Biobusiness Alliance Of Minnesota
Biobusiness Alliance Of Minnesota reports $0 revenue and assets, indicating operational cessation.
EIN: 202474734 · Golden Valley, MN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $203K |
| Net Assets | $-57,194 |
| Transparency Score | 10/100 |
Is Biobusiness Alliance Of Minnesota Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Biobusiness Alliance Of Minnesota
Biobusiness Alliance Of Minnesota (EIN: 202474734) is a nonprofit organization based in Golden Valley, MN. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Biobusiness Alliance Of Minnesota's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Biobusiness Alliance Of Minnesota is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -33.0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $215K |
| Total Expenses | $203K |
| Surplus / Deficit | +$12K |
| Total Assets | $18K |
| Total Liabilities | $75K |
| Net Assets | $-57,194 |
| Operating Margin | 5.4% |
| Debt-to-Asset Ratio | 424.2% |
| Months of Reserves | 1.0 months |
Financial Health Grade: B
In 2015, Biobusiness Alliance Of Minnesota reported a surplus of $12K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 424.2% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Biobusiness Alliance Of Minnesota's revenue has declined at a compound annual growth rate (CAGR) of -33.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -69.2% | -70.5% | -89.1% |
| 2014 | -30.4% | -31.6% | -60.7% |
| 2013 | -23.2% | -24.3% | +79.0% |
| 2012 | +22.2% | +6.2% | +5.0% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Biobusiness Alliance Of Minnesota with a Mission Score of 10 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Biobusiness Alliance Of Minnesota allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 424.2%.
Executive Compensation Analysis
The organization consistently reported 0% officer compensation across all available filings, suggesting that executive leadership was either unpaid or compensated through other means not classified as officer compensation, which is unusual for an organization of its former size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Biobusiness Alliance Of Minnesota's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential operational cessation.
- Significant and consistent decline in revenue from $1.3 million in 2012 to $0 currently.
- Liabilities consistently exceeded assets in all historical filings, suggesting financial instability.
Strengths
The following positive indicators were identified for Biobusiness Alliance Of Minnesota:
- Consistently reported 0% officer compensation in all available filings.
Frequently Asked Questions about Biobusiness Alliance Of Minnesota
Is Biobusiness Alliance Of Minnesota a legitimate charity?
Based on AI analysis of IRS 990 filings, Biobusiness Alliance Of Minnesota (EIN: 202474734) significant concerns. Mission Score: 10/100. 3 red flags identified, 1 strength noted.
How does Biobusiness Alliance Of Minnesota spend its money?
Detailed spending breakdown data is not yet available for Biobusiness Alliance Of Minnesota. Check back for updated IRS 990 analysis.
Are donations to Biobusiness Alliance Of Minnesota tax-deductible?
Biobusiness Alliance Of Minnesota is registered as a tax-exempt nonprofit (EIN: 202474734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Biobusiness Alliance Of Minnesota located?
Biobusiness Alliance Of Minnesota is headquartered in Golden Valley, Minnesota and files with the IRS under EIN 202474734.
How many years of IRS 990 filings does Biobusiness Alliance Of Minnesota have?
Biobusiness Alliance Of Minnesota has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Biobusiness Alliance Of Minnesota still operational?
Based on the latest reported revenue and assets of $0, it is highly unlikely that Biobusiness Alliance Of Minnesota is still operational.
What caused the significant decline in revenue?
The provided data does not specify the causes for the decline, but revenue dropped from over $1.3 million in 2012 to $214,599 in 2015, culminating in $0 in the latest report.
How did the organization manage its liabilities?
In all reported periods, the organization's liabilities consistently exceeded its assets, indicating a precarious financial position even before its current state of $0 assets.
Filing History
IRS 990 filing history for Biobusiness Alliance Of Minnesota showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Biobusiness Alliance Of Minnesota's revenue has declined by 79.9%, moving from $1.1M to $215K. Total assets decreased by 91.9% over the same period, from $218K to $18K. Total functional expenses fell by 83.8%, from $1.2M to $203K. In its most recent filing year (2015), Biobusiness Alliance Of Minnesota reported a surplus of $12K, with revenue exceeding expenses. The organization holds $75K in liabilities against $18K in assets (debt-to-asset ratio: 424.2%), resulting in net assets of $-57,194.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $215K | $203K | $18K | $75K | — | View 990 |
| 2014 | $696K | $687K | $161K | $230K | — | View 990 |
| 2013 | $1000K | $1.0M | $410K | $488K | — | View 990 |
| 2012 | $1.3M | $1.3M | $229K | $304K | — | View 990 |
| 2011 | $1.1M | $1.2M | $218K | $269K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $215K, expenses of $203K, and assets of $18K (revenue -69.2% year-over-year).
- 2014: Revenue of $696K, expenses of $687K, and assets of $161K (revenue -30.4% year-over-year).
- 2013: Revenue of $1000K, expenses of $1.0M, and assets of $410K (revenue -23.2% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $229K (revenue +22.2% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.2M, and assets of $218K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Biobusiness Alliance Of Minnesota:
Data Sources and Methodology
This transparency report for Biobusiness Alliance Of Minnesota is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.