Kansas Bioscience Organization INC EIN 20-0013564 Form 990 (PDF) Claim this org

Kansas Bioscience Organization INC

Not yet claimed Claim this org →

Advocates for Kansas biosciences to boost business, research, talent, and funding. For fiscal year 2024 it reported $669K in revenue, $685K in expenses, and $33K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Shawnee, KS
Website
www.biokansas.org
Filings
5 on file (2020–2024)
Revenue
$669KFY2024
Expenses
$685K
Net assets
$33K
People
29
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-0013564 Public charity (501(c)(3)) Shawnee, KS
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Kansas Bioscience Organization INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Advocates for Kansas biosciences to boost business, research, talent, and funding.
Leadership
Kevin Mills · President and CEO · $140K
Money in and out
$669K revenue, $685K expenses
Bottom line
63% program efficiency
Where the money goes · FY2024
Total revenue
$669K
Pt VIII · Ln 12
Total expenses
$685K
Pt IX · Ln 25
Net assets
$33K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$17K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.29 Fundraising $0.08
Program efficiency
63%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
1.0mo
months of highly liquid reserves at operating expense rate▲ +100% vs prior filing year
Surplus margin
-3%
revenue over expenses, this year▲ +92% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$669K
FY2024▼ -22%
Expenses
$685K
FY2024▼ -39%
Total assets
$58K
FY2024▲ +17%
Total liabilities
$25K
FY2024▲ ×974
Total revenue
$669K
Pt VIII · Ln 12
Total expenses
$685K
Pt IX · Ln 25
Net assets
$33K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$17K
Total assetsPt X · Ln 16$58K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 324
Independent voting membersPt I · Ln 424

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKansas Bioscience Organization INC
EINHdr · item D20-0013564
Principal addressHdr · item CShawnee, KS
WebsiteHdr · item Jwww.biokansas.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFOct 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a24
Independent voting membersPt VI · Ln 1b24
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President and CEO
$139,844Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kevin Mills’s $140K as President and CEO is at the 94th percentile of top reported officer pay among 1615 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sonia Hall$172,873$154,732$107,667$144,000
Kevin Mills$139,844

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Kansas Bioscience Organization INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $434K of program spending, described in the organization's own filed words · FY2024.
01

Industry/Education Outreach

One of biokansas's primary functions is to serve as the voice of the bioscience community in kansas. In performing this function, we conduct formal and informal educational outreach activities.

$234Kprogram expense
02

Industry Promotion and Community Outreach

Biokansas serves as the voice of the biosciences community in kansas by representing our bioscience industry at conferences and through other public appearances and presentatons. The innovation festival, launched in 2022, is a catalyst event for industry and community outreach.

$174Kprogram expense
03

Advocacy

Life science and healthcare executives work in highly regulated environments, but often don't know how to connect with state and federal policymakers. Biokansas works with more than 150 life science and healthcare organizations in the region to help educate state and federal legislators on SCIENCE/HEALTHCARE topics.

$27Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue$293K · 44%
Other revenue$222K · 33%
Contributions & grants$153K · 23%
Program service revenue44%$293K
Other revenue33%$222K
Contributions & grants23%$153K
Investment income$77
Total revenueLn 12$669K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.29 Fundraising $0.08
Program services63%$434K
Management & general29%$196K
Fundraising8%$55K
Total functional expensesLn 25$685K

Balance Sheet

Part X · end of year
CashLn 1$55K
Total assetsLn 16$58K
Total liabilitiesLn 26$25K
Total net assetsLn 32$33K
Months of cash on handcomputed1.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $55K · Operating expenses/yr $685K
1.0 months
Where the money goes
Program services
Program services $434K · Total expenses $685K
63%
Management & General
Management & general $196K · Total expenses $685K
29%
Fundraising
Fundraising $55K · Total expenses $685K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $69K · Solicited contributions (3-yr avg) $246K
$0.28 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $153K · Total revenue $669K
23%
Government reliance
Government grants — · Total revenue $669K
Earned-income share
Program service revenue $293K · Total revenue $669K
44%
Investment reliance
Investment income $77 · Total revenue $669K
+0.01%
Program self-sufficiency
Program service revenue $293K · Total expenses $685K
43%
Growth & trend
Revenue growth (YoY)
This year $669K · Prior year $858K
-22%
Revenue CAGR
FY2020 $526K · FY2024 $669K
+6%
Net-asset trend (YoY)
End of year $33K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $669K · Expenses $685K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $58K
Net-asset ratio
Net assets $33K · Total assets $58K
57%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $58K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kevin Mills · Reported title PRESIDENT AND CEO · Highest reported compensation $140K · Total expenses $685K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $453K · Total expenses $685K
66%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 29%
Fundraising cost ratio 36%
Revenue growth -22%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$50K
Grants paid · 2 grants · $37K · 2022–2023
Unitemized GrantFY2023$22,400
Unitemized GrantFY2022$15,020

Similar Organizations

Closest in mission — by what they do
See all organizations like Kansas Bioscience Organization INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$669K revenue · viewing · ⤓ 990 PDF
FY2023$858K revenue · ⤓ 990 PDF
FY2022$888K revenue · ⤓ 990 PDF
FY2021$644K revenue · ⤓ 990 PDF
FY2020$526K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.