Bioone
- Assets
- $13.0m
- Revenue
- $12.9m
- Investments
- $0.0
- Employees
- 10
- Location
- Washington, DC
- Founding
- 07/2000
- Data as of
- 12/2021
- EIN
- 52-2187678
Organization Overview
Bioone is located in Washington, DC. The organization was established in 2000. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Bioone employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bioone 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, Bioone generated $12.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $11.2m during the year ending 12/2021. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIOONE COMPLETE: BIOONE COMPLETE IS THE ORGANIZATION'S FLAGSHIP PRODUCT, A FULL-TEXT AGGREGATED JOURNAL DATABASE LICENSED AS A SINGLE PACKAGE TO INDIVIDUAL EDUCATIONAL AND RESEARCH INSTITUTIONS, OFTEN THROUGH LIBRARY CONSORTIA AND SALES INTERMEDIARIES. IN 2021, BIOONE COMPLETE CONTAINED 216 TITLES FROM 158 NOT-FOR-PROFIT PUBLISHERS. THE MAJORITY OF SALES REVENUE FOR BIOONE COMPLETE IS RETURNED TO CURRENT PUBLISHERS THROUGH BIOONE'S REVENUE SHARING MODEL.
BIOONE COMPLETE ARCHIVE: THE BIOONE COMPLETE ARCHIVE IS A DERIVATIVE PRODUCT OF BIOONE COMPLETE, COMPRISED OF PARTICIPATING TITLES' FULL-TEXT JOURNAL CONTENT WHICH IS MORE THAN FIVE (5) YEARS OLD. THE BIOONE COMPLETE ARCHIVE IS SOLD AS A ONE-TIME PACKAGE PURCHASE TO INDIVIDUAL EDUCATIONAL AND RESEARCH INSTITUTIONS, SOMETIMES THROUGH LIBRARY CONSORTIA AND SALES INTERMEDIARIES. IN 2021, THE BIOONE COMPLETE ARCHIVE CONTAINED 172 TITLES FROM 128 NOT-FOR-PROFIT PUBLISHERS. THE MAJORITY OF SALES REVENUE FOR THE BIOONE COMPLETE ARCHIVE IS RETURNED TO PARTICIPATING PUBLISHERS THROUGH BIOONE'S REVENUE SHARING MODEL.
BIOONE OPEN ACCESS: BIOONE HOSTS OPEN ACCESS TITLES AND FULLY INTEGRATES THIS CONTENT IN BIOONE COMPLETE. LIKE THEIR SUBSCRIBED COUNTERPARTS, THE CURRENT CONTENTS OF BIOONE OPEN ACCESS TITLES ARE PRESENTED IN FULL-TEXT. BIOONE OPEN ACCESS TITLES ARE FREELY AVAILABLE TO ALL USERS IRRESPECTIVE OF SUBSCRIPTION. IN 2021, THE OPEN ACCESS COLLECTION INCLUDED 18 CURRENT FULLY OPEN ACCESS TITLES. THIS PROGRAM AIMS TO BE SELF-SUSTAINING, THUS BIOONE CHARGES PARTICIPATING TITLES A FLAT, PER-PUBLISHED PAGE RATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan B Skomal President/ceo | Officer | 40 | $262,254 |
Elizabeth Hutchins Dir. Of Operations & Technology | 40 | $132,400 | |
Christine E Orr Dir. Of Sales & Marketing | 40 | $125,500 | |
Kent Holsinger Board Director & Chair | OfficerTrustee | 2 | $0 |
Joni Blake Board Director & Secretary | OfficerTrustee | 2 | $0 |
Catherine Murray-Rust Board Director & Treasurer | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Association Of Research Libraries Admin. Services | 12/30/21 | $1,266,903 |
Spie Technology Services | 12/30/21 | $427,871 |
Cordia Partners Accounting Services | 12/30/21 | $147,386 |
Innodata Isogen Inc Data Conversion Service | 12/30/21 | $176,185 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $145,400 |
| 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 | $145,400 |
| Total Program Service Revenue | $12,630,960 |
| Investment income | $167,797 |
| 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 | $12,944,157 |
| 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. | $323,196 |
| Compensation of current officers, directors, key employees. | $323,196 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $602,208 |
| Pension plan accruals and contributions | $84,429 |
| Other employee benefits | $77,386 |
| Payroll taxes | $64,443 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,632 |
| Fees for services: Accounting | $209,607 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,188 |
| Fees for services: Other | $60 |
| Advertising and promotion | $36,760 |
| Office expenses | $28,960 |
| Information technology | $649,428 |
| Royalties | $4,005,340 |
| Occupancy | $16,230 |
| Travel | $4,392 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,301 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $98,080 |
| Insurance | $40,550 |
| All other expenses | $16,252 |
| Total functional expenses | $11,151,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,762,502 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $285,036 |
| 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 | $50,846 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,641,028 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $196,160 |
| Other assets | $36,466 |
| Total assets | $12,972,038 |
| Accounts payable and accrued expenses | $380,030 |
| Grants payable | $0 |
| Deferred revenue | $2,904,088 |
| 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 | $4,958,392 |
| Total liabilities | $8,242,510 |
| Net assets without donor restrictions | $4,729,528 |
| 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 | $12,972,038 |
Endowment Analysis
| Beg. Balance | $3,880,476 |
| Net Contributions | $1,081,866 |
| Ending Balance | $4,962,342 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Society Of Black Engineers Alexandria, VA | $28,465,255 | $16,810,333 |
Mitre Engenuity Incorporated Mclean, VA | $0 | $8,318,024 |
Bioone Washington, DC | $12,972,038 | $12,944,157 |
Analysis And Resilience Center For Systemic Risk Inc Arlington, VA | $11,004,408 | $11,753,500 |
Commonwealth Center For Advanced Manufacturing Disputanta, VA | $5,017,532 | $9,261,714 |
Institute Of Transportation Engineers Inc Washington, DC | $8,555,357 | $6,704,347 |
Military Health Research Foundation Inc Laurel, MD | $1,886,799 | $4,739,548 |
Nuclear Matters Washington, DC | $526,920 | $2,033,505 |
The Conservative Caucus Foundation Fairfax, VA | $117,863 | $1,627,492 |
Association For Information Science & Technology Leesburg, VA | $2,529,650 | $1,245,429 |
Engine Foundation Inc Washington, DC | $762,356 | $941,576 |
The Association For Preservation Technology International Inc Washington, DC | $1,171,849 | $843,738 |