The purpose of this organization is to promote and foster development of life sciences in the kansas city metropolitan area and to provide a platform for development and cooperation in the area of life sciences in the kansas city metropolitan area.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$479K 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

FY2023 · Form 990Independent: 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
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $220K a year · 14% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$479K
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $300K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 11 voting members
Looks good: 9 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
+23% vs prior year
Spent
$1.9M
To programs
80%
Net assets
$799K
By yearFY2020–FY2024
Revenue
$1.5M
FY2023▲ +23%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$1.6M
FY2022$1.2M
FY2023$1.5M
FY2024$2.3M
Expenses
$1.9M
FY2023▲ +33%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.6M
FY2021$1.6M
FY2022$1.4M
FY2023$1.9M
FY2024$2.4M
Net assets
$799K
FY2023▼ -29%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$1.3M
FY2022$1.1M
FY2023$799K
FY2024$716K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 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 Feb 2019.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $1.5M Management & general 20% · $364K Fundraising 1% · $15K

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

Something off? Claim to add context

Who runs it and what they're paid

15 people listed on the 990; $479K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$240,334Pt VII · Sec A
Vice President
$126,195Pt VII · Sec A
Managing Director, Kc Nexus Fund
$112,331Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Dennis Ridenour’s $256K as President & CEO is at the 77th percentile of top reported officer pay among 363 $1–10M science & technology 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 · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Dennis Ridenour$256,332$240,334$229,315$219,917$223,594
Keith a Gary———$133,151$183,213
Anthony a Simpson—$112,331$146,030$146,030—
Daniel Kennedy—$126,195$115,273——
Chad Grittman$115,378————
Maria Stecklein Flynn$79,000————

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 Bionexus Kc executive salaries →

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

Fosters life sciences development and cooperation in the Kansas City metropolitan area.

Questions for Bionexus Kc

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Your first name shows with your question. Bionexus Kc answers here, for everyone.

1 program · $1.5M · in their own filed words · FY2023
01

Bionexus KC had an exceptional year, propelling our mission to enhance the life sciences landscape to new heights. We ignited substantial economic growth by leveraging millions in funding from state, federal, and philanthropic sources, all while shining a national spotlight on our region's vibrant life sciences sector.

$1.5Mprogram 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 · FY2025
Total grants receivedfrom 2 funders$300K
Grants paid · 18 grants · $1.3M · 2020–2024
University of Missouri - Kansas CityFY2024$49,995
University of Kansas Medical CenterFY2023$100,000
Kansas State UniversityKS · FY2023$50,000
University of Missouri - Kansas CityFY2023$46,782
University of MissouriFY2022$50,000
University of MissouriFY2021$99,471
University of MissouriFY2020$149,976
Kansas State UniversityKS · FY2020$100,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.3M
Fees for servicesLn 2g$196K
Investment incomeLn 3$31K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.5M
Managementcol C$364K
Fundraisingcol D$15K
Owns and owesPt X
$799K
net assets · Ln 32
Cash and savingsLn 1–2$783K
Total assetsLn 16$799K
LiabilitiesLn 26$0
PeoplePt VI, VII
15
listed · VII A
PaidVII A3
Voting boardVI 1a11
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Government grantsLn 1e$242K
Fees for servicesLn 2g$196K
Investment incomeLn 3$31K
Gains on assetsLn 7−$76
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
SavingsLn 2$783K
Cash and savings togetherLn 1–2$783K
Land, buildings, equipmentLn 10c$17K
Total assetsLn 16$799K
LiabilitiesLn 26$0
Net assetsLn 32$799K
OperationsPt I, VI
EmployeesI 57
VolunteersI 642
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.1M$783K
Land, buildings, equipmentLn 10c$14K$17K
Total assetsLn 16$1.1M$799K
LiabilitiesLn 26$0$0
Net assetsLn 32$1.1M$799K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$237K$237K
Pay of current officers, directors and key staffLn 5$280K$191K$84K$6K
Other salaries and wagesLn 7$541K$378K$159K$4K
Pension plan contributionsLn 8$43K$30K$13K$305
Other employee benefitsLn 9$44K$31K$13K$405
Payroll taxesLn 10$56K$39K$17K$644
Legal feesLn 11b$10K$9K$200
Accounting feesLn 11c$16K$16K
Lobbying feesLn 11d$275$275
Other fees for servicesLn 11g$267K$246K$21K
Advertising and promotionLn 12$36K$35K$1K$1
Office expensesLn 13$54K$36K$17K$538
Information technologyLn 14$19K$17K$2K$286
OccupancyLn 16$48K$38K$10K$769
TravelLn 17$16K$15K$239$1K
Conferences, conventions and meetingsLn 19$176K$172K$3K$1K
Depreciation, depletion and amortizationLn 22$6K$4K$2K$73
InsuranceLn 23$8K$3K$6K
Total functional expensesLn 25$1.9M$1.5M$364K$15K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 17, 2025 $2.3M$2.4M−$124K$716K 990 PDF
FY2023 ViewingFiled with the IRS Nov 15, 2024 $1.5M$1.9M−$327K$799K 990 PDF
FY2022Filed with the IRS May 15, 2023 $1.2M$1.4M−$146K$1.1M 990 PDF
FY2021Filed with the IRS May 14, 2022 $1.6M$1.6M$15K$1.3M 990 PDF
FY2020Filed with the IRS May 17, 2021 $1.0M$1.6M−$519K$1.3M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $1,530,912 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,172,982$1,304,241
I-9 Program service revenuePrior year $120,756$195,894
I-10 Investment incomePrior year $6,866$30,777
I-11 Other revenuePrior year −$51,178$0
I-12 Total revenuePrior year $1,249,426$1,530,912
I-13 Grants and similar amounts paidPrior year $149,999$236,782
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $853,058$964,058
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $392,149$657,034
I-18 Total expensesPrior year $1,395,206$1,857,874
I-19 Revenue less expensesPrior year −$145,780−$326,962
Part VI · Governance 9 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,530,912 across 7 lines filed
Lines not itemized here account for $3,008 of total revenue; see the IRS return.
VIII-1e Government grants$242,345
VIII-1f All other contributions, gifts and grants$1,061,896
VIII-1h Total contributions, gifts and grants$1,304,241
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $192,886$192,886
VIII-3 Investment incomeExcluded from tax $30,853$30,853
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$76−$76
VIII-12 Total revenueRelated to mission $195,894 · Unrelated business $0 · Excluded from tax $30,777$1,530,912
Part IX · Statement of functional expenses $1,857,874 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $236,782$236,782
IX-5 Pay of current officers, directors and key staffPrograms $190,702 · Management $84,133 · Fundraising $5,609$280,444
IX-7 Other salaries and wagesPrograms $377,807 · Management $158,884 · Fundraising $4,096$540,787
IX-8 Pension plan contributionsPrograms $29,828 · Management $12,524 · Fundraising $305$42,657
IX-9 Other employee benefitsPrograms $30,698 · Management $12,989 · Fundraising $405$44,092
IX-10 Payroll taxesPrograms $38,849 · Management $16,585 · Fundraising $644$56,078
IX-11b Legal feesPrograms $9,331 · Management $200$9,531
IX-11c Accounting feesManagement $15,930$15,930
IX-11d Lobbying feesPrograms $275$275
IX-11g Other fees for servicesPrograms $246,042 · Management $21,439$267,481
IX-12 Advertising and promotionPrograms $34,581 · Management $1,395 · Fundraising $1$35,977
IX-13 Office expensesPrograms $35,972 · Management $17,113 · Fundraising $538$53,623
IX-14 Information technologyPrograms $16,623 · Management $2,340 · Fundraising $286$19,249
IX-16 OccupancyPrograms $37,526 · Management $9,833 · Fundraising $769$48,128
IX-17 TravelPrograms $14,991 · Management $239 · Fundraising $1,141$16,371
IX-19 Conferences, conventions and meetingsPrograms $171,783 · Management $3,164 · Fundraising $1,026$175,973
IX-22 Depreciation, depletion and amortizationPrograms $4,385 · Management $1,872 · Fundraising $73$6,330
IX-23 InsurancePrograms $2,553 · Management $5,613$8,166
IX-25 Total functional expensesPrograms $1,478,728 · Management $364,253 · Fundraising $14,893$1,857,874
Part X · Balance sheet $799,356 assets, 8 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,109,943$782,618
X-10c Land, buildings and equipment, netStart of year $14,473$16,738
X-16 Total assetsStart of year $1,124,416$799,356
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $893,639$452,019
X-28 Net assets with donor restrictionsStart of year $230,777$347,337
X-32 Total net assets or fund balancesStart of year $1,124,416$799,356
X-33 Total liabilities and net assetsStart of year $1,124,416$799,356
Part XI · Reconciliation of net assets $799,356 net assets at year end
XI-1 Total revenue$1,530,912
XI-2 Total expenses$1,857,874
XI-3 Revenue less expenses−$326,962
XI-4 Net assets at start of year$1,124,416
XI-5 Net unrealized gains (losses) on investments$715
XI-9 Other changes in net assets$1,187
XI-10 Net assets at end of year$799,356

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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