BIOHOUSTON INC

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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

2001

Legal Domicile

Principal Officer

Ann Tanabe

Phone

7138749300

Tax Period

2023-01-01 to 2023-12-31

BIOHOUSTON INC, founded in 2001, is a small nonprofit in the Medical Research sector that reported $595K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $98K, a strong 16% operating margin.

Mission

BIOHOUSTON INC IS A TEXAS NON-PROFIT CORPORATION WITH THE MISSION OF STIMULATING TECHNOLOGY TRANSFER AND THE COMMERCIALIZATION OF RESEARCH, WHILE BUILDING A CRITICAL MASS OF LIFE SCIENCE COMPANIES. TO ACCOMPLISH THIS GOAL, BIOHOUSTON ESTABLISHED CERTAIN PROGRAMS FOR LIFE SCIENCE COMPANIES. BIOHOUSTON IS SUPPORTED PRIMARILY THROUGH CONTRIBUTIONS FROM ITS MEMBERS, ASSOCIATES, THE PHILANTHROPIC COMMUNITY, AND REVENUE FROM CONFERENCES AND OTHER EVENTS HELD BY THE ORGANIZATION.

Program Service Accomplishments

Program 1

Expenses: $106,045

SUPPORT THE REGIONAL LIFE SCIENCE INDUSTRY THROUGH EDUCATIONAL CONFERENCES AND NETWORKING MEETINGS; BIOHOUSTON HOSTS TWO MAJOR ANNUAL CONFERENCES ATTRACTING HUNDREDS, BREAKFAST FORUMS, TECHNOLOGY...

SUPPORT THE REGIONAL LIFE SCIENCE INDUSTRY THROUGH EDUCATIONAL CONFERENCES AND NETWORKING MEETINGS; BIOHOUSTON HOSTS TWO MAJOR ANNUAL CONFERENCES ATTRACTING HUNDREDS, BREAKFAST FORUMS, TECHNOLOGY TRANSFER MEETINGS, AND OTHER MEETINGS TO FOSTER ENTREPRENEURSHIP, EDUCATION, AND NETWORKING.

Program 2

Expenses: $90,358

FOSTERING ENTREPRENEURSHIP IN THE LIFE SCIENCE INDUSTRY IN THE REGION.

Program 3

Expenses: $43,936

LEVERAGING THE SKILLS OF EXPERTS THROUGHOUT THE WORLD TO SUPPORT THE DEVELOPMENT OF PRODUCTS AND THERAPIES IN TEXAS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $231,500

Program Service Revenue $363,111

Investment Income $76

Other Revenue $0

TOTAL REVENUE $594,687

Expense Breakdown

Grants Paid $0

Salaries & Benefits $280,958

Fundraising Expenses $68,926

Program Expenses $283,026

Other Expenses $216,123

TOTAL EXPENSES $497,081

Year-over-Year Comparison

	2023	2022	Change
Revenue	$594,687	$656,341	-0.1%
Expenses	$497,081	$544,944	-0.1%
Net Income	$97,606	$111,397	-0.1%

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

Employees

Volunteers

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

$222,939

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANN K TANABE	CHIEF EXECUTIVE OFFICER	40.0	Officer	$200,427	$22,512	$222,939
DAVID MCWILLIAMS	DIRECTOR	0.5	Director	$0	$0	$0
Bruce Given MD	DIRECTOR	0.5	Director	$0	$0	$0
Joe Cunningham MD	DIRECTOR	0.5	Director	$0	$0	$0
Daniel J Moore	DIRECTOR	0.5	Director	$0	$0	$0
Margaret A Boulware	DIRECTOR	0.5	Director	$0	$0	$0
Dan Watkins PhD	DIRECTOR	0.5	Director	$0	$0	$0
ATUL VARADHACHARY PHD	DIRECTOR	0.5	Director	$0	$0	$0
JEFFREY WADE JD	CHAIRMAN OF THE BOARD	0.5	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
2024	No data	No data	No data	No data
2023	$594,687	$497,081	$667,285	$97,606
2022	$656,341	$544,944	$579,417	$111,397
2021	$328,578	$360,580	$451,429	$-32,002
2020	$300,402	$384,229	$426,137	$-83,827
2019	$549,611	$422,348	$529,700	$127,263
2018	$531,528	$408,372	$385,537	$123,156