Iowa Biotechnology Association

EIN: 391885797

DES MOINES, IA

Total Revenue
$681,072
Total Expenses
$569,572
Total Assets
$1,505,707
Net Assets
$1,380,605
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
IA
Phone
5153279156
Tax Period
2024-01-01 to 2024-12-31

Iowa Biotechnology Association, founded in 1994, is a small nonprofit that reported $681K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $112K, a strong 16% operating margin.

Mission

TO ADVANCE THE DEVELOPMENT AND APPLICATION OF VALUE-ADDED TECHNOLOGIES IN THE LIFE SCIENCES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,066
Program Service Revenue $242,890
Investment Income $48,854
Other Revenue $382,262
TOTAL REVENUE $681,072

Expense Breakdown

Grants Paid $3,531
Salaries & Benefits $236,057
Fundraising Expenses $0
Program Expenses $0
Other Expenses $329,984
TOTAL EXPENSES $569,572

Year-over-Year Comparison

2024 2023 Change
Revenue $681,072 $508,356 +0.3%
Expenses $569,572 $480,018 +0.2%
Net Income $111,500 $28,338 +2.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
2
Volunteers
15

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$167,738
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDERS THOMSEN DIRECTOR/IMMEDIATE PAST CHAIR 1.0
Officer Director
$0 $0 $0
CODY KENKEL DIRECTOR/SECRETARY 1.0
Officer Director
$0 $0 $0
EMILY FUERST DIRECTOR/VICE CHAIR 1.0
Officer Director
$0 $0 $0
MARTIN GROSS DIRECTOR/CHAIR 2.0
Officer Director
$0 $0 $0
NATHAN BREWER DIRECTOR/TREASURER 2.0
Officer Director
$0 $0 $0
CAROLINE BELMONT DIRECTOR 1.0
Director
$0 $0 $0
IRMA FISHER DIRECTOR 1.0
Director
$0 $0 $0
JOE HRDLICKA DIRECTOR 1.0
Director
$0 $0 $0
JOEL HARRIS DIRECTOR 1.0
Director
$0 $0 $0
JOSH JOHNSON DIRECTOR 1.0
Director
$0 $0 $0
MOHAN DASARI DIRECTOR 1.0
Director
$0 $0 $0
NATE GREEN DIRECTOR 1.0
Director
$0 $0 $0
NOLAN MENTE DIRECTOR 1.0
Director
$0 $0 $0
RACHEL BINNING DIRECTOR 1.0
Director
$0 $0 $0
TOM SWEGLE DIRECTOR 1.0
Director
$0 $0 $0
JESSICA HYLAND EXECUTIVE DIRECTOR 40.0
Officer
$155,530 $12,208 $167,738
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $681,072 $569,572 $1,505,707 $111,500
2023 $508,356 $480,018 $1,394,769 $28,338
2022 $517,514 $431,272 $1,251,436 $86,242
2021 $515,320 $390,124 $1,247,714 $125,196
2020 $463,824 $409,238 $1,053,767 $54,586
2019 $566,832 $476,081 $986,634 $90,751
2018 $597,182 $500,982 $854,794 $96,200
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