Totals
- Total revenue
- $749,465
- Total expenses
- $695,995
- Contributions and grants received
- $411,015
- Grants paid
- $0
- Program service revenue
- $338,450
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $322,755
- Total liabilities, end of year
- $205,127
- Net assets or fund balances, end of year
- $117,628
- Program services expenses (Part IX)
- $557,732
- Management and general expenses
- $82,958
- Fundraising expenses
- $55,305
- Program service expenses (Part III)
- $557,732
Program services were 80.1% 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.
-
1b · Membership dues
$252,789
-
1f · All other contributions, gifts and grants
$158,226
-
2a · Program service revenue: IC3 LIFE SCIENCE CONF.
total $265,565 · related or exempt $265,565
-
2b · Program service revenue: OTHER EVENT INCOME
total $24,912 · related or exempt $24,912
-
2c · Program service revenue: PURCHASING PROGRAM INCOME
total $40,034 · related or exempt $40,034
-
2d · Program service revenue: R & D INCOME
total $7,939 · related or exempt $7,939
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $153,641 · program services $122,913 · management and general $7,682 · fundraising $23,046
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $210,803 · program services $150,985 · management and general $45,856 · fundraising $13,962
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $14,857 · program services $10,578 · management and general $3,357 · fundraising $922
-
10 · Payroll taxes
total $23,242 · program services $17,432 · management and general $3,486 · fundraising $2,324
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $600 · program services $450 · management and general $90 · fundraising $60
-
11c · Fees: accounting
total $22,820 · program services $17,115 · management and general $3,423 · fundraising $2,282
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $47,836 · program services $35,877 · management and general $7,175 · fundraising $4,784
-
13 · Office expenses
total $3,262 · program services $2,447 · management and general $489 · fundraising $326
-
14 · Information technology
total $7,280 · program services $5,460 · management and general $1,092 · fundraising $728
-
15 · Royalties
total $0
-
16 · Occupancy
total $580 · program services $435 · management and general $87 · fundraising $58
-
17 · Travel
total $19,051 · program services $14,288 · management and general $2,858 · fundraising $1,905
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $118,602 · program services $118,602
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $2,138 · program services $1,603 · management and general $321 · fundraising $214
-
24a · Other expenses: BAD DEBTS
total $28,900 · program services $21,675 · management and general $4,335 · fundraising $2,890
-
24b · Other expenses: OTHER EVENT EXPENSES
total $16,223 · program services $16,223
-
24c · Other expenses: MEMBERSHIP EXPENSES
total $8,108 · program services $8,108
-
24d · Other expenses: BANK CHARGES & MERCHANT FEES
total $8,039 · program services $6,029 · management and general $1,206 · fundraising $804
-
24e · All other expenses
total $10,013 · program services $7,512 · management and general $1,501 · fundraising $1,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $141,803 · end of year $137,812
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $23,264 · end of year $149,204
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $31,023 · end of year $35,739
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $2,707 · end of year $131,346
-
19 · Deferred revenue
beginning of year $89,904 · end of year $73,781
-
25 · Other liabilities
beginning of year $39,321
-
27 · Net assets without donor restrictions
beginning of year $51,269 · end of year $117,628
-
28 · Net assets with donor restrictions
beginning of year $12,889
Mission and programs · 2023
Mission
The BIONORTHTEXAS Foundation (BioNTX) is a Texas Membership Association designed to support company formation and industry growth in the bioscience sector. The organization spans 26 counties in North Texas and is committed to collaboration and helping small companies find the resources they need to bring their drug, device, or service (product) to market. BioNTX is the life science, biotechnology, and healthcare trade organization serving North Texas innovation through high level educational programming, professional development, collaborative networking, mentorship, Bioresource access, purchasing power, advocacy, and marketing. We are the Voice and Champion for North Texas bioscience and healthcare innovation.
-
Event Forums-Other educational and networking events were held in addition to the IC3 summit.The Member Exclusive Summer Event is a special event reserved exclusively for BioNTX Members. As a special guest, Admiral Brett Giroir, MD shared a few words about his experiences and insights in the frontline battle against COVID-19.The Career Expo and Talent Network provides a comprehensive and enriching experience tailored to offer job seekers valuable insights, networking opportunities, essential support for career enhancement, and a chance to connect with employers in the industry.
Expenses $439,130 · Revenue $72,281
-
The Annual iC Life Science & Healthcare Innovation Summit is a dynamic platform for the North Texas bioscience and healthcare community to engage in thoughtful discussions, share cutting-edge research, and explore emerging technologies with potential to revolutionize the future of biotechnology, health care and human health. ( iC represents the formula Innovation = Capital x Collaboration x Commercialization)
Expenses $118,602 · Revenue $265,565
As filed on the 2023 return.
Listed in Part VII
-
Kathleen Otto-RosenblumKATHLEEN OTTO-ROSENBLUM
CEO
- Total calculated
- $153,641
- From this org
- $142,359
- From related orgs
- $0
- Other
- $11,282
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $121,173
- Bonus
- $20,000
- Other
- $1,186
- Deferred
- not reported
- Nontaxable benefits
- $11,282
- Filer's total
- $153,641
-
Jason WietjesJASON WIETJES
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Thomas FagleyTHOMAS FAGLEY
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Darlene Boudreaux-Thru 323DARLENE BOUDREAUX-THRU 323
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kristin LonerganKRISTIN LONERGAN
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Arthur ClappARTHUR CLAPP
Director
- Total calculated
- $0
- Hours/week
- 1
-
Milton De La PazMILTON DE LA PAZ
Director
- Total calculated
- $0
- Hours/week
- 1
-
David FosterDAVID FOSTER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Maxwell LeaMAXWELL LEA
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jorge VarelaJORGE VARELA
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jon WeidanzJON WEIDANZ
Director
- Total calculated
- $0
- Hours/week
- 1
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 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
- 5a · Pay contingent on this organization's revenues
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(6) · ADVOCACY FOR HEALTHCARE INDUSTRY · TX
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 26 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423009349300202
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