BIOLOGIC INSTITUTE

EIN: 841670187 501(c)(3)

REDMOND, WA

Total Revenue
$370,611
Total Expenses
$347,797
Total Assets
$153,381
Net Assets
$142,558
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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
2005
Legal Domicile
WA
Principal Officer
DOUGLAS D AXE
Phone
4252964400
Tax Period
2017-10-01 to 2018-09-30

BIOLOGIC INSTITUTE, founded in 2005, is a small nonprofit that reported $371K in total revenue in fiscal year 2017. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $348K left a modest 6% surplus.

Mission

TO CONDUCT BASIC SCIENTIFIC RESEARCH ON TOPICS RELATING TO THE ORIGIN, ORGANIZATION AND OPERATION OF LIVING THINGS AND THEIR PARTS, AND TO THE NATURE OF ECOSYSTEMS AND ENVIRONMENTS CONDUCTIVE TO LIFE.

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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 (2017)

Revenue Breakdown

Contributions & Grants $370,611
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $370,611

Expense Breakdown

Grants Paid $0
Salaries & Benefits $267,475
Fundraising Expenses $8,950
Program Expenses $286,488
Other Expenses $80,322
TOTAL EXPENSES $347,797

Year-over-Year Comparison

2017 2016 Change
Revenue $370,611 $330,551 +0.1%
Expenses $347,797 $331,276 +0.0%
Net Income $22,814 $-725 -32.5%
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

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Governance

Voting Members
5
Independent Members
4
Employees
3
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
2
$135,989
Total Directors
5
$135,989
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUGLAS D AXE EXECUTIVE DI 45.00
Officer Director
$110,000 $25,989 $135,989
STEPHEN MEYER BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT WEBSTER BOARD MEMBER 1.00
Director
$0 $0 $0
TED ROBINSON SECRETARY/TR 1.00
Officer Director
$0 $0 $0
VINODH GUNASEKERA BOARD MEMBER 1.00
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
2018 $370,611 $347,797 $153,381 $22,814
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