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Nonprofiteer
← BIONEXUS KC

Form 990 for tax year 2024

Filed by BIONEXUS KC.

Totals

Total revenue
$2,284,256
Total expenses
$2,407,918
Contributions and grants received
$2,047,778
Grants paid
$103,710
Program service revenue
$205,376
Investment income
$31,102
Other revenue
$0
Total assets, end of year
$715,684
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$715,684
Program services expenses (Part IX)
$1,816,429
Management and general expenses
$550,182
Fundraising expenses
$41,307
Program service expenses (Part III)
$1,816,429

Program services were 75.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $563,732

  • 1f · All other contributions, gifts and grants

    $1,484,046

  • 2a · Program service revenue: KC ANNUAL EVENT

    total $141,750 · related or exempt $141,750

  • 2b · Program service revenue: INFORMATICS CONFERENCE

    total $55,993 · related or exempt $55,993

  • 2c · Program service revenue: SCIENCE2ART PROGRAM

    total $5,718 · related or exempt $5,718

  • 2d · Program service revenue: ONE HEALTH DAY

    total $1,915 · related or exempt $1,915

  • 3 · Investment income

    total $32,082 · excluded $32,082

  • 7a · Gross sales of assets other than inventory

    securities $4

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $984

  • 7c · Gain or loss

    securities $4 · other assets -$984

  • 7d · Net gain or loss

    total -$980 · excluded -$980

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $103,710 · program services $103,710

  • 5 · Compensation of officers, directors and key employees

    total $373,585 · program services $279,319 · management and general $88,375 · fundraising $5,891

  • 7 · Other salaries and wages

    total $752,780 · program services $527,485 · management and general $206,990 · fundraising $18,305

  • 8 · Pension plan contributions

    total $40,407 · program services $28,505 · management and general $10,880 · fundraising $1,022

  • 9 · Other employee benefits

    total $32,290 · program services $22,584 · management and general $8,929 · fundraising $777

  • 10 · Payroll taxes

    total $77,739 · program services $54,060 · management and general $21,875 · fundraising $1,804

  • 11b · Fees: legal

    total $33,929 · program services $655 · management and general $33,274

  • 11c · Fees: accounting

    total $23,209 · management and general $23,209

  • 11d · Fees: lobbying

    total $43,280 · management and general $43,280

  • 11e · Fees: professional fundraising services

    total $8,023 · fundraising $8,023

  • 11g · Fees: other

    total $480,111 · program services $448,375 · management and general $30,227 · fundraising $1,509

  • 12 · Advertising and promotion

    total $82,459 · program services $81,746 · management and general $713

  • 13 · Office expenses

    total $49,269 · program services $24,701 · management and general $24,519 · fundraising $49

  • 14 · Information technology

    total $17,195 · program services $4,845 · management and general $9,010 · fundraising $3,340

  • 16 · Occupancy

    total $51,210 · program services $34,000 · management and general $16,915 · fundraising $295

  • 17 · Travel

    total $21,237 · program services $19,531 · management and general $1,706

  • 19 · Conferences, conventions and meetings

    total $198,081 · program services $186,913 · management and general $10,876 · fundraising $292

  • 20 · Interest

    total $588 · management and general $588

  • 22 · Depreciation, depletion and amortization

    total $9,272 · management and general $9,272

  • 23 · Insurance

    total $9,544 · management and general $9,544

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $782,618 · end of year $691,389

  • 10a · Land, buildings and equipment: cost or other basis

    $129,334

  • 10b · Land, buildings and equipment: accumulated depreciation

    $105,039

  • 10c · Land, buildings and equipment, net

    beginning of year $16,738 · end of year $24,295

  • 27 · Net assets without donor restrictions

    beginning of year $452,019 · end of year $532,257

  • 28 · Net assets with donor restrictions

    beginning of year $347,337 · end of year $183,427

Mission and programs · 2024

Mission

WE INSPIRE THINKERS FROM DIFFERENT DISCIPLINES TO COMBINE THEIR EFFORTS FOR A COMMON PURPOSE: HEALTHCARE INNOVATION.(CONTINUED ON SCHEDULE O)FROM BIOINFORMATICS TO CANCER RESEARCH AND BEYOND, WE STIMULATE COLLABORATION AND HELP BRING EMERGING TECHNOLOGIES FROM CONCEPT TO REALITY.THE KC REGION IS A GLOBAL LEADER AT THE NEXUS OF HUMAN AND ANIMAL HEALTH BENEFITING ALL OUR CITIZENS AND THE ECONOMY. OUR MISSION IS TO HIGHLIGHT LIFE SCIENCES RESOURCES AND THEIR VALUE TO THE COMMUNITY THROUGH COLLABORATION AND COMMERCIALIZATION. BIONEXUS KC CREATES OPPORTUNITIES AT THE NEXUS OF:-HUMAN AND ANIMAL HEALTH-URBAN AND RURAL HEALTH-ACADEMIA AND INDUSTRY-KANSAS AND MISSOURI

Activities or mission (Part I)

BIONEXUS KC ADVANCES THE KC REGION AS A GLOBAL LEADER AT THE NEXUS OF HUMAN & ANIMAL HEALTH.

  • 2024 WAS AN INCREDIBLY IMPACTFUL YEAR FOR BIONEXUS KC, MARKED BY EXPANDED PROGRAMS AND A CONTINUED COMMITMENT TO DRIVE COLLABORATION AND INNOVATION IN THE REGION. THESE EFFORTS FURTHER SOLIDIFIED KANSAS CITY'S POSITION AS A LIFE SCIENCES HUB DRIVEN BY CUTTING-EDGE RESEARCH AND TECHNOLOGY. THROUGH KEY INITIATIVES, STRATEGIC PARTNERSHIPS, AND COMMUNITY ENGAGEMENT, THE ORGANIZATION CONTINUES TO MAKE AN IMPACT ON THE REGIONAL LIFE SCIENCES AND HEALTHCARE ECOSYSTEMS. WITH THE GROWTH OF THE BIONEXUS KC TEAM, THE ORGANIZATION HAS EXPANDED ITS CAPACITY TO LEAD AND SUPPORT INNOVATION. (CONTINUED ON SCHEDULE O)THESE EFFORTS POSITION THE COMMUNITY TO ACCELERATE INNOVATION, ATTRACT TOP TALENT, AND CEMENT THE KC REGION'S REPUTATION AS THE PREMIER DESTINATION FOR LIFE SCIENCES AND DIGITAL HEALTH ADVANCEMENTS.2024 ACCOMPLISHMENTS:1. ADVANCING THE KC REGION'S LIFE SCIENCES ECOSYSTEM: "PATH TO 2025"2. DIGITAL HEALTH KC AND DIGITAL HEALTH DAY3. KC BIOHUB4. WORKFORCE DEVELOPMENT5. RESEARCH AND DEVELOPMENT GRANTS6. SCIECNE 2 ART7. BIONEXUS KC ANNUAL EVENT8. KC ONE HEALTH DAY9. NEXUS INFORMATICS CONFERENCE

    Expenses $1,816,429 · Grants $103,710 · Revenue $205,376

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DENNIS RIDENOUR

    PRESIDENT & CEO

    Total calculated
    $294,585
    From this org
    $256,332
    From related orgs
    $0
    Other
    $38,253
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,241
    Bonus
    $31,091
    Other
    $0
    Deferred
    $26,310
    Nontaxable benefits
    $11,943
    Filer's total
    $294,585

  • WILLIAM S BERKLEY

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • JEFF HARGROVES

    TREASURER/SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • MARIA STECKLEIN FLYNN

    DIR./DIGITAL HEALTH KC CONSULTANT

    Total calculated
    $79,000
    From this org
    $79,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.2

  • DAVID W FRANTZE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • THOMAS M SACK PHD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • ANNE D ST PETER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • SANDRA STITES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • GREG SWEAT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • DEBORAH WILKERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • CHAD GRITTMAN

    VICE PRESIDENT

    Total calculated
    $139,525
    From this org
    $115,378
    From related orgs
    $0
    Other
    $24,147
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE CEO'S BONUS IS GIVEN AT THE DISCRETION OF THE BOARD. THE VICE PRESIDENT'S BONUS IS GIVEN AT THE DISCRETION OF THE CEO.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202503219349303985

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