Civic Intelligence

Bioversity Inc.

990 • Fiscal year 2024 • EIN 93-2178166

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 13, 2025

Organization ProfileWWW.BIOVERSITYMA.ORG
700 Technology Square 5th FloorCambridge, MA 02139

(617) 674-5107

Siviq Scores

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

Liabilities / Assets

79th percentile

0.37x

Higher debt load relative to assets than 79% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.26x

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

44th percentile

2.0%

Higher net margin than 44% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

97th percentile

$491,070

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 39.9% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

92nd percentile

64%

Faster asset growth than 92% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

85th percentile

58%

Faster revenue growth than 85% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$853,872

Up $333,105 (+64%) from 2023

Net Assets

Up

$538,279

Up $24,703 (+4.8%) from 2023

Liabilities

Up

$315,593

Up $308,402 (+4289%) from 2023

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin44th percentile

Revenue

Up

$1,231,693

Up $454,283 (+58%) from 2023

Expenses

Up

$1,206,990

Up $943,156 (+357%) from 2023

Net Income

Down

$24,703

Down $488,873 (-95%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$1.0M$500K$0Assets 2023: $520,767Liabilities 2023: $7,191Net Assets 2023: $513,5762023Assets 2024: $853,872Liabilities 2024: $315,593Net Assets 2024: $538,2792024

Highlighted filing

2024

Assets$853,872
Liabilities$315,593
Net Assets$538,279
Open 2024 Filing

Operations Trend

Revenue Growth85th percentile

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

$1.5M$1.0M$500K$0Revenue 2023: $777,410Expenses 2023: $263,834Net Income 2023: $513,5762023Revenue 2024: $1,231,693Expenses 2024: $1,206,990Net Income 2024: $24,7032024

Highlighted filing

2024

Revenue$1,231,693
Expenses$1,206,990
Net Income$24,703
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$1,278,415
Mission and Program Overview

Mission

Bioversity, inc. Was formed to implement industry-aligned, expanded workforce training initiatives. Bioversity operates training centers, runs programming, and creates partnerships to provide massachusetts residents the skills and hands-on experience necessary to enter and thrive in life sciences careers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$63,886$426,962▲ $363,076
Cash and Non-Interest-Bearing Accounts$362,095$371,299▲ $9,204
Accounts Receivable$42,000$55,611▲ $13,611
Prepaid Expenses and Deferred Charges$37,971--
Total Assets$520,767$853,872▲ $333,105
Other Assets Total$14,815$0▼ $14,815
Liabilities
Other Liabilities$0$289,927▲ $289,927
Accounts Payable and Accrued Expenses$7,191$25,666▲ $18,475
Total Liabilities$7,191$315,593▲ $308,402
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$513,576$338,279▼ $175,297
Net Assets With Donor Restrictions-$200,000-
Total Net Assets Fund Balance$513,576$538,279▲ $24,703
Total Liabilities and Net Assets / Fund Balance$520,767$853,872▲ $333,105

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$337,153$37,461$374,614
Equipment$72,809$21,715$94,524
Other Land Buildings$17,000-$17,000
Compensation and Service Providers
Top Officer Pay97th percentile

Board Members and Trustees

NameTitle
KENDALLE LEE BURLIN O'CONNELLBoard Chair
Kevin KellyChief Financial Officer
Alan KoderClerk
Revenue and Support

Revenue Composition

Contributions and Grants
$1,134,115
Program Service Revenue
$90,900
Investment Income
$0
Other Revenue
$6,678
All Other Contributions
$291,898
Change in Net Assets
$24,703
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$657,649
Other Expenses$549,341
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$358,738$202,583-$561,321
Occupancy$399,479$22,900-$422,379
Other Employee Benefits$40,918$23,107-$64,025
Depreciation Depletion$37,818$21,358-$59,176
Payroll Taxes$20,645$11,658-$32,303
Information Technology$18,790$10,612-$29,402
Advertising$11,884$769-$12,653
Fees for Services Accounting-$10,000-$10,000
Fees for Services Other$5,089--$5,089
Office Expenses$1$3,185-$3,186
Fees for Services Legal-$1,963-$1,963
Travel-$1,354-$1,354
Conferences and Meetings-$588-$588
Other Expenses-$376-$376
Total Functional Expenses$893,362$313,628$0$1,206,990
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$53,400
Fundraising Direct Expenses$46,722
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bioversity Golf Tournament$88,820$50,000$7,149$42,851
Celebrate Bioversity$68,400$3,400$1,796$1,604
Total Events$157,220$53,400$46,722$6,678
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$289,927
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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 VI, Section B, Line 11B

“Massbio's board treasurer reviews the organization's 990 and provided his/her recommendation to massbio's executive committee for approval. Copies to the 990 are available to the exec. Committee upon request.”

Form 990, Part VI, Section B, Line 12C

“All massbio board members and staff are required to sign the conflict of interest form annually. Management tracks form signing to insure full compliance. Related party transactions are compiled and disclosed in the audited financials and form 990 which are reviewed by the board or board committees.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents and financial statements are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Bioversity Inc
EIN
93-2178166
Phone
6176745107
Address
700 TECHNOLOGY SQUARE 5TH FLOOR, CAMBRIDGE, MA 02139

Signing Officer

Name
KENDALLE BURLIN O'CONNELL ESQ
Title
Board Chair
Phone
6176745107
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
KENDALLE BURLIN O'CONNELL
Formed
2023
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
95

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Thomas F Muldoon CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Massbio's board of directors assumes responsibility for oversight of the audit of its financial statements and the selection of an independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“The organization accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the combined financial statements regarding a tax position taken or expected to be taken in a tax return. The organization has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the combined financial statements at december 31, 2024. The organization's information returns are subject to examination by the federal and state jurisdictions.”

Raw XML AppendixShowing 400 of 464 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07191
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025666
IRS990/AccountsReceivableGrp/BOYAmt042000
IRS990/AccountsReceivableGrp/EOYAmt055611
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0BIOVERSITY, INC. WAS FORMED TO IMPLEMENT INDUSTRY-ALIGNED, EXPANDED WORKFORCE TRAINING INITIATIVES. BIOVERSITY OPERATES TRAINING CENTERS, RUNS PROGRAMMING, AND CREATES PARTNERSHIPS TO PROVIDE MASSACHUSETTS RESIDENTS THE SKILLS AND HANDS-ON EXPERIENCE NECESSARY TO ENTER AND THRIVE IN LIFE SCIENCES CAREERS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0769
IRS990/AdvertisingGrp/ProgramServicesAmt011884
IRS990/AdvertisingGrp/TotalAmt012653
IRS990/AllOtherContributionsAmt0291898
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JASON CORDEIRO COIO
IRS990/BooksInCareOfDetail/PhoneNum06176745160
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0700 TECHNOLOGY SQUARE 5TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0CAMBRIDGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002139
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0362095
IRS990/CashNonInterestBearingGrp/EOYAmt0371299
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0588
IRS990/ConferencesMeetingsGrp/TotalAmt0588
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContriRptFundraisingEventAmt0103820
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01134115
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0549341
IRS990/CYOtherRevenueAmt06678
IRS990/CYProgramServiceRevenueAmt090900
IRS990/CYRevenuesLessExpensesAmt024703
IRS990/CYSalariesCompEmpBnftPaidAmt0657649
IRS990/CYTotalExpensesAmt01206990
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01231693
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt021358
IRS990/DepreciationDepletionGrp/ProgramServicesAmt037818
IRS990/DepreciationDepletionGrp/TotalAmt059176
IRS990/Desc0BIOVERSITY IS A WORKFORCE DEVELOPMENT PROGRAM FOR THE BIO-SCIENCES. WHILE THE ENTITY WAS ESTABLISHED IN 2023, CLASSES DID NOT COMMENCE UNTIL 2024.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0200000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0893362
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010000
IRS990/FeesForServicesAccountingGrp/TotalAmt010000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01963
IRS990/FeesForServicesLegalGrp/TotalAmt01963
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05089
IRS990/FeesForServicesOtherGrp/TotalAmt05089
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt09140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt122884
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0KENDALLE LEE BURLIN O'CONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm1KEVIN KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm2ALAN KODER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0481930
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1168123
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CLERK
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02023
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0103820
IRS990/FundraisingDirectExpensesAmt046722
IRS990/FundraisingGrossIncomeAmt053400
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt0738397
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01278415
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt010612
IRS990/InformationTechnologyGrp/ProgramServicesAmt018790
IRS990/InformationTechnologyGrp/TotalAmt029402
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt074
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt059176
IRS990/LandBldgEquipBasisNetGrp/BOYAmt063886
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0426962
IRS990/LandBldgEquipCostOrOtherBssAmt0486138
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BIOVERSITY, INC. WAS FORMED TO IMPLEMENT INDUSTRY-ALIGNED, EXPANDED WORKFORCE TRAINING INITIATIVES. BIOVERSITY OPERATES TRAINING CENTERS, RUNS PROGRAMMING, AND CREATES PARTNERSHIPS TO PROVIDE MASSACHUSETTS RESIDENTS THE SKILLS AND HANDS-ON EXPERIENCE NECESSARY TO ENTER AND THRIVE IN LIFE SCIENCES CAREERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0513576
IRS990/NetAssetsOrFundBalancesEOYAmt0538279
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt06678
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt06678
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0513576
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0338279
IRS990/NoncashContributionsAmt06250
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt022900
IRS990/OccupancyGrp/ProgramServicesAmt0399479
IRS990/OccupancyGrp/TotalAmt0422379
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03185
IRS990/OfficeExpensesGrp/ProgramServicesAmt01
IRS990/OfficeExpensesGrp/TotalAmt03186
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014815
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023107
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt040918
IRS990/OtherEmployeeBenefitsGrp/TotalAmt064025
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1MEALS & ENTERTAINMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03175
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1376
IRS990/OtherExpensesGrp/TotalAmt03175
IRS990/OtherExpensesGrp/TotalAmt1376
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0289927
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0202583
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0358738
IRS990/OtherSalariesAndWagesGrp/TotalAmt0561321
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011658
IRS990/PayrollTaxesGrp/ProgramServicesAmt020645
IRS990/PayrollTaxesGrp/TotalAmt032303
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt037971
IRS990/PrincipalOfficerNm0KENDALLE BURLIN O'CONNELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0813910
IRS990/ProgramServiceRevenueGrp/BusinessCd1813910
IRS990/ProgramServiceRevenueGrp/Desc0ATTENDANCE FEES
IRS990/ProgramServiceRevenueGrp/Desc1SPONSORSHIP FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt053400
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt137500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt053400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt137500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0777410
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0263834
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0513576
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0263834
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0777410
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt024703
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt090900
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION BEGAN OPERATIONS IN JUNE 2023, AND THEREFORE THE 2023 TAX FILING WAS A SHORT YEAR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01134115
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0777410
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01911525
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0144300
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01373387
IRS990ScheduleA/SubstantialContributorsTotAmt0538138
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01134115
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0777410
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01911525
IRS990ScheduleA/TotalSupportAmt01911525
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt072809
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021715
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt094524
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0337153
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt037461
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0374614
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt017000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt017000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0289927
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE COMBINED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS AT DECEMBER 31, 2024. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0426962
IRS990ScheduleD/TotalLiabilityAmt0289927
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0103820
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt038820
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt065000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt046722
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BIOVERSITY GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CELEBRATE BIOVERSITY
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt09011
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt05449
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt014460
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt088820
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt068400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0157220
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt050000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt03400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt053400
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06678
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt08330
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt08330
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08945
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07149
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01796
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt014378
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt0609
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt014987
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0481930
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1168123
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt07778
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt110431
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt01362
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt112453
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KENDALLE LEE BURLIN O'CONNELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1KEVIN KELLY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0BOARD CHAIR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF FINANCIAL OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0491070
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1191007
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0ALL COMPENSATION IS PAID BY RELATED ORGANIZATION MASSACHUSETTS BIOTECHNOLOGY COUNCIL (MASSBIO). PRESIDENT COMPENSATION: THE EXECUTIVE COMMITTEE OF THE MASSBIO BOARD EMPLOYED AN EXECUTIVE COMPENSATION CONSULTANT IN 2019 TO EVALUATE MASSBIO CEO COMPENSATION AND TO RECOMMEND CHANGES BASED ON THEIR WORK. THAT STUDY RECOMMENDED CERTAIN CHANGES TO CEO COMPENSATION BASED ON COMPARABLE ORGANIZATIONS' COMPENSATION PRACTICES. MASSBIO ADOPTED THE RECOMMENDED CHANGES FOR 2019 AND 2020.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MASSBIO'S BOARD TREASURER REVIEWS THE ORGANIZATION'S 990 AND PROVIDED HIS/HER RECOMMENDATION TO MASSBIO'S EXECUTIVE COMMITTEE FOR APPROVAL. COPIES TO THE 990 ARE AVAILABLE TO THE EXEC. COMMITTEE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MASSBIO BOARD MEMBERS AND STAFF ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST FORM ANNUALLY. MANAGEMENT TRACKS FORM SIGNING TO INSURE FULL COMPLIANCE. RELATED PARTY TRANSACTIONS ARE COMPILED AND DISCLOSED IN THE AUDITED FINANCIALS AND FORM 990 WHICH ARE REVIEWED BY THE BOARD OR BOARD COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MASSBIO'S BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MASSACHUSETTS BIOTECHNOLOGY COUNCIL INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0222693047
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PERMITTING AND FOSTERING POSITIVE ENVIRONMENT FOR THE BIOTECHNOLOGY INDUSTRY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0700 TECHNOLOGY SQUARE 5TH FLOOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CAMBRIDGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002139
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0520767
IRS990/TotalAssetsEOYAmt0853872
IRS990/TotalAssetsGrp/BOYAmt0520767
IRS990/TotalAssetsGrp/EOYAmt0853872
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01134115
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0313628

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$853,872
Liabilities
$315,593
Net assets
$538,279
Revenue
$1,231,693
Expenses
$1,206,990
Net income
$24,703
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.32$0.54$1.23$1.21$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.01$0.51$0.78$0.26$0.51
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • $1M-$5M nonprofits