philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Cvillebiohub FY2020 filing

IRS exemption revoked

Charlottesville, VAUnknown exempt organizationEIN 81-4552620Revenue $434K in FY2020

On file with the IRScvillebiohub.org700 Harris Street Suite 102 · Charlottesville, VA

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The mission of Cvillebiohub is to strengthen the charlottesville-area biotechnology industy through engagement, resourcing, and education.

$120K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $30K a year · 7% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Pay to officers and key staff
$120K
to officers and key staff · 30% of spending
Worth a look: pay to officers and key staff is 30% of spending; over 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$10K
18% of total assets
Looks good: liabilities are 18% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$434K
+235% vs prior year
Spent
$394K
Net assets
$48K
By yearFY2019–FY2021
Revenue
$434K
FY2020▲ +235%
Tap a bar for its year
Revenue by fiscal year
FY2019$129K
FY2020$434K
FY2021$466K
Expenses
$394K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2019Not on file
FY2020$394K
FY2021$446K
Net assets
$48K
FY2020▲ +519%
Tap a bar for its year
Net assets by fiscal year
FY2019$8K
FY2020$48K
FY2021$68K

From the FY2020 Form 990 · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on May 15, 2025
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2021.

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

Who runs it and what they're paid

6 people listed on the 990; $120K paid to officers and key staff.

Part VII, Section A · reportable compensation
Nikki Hastings
Executive Director
$120,000Pt VII · Sec A
Taylor Cope
Board Chair
$0Pt VII · Sec A
Susan Klees
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Dana Goldsmith
Board Member
$0Pt VII · Sec A
Andy Krouse
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Nikki Hastings$70,000$120,000

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 Cvillebiohub executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Strengthens the local biotech industry through engagement, resources, and education.

Questions for Cvillebiohub

Tap to ask. Cvillebiohub sees how many people are interested.

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

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2020
01

Launched an industry report benchmarking industry activity. Created a new website and career board for the industry to connect and find talent. Initiated an entrepreneur-in-residence program to assist early-stage concepts and founders. Connected companies with interns through our chip internship program.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2021
Quantitative FoundationFY2021$50K
Total grants receivedfrom 1 funder$50K

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$434K
Ln 12
Gifts and grantsLn 1h$419K
Fees for servicesLn 2g$15K
Money outPt IX
$394K
Ln 25
Owns and owesPt X
$48K
net assets · Ln 32
Cash and savingsLn 1–2$15K
Total assetsLn 16$58K
LiabilitiesLn 26$10K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$419K
Government grantsLn 1e$346K
Fees for servicesLn 2g$15K
Total revenueLn 12$434K
Assets in detailPt X, end of year
CashLn 1$15K
Cash and savings togetherLn 1–2$15K
Other assetsLn 15$243
Total assetsLn 16$58K
LiabilitiesLn 26$10K
Net assetsLn 32$48K
OperationsPt I, VI
EmployeesI 52
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$23K$15K
Total assetsLn 16$23K$58K
LiabilitiesLn 26$16K$10K
Net assetsLn 32$8K$48K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$120K
Other salaries and wagesLn 7$61K
Other employee benefitsLn 9$8K
Payroll taxesLn 10$14K
Management feesLn 11a$40K
Accounting feesLn 11c$12K
Other fees for servicesLn 11g$98K
Advertising and promotionLn 12$3K
Office expensesLn 13$3K
OccupancyLn 16$5K
TravelLn 17$2K
Conferences, conventions and meetingsLn 19$11K
Other expenses (24a–d)Ln 24$17K
Total functional expensesLn 25$394K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest $466K$446K$20K$68K 990 PDF
FY2020 Viewing $434K$394K$40K$48K 990 PDF
FY2019 $129K$8K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $434,161 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $92,696$418,998
I-9 Program service revenuePrior year $36,715$15,163
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $129,411$434,161
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $11,985$203,532
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $114,287$190,344
I-18 Total expensesPrior year $126,272$393,876
I-19 Revenue less expensesPrior year $3,139$40,285
Part VI · Governance 5 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $434,161 across 5 lines filed
VIII-1e Government grants$345,531
VIII-1f All other contributions, gifts and grants$73,467
VIII-1h Total contributions, gifts and grants$418,998
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $15,163$15,163
VIII-12 Total revenueRelated to mission $15,163 · Unrelated business $0 · Excluded from tax $0$434,161
Part IX · Statement of functional expenses $393,876 across 13 lines filed
IX-5 Pay of current officers, directors and key staff$120,000
IX-7 Other salaries and wages$61,250
IX-9 Other employee benefits$7,932
IX-10 Payroll taxes$14,350
IX-11a Management fees$39,939
IX-11c Accounting fees$12,140
IX-11g Other fees for services$98,105
IX-12 Advertising and promotion$3,299
IX-13 Office expenses$2,622
IX-16 Occupancy$4,591
IX-17 Travel$2,046
IX-19 Conferences, conventions and meetings$10,698
IX-24 Other expenses (24a–d)$16,904
IX-25 Total functional expenses$393,876
Part X · Balance sheet $58,260 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $23,197$14,613
X-4 Accounts receivable$43,404
X-15 Other assetsStart of year $243$243
X-16 Total assetsStart of year $23,440$58,260
X-17 Accounts payable and accrued expensesStart of year $15,673$10,208
X-26 Total liabilitiesStart of year $15,673$10,208
X-32 Total net assets or fund balancesStart of year $7,767$48,052
X-33 Total liabilities and net assetsStart of year $23,440$58,260
Part XI · Reconciliation of net assets $48,052 net assets at year end
XI-1 Total revenue$434,161
XI-2 Total expenses$393,876
XI-3 Revenue less expenses$40,285
XI-4 Net assets at start of year$7,767
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$48,052

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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.

Your org? Add context

Made it to the end? Claim this org

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 pay comparisons above.