BIOHIVE INSTITUTE

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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

2013

Legal Domicile

Phone

8017553085

Tax Period

2024-07-01 to 2025-06-30

BIOHIVE INSTITUTE, founded in 2013, is a community nonprofit in the Science & Technology sector that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $473K, a strong 37% operating margin.

Mission

BIOUTAH INSTITUTE WORKS TO PROVIDE EDUCATIONAL AND TRAINING OPPORTUNITIES IN THE LIFE SCIENCES INDUSTRY BY PROVIDING CLINICS AND SEMINARS AND BY WORKING WITH EDUCATIONAL, BUSINESS AND COMMUNITY LEADERS.

Program Service Accomplishments

Program 1

Expenses: $414,357 Revenue: $29,065

SEMINARS, CLINICS, TRAINING, AND EDUCATING THE PUBLIC, UNIVERSITY STUDENTS, AND FACULTY ABOUT THE BENEFITS AND OPPORTUNITIES IN THE FIELD OF LIFE SCIENCE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,287,101

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,287,101

Expense Breakdown

Grants Paid $0

Salaries & Benefits $441,097

Fundraising Expenses $156,665

Program Expenses $414,357

Other Expenses $373,178

TOTAL EXPENSES $814,275

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,287,101	$1,127,440	+0.1%
Expenses	$814,275	$831,769	0.0%
Net Income	$472,826	$295,671	+0.6%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

$190,374

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AIMEE EDWARDS	Executive Dir.	40.00	Officer	$175,000	$15,374	$190,374
AIMEE EDWARDS	EXECUTIVE DIRECTOR	0.00		$175,000	$15,374	$190,374
AIMEE EDWARDS	EXECUTIVE DIRECTOR	0.00		$175,000	$15,374	$190,374
ANDY ROBERTSON	MANAGING DIRECTOR	0.00		$113,333	$7,094	$120,427
BAILEY DAY	PROJECT COORD	0.00		$43,205	$3,878	$47,083
VINCENT LOK	COMMUNITY ENG	0.00		$21,875	$2,810	$24,685
JESSICA NANI	EVENTS MANAGER	0.00		$7,282	$1,437	$8,719
CHRIS GIBSON	Director	0.10	Director	$0	$0	$0
CINDY DUNKLE	Director	5.00	Director	$0	$0	$0
DENO HIMONAS	Director	0.10	Director	$0	$0	$0
ERIN MENDENHALL	Director	0.10	Director	$0	$0	$0
ERIN ROTHWELL	Director	0.10	Director	$0	$0	$0
JARED BAUER	Director	5.00	Director	$0	$0	$0
JONATHAN FREEDMAN	Director	0.10	Director	$0	$0	$0
KELVYN CULLIMORE	Director	0.10	Director	$0	$0	$0
RANDY RASMUSSEN	Director	0.10	Director	$0	$0	$0
RYAN STARKS	Director	0.10	Director	$0	$0	$0
RYAN MORLEY	Director	0.00	Director	$0	$0	$0

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
2025	$1,287,101	$814,275	$930,815	$472,826
2024	$1,127,440	$831,769	$460,604	$295,671
2022	$225,000	No data	$238,215	No data