Bionorthtexas Inc
- Assets
- $3.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Irving, TX
- Founding
- 02/2016
- Data as of
- 12/2021
- EIN
- 47-1752944
Organization Overview
Bionorthtexas Inc is located in Irving, TX. The organization was established in 2016. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bionorthtexas Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Bionorthtexas Inc generated $3.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (36.9%) each year. All expenses for the organization totaled $2.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (39.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DURING 2021, MOST ACTIVITIES OF THIS ENTITY WERE PERFORMED BY BIONORTHTEXAS FOUNDATION, A 501(C)(3) ENTITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jorge Varela Director | 1 | $0 | |
Jason Wietjes Chairman | 1 | $0 | |
David Foster Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,500 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $150 |
| Other Revenue | $0 |
| Total Revenue | $3,650 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,671 |
| Total expenses | $2,171 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,990 |
| Other assets | $0 |
| Total assets | $2,990 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,990 |