Biohouston Inc
- Assets
- $451.4k
- Revenue
- $328.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 04/2002
- Data as of
- 12/2021
- EIN
- 76-0683142
Organization Overview
Biohouston Inc is located in Houston, TX. The organization was established in 2002. According to its NTEE Classification (H19) the organization is classified as: Support N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biohouston Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Biohouston Inc generated $328.6k 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 (13.8%) each year. All expenses for the organization totaled $360.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION OF LIFE SCIENCE BY BRINGING TOGETHER RESOURCES, CAPABILITIES, AND OPPORTUNITIES TO DEVELOP THE SOUTHEAST TEXAS REGION AS A GLOBAL LEADER IN BIOTECHNOLOGY RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT THE REGIONAL LIFE SCIENCE INDUSTRY THROUGH EDUCATIONAL CONFERENCES AND NETWORKING MEETINGS; BIOHOUSTON HOSTS TWO MAJOR ANNUAL CONFERENCES ATTRACTING HUNDREDS, BREAKFAST FORUMS, TECHNOLOGY TRANSFER MEETINGS, AND OTHER MEETINGS TO FOSTER ENTREPRENEURSHIP, EDUCATION, AND NETWORKING.
FOSTERING ENTREPRENEURSHIP IN THE LIFE SCIENCE INDUSTRY IN THE REGION.
LEVERAGING THE SKILLS OF EXPERTS THROUGHOUT THE WORLD TO SUPPORT THE DEVELOPMENT OF PRODUCTS AND THERAPIES IN TEXAS.
OTHER PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann K Tanabe Chief Executive Officer | Officer | 40 | $203,000 |
David B Mcwilliams Chairman Of The Board | Trustee | 1 | $0 |
Bruce Given MD Director | Trustee | 1 | $0 |
Joe Cunningham MD Director | Trustee | 1 | $0 |
David Leebron Director | Trustee | 1 | $0 |
Daniel J Moore Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $232,167 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $232,167 |
| Total Program Service Revenue | $96,339 |
| Investment income | $72 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $328,578 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $203,000 |
| Compensation of current officers, directors, key employees. | $30,450 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,553 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,127 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $432 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $141 |
| Royalties | $0 |
| Occupancy | $12,012 |
| Travel | $2,142 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,599 |
| All other expenses | $0 |
| Total functional expenses | $360,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,819 |
| Savings and temporary cash investments | $370,594 |
| Pledges and grants receivable | $15,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,016 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $451,429 |
| Accounts payable and accrued expenses | $19,430 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $82,615 |
| Total liabilities | $102,045 |
| Net assets without donor restrictions | $349,384 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $451,429 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Biohouston Inc has recieved totaling $13,698.
| Awarding Organization | Amount |
|---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: WISE 2021 Silver Level Underwriter #103999 | $9,450 |
Greater Houston Community Foundation Houston, TX PURPOSE: BioHouston 2020 Membership Dues - Inv. #103917 | $2,248 |
Greater Houston Community Foundation Houston, TX PURPOSE: 2021 contribution, #104006 | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hub Houston Inc Houston, TX | $935,728 | $1,283,431 |
Hope4harper Carrollton, TX | $183,031 | $511,294 |
Research Advocacy Network Inc Plano, TX | $167,959 | $276,198 |
Biohouston Inc Houston, TX | $451,429 | $328,578 |
Jefferson Regional Medical Center Foundation Pine Bluff, AR | $439,597 | $296,173 |
Partnership For Achieving Total Health Inc New Orleans, LA | $474,046 | $240,750 |
Air Boost Austin, TX | $151,245 | $20,000 |
Children Of God For Life Inc Hideaway, TX | $88,867 | $0 |
David H Nickerson Foundation Dallas, TX | $57,002 | $3,012 |