Civic Intelligence

Biologic Institute

EIN 84-1670187 • 501(c)3 • Redmond, WA

Profile

To conduct basic scientific research on topics relating to the origin, organization and operation of living things and their parts, and to the nature of ecosystems and environments conductive to life.

16310 NE 80th Street Suite 102Redmond, WA 98052

www.biologicinstitute.org

Siviq Scores

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

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

77th percentile

0.04x

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

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

91st percentile

54%

Higher net margin than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

80th percentile

27%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

8th percentile

-85%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$15,378

Up $3,229 (+27%) from 2019

Liabilities

Down

$435

Down $2,429 (-85%) from 2019

Net Assets

Up

$14,943

Up $5,658 (+61%) from 2019

Revenue

Down

$10,450

Down $58,150 (-85%) from 2019

Expenses

Down

$4,792

Down $197,081 (-98%) from 2019

Net Income

Up

$5,658

Up $138,931 (+104%) from 2019

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $98,191Liabilities 2010: $6,833Net Assets 2010: $91,3582010Assets 2011: $171,485Liabilities 2011: $13,297Net Assets 2011: $158,1882011Assets 2012: $147,077Liabilities 2012: $4,065Net Assets 2012: $143,0122012Assets 2013: $127,667Liabilities 2013: $3,699Net Assets 2013: $123,9682013Assets 2014: $157,316Liabilities 2014: $12,620Net Assets 2014: $144,6962014Assets 2015: $122,598Liabilities 2015: $4,236Net Assets 2015: $118,3622015Assets 2016: $120,553Liabilities 2016: $84Net Assets 2016: $120,4692016Assets 2017: $119,948Liabilities 2017: $204Net Assets 2017: $119,7442017Assets 2018: $153,381Liabilities 2018: $10,823Net Assets 2018: $142,5582018Assets 2019: $12,149Liabilities 2019: $2,864Net Assets 2019: $9,2852019Assets 2020: $15,378Liabilities 2020: $435Net Assets 2020: $14,9432020

Highlighted filing

2020

Assets$15,378
Liabilities$435
Net Assets$14,943

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $263,833Expenses 2010: $264,408Net Income 2010: -$5752010Revenue 2011: $378,648Expenses 2011: $311,818Net Income 2011: $66,8302011Expenses 2012: $349,0892012Revenue 2013: $343,459Expenses 2013: $362,503Net Income 2013: -$19,0442013Revenue 2014: $386,557Expenses 2014: $365,829Net Income 2014: $20,7282014Revenue 2015: $274,297Expenses 2015: $300,631Net Income 2015: -$26,3342015Revenue 2016: $325,900Expenses 2016: $328,106Net Income 2016: -$2,2062016Revenue 2017: $330,551Expenses 2017: $331,276Net Income 2017: -$7252017Revenue 2018: $370,611Expenses 2018: $347,797Net Income 2018: $22,8142018Revenue 2019: $68,600Expenses 2019: $201,873Net Income 2019: -$133,2732019Revenue 2020: $10,450Expenses 2020: $4,792Net Income 2020: $5,6582020

Highlighted filing

2020

Revenue$10,450
Expenses$4,792
Net Income$5,658

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 12, 2020
Return Version
2019v5.0
Gross Receipts
$10,450
Mission and Program Overview

Mission

To conduct basic scientific research on topics relating to the origin, organization and operation of living things and their parts, and to the nature of ecosystems and environments conductive to life.

Program Services

DescriptionGrantsExpenses
IN AUGUST 2019, DR. AXE BECAME THE MAXWELL PROFESSOR OF MOLECULAR BIOLOGY AT BIOLA UNIVERSITY WHERE HE IS INVOLVED IN TEACHING AND RESEARCH. BOTH OF THESE ACTIVITIES ADVANCE THE SAME OBJECTIVES THAT BIOLOGIC INSTITUTE HAS BEEN DEDICATED TO SINCE ITS INCEPTION. DR. AXE DEVELOPED AND REFINED A COURSE ON THE DESIGN OF LIFE, WHICH HAS NOW BEEN TAUGHT IN PERSON AND ONLINE. HE WORKED ON A BOOK MANUSCRIPT PROVIDING INSIGHTS ON THE COVID-19 PANDEMIC, AND ON CHAPTERS FOR EDITED VOLUMES.-$987
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOUGLAS D AXEPresidentPT$93,750$17,157$110,907
TED ROBINSONSecretary-$0--
STEPHEN MEYERBoard Member-$0--
SCOTT WEBSTERBoard Member-$0--
VINODH GUNASEKERABoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Biologic Institute
EIN
84-1670187
Phone
4252964400
Address
16310 NE 80TH STREET SUITE 102, REDMOND, WA 98052

Signing Officer

Name
Douglas D Axe
Title
President
Phone
4252964400
Signed
2020-08-12
Discuss with paid preparer
Yes

Preparer

Firm
Shannon & Associates Llp
Address
1851 CENTRAL PLACE SOUTH SUITE 225, KENT, WA 98030-7507
Preparer
Lois Vankat
Phone
2538528500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses books, subscriptions, referen 140 supplies 65 telephone & telecommunication 109 travel 198 membership dues 517 organizational (corp) exp 150 non-investment depreciation 486 total 1,665

Form 990-ez, Part II, Line 24

Grants receivable 2,294 2,294 equipment 15,322 15,322 less accumulated depreciation 14,677 15,162 other current assets - deposits 3,497 3,497 total 6,436 5,951

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 2,742 126 federal unemployment 2 2 payroll liability 120 120 state unemployment 0 187

Form 990-ez, Part III

To conduct basic scientific research on topics relating to the origin, organization and operation of living things and their parts, and to the nature of ecosystems and environments conductive to life.

Form 990-ez, Part III, Line 28

In august 2019, dr. Axe became the maxwell professor of molecular biology at biola university where he is involved in teaching and research. Both of these activities advance the same objectives that biologic institute has been dedicated to since its inception. Dr. Axe developed and refined a course on the design of life, which has now been taught in person and online. He worked on a book manuscript providing insights on the covid-19 pandemic, and on chapters for edited volumes.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BOOKS, SUBSCRIPTIONS, REFEREN 140 SUPPLIES 65 TELEPHONE & TELECOMMUNICATION 109 TRAVEL 198 MEMBERSHIP DUES 517 ORGANIZATIONAL (CORP) EXP 150 NON-INVESTMENT DEPRECIATION 486 TOTAL 1,665
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO CONDUCT BASIC SCIENTIFIC RESEARCH ON TOPICS RELATING TO THE ORIGIN, ORGANIZATION AND OPERATION OF LIVING THINGS AND THEIR PARTS, AND TO THE NATURE OF ECOSYSTEMS AND ENVIRONMENTS CONDUCTIVE TO LIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN AUGUST 2019, DR. AXE BECAME THE MAXWELL PROFESSOR OF MOLECULAR BIOLOGY AT BIOLA UNIVERSITY WHERE HE IS INVOLVED IN TEACHING AND RESEARCH. BOTH OF THESE ACTIVITIES ADVANCE THE SAME OBJECTIVES THAT BIOLOGIC INSTITUTE HAS BEEN DEDICATED TO SINCE ITS INCEPTION. DR. AXE DEVELOPED AND REFINED A COURSE ON THE DESIGN OF LIFE, WHICH HAS NOW BEEN TAUGHT IN PERSON AND ONLINE. HE WORKED ON A BOOK MANUSCRIPT PROVIDING INSIGHTS ON THE COVID-19 PANDEMIC, AND ON CHAPTERS FOR EDITED VOLUMES.
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No mirrored PDF or thumbnail assets are attached yet.