Civic Intelligence

Biospark Group

990EZ • Fiscal year 2023 • EIN 84-2851221

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 05, 2024

2 Morgan RoadLexington, MA 02421

(609) 529-7983

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

88th percentile

43%

Higher net margin than 88% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

83rd percentile

41%

Faster asset growth than 83% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

93rd percentile

150%

Faster revenue growth than 93% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$32,464

Up $9,506 (+41%) from 2022

Net Assets

Up

$32,464

Up $9,506 (+41%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$22,119

Up $13,269 (+150%) from 2022

Expenses

Up

$12,507

Up $7,695 (+160%) from 2022

Net Income

Up

$9,612

Up $5,574 (+138%) from 2022

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2019: $1,583Liabilities 2019: $0Net Assets 2019: $1,5832019Assets 2022: $22,958Liabilities 2022: $0Net Assets 2022: $22,9582022Assets 2023: $32,464Liabilities 2023: $0Net Assets 2023: $32,4642023Assets 2024: $45,647Liabilities 2024: $0Net Assets 2024: $45,6472024

Highlighted filing

2023

Assets$32,464
Liabilities$0
Net Assets$32,464

Operations Trend

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

$60K$40K$20K$0Revenue 2019: $2,160Expenses 2019: $577Net Income 2019: $1,5832019Revenue 2022: $8,850Expenses 2022: $4,812Net Income 2022: $4,0382022Revenue 2023: $22,119Expenses 2023: $12,507Net Income 2023: $9,6122023Revenue 2024: $44,250Expenses 2024: $30,299Net Income 2024: $13,9512024

Highlighted filing

2023

Revenue$22,119
Expenses$12,507
Net Income$9,612
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 5, 2024
Return Version
2023v5.0
Gross Receipts
$22,119
Mission and Program Overview

Mission

Build professional network

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
BIOTECH MONTHLY NEWS: A REVIEW OF WORLDWIDE BIOTECH NEWS EACH MONTH. BIOSPARKS COMMITTEE AND A FEW INVITED GUESTS AS SPEAKERS, MEMBERS AND PEOPLE PATICIPATE THE ENVENT.-$4,204
INNOVATION TALK EVENTS: INVITE SPEAKERS TO GIVE WEBINAR ON BIOTECH INNOVATION TOPICS.-$4,204
LEADER TALK EVENTS: INVITE SPEAKERS TO GIVE WEBINAR ON LEADERSHIP AND CAREER DEVELOPMENT TOPICS.-$4,204
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jie YanPresidentPT$0--
Tenghui ChenTreasurerPT$0--
Qinghong YanClerkPT$0--
Jie YanDirector-$0--
Qinghong YanDirector-$0--
Tenghui ChenDirector-$0--
Filing and Contact Details

Filer

Filer Name
BioSpark Group Inc
EIN
84-2851221
Address
2 Morgan Road, Lexington, MA 02421

Signing Officer

Name
Jie Yan
Title
President
Phone
5163812083
Signed
2024-04-05
Discuss with paid preparer
No

Preparer

Firm
Fortune and Beyond LLC
Address
14200 AVATAR LN, Boyds, MD 20841
Preparer
Ning Jin
Phone
3152624354
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description AmountSALES OF EVENT TICKET 1,627

Description of other expenses Part I line 16

Description AmountADVERTISING MARKETING 753BANK CHARGES 15GOVERNMENT FEE 35EVENT CATERING 484MEALS 105OFFICE SUPPLIES 1,861REIMBURSABLE EXPENSES 1,263TRAVEL 170

Other changes in net assets or fund balances Part I line 20

Description AmountNONDEDUCTIBLE MEAL (106)

Description of other assets Part II line 24

Category Beginning of Year End of YearACCOUNT RECEIVABLES 2,651 2,560

Part III response or note to any other line in Part III

Member networking events: organize member networking activites. Biospark group llcs 2023 meal expense is 210 usd, only 50% is deductible.

Raw XML Appendix178 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jie Yan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Tenghui Chen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Qinghong Yan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jie Yan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Qinghong Yan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Tenghui Chen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02651
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02560
IRS990EZ/OtherChangesInNetAssetsAmt0-106
IRS990EZ/OtherExpensesTotalAmt04686
IRS990EZ/OtherRevenueTotalAmt01627
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt14204
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt24204
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt012507
IRS990EZ/TotalProgramServiceExpensesAmt012612
IRS990EZ/TotalRevenueAmt022119
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://biospark.org/
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04523
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt019540
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0789
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01500
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IRS990ScheduleA/PublicSupportTotal509Amt033786
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt06150
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0789
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02160
IRS990ScheduleA/Total509Grp/TotalAmt033786
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt023626
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt08850
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt019837
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0789
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt055262
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountSALES OF EVENT TICKET 1,627
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountADVERTISING MARKETING 753BANK CHARGES 15GOVERNMENT FEE 35EVENT CATERING 484MEALS 105OFFICE SUPPLIES 1,861REIMBURSABLE EXPENSES 1,263TRAVEL 170
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountNONDEDUCTIBLE MEAL (106)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearACCOUNT RECEIVABLES 2,651 2,560
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBER NETWORKING EVENTS: ORGANIZE MEMBER NETWORKING ACTIVITES. BIOSPARK GROUP LLCS 2023 MEAL EXPENSE IS 210 USD, ONLY 50% IS DEDUCTIBLE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part III response or note to any other line in Part III
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JIE YAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05163812083
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BioSpark Group Inc
ReturnHeader/Filer/BusinessNameControlTxt0BIOS
ReturnHeader/Filer/EIN0842851221
ReturnHeader/Filer/USAddress/AddressLine1Txt02 Morgan Road
ReturnHeader/Filer/USAddress/CityNm0Lexington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002421
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0883625016
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FORTUNE AND BEYOND LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014200 AVATAR LN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Boyds
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020841
ReturnHeader/PreparerPersonGrp/PhoneNum03152624354
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NING JIN
ReturnHeader/ReturnTs02024-04-12T17:44:01-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0YAN
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings