Civic Intelligence

Colorado Bioscience Association

EIN 84-1363258 • 501(c)6 • Denver, CO

View Organization Page

Profile

Lead, serve, educate and advocate for colorado's bioscience sector to establish colorado's national and global leadership in bioscience.

600 Grant Street 306Denver, CO 80203

www.cobioscience.com

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.68x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.38x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

56th percentile

6.4%

Higher net margin than 56% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$213,503

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

28th percentile

-1.8%

Faster asset growth than 28% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

52%

Faster revenue growth than 93% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$1,327,939

Down $23,743 (-1.8%) from 2023

Liabilities

Down

$898,498

Down $173,648 (-16%) from 2023

Net Assets

Up

$429,441

Up $149,905 (+54%) from 2023

Operations
Liabilities / Revenue75th percentileNet Margin56th percentile

Revenue

Up

$2,356,982

Up $806,479 (+52%) from 2023

Expenses

Up

$2,207,077

Up $586,172 (+36%) from 2023

Net Income

Up

$149,905

Up $220,307 (+313%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $452,079Liabilities 2011: $175,288Net Assets 2011: $276,7912011Assets 2012: $428,302Liabilities 2012: $141,654Net Assets 2012: $286,6482012Assets 2013: $548,668Liabilities 2013: $198,384Net Assets 2013: $350,2842013Assets 2014: $456,000Liabilities 2014: $101,848Net Assets 2014: $354,1522014Assets 2015: $567,455Liabilities 2015: $148,975Net Assets 2015: $418,4802015Assets 2016: $560,971Liabilities 2016: $121,476Net Assets 2016: $439,4952016Assets 2017: $587,075Liabilities 2017: $161,295Net Assets 2017: $425,7802017Assets 2018: $671,790Liabilities 2018: $225,233Net Assets 2018: $446,5572018Assets 2019: $649,746Liabilities 2019: $462,193Net Assets 2019: $187,5532019Assets 2020: $623,651Liabilities 2020: $426,783Net Assets 2020: $196,8682020Assets 2021: $698,500Liabilities 2021: $406,813Net Assets 2021: $291,6872021Assets 2022: $947,355Liabilities 2022: $597,417Net Assets 2022: $349,9382022Assets 2023: $1,351,682Liabilities 2023: $1,072,146Net Assets 2023: $279,5362023Assets 2024: $1,327,939Liabilities 2024: $898,498Net Assets 2024: $429,4412024

Highlighted filing

2024

Assets$1,327,939
Liabilities$898,498
Net Assets$429,441
Open 2024 Filing

Operations Trend

Revenue Growth93rd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $922,105Expenses 2011: $889,021Net Income 2011: $33,0842011Expenses 2012: $873,5102012Revenue 2013: $913,274Expenses 2013: $849,638Net Income 2013: $63,6362013Revenue 2014: $866,405Expenses 2014: $862,537Net Income 2014: $3,8682014Revenue 2015: $1,031,783Expenses 2015: $967,455Net Income 2015: $64,3282015Revenue 2016: $977,858Expenses 2016: $956,843Net Income 2016: $21,0152016Revenue 2017: $1,035,036Expenses 2017: $1,048,751Net Income 2017: -$13,7152017Revenue 2018: $1,140,829Expenses 2018: $1,190,052Net Income 2018: -$49,2232018Revenue 2019: $995,269Expenses 2019: $1,107,585Net Income 2019: -$112,3162019Revenue 2020: $908,891Expenses 2020: $899,576Net Income 2020: $9,3152020Revenue 2021: $980,834Expenses 2021: $886,015Net Income 2021: $94,8192021Revenue 2022: $1,327,690Expenses 2022: $1,269,439Net Income 2022: $58,2512022Revenue 2023: $1,550,503Expenses 2023: $1,620,905Net Income 2023: -$70,4022023Revenue 2024: $2,356,982Expenses 2024: $2,207,077Net Income 2024: $149,9052024

Highlighted filing

2024

Revenue$2,356,982
Expenses$2,207,077
Net Income$149,905
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,327,939
Liabilities
$898,498
Net assets
$429,441
Revenue
$2,356,982
Expenses
$2,207,077
Net income
$149,905
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.90$0.43$2.36$2.21$0.15
2023Summary only. Only limited summary data is available for this year.$1.35$1.07$0.28$1.55$1.62$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.60$0.35$1.33$1.27$0.06
2021Summary only. Only limited summary data is available for this year.$0.70$0.41$0.29$0.98$0.89$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.43$0.20$0.91$0.90$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.46$0.19$1.00$1.11$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.23$0.45$1.14$1.19$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.16$0.43$1.04$1.05$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.12$0.44$0.98$0.96$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.57$0.15$0.42$1.03$0.97$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.46$0.10$0.35$0.87$0.86$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.55$0.20$0.35$0.91$0.85$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.14$0.29$0.87
2011Summary only. Only limited summary data is available for this year.$0.45$0.18$0.28$0.92$0.89$0.03
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 30, 2023
Return Version
2022v5.0
Gross Receipts
$1,327,690
Mission and Program Overview

Mission

Lead, serve, educate and advocate for colorado's bioscience sector to establish colorado'snational and global leadership in bioscience.

Colorado bioscience association (cbsa) champions a collaborative colorado life sciences ecosystem.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$577,836$540,898▼ $36,938
Accounts Receivable$112,695$175,075▲ $62,380
Land, Buildings, and Equipment, Net$4,295$6,375▲ $2,080
Prepaid Expenses and Deferred Charges-$3,181-
Total Assets$698,500$947,355▲ $248,855
Other Assets Total$3,674$221,826▲ $218,152
Liabilities
Deferred Revenue$340,459$261,395▼ $79,064
Other Liabilities$0$228,637▲ $228,637
Accounts Payable and Accrued Expenses$66,354$107,385▲ $41,031
Total Liabilities$406,813$597,417▲ $190,604
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$291,687$349,938▲ $58,251
Total Net Assets Fund Balance$291,687$349,938▲ $58,251
Total Liabilities and Net Assets / Fund Balance$698,500$947,355▲ $248,855

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,011$9,258$15,269
Other Land Buildings$364$585$949
Other Assets Org$218,152--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elyse BlazevichPresident and CEOFT$135,787$1,124$136,911

Board Members and Trustees

NameTitle
Kiki TraylorChairperson
Bob ReddyPast Chairperson
Ethan MannVice Chairperson
Andy SklawerBoard Member
Anil MathaiBoard Member
April GilesBoard Member
Bobbi CoffinBoard Member
Brent FassettBoard Member
Bryn ReesBoard Member
Byron HewettBoard Member
Corey StoneBoard Member
Dan WittenbergBoard Member
Dustin WhistlerBoard Member
Erik VelapoldiBoard Member
Gino DisciulloBoard Member
Jim KasicBoard Member
Jodi ScottBoard Member
Joseph GuilesBoard Member
Melissa KrebsBoard Member
Michael WeinerBoard Member
Mike FreemanBoard Member
Phillip EbnerBoard Member
Rita SanzgiriBoard Member
Roy SmytheBoard Member
Tanya WarneckeBoard Member
Terry DagnonBoard Member
Tony FraijBoard Member
Will VaughanBoard Member
Alan RudolphSecretary
Jim WilsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$940,215
Program Service Revenue
$387,475
Investment Income
$0
Other Revenue
$0
All Other Contributions
$657,703
Change in Net Assets
$58,251
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$704,468
Salaries, Compensation, and Employee Benefits$564,971
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$322,876
Conferences and Meetings---$219,022
Current Officers, Directors, Trustees, and Key Employees---$136,911
Fees for Services Lobbying---$76,308
Occupancy---$69,203
Fees for Services Other---$62,105
Other Employee Benefits---$50,138
Payroll Taxes---$45,177
Fees for Services Accounting---$28,750
All Other Expenses---$27,799
Information Technology---$19,555
Other Expenses---$13,061
Office Expenses---$12,954
Pension Plan Contributions---$9,869
Travel---$7,372
Insurance---$4,125
Depreciation Depletion---$1,834
Total Functional Expenses$0$0$0$1,269,439
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$62,055
Total Nondeductible Lobbying and Political Cost$62,055
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$228,637
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART V, LINE 2A; PART VII, COLUMN D AND PART IX, LINE 5 AND 7:

“Colorado bioscience association (cbsa) has entered into a relationship with trinet, a professional employer organization (peo). Therefore, cbsa does not file form w-3 and no employees are reported directly by cbsa. The peo filed on behalf of 9 cbsa employees during the year.”

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

“The board is provided with a copy of the form 990 prior to filing.”

Form 990, Part VI, Section B, Line 15

“Compensation of the officers and agents of the association are fixed by the board of directors.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Colorado Bioscience Association
EIN
84-1363258
Phone
3035924089
Address
600 GRANT STREET 306, DENVER, CO 80203

Signing Officer

Name
Elyse Blazevich
Title
President and CEO
Phone
3035924071
Signed
2023-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elyse Blazevich
Formed
2003
Legal Domicile
Co
Voting Board Members
31
Independent Board Members
31
Employees
0
Volunteers
31

Preparer

Firm
Rubinbrown Llp
Address
1900 16TH STREET SUITE 1700, DENVER, CO 80202
Preparer
Kimberly a Ryan
Phone
3036981883
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“No change from prior year.”

Raw XML AppendixShowing 400 of 563 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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IRS990/AccountsReceivableGrp/EOYAmt0175075
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0COLORADO BIOSCIENCE ASSOCIATION (CBSA) CHAMPIONS A COLLABORATIVE COLORADO LIFE SCIENCES ECOSYSTEM.
IRS990/AllOtherContributionsAmt0657703
IRS990/AllOtherExpensesGrp/TotalAmt027799
IRS990/AnnualDisclosureCoveredPrsnInd00
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IRS990/ConservationEasementsInd00
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IRS990/CreditCounselingInd00
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IRS990/CYContributionsGrantsAmt0940215
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IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt01834
IRS990/Desc0CBSA CREATES A SUPPORTIVE ECOSYSTEM FOR OUR MEMBERS (INDIVIDUALS TO MAJOR CORPORATIONS AND INSTITUTIONS), WHO DRIVE GLOBAL HEALTH INNOVATIONS THAT IMPROVE AND SAVE LIVES THROUGH:CAPITAL + GROWTH: WE SUPPORT ACCESS TO CAPITAL AT ALL STAGES OF COMMERCIALIZATION.EDUCATION + NETWORKING: WE FOSTER A STATEWIDE CULTURE OF COLLABORATION WITH OUR PROGRAMS AND EVENTS (SIGNATURE EVENTS INCLUDE: ANNUAL AWARDS CELEBRATION AND ROCKY MOUNTAIN LIFE SCIENCES INVESTOR + PARTNERING CONFERENCE).
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IRS990/EmployeeCnt00
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IRS990/FeesForServicesOtherGrp/TotalAmt062105
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IRS990/MissionDesc0CBSA CHAMPIONS A COLLABORATIVE COLORADO LIFE SCIENCES ECOSYSTEM AND ADVOCATES FOR A SUPPORTIVE BUSINESS CLIMATE ON BEHALF OF MEMBER COMPANIES AND ORGANIZATIONS AND IN SUPPORT OF THE COLORADO BIOSCIENCE INSTITUTE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0POLICY + ADVOCACY: WE CULTIVATE A SUPPORTIVE, INNOVATION-FRIENDLY BUSINESS CLIMATE FOR LIFE SCIENCES. WORKFORCE CULTIVATION: WE GROW AN EDUCATED, EXPERIENCED WORKFORCE AND CONNECT JOBSEEKERS TO COMPANIES.CHAMPION: WE LEAD THE ECOSYSTEM IN COLORADO AND SHARE OUR SUCCESS STORIES.
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