TY 2018 Form 990EZ

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? The organization is devoted to promoting and improving business conditions of the life science and biotechnology community of North Texas. It improves collaboration and networking between members alliance organizations and industry stakeholders; supports the development cycle of life sciences innovation from ideation through commercialization; promotes access to capital and provides funding-focused education for early stage and university based technology innovations; promotes industry awareness and partnership opportunities with academic institutions, incubators, and economic development entities; creates effective mechanisms to foster the convergence of industry and science; develops programs to attract, train and retain life sciences talent in the North Texas region; provides a forum for advocacy at the regional, state and national level; and promotes and improves the reputation of North Texas as a premier life science innovation region and a desired place to work and live.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 iC3 Life Science Summit Annual Conference - All events serve the purpose of creating an opportunity for the industry to come together as an ecosystem. People network, create partnerships, sales and innovation through the collaborative nature of the events. The organization gets exposure through presenting and exhibiting, including follow up after the events. (Grants $ 22,447) If this amount includes foreign grants, check here ...			28a
29 Event Forums - Regional networking and educational events with speakers and/or panels on various industry topics. (Grants $ ) If this amount includes foreign grants, check here ...			29a
30 Regulatory/Quality Assurance Committee Meetings - Hosted by Ceutical Labs (member company) for the purpose of networking and education with speaker topics on regulatory issues. (Grants $ 2,286) If this amount includes foreign grants, check here ...			30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	24,733

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)
Melissa Krauth Secretary	1.00	0
Kay Tieman Board Member	1.00	0
Terry Foster CEO & President	10.00	0
Jorge Varela Board Member	6.15	6,500
David Foster Secretary	1.00	0
Dave Carlson Treasurer	1.00	0
Frank Grassler Co-Chair	2.00	0
Art Clapp Board Member	1.00	0
Vipin Garag Board Member	0	0
Kristin Lonergan Board Member	1.00	0
Dr Duane Dimos Board Member	1.00	0
Maxwell Lea Board Member	1.00	0
Debbie Hutchinson Co-Chair	4.00	0
Jamie Walkowiak Board Member	1.00	0
Kathleen Gibson Board Member	1.00	0
Jason Wietjes Board Member	1.00	0

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Part I-A, Line 1 - Direct and Indirect Political Campaign Activities	None.

Return Reference	Explanation
Other Expenses.1001	Advertising and Promotion $5065
Other Expenses.1002	Office Expenses $1653
Other Expenses.1003	Information Technology $12699
Other Expenses.1005	Travel $7777
Other Expenses.1012	Insurance $928
Other Expenses.1	Contract Labor $55822
Other Expenses.2	Event Expenses $22380
Other Expenses.3	Meals $1395
Other Expenses.4	Dues and Subscriptions $1000
Other Expenses.5	Banking Fees $867

Return Reference

Explanation

Other Expenses.1001

Advertising and Promotion $5065

Other Expenses.1002

Office Expenses $1653

Other Expenses.1003

Information Technology $12699

Other Expenses.1005

Travel $7777

Other Expenses.1012

Insurance $928

Other Expenses.1

Contract Labor $55822

Other Expenses.2

Event Expenses $22380

Other Expenses.3

Meals $1395

Other Expenses.4

Dues and Subscriptions $1000

Other Expenses.5

Banking Fees $867

1	Contributions, gifts, grants, and similar amounts received ....................	1
2	Program service revenue including government fees and contracts ...............	2	42,612
3	Membership dues and assessments ...........................	3	56,265
4	Investment income ...........................	4
5a	Gross amount from sale of assets other than inventory .....	5a
b	Less: cost or other basis and sales expenses .......	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ..........	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	98,877

10	Grants and similar amounts paid (list in Schedule O) ............	10
11	Benefits paid to or for members ................	11
12	Salaries, other compensation, and employee benefits ................	12	6,500
13	Professional fees and other payments to independent contractors ............	13
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ..............	15
16	Other expenses (describe in Schedule O) ..............	16	109,586
17	Total expenses. Add lines 10 through 16 ..............	17	116,086

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-17,209
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) ............	19	34,855
20	Other changes in net assets or fund balances (explain in Schedule O) ..........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 .......	21	17,646

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	18007218
Software Version:	2018v3.1

Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.)		(b) Affiliated group totals
1a	Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................
b	Total lobbying expenditures to influence a legislative body (direct lobbying) ...............................
c	Total lobbying expenditures (add lines 1a and 1b) ...................................................................
d	Other exempt purpose expenditures ........................................................................
e	Total exempt purpose expenditures (add lines 1c and 1d) ...............................................
f	Lobbying nontaxable amount. Enter the amount from the following table in both columns.
	If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
	Not over $500,00020% of the amount on line 1e.
	Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
	Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
	Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
	Over $17,000,000$1,000,000.

g	Grassroots nontaxable amount (enter 25% of line 1f) .................................................
h	Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................
i	Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................
j	If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting section 4911 tax for this year? ...................................................................................................................	Yes No

4-Year Averaging Period Under section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
	Calendar year (or fiscal year beginning in)	(a) 2015	(b) 2016	(c) 2017	(d) 2018	(e) Total

2a	Lobbying nontaxable amount

b	Lobbying ceiling amount (150% of line 2a, column(e))

c	Total lobbying expenditures

d	Grassroots nontaxable amount

e	Grassroots ceiling amount (150% of line 2d, column (e))

f	Grassroots lobbying expenditures