Kansas Bioscience Organization INC FY2022 filing

Tax-deductible

Shawnee, KS501(c)(3)EducationEIN 20-0013564Revenue $888K in FY2022

On file with the IRSbiokansas.org11005 W 60th Street, 66203-2716 · Shawnee, KSTax-exempt since Oct 2004Publicly supported — 509(a)(2)

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Biokansas is the unified voice representing the biosciences in Kansas. Across the human, plant, animal and industrial biosciences, biokansas is focused on enhancing the business and research climate and working with leaders across the state to attract and retain Bioscience talent, companies and funding.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
$155K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990-TIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-T
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $50K a year · 7% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$155K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $50K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$888K
+38% vs prior year
Spent
$1.1M
To programs
66%
Net assets
$312K
By yearFY2020–FY2024
Revenue
$888K
FY2022▲ +38%
Tap a bar for its year
Revenue by fiscal year
FY2020$526K
FY2021$644K
FY2022$888K
FY2023$858K
FY2024$669K
Expenses
$1.1M
FY2022▲ +94%
Tap a bar for its year
Expenses by fiscal year
FY2020$384K
FY2021$559K
FY2022$1.1M
FY2023$1.1M
FY2024$685K
Net assets
$312K
FY2022▼ -39%
Tap a bar for its year
Net assets by fiscal year
FY2020$427K
FY2021$512K
FY2022$312K
FY2023$50K
FY2024$33K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $722K Management & general 27% · $291K Fundraising 7% · $74K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

21 people listed on the 990-T; $155K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/CEO
$154,732Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$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 1612 $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 →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Advocates for Kansas biosciences to boost business, research, talent, and funding.

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Provided by the organization

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3 programs · $722K · in their own filed words · FY2022
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.

$397Kprogram 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, new in 2022, is a catalyst event for industry and community outreach.

$289Kprogram 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.

$36Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

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

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$888K
Fees for services$377K
Gifts and grants$316K
Other income$194K
Money out
$1.1M
Programs$722K
Management$291K
Fundraising$74K
Owns and owes
$312K
net assets
Cash and savings$312K
Total assets$316K
Liabilities$4K
People
21
listed
Paid1
Voting board20
Independent20
2In more detail
Revenue in detail
Gifts and grants$316K
Fees for services$377K
Investment income$896
Other income$194K
Total revenue$888K
Assets in detailEnd of year
Cash and savings together$312K
Total assets$316K
Liabilities$4K
Net assets$312K
Operations
Employees9
Volunteers87
Fiscal year endsDecember
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $669K$685K−$17K$33K 990 PDF
FY2023 $858K$1.1M−$262K$50K 990 PDF
FY2022 Viewing $888K$1.1M−$199K$312K 990 PDF
FY2021 $644K$559K$84K$512K 990 PDF
FY2020 $526K$384K$142K$427K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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