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TO ENHANCE THE BIOSCIENCE-BASED ECONOMIC DEVELOPMENT IN THE STATE OF IOWA AND TO FURTHER THE OVERALL DEVELOPMENT AND ECONOMIC WELL-BEING OF THE STATE OF IOWA.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$7.7M
Program Spending
79%
of total expenses go to program services
Total Contributions
$7.6M
Total Expenses
▼$2.8M
Total Assets
$11.2M
Total Liabilities
▼$120.7K
Net Assets
$11.1M
Officer Compensation
→$374.5K
Other Salaries
$141.3K
Investment Income
$1,767
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$552.4K
Awards Found
2
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Commerce | IOWA GO TO MARKET (G2M) PROGRAM | $427.4K | FY2021 | Oct 2020 – Sep 2024 | Open → |
| Small Business Administration | FAST AWARD | $125K | FY2017 | Sep 2017 – Sep 2018 | Open → |
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
3
Clean Audits
1
Material Weakness
Yes
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Minor Findings | Unmodified (Clean) | $6M | No | 2026-01-05 |
| 2024 | Clean | Unmodified (Clean) | $4.2M | No | 2025-01-13 |
| 2023 | Material Weakness | Unmodified (Clean) | $2.7M | No | 2025-01-06 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.7M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $7.7M | $7.6M | $2.8M | $11.2M | $11.1M |
| 2022 | $1.8M | $1.8M | $1.6M | $1.1M | $1.1M |
| 2021 | $2.7M | $2.6M | $2.8M | $922.3K | $895.7K |
| 2020 | $1.4M | $1.3M | $1.3M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Steven Brody | CEO And President | 40 | $220.6K | $0 | $7,698 | $228.3K |
| Paul Schickler | Board Chair | 2 | $0 | $0 | $0 | $0 |
| Billi Hunt | Secretary/treasurer | 2 | $0 | $0 | $0 | $0 |
Steven Brody
CEO And President
$228.3K
Hrs/Wk
40
Compensation
$220.6K
Related Orgs
$0
Other
$7,698
Paul Schickler
Board Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Billi Hunt
Secretary/treasurer
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Steven Smith | Commercial Officer | 40 | $153.8K | $0 | $12.3K | $166.1K |
Steven Smith
Commercial Officer
$166.1K
Hrs/Wk
40
Compensation
$153.8K
Related Orgs
$0
Other
$12.3K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Dr Ashtyn Zinn | Member | 2 | $0 | $0 | $0 | $0 |
| Dr Ye Lao | Member | 2 | $0 | $0 | $0 | $0 |
| Matthew Warrens | Member | 2 | $0 | $0 | $0 | $0 |
| R Scott Johnson | Member | 2 | $0 | $0 | $0 | $0 |
| Tim Whipple | Member | 2 | $0 | $0 | $0 | $0 |
Dr Ashtyn Zinn
Member
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Dr Ye Lao
Member
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Matthew Warrens
Member
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
| $1M |
| $946.9K |
| 2019 | $1.5M | $1.4M | $1.2M | $935.4K | $906.5K |
| 2018 | $1.2M | $1M | $1.1M | $652K | $587.7K |
| 2017 | $1.2M | $1.1M | $1.2M | $658K | $517.7K |
| 2016 | $965.7K | $865.4K | $973.7K | $830.4K | $525.9K |
| 2015 | $721.6K | $636.2K | $525.4K | $567.5K | $528.9K |
| 2014 | $532.4K | $411.1K | $562.5K | $507.4K | $255.5K |
| 2013 | $1.1M | $1.1M | $915.3K | $801.6K | $285.6K |
| 2012 | $470.6K | $469.9K | $365.9K | $635.2K | $104.7K |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data | PDF not yet published by IRS |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
R Scott Johnson
Member
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Tim Whipple
Member
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0