Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
990 • Fiscal year 2019 • EIN 86-1104679
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
72nd percentile
Higher net margin than 72% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Assets
Down$97,261
Down $83,615 (-46%) from 2018
Net Assets
Up$81,267
Up $30,225 (+59%) from 2018
Liabilities
Down$15,994
Down $113,840 (-88%) from 2018
Revenue
Up$178,155
Up $75,629 (+74%) from 2018
Expenses
Up$147,930
Up $53,482 (+57%) from 2018
Net Income
Up$30,225
Up $22,147 (+274%) from 2018
Engaging in and supporting the development of the life sciences industry by providing scientific, business and other support services to early-stage and emerging life sciences companies and advancing technology commercialization, including providing technology development resources and establishing and supporting companies formed to commercialize technologies generated by research institutions, and more efficiently and effectively collaborating with biotechnology, diagnostic, medical device, and other companies.
Engaging in and supporting the development of the life sciences industry by providing scientific, business and other support services to early-stage and emerging life sciences companies; and advancing technology commercialization, including providing technology development resources and establishing and supporting companies formed to commercialize technologies generated by member research institutions, and more efficiently and effectively collaborating with biotechnology, diagnostic, medical device, and other companies.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $47,500 | $45,000 | ▼ $2,500 |
| Savings and Temporary Cash Investments | $77,615 | $32,627 | ▼ $44,988 |
| Cash and Non-Interest-Bearing Accounts | $52,928 | $16,627 | ▼ $36,301 |
| Prepaid Expenses and Deferred Charges | $2,833 | $3,007 | ▲ $174 |
| Total Assets | $180,876 | $97,261 | ▼ $83,615 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $129,834 | $15,994 | ▼ $113,840 |
| Total Liabilities | $129,834 | $15,994 | ▼ $113,840 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $137,274 | $0 | ▼ $137,274 |
| Unrestricted Net Assets | $-86,232 | $81,267 | ▲ $167,499 |
| Total Net Assets Fund Balance | $51,042 | $81,267 | ▲ $30,225 |
| Total Liabilities and Net Assets / Fund Balance | $180,876 | $97,261 | ▼ $83,615 |
| Name | Title |
|---|---|
| Stephen G Nappi | President |
| Timothy J Pelura Phd | Vice-president/treasurer |
| Erika Swift | Director |
| George Prendergast | Director |
| Heather Rose Phd Jd | Director |
| Heather Steinman Phd Mba | Director |
| Jean Francois Jasmin | Director |
| Zev Sunleaf | Director |
| Todd Abrams | Officer |
| Line Item | Amount |
|---|---|
| Other Expenses | $87,930 |
| Grants and Similar Amounts Paid | $60,000 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $60,000 | - | - | $60,000 |
| Fees for Services Accounting | - | $12,651 | - | $12,651 |
| Fees for Services Other | $11,988 | - | - | $11,988 |
| Conferences and Meetings | - | $10,225 | - | $10,225 |
| Insurance | - | $5,956 | - | $5,956 |
| Fees for Services Legal | - | $5,915 | - | $5,915 |
| Office Expenses | - | $569 | - | $569 |
| Advertising | - | $450 | - | $450 |
| Travel | - | $339 | - | $339 |
| Other Expenses | - | $61 | - | $61 |
| Total Functional Expenses | $71,988 | $75,942 | $0 | $147,930 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $147,930 |
| Total Expenses per Audited Statements | $147,930 |
| Total Expenses per Form 990 | $147,930 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Amp Tech | Malvern, PA | N/a | Research Grant | $30,000 |
| Lankenau Institute for Medical Research | Wynnewood, PA | 501(c)(3) | Research Grant | $30,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The finance committee first reviews the 990 and makes a recommendation to take to the board of directors. The board of directors review it either in a regularly scheduled board of directors meeting or the return is sent via email along with a form to send back documenting each director's review of the 990, all of which must be collected prior to filing.”
“Interested persons as defined in the conflict of interest policy have a duty to disclose potential conflicts of interest to the bod, which then determines whether there is a conflict and what course of action to take.”
“If compensation is paid, the board of directors chair selects a member of the executive committee (ec) to collect data related to the compensation provided by biosp to its employees and key compensated contractors. The member of the ec will provide a summary of the findings to the chair and the ec. The ec will discuss the data and have the minutes reflect the discussion and vote on an appropriate compensation for the individual(s) whose package is under review.”
“Biostrategy partners, inc. Makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 129834 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 15994 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 47500 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 45000 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | ENGAGING IN AND SUPPORTING THE DEVELOPMENT OF THE LIFE SCIENCES INDUSTRY BY PROVIDING SCIENTIFIC, BUSINESS AND OTHER SUPPORT SERVICES TO EARLY-STAGE AND EMERGING LIFE SCIENCES COMPANIES; AND ADVANCING TECHNOLOGY COMMERCIALIZATION, INCLUDING PROVIDING TECHNOLOGY DEVELOPMENT RESOURCES AND ESTABLISHING AND SUPPORTING COMPANIES FORMED TO COMMERCIALIZE TECHNOLOGIES GENERATED BY MEMBER RESEARCH INSTITUTIONS, AND MORE EFFICIENTLY AND EFFECTIVELY COLLABORATING WITH BIOTECHNOLOGY, DIAGNOSTIC, MEDICAL DEVICE, AND OTHER COMPANIES. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 450 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 450 |
| IRS990/AllOtherContributionsAmt | 0 | 118063 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | BRENDA GLASER ABRAMS ESQ COUNSEL |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6106680019 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | LUNDBELDECOSMILBY PC450 N NARBERTH |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NARBERTH |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 19072 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 52928 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 16627 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 10225 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 10225 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 118063 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 60000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 12 |
| IRS990/CYOtherExpensesAmt | 0 | 87930 |
| IRS990/CYOtherRevenueAmt | 0 | 80 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 60000 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 30225 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 147930 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 178155 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | PHARMA GERMINATOR, A PROGRAM DESIGNED TO FACILITATE INDUSTRY-ACADEMIC COLLABORATIONS THROUGH A CUSTOMIZED SPONSORED RESEARCH PROCESS, EXPANDED TO INCLUDE ADDITIONAL CORPORATE PARTNERS AND RESEARCH INSTITUTIONS. IN ADDITION TO THE LONG-STANDING PARTNERSHIP WITH JANSSEN RESEARCH & DEVELOPMENT, BIOSTRATEGY PARTNERS ENTERED INTO CONTRACTS WITH DEPUY SYNTHES AND GLAXOSMITHKILINE. THE WISTAR INSTITUTE OF ANATOMY AND BIOLOGY AND THE UNIVERSITY OF THE SCIENCES JOINED AS NEW MEMBERS OF BIOSTRATEGY PARTNERS. THESE NEW INSTITUTIONS EXPAND THE NUMBER OF RESEARCH INSTITUTIONS TO SIX, JOINING THE LANKENAU INSTITUTE OF MEDICAL RESEARCH, PENNSYLVANIA STATE UNIVERSITY, TEMPLE UNIVERSITY, THOMAS JEFFERSON UNIVERSITY, AND THE WISTAR INSTITUTE OF ANATOMY AND BIOLOGY. BASED ON THE NEW CORPORATE CONTRACTS AND EXPANDED MEMBERSHIP, BIOSTRATEGY PARTNERS LAUNCHED NEW PHARMA GERMINATOR GRANT ROUNDS IN THIS FISCAL YEAR WITH THE POTENTIAL TO FUND UP TO 13 TECHNOLOGY ADVANCEMENT PROJECTS IN THE NEXT FISCAL YEAR.BIOSTRATEGY PARTNER'S PRACTICAL KNOWLEDGE SERIES (PKS) OF EDUCATIONAL EVENTS PROVIDES PRACTICAL AND TACTICAL CONTENT, DELIVERED BY EXPERTS, WITH A FOCUS ON TRANSLATIONAL SCIENCE AND THE COMMERCIALIZATION OF TECHNOLOGIES ARISING FROM MEMBER UNIVERSITIES AND RESEARCH INSTITUTIONS. PKS BROADCASTS ALL CONTENT TO THE MEMBERS OF BIOSTRATEGY PARTNERS, WHICH EXPANDED FROM FOUR INSTITUTIONS TO SIX IN THIS FISCAL YEAR. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 71988 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 12651 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 12651 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 5915 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 5915 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 11988 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 11988 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | TIMOTHY J PELURA PHD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | STEPHEN G NAPPI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | HEATHER ROSE PHD JD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | HEATHER STEINMAN PHD MBA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ZEV SUNLEAF |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ERIKA SWIFT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | GEORGE PRENDERGAST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JEAN FRANCOIS JASMIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | TODD ABRAMS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | VICE-PRESIDENT/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | OFFICER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2004 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantAmt | 0 | 60000 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 60000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 60000 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 178155 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 5956 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5956 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 12 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 12 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | PA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | BIOSTRATEGY PARTNERS, INC. (BIOSP) IS A 501C3 NONPROFIT CONSORTIUM OF ACADEMIC MEDICAL CENTERS AND RESEARCH INSTITUTES COMMITTED TO THE DEVELOPMENT AND TRANSFER OF ACADEMIC RESEARCH INTO THE MARKETPLACE. BIOSP DEVELOPS AND OFFERS PROGRAMS AND SERVICES TO FOSTER INDUSTRY-ACADEMIC COLLABORATION, AID TECHNOLOGY DEVELOPMENT AND COMMERCIALIZATION, AND CONTRIBUTE TO THE ONGOING EDUCATION OF FACULTY AND GRADUATE STUDENTS ABOUT THE COMMERCIALIZATION AND TECHNOLOGY TRANSFER PROCESSES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 51042 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 81267 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 569 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 569 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | BAD DEBT EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | FILING AND OTHER FEES |
| IRS990/OtherExpensesGrp/Desc | 3 | FOOD |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 39063 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 636 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 77 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 61 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 39063 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 636 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 77 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 61 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 80 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 80 |
| IRS990/OtherRevenueTotalAmt | 0 | 80 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 2833 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 3007 |
| IRS990/PrincipalOfficerNm | 0 | ERIKA SWIFT |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | CONSORTIUM MEMBERSHIP |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 60000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 60000 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | BIOSTRATEGY PARTNER'S PRACTICAL KNOWLEDGE SERIES (PKS) OF EDUCATIONAL EVENTS PROVIDES PRACTICAL AND TACTICAL CONTENT, DELIVERED BY EXPERTS, WITH A FOCUS ON TRANSLATIONAL SCIENCE AND THE COMMERCIALIZATION OF TECHNOLOGIES ARISING FROM MEMBER UNIVERSITIES AND RESEARCH INSTITUTIONS. PKS BROADCASTS ALL CONTENT TO THE MEMBERS OF BIOSTRATEGY PARTNERS, WHICH EXPANDED FROM FOUR INSTITUTIONS TO SIX IN THIS FISCAL YEAR. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 15000 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 26 |
| IRS990/PYOtherExpensesAmt | 0 | 94448 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 87500 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 8078 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 94448 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 102526 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 30225 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 138143 |
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | PRIOR RO RELEASING THE FIRST TRANCHE OF FUNDING, WE REQUIRE AN APPROVED ROAD MAP DETAILING RESEARCH TO BE PERFORMED AND HOW FUNDS WILL BE SPENT. WE REQUIRE MONTHLY DOCUMENTATION OF PROGRESS AND HOLD MONTHLY UPDATE PHONE CALLS, AND A SITE VISIT. PRIOR TO RELEASING THE FINAL TRANCHE OF FUNDING, WE REQUIRE A FINAL REPORT OF SCIENTIFIC PROGRESS AGAINST MILESTONES, AS WELL AS A FINAL FINANCIAL REPORT OF HOW FUNDS WERE SPENT. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 2: |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FINANCE COMMITTEE FIRST REVIEWS THE 990 AND MAKES A RECOMMENDATION TO TAKE TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS REVIEW IT EITHER IN A REGULARLY SCHEDULED BOARD OF DIRECTORS MEETING OR THE RETURN IS SENT VIA EMAIL ALONG WITH A FORM TO SEND BACK DOCUMENTING EACH DIRECTOR'S REVIEW OF THE 990, ALL OF WHICH MUST BE COLLECTED PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | INTERESTED PERSONS AS DEFINED IN THE CONFLICT OF INTEREST POLICY HAVE A DUTY TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST TO THE BOD, WHICH THEN DETERMINES WHETHER THERE IS A CONFLICT AND WHAT COURSE OF ACTION TO TAKE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | IF COMPENSATION IS PAID, THE BOARD OF DIRECTORS CHAIR SELECTS A MEMBER OF THE EXECUTIVE COMMITTEE (EC) TO COLLECT DATA RELATED TO THE COMPENSATION PROVIDED BY BIOSP TO ITS EMPLOYEES AND KEY COMPENSATED CONTRACTORS. THE MEMBER OF THE EC WILL PROVIDE A SUMMARY OF THE FINDINGS TO THE CHAIR AND THE EC. THE EC WILL DISCUSS THE DATA AND HAVE THE MINUTES REFLECT THE DISCUSSION AND VOTE ON AN APPROPRIATE COMPENSATION FOR THE INDIVIDUAL(S) WHOSE PACKAGE IS UNDER REVIEW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | BIOSTRATEGY PARTNERS, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
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| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
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Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.