BIOSTRATEGY PARTNERS INC

EIN: 861104679 501(c)(3) Community Improvement

BOILING SPRINGS, PA

Total Revenue
$178,155
Total Expenses
$147,930
Total Assets
$97,261
Net Assets
$81,267
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
PA
Principal Officer
ERIKA SWIFT
Phone
7174714477
Tax Period
2018-07-01 to 2019-06-30

BIOSTRATEGY PARTNERS INC, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $178K in total revenue in fiscal year 2018. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $30K, a strong 17% operating margin.

Mission

BIOSTRATEGY PARTNERS, INC. (BIOSP) IS A 501C3 NONPROFIT CONSORTIUM OF ACADEMIC MEDICAL CENTERS AND RESEARCH INSTITUTES COMMITTED TO THE DEVELOPMENT AND TRANSFER OF ACADEMIC RESEARCH INTO THE MARKETPLACE. BIOSP DEVELOPS AND OFFERS PROGRAMS AND SERVICES TO FOSTER INDUSTRY-ACADEMIC COLLABORATION, AID TECHNOLOGY DEVELOPMENT AND COMMERCIALIZATION, AND CONTRIBUTE TO THE ONGOING EDUCATION OF FACULTY AND GRADUATE STUDENTS ABOUT THE COMMERCIALIZATION AND TECHNOLOGY TRANSFER PROCESSES.

Program Service Accomplishments

Program 1
Expenses: $71,988 Revenue: $138,143

PHARMA GERMINATOR, A PROGRAM DESIGNED TO FACILITATE INDUSTRY-ACADEMIC COLLABORATIONS THROUGH A CUSTOMIZED SPONSORED RESEARCH PROCESS, EXPANDED TO INCLUDE ADDITIONAL CORPORATE PARTNERS AND RESEARCH...

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PHARMA GERMINATOR, A PROGRAM DESIGNED TO FACILITATE INDUSTRY-ACADEMIC COLLABORATIONS THROUGH A CUSTOMIZED SPONSORED RESEARCH PROCESS, EXPANDED TO INCLUDE ADDITIONAL CORPORATE PARTNERS AND RESEARCH INSTITUTIONS. IN ADDITION TO THE LONG-STANDING PARTNERSHIP WITH JANSSEN RESEARCH & DEVELOPMENT, BIOSTRATEGY PARTNERS ENTERED INTO CONTRACTS WITH DEPUY SYNTHES AND GLAXOSMITHKILINE. THE WISTAR INSTITUTE OF ANATOMY AND BIOLOGY AND THE UNIVERSITY OF THE SCIENCES JOINED AS NEW MEMBERS OF BIOSTRATEGY PARTNERS. THESE NEW INSTITUTIONS EXPAND THE NUMBER OF RESEARCH INSTITUTIONS TO SIX, JOINING THE LANKENAU INSTITUTE OF MEDICAL RESEARCH, PENNSYLVANIA STATE UNIVERSITY, TEMPLE UNIVERSITY, THOMAS JEFFERSON UNIVERSITY, AND THE WISTAR INSTITUTE OF ANATOMY AND BIOLOGY. BASED ON THE NEW CORPORATE CONTRACTS AND EXPANDED MEMBERSHIP, BIOSTRATEGY PARTNERS LAUNCHED NEW PHARMA GERMINATOR GRANT ROUNDS IN THIS FISCAL YEAR WITH THE POTENTIAL TO FUND UP TO 13 TECHNOLOGY ADVANCEMENT PROJECTS IN THE NEXT FISCAL YEAR.BIOSTRATEGY PARTNER'S PRACTICAL KNOWLEDGE SERIES (PKS) OF EDUCATIONAL EVENTS PROVIDES PRACTICAL AND TACTICAL CONTENT, DELIVERED BY EXPERTS, WITH A FOCUS ON TRANSLATIONAL SCIENCE AND THE COMMERCIALIZATION OF TECHNOLOGIES ARISING FROM MEMBER UNIVERSITIES AND RESEARCH INSTITUTIONS. PKS BROADCASTS ALL CONTENT TO THE MEMBERS OF BIOSTRATEGY PARTNERS, WHICH EXPANDED FROM FOUR INSTITUTIONS TO SIX IN THIS FISCAL YEAR.

Program 2

BIOSTRATEGY PARTNER'S PRACTICAL KNOWLEDGE SERIES (PKS) OF EDUCATIONAL EVENTS PROVIDES PRACTICAL AND TACTICAL CONTENT, DELIVERED BY EXPERTS, WITH A FOCUS ON TRANSLATIONAL SCIENCE AND THE...

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BIOSTRATEGY PARTNER'S PRACTICAL KNOWLEDGE SERIES (PKS) OF EDUCATIONAL EVENTS PROVIDES PRACTICAL AND TACTICAL CONTENT, DELIVERED BY EXPERTS, WITH A FOCUS ON TRANSLATIONAL SCIENCE AND THE COMMERCIALIZATION OF TECHNOLOGIES ARISING FROM MEMBER UNIVERSITIES AND RESEARCH INSTITUTIONS. PKS BROADCASTS ALL CONTENT TO THE MEMBERS OF BIOSTRATEGY PARTNERS, WHICH EXPANDED FROM FOUR INSTITUTIONS TO SIX IN THIS FISCAL YEAR.

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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 (2018)

Revenue Breakdown

Contributions & Grants $118,063
Program Service Revenue $60,000
Investment Income $12
Other Revenue $80
TOTAL REVENUE $178,155

Expense Breakdown

Grants Paid $60,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $71,988
Other Expenses $87,930
TOTAL EXPENSES $147,930

Year-over-Year Comparison

2018 2017 Change
Revenue $178,155 $102,526 +0.7%
Expenses $147,930 $94,448 +0.6%
Net Income $30,225 $8,078 +2.7%
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
7
Independent Members
7
Employees
N/A
Volunteers
8

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY J PELURA PHD VICE-PRESIDENT/TREASURER 1.00
Officer Director
$0 $0 $0
STEPHEN G NAPPI PRESIDENT 1.00
Officer Director
$0 $0 $0
HEATHER ROSE PHD JD DIRECTOR 1.00
Director
$0 $0 $0
HEATHER STEINMAN PHD MBA DIRECTOR 1.00
Director
$0 $0 $0
ZEV SUNLEAF DIRECTOR 1.00
Director
$0 $0 $0
ERIKA SWIFT DIRECTOR 1.00
Director
$0 $0 $0
GEORGE PRENDERGAST DIRECTOR 1.00
Director
$0 $0 $0
JEAN FRANCOIS JASMIN DIRECTOR 1.00
Director
$0 $0 $0
TODD ABRAMS OFFICER 1.00
Officer
$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
2019 $178,155 $147,930 $97,261 $30,225
2018 $102,526 $94,448 $180,876 $8,078
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