Colorado Bioscience Association EIN 84-1363258 Form 990 (PDF) Claim this org

Colorado Bioscience Association

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Connects and supports Colorado's life sciences companies to foster innovation and growth. For fiscal year 2024 it reported $2.4M in revenue, $2.2M in expenses, and $429K in net assets.Pt I

Type
Business league / trade association · Community Development
Location
Denver, CO
Website
www.cobioscience.com
Filings
5 on file (2020–2024)
Revenue
$2.4MFY2024
Expenses
$2.2M
Net assets
$429K
People
32
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-1363258 Business league / trade association Denver, CO
Form 990 (PDF)
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Figures match the IRS filing checked 9/2/26 · see original: IRS
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Size
$1–10M
What they do
Connects and supports Colorado's life sciences companies to foster innovation and growth.
Leadership
Elyse Blazevich · President and CEO · $204K
Money in and out
$2.4M revenue, $2.2M expenses
Bottom line
+6% operating surplus
Membership & operating revenue · FY2024
Total revenue
$2.4M
Pt VIII · Ln 12
Total expenses
$2.2M
Pt IX · Ln 25
Net assets
$429K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $150K
Operating surplus
+6%
revenue over expenses▲ +240% vs prior filing year
Earned revenue
19%
of revenue from program services & dues▼ -15% vs prior filing year
Payroll share
32%
of spending is salaries & benefits▼ -22% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.4M
FY2024▲ +52%
Expenses
$2.2M
FY2024▲ +36%
Total assets
$1.3M
FY2024▼ -2%
Total liabilities
$898K
FY2024▼ -16%
Total revenue
$2.4M
Pt VIII · Ln 12
Total expenses
$2.2M
Pt IX · Ln 25
Net assets
$429K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$150K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 329
Independent voting membersPt I · Ln 429

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CColorado Bioscience Association
EINHdr · item D84-1363258
Principal addressHdr · item CDenver, CO
WebsiteHdr · item Jwww.cobioscience.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFMay 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a29
Independent voting membersPt VI · Ln 1b29
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 and CEO
$203,561Pt VII · Sec A
VP & Counsel for Policy & Advocacy
$135,296Pt VII · Sec A
VP of Partnership
$109,649Pt VII · Sec A
Secretary (as of 6/24)
$0Pt VII · Sec A
Secretary (thru 6/24)
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Past Chairperson
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Elyse Blazevich’s $204K as President and CEO is at the 68th percentile of top reported officer pay among 2834 $1–10M community development 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Elyse Blazevich$203,561$193,321$135,787$17,870
Jennifer Jones$103,421$155,000
Amy Goodman$135,296
Emily Martini$109,649$104,601
Emily Roberts$102,650

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

2 program services, described in the organization's own filed words · FY2024.
01

Cbsa creates a supportive ecosystem for our members (individuals to major corporations and institutions), who drive global health innovations that improve and save lives through: capital + growth: we support access to capital at all stages of commercialization.

Pt IX · col B
02

Policy + Advocacy

We cultivate a supportive, innovation-friendly business climate for life sciences. Workforce cultivation: we grow an educated, experienced workforce and connect jobseekers to companies. Champion: we lead the ecosystem in colorado and share our success STORIES.CO hub for health impact: we support retention, expansion, and attraction of…

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$1.9M · 81%
Program service revenue$447K · 19%
Contributions & grants81%$1.9M
Program service revenue19%$447K
— government grantsLn 1e$87K
Total revenueLn 12$2.4M

Balance Sheet

Part X · end of year
CashLn 1$943K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$898K
Total net assetsLn 32$429K
Months of cash on handcomputed5.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $943K · Operating expenses/yr $2.2M
5.1 months
Where the money goes
Program services
Program services — · Total expenses $2.2M
Management & General
Management & general — · Total expenses $2.2M
Fundraising
Fundraising — · Total expenses $2.2M
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.9M · Total revenue $2.4M
81%
Government reliance
Government grants $87K · Total revenue $2.4M
4%
Earned-income share
Program service revenue $447K · Total revenue $2.4M
19%
Investment reliance
Investment income $0 · Total revenue $2.4M
0%
Program self-sufficiency
Program service revenue $447K · Total expenses $2.2M
20%
Growth & trend
Revenue growth (YoY)
This year $2.4M · Prior year $1.6M
+52%
Revenue CAGR
FY2020 $909K · FY2024 $2.4M
+27%
Net-asset trend (YoY)
End of year $429K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.4M · Expenses $2.2M
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $429K · Total assets $1.3M
32%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elyse Blazevich · Reported title PRESIDENT AND CEO · Highest reported compensation $204K · Total expenses $2.2M
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $698K · Total expenses $2.2M
32%
Peer comparison

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

MetricThis orgPeer medianPercentile
Fundraising cost ratio 0%
Revenue growth 52%
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 · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$5K

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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)$2.4M revenue · viewing · ⤓ 990 PDF
FY2023$1.6M revenue · ⤓ 990 PDF
FY2022$1.3M revenue · ⤓ 990 PDF
FY2021$981K revenue · ⤓ 990 PDF
FY2020$909K revenue · ⤓ 990 PDF

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Sources

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