net Assets 2012: $202,4262012

Highlighted filing

2012

Assets$212,781
Liabilities$10,355
Net Assets$202,426
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0Expenses 2010: $263,9202010Expenses 2011: $407,8132011Expenses 2012: $297,5832012

Highlighted filing

2012

Revenue-
Expenses$297,583
Net Income-
Open 2012 Filing

Filings

Most recent year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$212,781
Liabilities
$10,355
Net assets
$202,426
Revenue
-
Expenses
$297,583
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$0.10$2.02$2.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$0.22$2.36$4.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.54$0.31$3.23$2.64
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 14, 2013
Return Version
2012v2.1
Gross Receipts
$263,930
Mission and Program Overview

Mission

To promote the growth of biosciences in oklahoma through partnership building, education and outreach, networking, policy development and publicity.

Major Activities

Activity 2
Outreach: - sponsored oklahoma's booth at the bio international convention in boston and participated in the convention along with 80+ other oklahoma delegates, including 12 bioscience companies. - sponsored oklahoma booth at advamed medical device convention. - increased facebook users by 82% and increased twitter followers by 30% in the first four months.
Activity 3
Education and information: - published the second issue of okbio magazine and directory. - launched biomatters, a new bi-weekly column in the oklahoman.- launched the okbio online career center for bioscience employers and job seekers. - utilized new website for event promotion and registrations. - secured publicity for oklahoma companies and the association in state and national publications, including science magazine, the oklahoman, the tulsa world, and the journal record.
Filing and Contact Details

Filer

EIN
74-3242679
Raw XML AppendixShowing 400 of 455 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/Activity3/Description0EDUCATION AND INFORMATION: - PUBLISHED THE SECOND ISSUE OF OKBIO MAGAZINE AND DIRECTORY. - LAUNCHED BIOMATTERS, A NEW BI-WEEKLY COLUMN IN THE OKLAHOMAN.- LAUNCHED THE OKBIO ONLINE CAREER CENTER FOR BIOSCIENCE EMPLOYERS AND JOB SEEKERS. - UTILIZED NEW WEBSITE FOR EVENT PROMOTION AND REGISTRATIONS. - SECURED PUBLICITY FOR OKLAHOMA COMPANIES AND THE ASSOCIATION IN STATE AND NATIONAL PUBLICATIONS, INCLUDING SCIENCE MAGAZINE, THE OKLAHOMAN, THE TULSA WORLD, AND THE JOURNAL RECORD.
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE ACCOUNTING FOR INCOME TAXES MAY, AT TIMES, INVOLVE SOME DEGREE OF UNCERTAINTY AND, AS SUCH, LEAD TO UNCERTAIN TAX POSITIONS. MANAGEMENT EVALUATED TAX POSITIONS OF BOTH THE ASSOCIATION AND INSTITUTE AND CONCLUDED THAT NEITHER HAD TAKEN ANY UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE US FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS PRIOR TO 2009.
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IRS990ScheduleO/GeneralExplanation/Explanation0OKBIO ASSOCIATION HAS A CO-EMPLOYMENT RELATIONSHIP WITH A COMPANY CALLED NEXTEP. NEXTEP IS I2E'S PAYROLL SERVICE PROVIDER. EVERY STAFF MEMBER'S W-2 IS PROVIDED UNDER THE NEXTEP TAX ID NUMBER. ALL W-3 TRANSMITTALS AND FORMS 941 ARE ALSO FILED UNDER THE NEXTEP TAX ID NUMBER.
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION HAS MEMBERS, BUT THE MEMBERS DO NOT VOTE FOR THE BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation2SUBSEQUENT TO THE CLOSE OF THE TAX YEAR, THE ASSOCIATION WAS MERGED INTO I2E, INC., A NOT-FOR-PROFIT CORPORATION. AS A RESULT OF SUCH MERGER, THERE IS NO LONGER A GOVERNING BOARD OR MEMBERS OF THE ASSOCIATION. THE FORM 990 WAS REVIEWED, PRIOR TO FILING, BY THOSE WHO SERVED THE ASSOCIATION AS CHAIRMAN, VICE-CHAIRMAN, AND TREASURER DURING THE TAX YEAR.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION REQUIRES DISCLOSURE OF ANY CONFLICTS OF INTEREST THROUGH AN ANNUAL DISCLOSURE STATEMENT, WHICH ALSO REQUESTS CONTINUING DISCLOSURE OF ANY CONFLICTS AS THEY ARISE.
IRS990ScheduleO/GeneralExplanation/Explanation4THE NATIONAL COUNCIL OF STATE BIOSCIENCE ASSOCIATION'S SALARY SURVEY WAS USED AS COMPARABILITY DATA IN DETERMINING THE CEO'S SALARY, AND THE CEO'S TERMS OF EMPLOYMENT WERE CIRCULATED ELECTRONICALLY TO AND REVIEWED BY THE BOARD MEMBERS FOR APPROVAL.
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AS APPROVED BY THE CHIEF EXECUTIVE OFFICER.
IRS990ScheduleO/GeneralExplanation/Explanation6MR. CARL EDWARDS PRICE EDWARDS & COMPANY 210 PARK AVENUE, SUITE 1000 OKLAHOMA CITY, OK 73102 DR. STEPHEN PRESCOTT OKLAHOMA MEDICAL RESEARCH FOUNDATION 825 NE 13TH STREET OKLAHOMA CITY, OK 73104 MR. ROY WILLIAMS GREATER OKLAHOMA CITY CHAMBER 123 PARK AVENUE OKLAHOMA CITY, OK 73102
IRS990ScheduleO/GeneralExplanation/Explanation7CONTRACT SERVICES: TOTAL EXPENSES 42,658.
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IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART VI, SECTION A, LINE 9:
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PART IX, LINE 11G
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IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine10OKLAHOMA BIOSCIENCE INSTITUTE
IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine11OKLAHOMA BIOSCIENCE INSTITUTE
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IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10840 RESEARCH PARKWAY SUITE 250
IRS990/TheBooksAreInCareOf/AddressUS/City0OKLAHOMA CITY
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IRS990/TheBooksAreInCareOf/NamePerson0JUDY BEECH
IRS990/TheBooksAreInCareOf/TelephoneNumber04058132413
IRS990/TotalAssets/BOY0258003
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