Bioflorida INC FY2020 filing

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EIN 59-3436638 Business league / trade association Boynton Beach, FL
Form 990 (PDF)
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Revenue & expenses by yearFY2020–FY2024
Revenue
$1.0M
FY2020
Expenses
$788K
FY2020

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


Supports Florida's life sciences industry from idea to market, fostering innovation and community. For fiscal year 2020 it reported $1.0M in revenue, $788K in expenses, and $1.5M in net assets.Pt I

Type
Business league / trade association · Nonprofit
Location
Boynton Beach, FL
Website
www.bioflorida.com
Filings
4 on file (2020–2020)
Revenue
$1.0MFY2020
Expenses
$788K
Net assets
$1.5M
People
35
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/4/26 · see original: IRS
Provided by the organization

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Size
$1–10M
What they do
Supports Florida's life sciences industry from idea to market, fostering innovation and community.
Leadership
Nancy Bryan · President & CEO · $234K
Money in and out
$1.0M revenue, $788K expenses
Bottom line
+22% operating surplus

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

WARNING

No — not deductible

IRS records this as a A business league, chamber of commerce, or trade association. Contributions are generally not tax-deductible.; contributions are not deductible as charitable gifts. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

2 funders, incl. Biotechnology Innovation Organization

2 distinct foundation funder(s) on file, $19K received in the most recent year with grants. See detail →

How is the money spent?

NEUTRAL

Not on file

Program vs. overhead split is not on file for this EIN's most recent filing. See detail →

What's its financial size and trend?

NEUTRAL

$1–10M

Revenue band $1–10M. Not enough years on file for a trend. See detail →

Membership & operating revenue · FY2020
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$788K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $220K
Operating surplus
+22%
revenue over expenses
Earned revenue
100%
of revenue from program services & dues
Payroll share
79%
of spending is salaries & benefits

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Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$1.5M
FY2020
Total liabilities
$11K
FY2020
Revenue less expensesPt I · Ln 19$220K
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 334
Independent voting membersPt I · Ln 434

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CBioflorida INC
EINHdr · item D59-3436638
Principal addressHdr · item CBoynton Beach, FL
WebsiteHdr · item Jwww.bioflorida.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a34
Independent voting membersPt VI · Ln 1b34
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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 & CEO
$233,890Pt VII · Sec A
Vice-Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Legal Counsel
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
Nancy Bryan—$269,052$272,726$233,890
Mark Glickman$245,000$4,712——
Tara Ann Coleman$176,423$154,606$120,271—
Lorrie Albinson$154,808———
Ian Leventhal$138,269—$111,075—

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.

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.
01

Host statewide life science conference which brings together all disciplines from pharmaceutical, biotechnology, medical device, and bioagriculture industries. The meeting features presentations regarding state-of-the-art medicine and related fields, state and federal regulatory and legislative updates and company business models and…

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue100%$1.0M
Investment income$855
Total revenueLn 12$1.0M

Balance Sheet

Part X · end of year
CashLn 1$1.4M
Total assetsLn 16$1.5M
Total liabilitiesLn 26$11K
Total net assetsLn 32$1.5M
Months of cash on handcomputed20.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $788K
20.9 months
Where the money goes
Program services
Program services — · Total expenses $788K
—
Management & General
Management & general — · Total expenses $788K
—
Fundraising
Fundraising — · Total expenses $788K
—
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $1.0M
0%
Government reliance
Government grants — · Total revenue $1.0M
—
Earned-income share
Program service revenue $1.0M · Total revenue $1.0M
100%
Investment reliance
Investment income $855 · Total revenue $1.0M
+0.08%
Program self-sufficiency
Program service revenue $1.0M · Total expenses $788K
128%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $788K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $1.5M
—
Net-asset ratio
Net assets $1.5M · Total assets $1.5M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nancy Bryan · Reported title PRESIDENT & CEO · Highest reported compensation $234K · Total expenses $788K
30%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $624K · Total expenses $788K
79%
Peer comparison

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

MetricThis orgPeer medianPercentile
Legal fee ratio 3%——
Accounting fee ratio 1%——

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$19K

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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)$2.0M revenue · ⤓ 990 PDF
FY2023$1.9M revenue · ⤓ 990 PDF
FY2022$2.2M revenue · ⤓ 990 PDF
FY2021not on file
FY2020$1.0M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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