Attach to Form 990 or Form 990-EZ.
Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
| (i)Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 9 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| Total | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any unusual grants.) .... | 396,807 | 543,421 | 329,649 | 550,315 | 502,753 | 2,322,945 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....... | 0 | |||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | |||||
| 4 | Total. Add lines 1 through 3 | 396,807 | 543,421 | 329,649 | 550,315 | 502,753 | 2,322,945 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 1,166,273 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 1,156,672 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 396,807 | 543,421 | 329,649 | 550,315 | 502,753 | 2,322,945 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 494 | 513 | 3,416 | 2,333 | 1,940 | 8,696 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 0 | |||||
| 11 | Total support. Add lines 7 through 10. | 2,331,641 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose...... | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 6 | Total. Add lines 1 through 5. | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons... | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2015 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2015 |
(iii) Distributable Amount for 2015 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2015 from Section C, line 6 |
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|
2
Underdistributions, if any, for years prior to 2015 (reasonable cause required--see instructions) |
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| 3 Excess distributions carryover, if any, to 2015: | ||||
| a | ||||
| b | ||||
| c | ||||
| d From 2013....... | ||||
| e From 2014....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2015 distributable amount | ||||
|
i
Carryover from 2010 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2015 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2015 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2015, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions) |
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|
6
Remaining underdistributions for 2015. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions) |
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|
7 Excess distributions carryover to 2016. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a | ||||
| b | ||||
| c Excess from 2013....... | ||||
| d From 2014....... | ||||
| e From 2015....... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|
| Software ID: | 15000324 |
| Software Version: | 2015v3.0 |
Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Form 990, Part III, Line 4d: Other Program Services Description | OTHER PROGRAM SERVICES 4: * Be the trusted information resource for the public on angiogenesis and angiogenesis-based medicine. OTHER PROGRAM SERVICES 5: * Advance the field of angiogenesis and its treatments through research. |
| Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et | William W. Li and Shawna C. Li - family relationshipVincent W. Li and William W. Li - family relationship- |
| Form 990, Part VI, Line 11b: Form 990 Review Process | Form 990 shall be prepared by the organization's accountant and tax preparer, and carefully reviewed by the organization's Chief Operating Officer and governing board's Treasurer for accuracy and completeness. The Executive Committee shall review and approve the Form 990 prior to submission and ensures that the filing is timely and in compliance with regulatory requirements. Directors receive a copy of Form 990 within 30 business days of submission, and in advance of the next board of directors meeting.- |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | The organization has a Statement of Principles distributed to all directors of the board and staff. Directors annually shall agree to the organization's written Conflict of Interest Policy, and annually complete a disclosure form describing relationships, interests, or situations which might result in or appear to be an actual, apparent, or potential conflict of interest. Disclosure shall be made to the President (or if she or he is the one with the conflict, then to the board chair), who shall determine whether a conflict exists and is material, and if the matters are material, bring them to the attention of the board chair. In the presence of an existing material conflict, a board subcommittee shall deliberate and determine what measures can address the situation at issue or what are alternatives to the proposed transaction; or after exercising due diligence shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction from an entity that would not give rise to a conflict of interest; or if appropriate, whether a contemplated transaction may be authorized as just, fair, and reasonable to the organization. Directors subject to a conflict of interest shall recuse themselves and shall not be present or participate in the deliberations or vote of the qualified directors with respect to such conflict of interest. To ensure the organization operates in a manner free from conflict of interests, periodic reviews shall be conducted. If the board of directors has reasonable cause to believe an already completed transaction involves a possible conflict of interest, the interested person shall be given the opportunity to disclose all material facts to the board subcommittee, whose members, after making further investigation as warranted by the circumstances, shall determine and recommend appropriate corrective action. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | In determining executive compensation, the Compensation Committee conducts appropriate due diligence, including collecting and analyzing data from national and local compensation surveys for comparability, shall document the basis for its determination, and makes its recommendation to the board of directors. Executive compensation shall be designed to attract and retain high-caliber executives, ensure pay is fair and equitable, and provide competitive compensation informed by the limits and expected growth of financial resources. The compensation package shall be considered and approved by directors of the board who are unrelated to and not subject to the control of disqualified persons involved in the compensation/transaction. Reasonable compensation shall be determined based upon a minimum of 12 criteria, including the nature of the duties expected of the executive, his/her background and experience; his/her knowledge of the business; the current and projected size, income and earnings of the business; the contribution he/she is expected to make in increasing the organization's income; the time he/she has devoted to the organization; the favorable economic conditions in the U.S.; the time of year the compensation is determined; the relationship and intent of parties; and the amount paid in similar-sized businesses for similar services in similar industries. This process is used to determine compensation for the President and Medical Director and for the Chief Operating Officer and Scientific Director.Fair and reasonable shall also drive the process in determining non-executive employee compensation. Compenstion shall be linked to experience, skill sets, performance, functional responsibilities, and benchmarked with compensation for similar roles in similar industries using annual published salary surveys. After exercising due diligence, the Chief Operating Officer makes recommendations for regular staff compensation to the President. The components of salary and benefits are listed in the employment package and contract. This process is used to determine compensation for all non-executive staff.- |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Consistent with requirements of Internal Revenue Code Section 6104(d), copies of the organization's Form 990, audited financial statements, and other required documents are made available, upon request, in a timely manner, to any individual who requests it. |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | Donated services & use of facilities & reported as expense = -$474836 |
| Form 990, Part I, Line 6 - Volunteers | Volunteers provided services for the following activities: conference staffing, administrative work, internet education planning, design, social media, and marketing.- |
| Software ID: | 15000324 |
| Software Version: | 2015v3.0 |