BIONEXUS KC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
BIONEXUS KC (EIN 43-1889037)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202503219349303985
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T09:13:31-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN341874260PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1700 WEST 47TH STREET SUITE 1100AddressLine1Txt
CityKANSAS CITYCityNm
State AbbreviationMOStateAbbreviationCd
ZIP64112ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN431889037EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BIONEXUS KCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBIONBusinessNameControlTxt
Phone8167537700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line130 W PERSHING ROAD 210AddressLine1Txt
CityKANSAS CITYCityNm
State AbbreviationMOStateAbbreviationCd
ZIP64108ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDENNIS RIDENOURPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone8167537700PhoneNum
Signature2025-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLISA BURKEPreparerPersonNm
PTINP00220718PTIN
Phone8169455500PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDENNIS RIDENOURPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line130 W PERSHING ROAD 210AddressLine1Txt
CityKANSAS CITYCityNm
State AbbreviationMOStateAbbreviationCd
ZIP64108ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,285,240GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressBIONEXUSKC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateMOLegalDomicileStateCd
Activity Or MissionBIONEXUS KC ADVANCES THE KC REGION AS A GLOBAL LEADER AT THE NEXUS OF HUMAN & ANIMAL HEALTH.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee17TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,304,241PYContributionsGrantsAmt
CY Contributions Grants$2,047,778CYContributionsGrantsAmt
PY Program Service Revenue$195,894PYProgramServiceRevenueAmt
CY Program Service Revenue$205,376CYProgramServiceRevenueAmt
PY Investment Income$30,777PYInvestmentIncomeAmt
CY Investment Income$31,102CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,530,912PYTotalRevenueAmt
CY Total Revenue$2,284,256CYTotalRevenueAmt
PY Grants And Similar Paid$236,782PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$103,710CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$964,058PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,276,801CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$8,023CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$41,307CYTotalFundraisingExpenseAmt
PY Other Expenses$657,034PYOtherExpensesAmt
CY Other Expenses$1,019,384CYOtherExpensesAmt
PY Total Expenses$1,857,874PYTotalExpensesAmt
CY Total Expenses$2,407,918CYTotalExpensesAmt
PY Revenues Less Expenses-$326,962PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$123,662CYRevenuesLessExpensesAmt
Total Assets BOY$799,356TotalAssetsBOYAmt
Total Assets EOY$715,684TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$799,356NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$715,684NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionWE INSPIRE THINKERS FROM DIFFERENT DISCIPLINES TO COMBINE THEIR EFFORTS FOR A COMMON PURPOSE: HEALTHCARE INNOVATION.(CONTINUED ON SCHEDULE O)FROM BIOINFORMATICS TO CANCER RESEARCH AND BEYOND, WE STIMULATE COLLABORATION AND HELP BRING EMERGING TECHNOLOGIES FROM CONCEPT TO REALITY.THE KC REGION IS A GLOBAL LEADER AT THE NEXUS OF HUMAN AND ANIMAL HEALTH BENEFITING ALL OUR CITIZENS AND THE ECONOMY. OUR MISSION IS TO HIGHLIGHT LIFE SCIENCES RESOURCES AND THEIR VALUE TO THE COMMUNITY THROUGH COLLABORATION AND COMMERCIALIZATION. BIONEXUS KC CREATES OPPORTUNITIES AT THE NEXUS OF:-HUMAN AND ANIMAL HEALTH-URBAN AND RURAL HEALTH-ACADEMIA AND INDUSTRY-KANSAS AND MISSOURIMissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,816,429ExpenseAmt
Grant$103,710GrantAmt
Revenue$205,376RevenueAmt
Desc2024 WAS AN INCREDIBLY IMPACTFUL YEAR FOR BIONEXUS KC, MARKED BY EXPANDED PROGRAMS AND A CONTINUED COMMITMENT TO DRIVE COLLABORATION AND INNOVATION IN THE REGION. THESE EFFORTS FURTHER SOLIDIFIED KANSAS CITY'S POSITION AS A LIFE SCIENCES HUB DRIVEN BY CUTTING-EDGE RESEARCH AND TECHNOLOGY. THROUGH KEY INITIATIVES, STRATEGIC PARTNERSHIPS, AND COMMUNITY ENGAGEMENT, THE ORGANIZATION CONTINUES TO MAKE AN IMPACT ON THE REGIONAL LIFE SCIENCES AND HEALTHCARE ECOSYSTEMS. WITH THE GROWTH OF THE BIONEXUS KC TEAM, THE ORGANIZATION HAS EXPANDED ITS CAPACITY TO LEAD AND SUPPORT INNOVATION. (CONTINUED ON SCHEDULE O)THESE EFFORTS POSITION THE COMMUNITY TO ACCELERATE INNOVATION, ATTRACT TOP TALENT, AND CEMENT THE KC REGION'S REPUTATION AS THE PREMIER DESTINATION FOR LIFE SCIENCES AND DIGITAL HEALTH ADVANCEMENTS.2024 ACCOMPLISHMENTS:1. ADVANCING THE KC REGION'S LIFE SCIENCES ECOSYSTEM: "PATH TO 2025"2. DIGITAL HEALTH KC AND DIGITAL HEALTH DAY3. KC BIOHUB4. WORKFORCE DEVELOPMENT5. RESEARCH AND DEVELOPMENT GRANTS6. SCIECNE 2 ART7. BIONEXUS KC ANNUAL EVENT8. KC ONE HEALTH DAY9. NEXUS INFORMATICS CONFERENCEDesc
Total Program Service Expenses$1,816,429TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee17EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMOStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDENNIS RIDENOUR PRESIDENT CEOPersonNm
Phone8167537700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line130 W PERSHING RD STE 210AddressLine1Txt
CityKANSAS CITYCityNm
State AbbreviationMOStateAbbreviationCd
ZIP64111ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
DENNIS RIDENOUR
PRESIDENT & CEO40.00Yes (X)Yes (X)$256,332$0$38,253
WILLIAM S BERKLEY
CHAIR1.00Yes (X)Yes (X)$0$0$0
JEFF HARGROVES
TREASURER/SECRETARY1.00Yes (X)Yes (X)$0$0$0
MARIA STECKLEIN FLYNN
DIR./DIGITAL HEALTH KC CONSULTANT0.20Yes (X)$79,000$0$0
DAVID W FRANTZE
DIRECTOR0.20Yes (X)$0$0$0
THOMAS M SACK PHD
DIRECTOR0.20Yes (X)$0$0$0
ANNE D ST PETER
DIRECTOR0.20Yes (X)$0$0$0
SANDRA STITES
DIRECTOR0.20Yes (X)$0$0$0
GREG SWEAT
DIRECTOR0.20Yes (X)$0$0$0
DEBORAH WILKERSON
DIRECTOR0.20Yes (X)$0$0$0
CHAD GRITTMAN
VICE PRESIDENT40.00$115,378$0$24,147Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$450,710TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$62,400TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MELISSA CHAPMANBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line15345 W 102ND STREETAddressLine1Txt
CityOVERLAND PARKCityNm
State AbbreviationKSStateAbbreviationCd
ZIP66207ZIPCd
FieldValueIRS element (for citing)
ServicesCONSULTING FOR TECH HUBS/KC BIOHUBServicesDesc
Compensation$115,000CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$563,732GovernmentGrantsAmt
All Other Contributions$1,484,046AllOtherContributionsAmt
Total Contributions$2,047,778TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
KC ANNUAL EVENT541700$141,750$141,750
INFORMATICS CONFERENCE541700$55,993$55,993
SCIENCE2ART PROGRAM541700$5,718$5,718
ONE HEALTH DAY541700$1,915$1,915
FieldValueIRS element (for citing)
Total Program Service Revenue$205,376TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$32,082TotalRevenueColumnAmt
Exclusion$32,082ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$4SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
Other$984OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$4SecuritiesAmt
Other-$984OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$980TotalRevenueColumnAmt
Exclusion-$980ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,284,256TotalRevenueColumnAmt
Related Or Exempt Func Income$205,376RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$31,102ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$103,710TotalAmt
Program Services$103,710ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$373,585TotalAmt
Program Services$279,319ProgramServicesAmt
Management And General$88,375ManagementAndGeneralAmt
Fundraising$5,891FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$752,780TotalAmt
Program Services$527,485ProgramServicesAmt
Management And General$206,990ManagementAndGeneralAmt
Fundraising$18,305FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$40,407TotalAmt
Program Services$28,505ProgramServicesAmt
Management And General$10,880ManagementAndGeneralAmt
Fundraising$1,022FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$32,290TotalAmt
Program Services$22,584ProgramServicesAmt
Management And General$8,929ManagementAndGeneralAmt
Fundraising$777FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$77,739TotalAmt
Program Services$54,060ProgramServicesAmt
Management And General$21,875ManagementAndGeneralAmt
Fundraising$1,804FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$33,929TotalAmt
Program Services$655ProgramServicesAmt
Management And General$33,274ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$23,209TotalAmt
Management And General$23,209ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$43,280TotalAmt
Management And General$43,280ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$8,023TotalAmt
Fundraising$8,023FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$480,111TotalAmt
Program Services$448,375ProgramServicesAmt
Management And General$30,227ManagementAndGeneralAmt
Fundraising$1,509FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$82,459TotalAmt
Program Services$81,746ProgramServicesAmt
Management And General$713ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$49,269TotalAmt
Program Services$24,701ProgramServicesAmt
Management And General$24,519ManagementAndGeneralAmt
Fundraising$49FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$17,195TotalAmt
Program Services$4,845ProgramServicesAmt
Management And General$9,010ManagementAndGeneralAmt
Fundraising$3,340FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$51,210TotalAmt
Program Services$34,000ProgramServicesAmt
Management And General$16,915ManagementAndGeneralAmt
Fundraising$295FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$21,237TotalAmt
Program Services$19,531ProgramServicesAmt
Management And General$1,706ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$198,081TotalAmt
Program Services$186,913ProgramServicesAmt
Management And General$10,876ManagementAndGeneralAmt
Fundraising$292FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$588TotalAmt
Management And General$588ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$9,272TotalAmt
Management And General$9,272ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,544TotalAmt
Management And General$9,544ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,407,918TotalAmt
Program Services$1,816,429ProgramServicesAmt
Management And General$550,182ManagementAndGeneralAmt
Fundraising$41,307FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$782,618BOYAmt
EOY$691,389EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$129,334LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$105,039LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$16,738BOYAmt
EOY$24,295EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$799,356BOYAmt
EOY$715,684EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$452,019BOYAmt
EOY$532,257EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$347,337BOYAmt
EOY$183,427EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$799,356BOYAmt
EOY$715,684EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$799,356BOYAmt
EOY$715,684EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$123,662ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$10NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$40,000OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,017,110CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,633,232CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,293,738CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,304,241CurrentTaxYearMinus1YearAmt
Current Tax Year$2,047,778CurrentTaxYearAmt
Total$7,296,099TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,017,110CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,633,232CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,293,738CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,304,241CurrentTaxYearMinus1YearAmt
Current Tax Year$2,047,778CurrentTaxYearAmt
Total$7,296,099TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,615,960SubstantialContributorsTotAmt
Public Support Total170$4,680,139PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$20,513CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$137CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,492CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$30,853CurrentTaxYearMinus1YearAmt
Current Tax Year$32,082CurrentTaxYearAmt
Total$91,077TotalAmt
FieldValueIRS element (for citing)
Total Support$7,387,176TotalSupportAmt
Gross Receipts Rltd Activities$435,129GrossReceiptsRltdActivitiesAmt
Public Support CY1700.63350PublicSupportCY170Pct
Public Support PY1700.55150PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$43,280FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$43,280FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$2,364,638FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$2,407,918FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$270,396FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$67,599FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$202,190CurrentYearMinus3Amt
Current Year Minus2$181,923CurrentYearMinus2Amt
Current Year Minus1$242,894CurrentYearMinus1Amt
Current Year$270,396CurrentYearAmt
Total$897,403TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$1,346,105LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$600CurrentYearMinus3Amt
Current Year Minus2$668CurrentYearMinus2Amt
Current Year Minus1$275CurrentYearMinus1Amt
Current Year$43,280CurrentYearAmt
Total$44,823TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$50,548CurrentYearMinus3Amt
Current Year Minus2$45,481CurrentYearMinus2Amt
Current Year Minus1$60,724CurrentYearMinus1Amt
Current Year$67,599CurrentYearAmt
Total$224,352TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$336,528GrassrootsCeilingAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$79,077OtherCostOrOtherBasisAmt
Depreciation$57,140DepreciationAmt
Book Value$21,937BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$50,257OtherCostOrOtherBasisAmt
Depreciation$47,899DepreciationAmt
Book Value$2,358BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$24,295TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,284,246TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$10NetUnrealizedGainsInvstAmt
Revenue Not Reported-$10RevenueNotReportedAmt
Revenue Subtotal$2,284,256RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,284,256TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,367,918TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,367,918ExpensesSubtotalAmt
Other Expenses Not Included$40,000OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$40,000ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,407,918TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:BIONEXUS KC HAS BEEN GRANTED AN EXEMPTION FROM INCOME TAXES BY THE INTERNAL REVENUE SERVICE UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME DURING THE 2024 TAX YEAR. THE ORGANIZATION HAS EVALUATED THE STANDARDS REQUIRING DISCLOSURE OF UNCERTAIN TAX POSITIONS AND DETERMINED THAT THERE ARE NO MATERIAL MATTERS WHICH REQUIRE DISCLOSURE.
PART XII, LINE 4B - OTHER ADJUSTMENTS:RECOVERY OF PRIOR YEAR GRANTS 40,000.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
UNIVERSITY OF MISSOURI - KANSAS CITY
5000 HOLMES STKANSAS CITYMO64110436003859501(C)(3)$49,995$0N/AN/AMEDICAL RESEARCH
CHILDREN'S MERCY HOSPITAL
2401 GILLHAM RDKANSAS CITYMO64108440605373501(C)(3)$49,995$0N/AN/AMEDICAL RESEARCH
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS ARE FOR A ONE-YEAR DURATION. GRANT RECIPIENTS AGREE TO PROVIDE A PROGRESS REPORT AT SIX MONTHS AND A SUMMARY TECHNICAL PROGRESS REPORT WITHIN 30 DAYS OF THE END OF THE PERFORMANCE TO INCLUDE: 1. A SUMMARY OF TECHNICAL PROGRESS RELATIVE TO THE GOALS AND OBJECTIVES PROPOSED IN THE PROPOSAL. 2. A STATEMENT CONCERNING THE EFFECTIVENESS AND BENEFITS REALIZED FROM THE COLLABORATIONS INVOLVED. GRANT RECIPIENTS AGREE TO PROVIDE (UPON REQUEST) A COPY OF ALL PROPOSALS SUBMITTED TO EXTERNAL FUNDING AGENCIES AS A RESULT OF THE SUPPORT PROVIDED AND SUBSEQUENTLY NOTIFY BIONEXUS KC OF ACCEPTANCE OR REJECTION THEREOF. IF THE GRANT RECIPIENT RECEIVES ALTERNATIVE FUNDS FOR SUPPORT OF THIS SPECIFIC PROJECT, BIONEXUS KC REQUESTS THAT THE RECIPIENT RETURN ANY UNEXPENDED FUNDS TO THE INSTITUTE SO THAT THEY CAN BE USED TO SUPPORT OTHER INVESTIGATORS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonDENNIS RIDENOURPersonNm
TitlePRESIDENT & CEOTitleTxt
Base Compensation Filing Org$225,241BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$31,091BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$26,310DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$11,943NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$294,585TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationTHE CEO'S BONUS IS GIVEN AT THE DISCRETION OF THE BOARD. THE VICE PRESIDENT'S BONUS IS GIVEN AT THE DISCRETION OF THE CEO.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 2THE KANSAS CITY BIOSECURE MANUFACTURING TECH HUB (KC BIOHUB) SERVES AS A BACKBONE ORGANIZATION FOR THE REGION'S BIOLOGICS AND BIOMANUFACTURING CLUSTER, AND OUR ACTIVITIES ARE DESIGNED TO MEET THE NEEDS OF INDUSTRY, ENTREPRENEURS, AND OUR COMMUNITY. ONE OF 31 TECH HUBS DESIGNATED BY THE U.S. DEPARTMENT OF COMMERCE'S ECONOMIC DEVELOPMENT ADMINISTRATION (EDA), KC BIOHUB HAS BEEN ENDORSED BY THE FEDERAL GOVERNMENT AS AN ECOSYSTEM WITH THE POTENTIAL TO ACHIEVE GLOBAL INDUSTRY LEADERSHIP WITHIN TEN YEARS.
FORM 990, PART III, LINE 4A1. ADVANCING THE KC REGION'S LIFE SCIENCES ECOSYSTEM: "PATH TO 2025" NEARLY A DECADE AGO, BIONEXUS KC COLLABORATED WITH STAKEHOLDERS, DELOITTE, AND THE COMMUNITY TO DEVELOP A 10-YEAR STRATEGIC PLAN CALLED THE PATH TO 2025, IDENTIFYING KEY LIFE SCIENCES OPPORTUNITIES AND FOUNDATIONAL ELEMENTS NECESSARY FOR REGIONAL GROWTH. THE PATH TO 2025, STILL RELEVANT TODAY, GUIDES BIONEXUS KC AND THE REGION IN THE WORK WE COLLECTIVELY PRIORITIZE AND ADVANCE AND, IN 2024, BIONEXUS KC LED REGIONAL EFFORTS CONVENING STAKEHOLDERS AROUND KEY COLLABORATIVE OPPORTUNITIES. THE KC BIOHUB FOCUSED ON GROWING THE BIOMANUFACTURING CAPACITY OF LARGE MOLECULES AND BIOLOGICS THAT ARE VITAL TO ANIMAL HEALTH, CANCER RESEARCH AND TREATMENT, NEUROSCIENCE, RARE DISEASES, AUTOIMMUNE DISEASES, AND PREVENTION OF INFECTIOUS DISEASES. THIS INITIATIVE ELEVATED THE REGION AND BIONEXUS KC TO NATIONAL PROMINENCE, INCREASING GLOBAL AWARENESS OF THE AREA'S SCIENTIFIC CONTRIBUTIONS. AS A RESULT, BIONEXUS KC AND THE KC REGION HOSTED SEVERAL FEDERAL DELEGATIONS IN 2024, INCLUDING BIOMEDICAL ADVANCED RESEARCH AND DEVELOPMENT AUTHORITY (BARDA), THE ECONOMIC DEVELOPMENT ADMINISTRATION (EDA), THE NATIONAL SECURITY COMMISSION ON EMERGING BIOTECHNOLOGY (NSCEB), AND SEVERAL CONGRESSIONAL DELEGATIONS TO FEATURE OUR REGIONAL ASSETS AND BUILD CONNECTED RELATIONSHIPS TO OUR STAKEHOLDERS. DIGITAL HEALTH KC MARKED A MAJOR MILESTONE ON THE PATH TO 2025. LONG IDENTIFIED AS A KEY REGIONAL STRENGTH AND OPPORTUNITY, DIGITAL HEALTH HAS BECOME ONE OF OUR AREA'S MOST ROBUST INDUSTRIES. THE ECOSYSTEM INCLUDES 125+ DIGITAL HEALTH COMPANIES AND CONNECTS INVESTORS, ENTREPRENEURS, HEALTHCARE LEADERS, AND COMMUNITY MEMBERS AROUND TECHNOLOGY-DRIVEN HEALTH IMPROVEMENT EFFORTS. COLLABORATION CONTINUES TO TIE ALL OUR WORK TOGETHER. WE ADVANCED CAPITAL: BRINGING MORE INVESTORS TO THE TABLE, EDUCATING INVESTORS ON LIFE SCIENCES OPPORTUNITIES, AND HELPING ENTREPRENEURS NAVIGATE ANGEL AND VENTURE FUNDING PROCESSES. TO ADDRESS THE TALENT NEEDS OF THE REGION, WE LAUNCHED THE BIOTECH FOR MO TRAINING PROGRAM IN PARTNERSHIP WITH FULL EMPLOYMENT COUNCIL AND METROPOLITAN COMMUNITY COLLEGE. THROUGH COLLECTIVE EFFORTS, BIONEXUS KC AND THE REGION WILL FILL IN THE GAPS IN THE LIFE SCIENCES ECOSYSTEM, DRIVE SIGNIFICANT GROWTH, AND SHARE THE STORY OF A THRIVING ECOSYSTEM. 2. DIGITAL HEALTH KC AND DIGITAL HEALTH DAY IN 2024, DIGITAL HEALTH KC MADE CONSIDERABLE STRIDES IN OUR MISSION OF SUPPORTING EARLY-STAGE DIGITAL HEALTH COMPANIES AND FOSTERING INNOVATION IN THE KANSAS CITY REGION. AT THE CENTER OF HEALTH + DATA, DIGITAL HEALTH KC IS ADVANCING THE REGION'S DIGITAL HEALTH CLUSTER THROUGH MEANINGFUL COLLABORATIONS AND STRATEGIC PARTNERSHIPS. MORE THAN JUST AN ORGANIZATION, DIGITAL HEALTH KC REPRESENTS A COMMUNITY-POWERED INITIATIVE THAT UNITES CRUCIAL PARTNERS INCLUDING THE UNIVERSITY OF MISSOURI-KANSAS CITY INNOVATION CENTER, KC DIGITAL DRIVE, AND PIPELINE ENTREPRENEURS TO NURTURE AND ELEVATE LOCAL TALENT. DIGITAL HEALTH KC HAS SERVED AS A POWERFUL CATALYST FOR INNOVATION, TRANSFORMING PREVIOUSLY DISCONNECTED COMPANIES INTO A COHESIVE ECOSYSTEM OF INNOVATORS ALIGNED TOWARD ECONOMIC GROWTH. OUR COMMUNITY ENGAGEMENT EFFORTS HAVE BEEN SIGNIFICANT, CREATING INTENTIONAL CONNECTIONS THAT SPARK COLLABORATION. NETWORKING EVENTS PROVIDE OPPORTUNITIES TO CELEBRATE WINS, SHARE FUTURE PLANS, AND BUILD REGIONAL CONNECTIONS, WHILE HEALTHCARE 201 SESSIONS OFFER EXPERT-LED EDUCATION ON RELEVANT DIGITAL HEALTH TOPICS. THROUGH THESE INITIATIVES, DIGITAL HEALTH KC HAS ESTABLISHED MEANINGFUL RELATIONSHIPS WITH STARTUPS, INVESTORS, DIGITAL HEALTH COMPANIES, AND INDUSTRY PARTNERS. THESE GATHERINGS HAVE FOSTERED NEW PARTNERSHIPS AND HAVE ACCELERATED KNOWLEDGE SHARING ACROSS THE DIGITAL HEALTH COMMUNITY IN KANSAS CITY. THE IMPACT OF DIGITAL HEALTH KC EXTENDS BEYOND NETWORKING, AS WE'VE SUCCESSFULLY CONNECTED EARLY-STAGE COMPANIES WITH FUNDING OPPORTUNITIES, PROVIDED PERSONALIZED GUIDANCE ON BUSINESS STRATEGIES AND PRODUCT-MARKET FIT, AND FACILITATED VALUABLE PARTNERSHIPS BETWEEN FOUNDERS. WE HAVE SUPPORTED ENTREPRENEURS IN AMPLIFYING THEIR STORIES, INCLUDING CHRIS JONES, FOUNDER AND CEO OF MATCHRITECARE, WHO SHARED THEIR JOURNEY ON THE NATIONALLY STREAMED PROGRAM, ADVANCEMENTS WITH TED DANSON. THE CULMINATION OF THE YEAR'S EXCITING AND TRANSFORMATIVE WORK WAS CELEBRATED AT OUR INAUGURAL ANNUAL EVENT, DIGITAL HEALTH DAY. THIS LANDMARK GATHERING ORGANIZED 15 INDUSTRY EXPERT SPEAKERS AND 400+ LEADERS TO NETWORK, COLLABORATE, AND CELEBRATE ACHIEVEMENTS IN OUR REGION'S DIGITAL HEALTH EFFORTS. A HIGHLIGHT OF THE DAY WAS THE LUMI AWARDS CEREMONY, RECOGNIZING INDIVIDUALS ILLUMINATING THE PATH FORWARD IN DIGITAL HEALTH INNOVATION. THE AWARDS CELEBRATED DIVERSE CONTRIBUTIONS ACROSS OUR ECOSYSTEM. 3. KC BIOHUB THE KANSAS CITY BIOSECURE MANUFACTURING TECH HUB (KC BIOHUB) SERVES AS A BACKBONE ORGANIZATION FOR THE REGION'S BIOLOGICS AND BIOMANUFACTURING CLUSTER, AND OUR ACTIVITIES ARE DESIGNED TO MEET THE NEEDS OF INDUSTRY, ENTREPRENEURS, AND OUR COMMUNITY. ONE OF 31 TECH HUBS DESIGNATED BY THE U.S. DEPARTMENT OF COMMERCE'S ECONOMIC DEVELOPMENT ADMINISTRATION (EDA), KC BIOHUB HAS BEEN ENDORSED BY THE FEDERAL GOVERNMENT AS AN ECOSYSTEM WITH THE POTENTIAL TO ACHIEVE GLOBAL INDUSTRY LEADERSHIP WITHIN TEN YEARS. OUR WORK INCLUDES SHORT- AND LONG-TERM STRATEGIES, LIKE: DRIVING INCREASED ACTIVITY TO KANSAS CITY'S EXISTING BIOMANUFACTURING CLUSTER THROUGH BOTH INCREASED ACTIVITY TO OUR EXISTING CRO/CDMO ASSETS AND SUPPORTING BIOMANUFACTURING SITE SELECTION ACTIVITY; DESIGNING A WORKFORCE DEVELOPMENT PIPELINE PREPARED TO TRAIN 10,000 WORKERS FOR "GOOD JOBS", FACILITATE SKILLS-BASED HIRING, AND MEET INDUSTRY AND WORKER NEEDS; DEVELOPING THE PHYSICAL INFRASTRUCTURE AND CAPITAL ASSETS THAT ENTREPRENEURS NEED TO SUCCESSFULLY GROW THEIR BUSINESSES AND BRING NEW LIFE-SAVING AND LIFE-IMPROVING INNOVATIONS TO MARKET; CREATING OPPORTUNITIES FOR SMALL BUSINESSES AND STARTUPS TO ENTER THIS MARKET BY HELPING THEM IDENTIFY NEW BUSINESS OPPORTUNITIES AND GAIN THE SPECIALIZED SKILLS AND KNOWLEDGE NEEDED TO OPERATE IN THIS HIGHLY REGULATED INDUSTRY; ENGAGING WITH THE COMMUNITY STRATEGICALLY AND AUTHENTICALLY FROM THE EARLIEST STAGE OF DEVELOPMENT TO BUILD LONG-TERM TRUST AND STRUCTURING INVESTMENTS SO THAT GROWTH IN THE INDUSTRY BENEFITS, RATHER THAN DISPLACES, DISINVESTED COMMUNITIES. THE GLOBAL PHARMA MARKET'S SHIFT FROM SMALL MOLECULES TO BIOLOGIC DRUGS OPENS NEW AVENUES TO BUILD U.S. COMPETITIVENESS IN BIOLOGICS PRODUCTION AS THE INDUSTRY UNDERGOES CHANGE. THE KC REGION HAS THE ASSETS TO LEAD IN THIS TRANSITION, LEVERAGING STRENGTHS IN ANIMAL AND HUMAN BIOLOGICS DEVELOPMENT AND MANUFACTURING AND EXPERTISE IN BIOSECURITY & BIODEFENSE. REGIONAL ASSETS INCLUDE FOUR R1 RESEARCH INSTITUTIONS, AS WELL AS PUBLIC AND NON-PROFIT ORGANIZATIONS LIKE THE NATIONAL BIO AND AGRO-DEFENSE FACILITY, MRIGLOBAL, MISSOURI UNIVERSITY RESEARCH REACTOR, CHILDREN'S MERCY RESEARCH INSTITUTE, AND THE UNIVERSITY OF KANSAS CANCER CENTER. THE PRIVATE SECTOR ALSO HAS A CRITICAL MASS OF BIOLOGICS MANUFACTURING AND ONE OF THE HIGHEST CONCENTRATED CLUSTERS OF CONTRACT RESEARCH, DEVELOPMENT, AND MANUFACTURING ORGANIZATIONS IN THE NATION. THIS INITIATIVE HAS BEEN UNDER DEVELOPMENT FOR FIVE YEARS, STEMMING FROM THE KC RISING "IDEAS" WORKING GROUP, CONVENING BUSINESS AND COMMUNITY LEADERS TO SELECT A CLUSTER FOR THE KC REGION TO TARGET TO INCREASE ECONOMIC GROWTH. THE KC BIOHUB TEAM, LED BY PRESIDENT MELISSA ROBERTS CHAPMAN, IS LEADING OUR REGION'S EFFORTS TO GROW A WORLD-LEADING BIOLOGICS AND BIOMANUFACTURING CLUSTER, WORKING WITH OUR CONSORTIUM MEMBERS TO DEVELOP A STRATEGIC PLAN, BUILD FOR OPERATIONAL SUSTAINABILITY, AND IMPLEMENT EARLY PROGRAMMATIC EFFORTS.
FORM 990, PART III, LINE 4A4. WORKFORCE DEVELOPMENT WITH THE RECENT DESIGNATION AS A U.S. TECH HUB, KANSAS CITY IS UNDERGOING A TRANSFORMATIONAL EXPANSION IN ITS BIOMANUFACTURING AND BIOTECHNOLOGY SECTOR. THE KC REGION HAS THE LARGEST CONCENTRATION OF ANIMAL HEALTH AND NUTRITION COMPANIES IN THE WORLD AND NOW AIMS TO STRENGTHEN THESE RESOURCES TO INCREASE DRUG DISCOVERY INNOVATION AND PRODUCTION OF BIOLOGICS FOR BOTH ANIMALS AND HUMANS. GROWTH OF THE BIOTECH SECTOR WILL CREATE A SURGING DEMAND FOR STABLE, HIGH-PAYING JOBS WITH UPWARD MOBILITY. THESE JOBS WILL REQUIRE DIVERSE LEVELS OF TECHNICAL SKILLS AND SCIENTIFIC KNOWLEDGE ACQUIRED THROUGH EITHER DEGREE PROGRAMS OR NON-DEGREE WORKFORCE TRAINING PROGRAMS. IN DIRECT RESPONSE TO THIS GROWING DEMAND, BIONEXUS KC AND KC BIOHUB ARE COORDINATING WITH REGIONAL BIOSCIENCE COMPANIES, RESEARCH INSTITUTIONS, AND PUBLIC WORKFORCE SYSTEMS TO FORMULATE STRATEGIC WORKFORCE DEVELOPMENT PROGRAMS THAT ARE BOTH INDUSTRY- RESPONSIVE AND ADAPTIVE TO COMMUNITY CHALLENGES. THE BIOSCIENCE INDUSTRY OCCUPATIONAL TRAINING AND EQUITY COLLABORATIVE HUB FOR MISSOURI (BIOTECH FOR MO) IS A STATEWIDE PROGRAM DELIVERING TRAINING FOR HIGH- DEMAND TECHNICAL SKILLS NECESSARY FOR LABORATORY TECHNICIAN ROLES THAT DO NOT REQUIRE A DEGREE. USING ALLOCATED ARPA FUNDS (MISSOURI DED WORKFORCE DEVELOPMENT TRAINING GRANT THROUGH BIOSTL), BIONEXUS KC SPEARHEADED THE DEVELOPMENT OF CAREER-LAUNCHING, SHORT-TERM TECHNICAL TRAINING COURSES TO BE DELIVERED IN KANSAS CITY. UNIQUE TO THESE COURSES IS AN EMBEDDED OPPORTUNITY FOR TRAINEES TO QUALIFY FOR INDUSTRY RECOGNIZED CREDENTIALS THROUGH THE BIOSCIENCE CORE SKILLS INSTITUTE, DEVELOP CAREER READINESS SKILLS THROUGH THE FULL EMPLOYMENT COUNCIL, AND GAIN FIRST-HAND EXPERIENCE OF TRAINING ON A COLLEGE CAMPUS AT METROPOLITAN COMMUNITY COLLEGE. ADDITIONALLY, INDUSTRY ACCESS TO TALENT WILL IMPROVE THROUGH DIRECT TRAINEE NETWORKING, HELPING COMPANIES FILL JOBS FASTER. 5. RESEARCH AND DEVELOPMENT GRANTS RESEARCH DEVELOPMENT GRANTS REPRESENT ONE OF BIONEXUS KC'S OLDEST AND MOST POPULAR PROGRAMS. GRANTS ARE AWARDED TO GENERATE PRELIMINARY DATA THAT SUPPORT SUBMISSION OF MAJOR MULTIDISCIPLINARY RESEARCH PROPOSALS TO GOVERNMENT OR PRIVATE FUNDING AGENCIES. APPLICANTS RECEIVE WRITTEN PEER REVIEWS, REGARDLESS OF WHETHER THEIR PROJECT RECEIVED FUNDING, TO HELP THEM IMPROVE FUTURE GRANT APPLICATIONS. THIS PROGRAM IS HIGHLY VALUED BY OUR STAKEHOLDERS. FROM 2002 TO 2024, THE BIONEXUS KC PROGRAM MANAGED 165 GRANTS THAT AWARDED OVER $10 MILLION IN RESEARCH FUNDING, SUPPORTING GROUNDBREAKING SCIENTIFIC INITIATIVES THROUGHOUT THE REGION. HISTORICALLY, FOR EVERY $1 INVESTED IN GRANTS, $13.10 HAS BEEN RETURNED TO THE REGION'S SCIENTISTS AND COMMUNITY IN EXTERNAL FUNDING. 6. SCIENCE2ART SCIENCE2ART TRANSFORMS COMPLEX RESEARCH INTO VISUALLY COMPELLING WORKS OF ART. THIS UNIQUE PROGRAM GIVES REGIONAL SCIENTISTS A PLATFORM TO SHARE THEIR DISCOVERIES THROUGH VISUAL STORYTELLING, MAKING THEIR WORK MORE ACCESSIBLE AND ENGAGING TO THE PUBLIC. EACH PIECE REPRESENTS A PERSONAL RESEARCH JOURNEY, CREATED IN COLLABORATION WITH THE SCIENTISTS AND THEIR TEAMS. PROCEEDS FROM THE AUCTIONED ARTWORK DIRECTLY SUPPORT STEAM EDUCATION INITIATIVES ACROSS OUR REGION. 7. BIONEXUS KC ANNUAL EVENT OUR 2024 BIONEXUS KC ANNUAL EVENT CELEBRATED HOMEGROWN INNOVATION AND THE COLLECTIVE IMPACT OF OUR REGION, BRINGING TOGETHER 500+ LEADERS, RESEARCHERS, STUDENTS, AND INNOVATORS AT THE MIDLAND. THIS YEAR'S EVENT HIGHLIGHTED OUR REGIONAL SUCCESS AND THE ROLE OFLOCALLY-DRIVEN INITIATIVES IN SHAPING THE FUTURE OF LIFE SCIENCES. THE KEYNOTE BY BRUCE KATZ, CO-FOUNDER AND INAUGURAL DIRECTOR OF THE NOWAK METRO FINANCE LAB, FOCUSED ON HOW CITIES AND REGIONS CAN HARNESS THEIR UNIQUE STRENGTHS TO DRIVE MEANINGFUL PROGRESS. KATZ HIGHLIGHTED THE SHIFTING POWER OF PLACE, EMPHASIZING HOW STRATEGIC LOCAL INVESTMENTS IN RESEARCH, ENTREPRENEURSHIP, AND INFRASTRUCTURE DRIVE INNOVATION AND LONG-TERM IMPACT. HE REINFORCED THE IMPORTANCE OF LEVERAGING KANSAS CITY'S EXPANDING LIFE SCIENCES ECOSYSTEM TO CREATE SUSTAINABLE GROWTH AND LASTING CHANGE. HIS INSIGHTS UNDERSCORED HOW COLLABORATION ACROSS SECTORS CAN AMPLIFY REGIONAL STRENGTHS AND ACCELERATE TRANSFORMATION. BEYOND THE KEYNOTE, THE EVENING PROVIDED AN OPPORTUNITY TO RECOGNIZE THE ACHIEVEMENTS AND PARTNERSHIPS THAT HAVE PROPELLED OUR REGION FORWARD. BIONEXUS KC HAS LONG BEEN A DRIVING FORCE BEHIND KANSAS CITY'S THRIVING LIFE SCIENCES COMMUNITY, CULTIVATING CONNECTIONS AND INNOVATION TO ADVANCE HEALTH AND SCIENTIFIC DISCOVERY. COLLABORATION IS OUR FOUNDATION AND BY WORKING TOGETHER ACROSS THE REGION WE ENSURE OUR REGION CONTINUES TO THRIVE AND PRODUCE ECONOMIC AND SOCIAL IMPACTS THAT BENEFIT ALL. THE ANNUAL EVENT SERVED AS BOTH A CELEBRATION OF PAST SUCCESSES AND A CALL TO ACTION FOR FUTURE COLLABORATION. WITH CONTINUED INVESTMENT IN LOCAL TALENT, RESEARCH, AND INNOVATION, OUR REGION IS POISED TO BECOME A NATIONAL LEADER IN LIFE SCIENCES. THE COMMITMENT AND PASSION OF OUR COMMUNITY WILL CONTINUE TO DRIVE GROUNDBREAKING DISCOVERIES, NEW MEDICAL TREATMENTS, AND TRANSFORMATIVE SOLUTIONS THAT IMPROVE LIVES.
FORM 990, PART III, LINE 4A8. KC ONE HEALTH DAY BIONEXUS KC, IN COLLABORATION WITH KU MEDICAL CENTER, KANSAS STATE UNIVERSITY OLATHE, AND KU EDWARDS, HOSTED KC ONE HEALTH DAY. THIS ANNUAL EVENT HIGHLIGHTS THE INTERCONNECTEDNESS OF HUMAN, ANIMAL, AND ENVIRONMENTAL HEALTH. THIS YEAR'S THEME, FOOD AS MEDICINE, EXPLORED THE CRITICAL ROLE OF NUTRITION IN OVERALL WELL-BEING, EMPHASIZING HOW FOOD PRODUCTION, ACCESSIBILITY, AND ENVIRONMENTAL FACTORS INFLUENCE HEALTH OUTCOMES. OVER 150 ATTENDEES GAINED VALUABLE INSIGHTS FROM EXPERTS IN HUMAN, ANIMAL, AND ENVIRONMENTAL HEALTH WHO SHARED INNOVATIVE RESEARCH APPROACHES TO IMPROVING HEALTH THROUGH NUTRITION. THEIR IN-DEPTH DISCUSSIONS CLEARLY UNDERSCORED THE CRITICAL IMPORTANCE OF CROSS-DISCIPLINARY COLLABORATION IN ADDRESSING HEALTH CHALLENGES THROUGH FOOD AND NUTRITION. THE EVENT ALSO PROVIDED AN OPPORTUNITY FOR STUDENTS TO SHOWCASE THEIR WORK, WITH 18 PARTICIPANTS PRESENTING RESEARCH POSTERS, COMPETING FOR CASH SCHOLARSHIPS. THEIR PROJECTS REFLECTED THE COMPLEXITY OF FOOD SYSTEMS AND THE VITAL CONNECTION BETWEEN NUTRITION AND HEALTH. KC ONE HEALTH DAY CONTINUES TO FOSTER COLLABORATION AND KNOWLEDGE-SHARING, REINFORCING THE IMPORTANCE OF A ONE HEALTH APPROACH. BY BRIDGING DISCIPLINES AND ENGAGING BOTH STUDENTS AND PROFESSIONALS, THE EVENT UNDERSCORES LIFE SCIENCES INITIATIVES IN THE KC REGION. 9. NEXUS INFORMATICS CONFERENCE THE NEXUS INFORMATICS CONFERENCE, POWERED BY BIONEXUS KC, CONVENED EXPERTS AND LEADERS FROM INDUSTRY, ACADEMIA, MEDICINE, AGRICULTURE, TECHNOLOGY, AND BIOLOGY. THIS TWO-DAY EVENT, HELD AT CHILDREN'S MERCY RESEARCH INSTITUTE, SERVED AS A DYNAMIC PLATFORM FOR KNOWLEDGE EXCHANGE, SHOWCASING THE LATEST ADVANCEMENTS IN INFORMATICS AND FOSTERING COLLABORATION AMONG DIVERSE DISCIPLINES. THE CONFERENCE FEATURED TWO KEYNOTE SPEAKERS WHO EXPLORED THE EVOLVING ROLE OF INFORMATICS. HARRY CAUFIELD, PHD, FROM LAWRENCE BERKELEY NATIONAL LABORATORY PRESENTED ON INTEGRATING ARTIFICIAL INTELLIGENCE WITH BIOMEDICAL DATA TO DRIVE DISCOVERY. MAIA HIGHTOWER, MD, FOUNDER OF EQUALITY AI, EMPHASIZED THE NEED FOR ETHICAL AND EQUITABLE ARTIFICIAL INTELLIGENCE APPLICATIONS IN MEDICAL DECISION-MAKING. THE CONFERENCE COVERED MANY DIVERSE TOPICS: ENVIRONMENTAL DATA, FOOD SYSTEMS, ADVANCED IMAGE ANALYSIS, REAL-WORLD PUBLIC HEALTH APPLICATIONS, AND DISEASE PREVENTION INFORMATICS. EACH SESSION FEATURED A PANEL DISCUSSION, ALLOWING ATTENDEES TO ASK QUESTIONS, AND GAIN DEEPER INSIGHTS INTO THE LATEST ADVANCEMENTS. INDUSTRY LEADERS ALSO SHARED REAL-WORLD EXAMPLES OF INFORMATICS, DEMONSTRATING HOW DATA IS TRANSFORMING HEALTHCARE AND LIFE SCIENCES.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED BY THE AUDIT COMMITTEE. THE FULL BOARD OF DIRECTORS RECEIVES A COPY OF THE FORM PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CALL STAFF AND DIRECTORS MUST SUBMIT ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS. IF A CONFLICT ARISES WITHIN THE BOARD, THE DISCLOSING INDIVIDUAL SHALL NEITHER VOTE NOR ENDEAVOR TO INFLUENCE THE DECISION.
FORM 990, PART VI, SECTION B, LINE 15ACOMPENSATION OF THE ORGANIZATION'S PRESIDENT & CEO IS AGREED UPON BY THE BOARD OF DIRECTORS AND FINALIZED VIA A WRITTEN EMPLOYMENT CONTRACT. THIS APPROVAL IS DOCUMENTED IN THE MINUTES OF THE BOARD. THE ORGANIZATION USES A COMPENSATION COMMITTEE AND CONDUCTS A COMPENSATION STUDY TO FACILITATE THE COMPENSATION PROCESS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ONLY AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GCONSULTANTS: PROGRAM SERVICE EXPENSES 185,596. MANAGEMENT AND GENERAL EXPENSES 11,915. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 197,511. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 45,209. MANAGEMENT AND GENERAL EXPENSES 18,312. FUNDRAISING EXPENSES 1,509. TOTAL EXPENSES 65,030. CENSUS: PROGRAM SERVICE EXPENSES 18,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,000. BIOHUB MANAGEMENT: PROGRAM SERVICE EXPENSES 199,570. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 199,570.
FORM 990, PART XI, LINE 9:RECOVERY OF PRIOR YEAR GRANTS 40,000.
FORM 990, PART XII, LINE 1:THE ORGANIZATION'S FINANCIAL STATEMENTS HAVE BEEN PREPARED ON THE MODIFIED CASH BASIS OF ACCOUNTING, WHICH IS A BASIS OF ACCOUNTING OTHER THAN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. UNDER THIS METHOD OF ACCOUNTING, PROPERTY AND EQUIPMENT IS CAPITALIZED AS AN ASSET ON THE STATEMENTS OF ASSETS AND NET ASSETS - MODIFIED CASH BASIS, AND DEPRECIATION EXPENSE AND GAINS AND LOSSES ON DISPOSAL OF PROPERTY AND EQUIPMENT ARE RECORDED ON THE STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET ASSETS - MODIFIED CASH BASIS. ADDITIONALLY, INVESTMENTS ARE RECORDED AS AN ASSET ON THE STATEMENTS OF ASSETS AND NET ASSETS - MODIFIED CASH BASIS, AND GAINS AND LOSSES RELATED TO THE INVESTMENTS ARE RECORDED ON THE STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET ASSETS - MODIFIED CASH BASIS. ALL OTHER ELEMENTS OF THE FINANCIAL STATEMENTS ARE MAINTAINED ON THE CASH BASIS OF ACCOUNTING.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.

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