Totals
- Total revenue
- $421,657
- Total expenses
- $377,971
- Contributions and grants received
- $370,814
- Grants paid
- $0
- Program service revenue
- $50,843
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $196,090
- Total liabilities, end of year
- $131,932
- Net assets or fund balances, end of year
- $64,158
- Program services expenses (Part IX)
- $318,982
- Management and general expenses
- $21,797
- Fundraising expenses
- $37,192
- Program service expenses (Part III)
- $318,982
Program services were 84.4% 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.
-
1b · Membership dues
$107,296
-
1f · All other contributions, gifts and grants
$263,518
-
2a · Program service revenue: iC3 Life Science Conf
total $44,033 · related or exempt $44,033
-
2b · Program service revenue: Other Events
total $6,810 · related or exempt $6,810
-
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 $144,583 · program services $115,666 · management and general $7,229 · fundraising $21,688
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $42,490 · program services $33,992 · management and general $2,125 · fundraising $6,373
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $14,319 · program services $11,455 · management and general $716 · fundraising $2,148
-
10 · Payroll taxes
total $12,380 · program services $9,904 · management and general $619 · fundraising $1,857
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $1,000 · management and general $1,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $238 · management and general $238
-
12 · Advertising and promotion
total $4,438 · program services $4,438
-
13 · Office expenses
total $3,538 · program services $2,830 · management and general $177 · fundraising $531
-
14 · Information technology
total $2,607 · program services $2,086 · management and general $130 · fundraising $391
-
15 · Royalties
total $0
-
16 · Occupancy
total $516 · program services $413 · management and general $26 · fundraising $77
-
17 · Travel
total $11,910 · program services $9,528 · management and general $596 · fundraising $1,786
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $124,347 · program services $116,186 · management and general $8,161
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,205 · program services $964 · management and general $60 · fundraising $181
-
24a · Other expenses: Sec 481(a) adjustment
total $6,485 · program services $5,188 · management and general $324 · fundraising $973
-
24b · Other expenses: Uncollectible accounts
total $4,700 · program services $3,760 · management and general $235 · fundraising $705
-
24c · Other expenses: Bank charges
total $3,215 · program services $2,572 · management and general $161 · fundraising $482
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $68,899 · end of year $141,803
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $23,264
-
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
end of year $31,023
-
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
end of year $2,707
-
19 · Deferred revenue
end of year $89,904
-
25 · Other liabilities
end of year $39,321
-
27 · Net assets without donor restrictions
beginning of year $39,095 · end of year $51,269
-
28 · Net assets with donor restrictions
beginning of year $29,804 · end of year $12,889
Mission and programs · 2022
Mission
The organization is devoted to promoting and improving business conditions for the bioscience and healthcare innovation community of North Texas. It improves collaboration and networking between member alliance organizations and industry stakeholders, it supports the development cycle of bioscience and healthcare innovation from ideation through commercialization promotes access to capital and provides funding-focused education for early stage, university-based technology and mid-stage companies with bioscience and healthcare innovations. The organization promotes industry awareness and partnership opportunities with academic institutions, incubators, and economic development entities, creating effective mechanisms to foster the convergence of industry and science. BioNTX is developing programs to attract, train and retain professional and technical talent in the North Texas region, providing a forum for advocacy at the regional, state, and national level, and promoting and improving t
Activities or mission (Part I)
BioNTX works to build a strong bioscience and healthcare innovation community through high-level educational programming, networking, and collaboration opportunities, and by being the voice and champion for the North Texas biosciences and healthcare innovation community.
-
iC3 Life Science Summit The BioNTX iC? Life Science Summit provides a dynamic platform for the North Texas bioscience community to engage in insightful discussions, share cutting-edge research, and explore emerging technologies that have the potential to revolutionize the future of healthcare and biomedicine. The iC? Summit brings together and fosters collaboration between academic and industry thought leaders, exchanging knowledge, exploring the latest innovation, products, and services in the life sciences. This event was held in person in September of 2022.
Expenses $280,552 · Revenue $43,819
-
Event Forums - Other educational and networking events were held in additional to the iC3 Summit. They were held in person in 2022, they range in topics such as Regulatory, Human Resources, Career and Talent topics, Women in Innovation, Investor Forums and Facilities Programming.
Expenses $38,430 · Revenue $2,810
As filed on the 2022 return.
Listed in Part VII
-
Kathleen Otto
CEO
- Total calculated
- $114,908
- From this org
- $114,908
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jason Wietjes
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Darlene Boudreaux
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Jorge Varela
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kathleen Gibson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Arthur Clapp
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Foster
Director
- Total calculated
- $0
- Hours/week
- 1
-
Maxwell Lea
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kristin Lonergan
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Milton De La Paz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Teri Schultz
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.
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) · Support N Texas life science industry · TX
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313069349300201
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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