Overview
What is Kansas Bioscience Organization Inc?
Kansas Bioscience Organization Inc, situated in Shawnee, Kansas, serves as an advocate for the bioscience community in the state. With a mission to enhance the business and research climate, they work closely with state leaders to attract and retain bioscience talent, companies, and funding. Their educational outreach activities are extensive, engaging with students, teachers, parents, and the public through initiatives like poster competitions and outreach programs. These efforts aim to foster interest and understanding in the various biosciences, including human, plant, animal, and industrial sectors. The organization, with a team of nine dedicated individuals, is a vital force in promoting and strengthening the biosciences industry in Kansas.
Official website here: www.biokansas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Stars
Kansas Bioscience Organization Inc has received a three-star rating from Charity Navigator, based on an overall score of 77% determined entirely by its Accountability & Finance metrics. This score reflects a strong emphasis on organizational governance, with 100% of the board members being independent, and robust financial practices, including comprehensive financial statements and policies for conflict of interest and whistleblowing.
Strengths of the organization include its fully independent board of directors and well-documented financial practices, which demonstrate a commitment to transparency and accountability. The organization has also shown no material diversion of assets, which further enhances its credibility. Additionally, the low liabilities to assets ratio indicates financial stability.
However, the organization received a lower score in the program expense ratio, with only 54.80% of its expenses allocated to programs. This may raise concerns about the efficiency of the organization's spending relative to its mission-driven activities. Overall, while Kansas Bioscience Organization Inc displays strong governance and financial practices, there is potential for improvement in program funding allocation.
This AI summary has been generated from information found on Charity Navigator.
Is Kansas Bioscience Organization Inc legitimate?
Kansas Bioscience Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kansas Bioscience Organization Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $160,863
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,119
For more financial information, click here
Official website here: www.biokansas.org
What is the mission statement of Kansas Bioscience Organization Inc?
The Kansas Bioscience Organization Inc serves as the unified voice for the biosciences sector, encompassing human, plant, animal, and industrial biosciences. Their primary focus is to improve the business and research climate, working collaboratively with state leaders to attract and retain bioscience talent, companies, and funding. A significant part of their activities involves educational outreach, engaging with students, teachers, parents, and the public through formal and informal events, such as poster competitions and outreach programs. The organization's goal is to foster a supportive environment for the biosciences industry, contributing to its growth and development.
Official website here: www.biokansas.org
Who is the CEO of Kansas Bioscience Organization Inc?
Sonia Hall is the Director of Kansas Bioscience Organization Inc. The CEO's salary of Kansas Bioscience Organization Inc is $154,732 and their total compensation is $160,863.
Official website here: www.biokansas.org
What is the revenue of Kansas Bioscience Organization Inc?
Kansas Bioscience Organization Inc's revenue in 2022 was $887,694.
Official website here: www.biokansas.org
Who are the executives of Kansas Bioscience Organization Inc and what are their salaries?
The average compensation at Kansas Bioscience Organization Inc during 2022 was $42,776. There are 9 employees and 50 volunteers at Kansas Bioscience Organization Inc.
Here are 21 key members and their salaries (Kansas Bioscience Organization Inc's CEO's salary is $154,732 and their total compensation is $160,863):
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- Compensation: $154,732
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Official website here: www.biokansas.org
Where can I find the form 990 for Kansas Bioscience Organization Inc?
Kansas Bioscience Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.biokansas.org
Learn more at the official website: www.biokansas.org
Mission Statement of Kansas Bioscience Organization Inc
Kansas Bioscience Organization Inc serves as the unified voice representing the biosciences sector in Kansas. Its mission extends across various domains of biosciences, including human, plant, animal, and industrial, with a primary focus on enhancing the business and research climate. The organization works collaboratively with leaders across the state to attract and retain bioscience talent, companies, and funding. By doing so, Kansas Bioscience Organization Inc aims to foster a conducive environment for the growth and development of the biosciences industry. Through its educational outreach activities, the organization actively engages with students, teachers, parents, and the public, participating in formal and informal events such as poster competitions and outreach programs. This proactive approach enables Kansas Bioscience Organization Inc to remain at the forefront of advocating for the biosciences sector and supporting its continued growth and success.
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Impact
October, 2024
Kansas Bioscience Organization Inc plays a crucial role in bolstering the bioscience sector in Kansas. By serving as the unified voice for the industry, it enhances collaboration among the human, plant, animal, and industrial biosciences. The organization focuses on improving the business and research environment, which is vital for attracting and retaining talent, companies, and funding in this critical field.
Through its educational outreach initiatives, Kansas Bioscience Organization Inc actively engages students, educators, and the community, creating awareness and fostering interest in biosciences. By hosting events like local, national, and international poster competitions, it encourages innovation and recognizes emerging talent. Additionally, outreach to teachers and parents helps cultivate a strong foundation for future generations in the biosciences.
Overall, the impact of Kansas Bioscience Organization Inc extends beyond advocacy; it directly contributes to the growth of the bioscience industry in the region and supports the development of a skilled workforce equipped to tackle the challenges and opportunities in this dynamic field.
This information is meant to be a general summary of Kansas Bioscience Organization Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $896
- Program Service Revenue: $377,486
- Gross Receipts: $917,654
Assets and Liabilities:
- Total Assets: $316,339
- Total Liabilities: $4,129
- Net Assets: $312,210
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROFESSIONAL DEVELOPME
Revenue
$206,841
MEMBERSHIP DUES
Revenue
$170,645
Organization Details
Founding Year
2003
Phone
(913) 495-4334Principal Officer
Sonia Hall
Main Address
15100 W 67TH STREET 201, SHAWNEE, KS, 66217
Website
www.biokansas.orgNTEE Category
Code: B90 - Education
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