Bioscience & Technology Business Center Inc
Bioscience & Technology Business Center Inc shows significant asset growth and zero officer compensation, with increasing liabilities.
EIN: 205349674 · Lawrence, KS · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $5.0M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $45 |
| Net Assets | $20.5M |
| Transparency Score | 85/100 |
Is Bioscience & Technology Business Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bioscience & Technology Business Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bioscience & Technology Business Center Inc
Bioscience & Technology Business Center Inc (EIN: 205349674) is a nonprofit organization based in Lawrence, KS, classified under NTEE code S41. The organization reported total revenue of $4.9M and total assets of $46.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bioscience & Technology Business Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bioscience & Technology Business Center Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.6M |
| Total Expenses | $5.0M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $45.1M |
| Total Liabilities | $24.7M |
| Net Assets | $20.5M |
| Operating Margin | 24.7% |
| Debt-to-Asset Ratio | 54.6% |
| Months of Reserves | 109.3 months |
Financial Health Grade: A
In 2023, Bioscience & Technology Business Center Inc reported a surplus of $1.6M with revenue exceeding expenses, holds 109.3 months of operating reserves (strong position), has a debt-to-asset ratio of 54.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bioscience & Technology Business Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.5% | +16.9% | +1.5% |
| 2022 | +188.2% | +50.5% | +47.7% |
| 2021 | +94.2% | -4.4% | +50.9% |
| 2020 | -8.4% | -4.4% | +9.1% |
| 2019 | +4.3% | +4.0% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bioscience & Technology Business Center Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Bioscience & Technology Business Center Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 54.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees. This is a highly positive indicator for a nonprofit of its size, with assets reaching over $45 million.
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 Bioscience & Technology Business Center Inc's IRS 990 filings:
- Significant increase in liabilities without detailed explanation of their nature.
Strengths
The following positive indicators were identified for Bioscience & Technology Business Center Inc:
- Consistent 0% officer compensation, indicating strong financial transparency and resource allocation.
- Substantial and consistent growth in assets, from $15.4 million in 2014 to $45.1 million in 2023.
- Stable operational expenses relative to revenue over multiple years, suggesting good financial management.
Frequently Asked Questions about Bioscience & Technology Business Center Inc
Is Bioscience & Technology Business Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bioscience & Technology Business Center Inc (EIN: 205349674) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Bioscience & Technology Business Center Inc spend its money?
Bioscience & Technology Business Center Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bioscience & Technology Business Center Inc tax-deductible?
Bioscience & Technology Business Center Inc is registered as a tax-exempt nonprofit (EIN: 205349674). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bioscience & Technology Business Center Inc CEO make?
Bioscience & Technology Business Center Inc's highest-compensated officer earns $45 annually. The organization reported $4.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bioscience & Technology Business Center Inc's spending goes to programs?
Bioscience & Technology Business Center Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bioscience & Technology Business Center Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bioscience & Technology Business Center Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bioscience & Technology Business Center Inc located?
Bioscience & Technology Business Center Inc is headquartered in Lawrence, Kansas and files with the IRS under EIN 205349674. It is classified under NTEE code S41.
How many years of IRS 990 filings does Bioscience & Technology Business Center Inc have?
Bioscience & Technology Business Center Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.9M in total revenue.
Is Bioscience & Technology Business Center Inc a good charity?
Based on the provided data, BTBC appears to be a well-managed organization with strong asset growth and a notable commitment to transparency by reporting 0% officer compensation. Its focus on bioscience and technology business aligns with its NTEE code (S41 - Business & Industry). However, a full assessment would benefit from detailed program spending ratios and an understanding of the nature of its growing liabilities.
Why are liabilities increasing significantly?
Liabilities have grown from $6.8 million in 2014 to $24.6 million in 2023. This significant increase, alongside asset growth, suggests the organization may be using debt or other financial obligations to fund its expansion, such as acquiring or developing facilities for its business center. Further investigation into the type of liabilities (e.g., mortgages, bonds) would provide clarity.
What is the organization's primary source of revenue?
While not explicitly detailed in the provided data, an organization like BTBC (NTEE S41 - Business & Industry) typically generates revenue from sources such as grants, rental income from incubator spaces, service fees, and potentially investment income from its substantial assets. The fluctuating revenue, particularly the spike in 2022 to $13.8 million, could indicate significant grant funding or a major project completion.
Filing History
IRS 990 filing history for Bioscience & Technology Business Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bioscience & Technology Business Center Inc's revenue has grown by 393.8%, moving from $1.3M to $6.6M. Total assets increased by 599.1% over the same period, from $6.5M to $45.1M. Total functional expenses rose by 324.3%, from $1.2M to $5.0M. In its most recent filing year (2023), Bioscience & Technology Business Center Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $24.7M in liabilities against $45.1M in assets (debt-to-asset ratio: 54.6%), resulting in net assets of $20.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.6M | $5.0M | $45.1M | $24.7M | — | — |
| 2022 | $13.9M | $4.2M | $44.5M | $25.6M | — | View 990 |
| 2021 | $4.8M | $2.8M | $30.1M | $20.8M | — | View 990 |
| 2020 | $2.5M | $2.9M | $20.0M | $12.7M | — | — |
| 2019 | $2.7M | $3.1M | $18.3M | $10.5M | — | — |
| 2018 | $2.6M | $3.0M | $18.6M | $10.4M | — | View 990 |
| 2017 | $2.4M | $2.5M | $17.1M | $8.6M | — | View 990 |
| 2016 | $2.4M | $2.3M | $15.1M | $6.5M | — | View 990 |
| 2015 | $2.4M | $2.4M | $15.2M | $6.7M | — | View 990 |
| 2014 | $2.6M | $2.1M | $15.4M | $6.8M | — | View 990 |
| 2013 | $4.1M | $1.6M | $9.9M | $1.8M | — | View 990 |
| 2012 | $1.8M | $1.6M | $6.7M | $1.2M | — | View 990 |
| 2011 | $1.3M | $1.2M | $6.5M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.6M, expenses of $5.0M, and assets of $45.1M (revenue -52.5% year-over-year).
- 2022: Revenue of $13.9M, expenses of $4.2M, and assets of $44.5M (revenue +188.2% year-over-year).
- 2021: Revenue of $4.8M, expenses of $2.8M, and assets of $30.1M (revenue +94.2% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.9M, and assets of $20.0M (revenue -8.4% year-over-year).
- 2019: Revenue of $2.7M, expenses of $3.1M, and assets of $18.3M (revenue +4.3% year-over-year).
- 2018: Revenue of $2.6M, expenses of $3.0M, and assets of $18.6M (revenue +9.1% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.5M, and assets of $17.1M (revenue -0.5% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.3M, and assets of $15.1M (revenue +0.2% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.4M, and assets of $15.2M (revenue -9.9% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.1M, and assets of $15.4M (revenue -35.1% year-over-year).
- 2013: Revenue of $4.1M, expenses of $1.6M, and assets of $9.9M (revenue +124.5% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.6M, and assets of $6.7M (revenue +36.3% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.2M, and assets of $6.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bioscience & Technology Business Center Inc:
Data Sources and Methodology
This transparency report for Bioscience & Technology Business Center Inc 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.