Civic Intelligence

Bionic Project Inc.

990EZ • Fiscal year 2022 • EIN 82-5125502

Jan 01, 2022 to Dec 31, 2022 • Filed on May 04, 2023

Organization ProfileBIONIC5K.COM
30 Crescent StreetCambridge, MA 02138

(617) 990-4660

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

9th percentile

-62%

Higher net margin than 9% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

7th percentile

-64%

Faster asset growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

77%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$13,305

Down $23,393 (-64%) from 2021

Net Assets

Down

$13,305

Down $23,393 (-64%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin9th percentile

Revenue

Up

$38,010

Up $16,527 (+77%) from 2021

Expenses

Up

$61,403

Up $56,093 (+1056%) from 2021

Net Income

Down

-$23,393

Down $39,566 (-245%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$60K$40K$20K$0Assets 2019: $7,752Liabilities 2019: $1,600Net Assets 2019: $6,1522019Assets 2020: $20,525Liabilities 2020: $0Net Assets 2020: $20,5252020Assets 2021: $36,698Liabilities 2021: $0Net Assets 2021: $36,6982021Assets 2022: $13,305Liabilities 2022: $0Net Assets 2022: $13,3052022Assets 2023: $27,713Liabilities 2023: $761Net Assets 2023: $26,9522023Assets 2024: $45,112Liabilities 2024: $4,046Net Assets 2024: $41,0662024

Highlighted filing

2022

Assets$13,305
Liabilities$0
Net Assets$13,305
Open 2022 Filing

Operations Trend

Revenue Growth80th percentile

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

$600K$400K$200K$0-$200KRevenue 2019: $19,617Expenses 2019: $13,582Net Income 2019: $6,0352019Revenue 2020: $19,683Expenses 2020: $5,310Net Income 2020: $14,3732020Revenue 2021: $21,483Expenses 2021: $5,310Net Income 2021: $16,1732021Revenue 2022: $38,010Expenses 2022: $61,403Net Income 2022: -$23,3932022Revenue 2023: $190,389Expenses 2023: $176,742Net Income 2023: $13,6472023Revenue 2024: $458,663Expenses 2024: $444,549Net Income 2024: $14,1142024

Highlighted filing

2022

Revenue$38,010
Expenses$61,403
Net Income-$23,393
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 4, 2023
Return Version
2022v5.0
Gross Receipts
$38,010
Mission and Program Overview

Mission

The mission of the bionic project is to help advance new prosthetic technologies and to broaden the access to resources that promote active lifestyles and athletics for those who must overcome physical challenges.

Program Services

DescriptionGrantsExpenses
THE BIONIC 5K WAS HELD IN OCTOBER 2022. THE BIONIC 5K CELEBRATES THE POWER OF TECHNOLOGY TO ENABLE ALL PEOPLE TO RUN TOGETHER.$0$61,403
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM BORDENDirector-$0--
HUGH HERRPresident-$0--
MATTHEW CURTISTreasurer-$0--
ELIZABETH EVANS BORDENClerk-$0--
Filing and Contact Details

Filer

Filer Name
Bionic Project Inc
EIN
82-5125502
Phone
6179904660
Address
30 CRESCENT STREET, CAMBRIDGE, MA 02138

Signing Officer

Name
William Borden
Title
Director
Phone
6179904660
Signed
2023-05-04
Discuss with paid preparer
Yes

Preparer

Firm
Schofer Dillberg & Company Inc
Address
190 N MAIN STREET THIRD FLOOR, NATICK, MA 01760
Preparer
Ronald Tull
Phone
5085458405
Supplemental Narrative

Additional Explanations

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

“Description: cambridge trust. Amount: 2.”

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

“Description: race expenses. Amount: 61,403.”

Raw XML Appendix165 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum06179904660
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt030 CRESCENT STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CAMBRIDGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002138
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt036698
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM BORDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HUGH HERR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MATTHEW CURTIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ELIZABETH EVANS BORDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CLERK
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt061403
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE BIONIC PROJECT IS TO HELP ADVANCE NEW PROSTHETIC TECHNOLOGIES AND TO BROADEN THE ACCESS TO RESOURCES THAT PROMOTE ACTIVE LIFESTYLES AND ATHLETICS FOR THOSE WHO MUST OVERCOME PHYSICAL CHALLENGES.
IRS990EZ/ProgramServiceRevenueAmt038008
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE BIONIC 5K WAS HELD IN OCTOBER 2022. THE BIONIC 5K CELEBRATES THE POWER OF TECHNOLOGY TO ENABLE ALL PEOPLE TO RUN TOGETHER.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt061403
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt061403
IRS990EZ/TotalProgramServiceExpensesAmt061403
IRS990EZ/TotalRevenueAmt038010
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0BIONIC5K.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt04000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt038008
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt021480
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt019681
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt019617
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt09638
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0108424
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
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IRS990ScheduleA/PublicSupportTotal509Amt0112424
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt038008
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt021480
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt019681
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt019617
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0112431
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CAMBRIDGE TRUST. AMOUNT: 2.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: RACE EXPENSES. AMOUNT: 61,403.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM BORDEN
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ReturnHeader/BusinessOfficerGrp/PhoneNum06179904660
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-04
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ReturnHeader/Filer/EIN0825125502
ReturnHeader/Filer/PhoneNum06179904660
ReturnHeader/Filer/USAddress/AddressLine1Txt030 CRESCENT STREET
ReturnHeader/Filer/USAddress/CityNm0CAMBRIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464122151
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHOFER DILLBERG & COMPANY INC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NATICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001760
ReturnHeader/PreparerPersonGrp/PhoneNum05085458405
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONALD TULL
ReturnHeader/ReturnTs02023-05-15T09:10:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BORDEN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,305
Liabilities
$0
Net assets
$13,305
Revenue
$38,010
Expenses
$61,403
Net income
-$23,393
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.45$0.04$0.41$4.59$4.45$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.28$0.01$0.27$1.90$1.77$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.38$0.61$0.23
2021Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.21$0.05$0.16
2020Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.20$0.05$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.08$0.02$0.06$0.20$0.14$0.06