Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 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 |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 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).. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 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.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 44,705 | 72,220 | 111,617 | 121,100 | 159,420 | 509,062 |
| 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 | 57,222 | 32,967 | 22,572 | 26,481 | 36,950 | 176,192 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | 0 | |||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | 0 | |||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | 0 | |||||
| 6 | Total. Add lines 1 through 5 | 101,927 | 105,187 | 134,189 | 147,581 | 196,370 | 685,254 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 0 | |||||
| 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. | 0 | |||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | 685,254 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 101,927 | 105,187 | 134,189 | 147,581 | 196,370 | 685,254 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 0 | |||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | 0 | |||||
| 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. | 0 | |||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | 0 | |||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 101,927 | 105,187 | 134,189 | 147,581 | 196,370 | 685,254 |
| 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 2019 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-2019 |
(iii) Distributable Amount for 2019 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2019 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2019: | ||||
| a From 2014....... | ||||
| b From 2015....... | ||||
| c From 2016....... | ||||
| d From 2017....... | ||||
| e From 2018....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2019 distributable amount | ||||
|
i
Carryover from 2014 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2019 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2019 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2020. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2015..... | ||||
| b Excess from 2016..... | ||||
| c Excess from 2017..... | ||||
| d Excess from 2018..... | ||||
| e Excess from 2019..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|
| Software ID: | 17005038 |
| Software Version: | 2017v2.2 |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Other Expenses.1002 | Office Expenses $339 |
| Other Expenses.1003 | Information Technology $10430 |
| Other Expenses.1 | Annual Conference $61391 |
| Other Expenses.2 | Workshop & Symposium $20444 |
| Other Expenses.3 | Special Social Events $18555 |
| Other Expenses.5 | Bank Services $284 |
| Other Expenses.6 | CA FEE $60 |
| Total Liabilities.1001 | Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $5900 |
| Form 990-EZ, Part III - Organization's Primary Exempt Purpose | The mission of CABS is to educate the public and promote public awareness of progress and development in the pharmaceutical and biotechnological industry, and to promote professional interaction in the fields of life science with the public. |
| Form 990-EZ, Part III - Line 28 Program Service Accomplishments | Program Services:BioPacific Conference 2018, (CABS 20th Annual Conference)Date: June 23,2018 Time: 8:00 AM - 7:00 PM Conference Location: Marriott, 1770 South Amphlett Blvd., San Mateo, CA 94402 Registration Revenue: $25,006; Program Expenses: $61,391This was a scientific and professional meeting. This meeting provided a general education to the biotechnology and pharmaceutical industry. It promoted interactions among biotechnology and academic professionals.The theme of the BioPacific Conference 2018 was "Innovation, Collaboration and Globalization" For the sixth year, we had CABS K. Fong Award in Life Sciences ceremony. In conjunction with the one day conference, we organized a workshop on business development skills and a one-on-one business partnering platform. This full-day event had over 500 professionals in various disciplines in the life science communities from across the Pacific Ocean. This was a great opportunity to not only learn about cutting-edge science and current trend in the life science industry but also network with life science professionals from both US and China.The major key topics for this year's conference were the follows:1. Combining Discreet Immune Mechanisms for Cancer Therapy: From Concept to Clinical Evidence.2. In-China-for Global Biologics: The Exciting Story of WuXi Biologics3. IP Considerations, Cross-border Licensing and Collaboration4. J&J Approach to Global Innovation5. Innovations, Tools, and Animal Models in Drop Development6. A World-Class Breakthrough in Blood Cancer Treatment 7. Developing Innovative Therapeutics8. The Regulatory Affairs after the Enforcement of ICH Guideline by CFDA and the Comparison of Regulatory Affairs between China and US9. Harnessing Potent Immune Agonist Pathways for Oncology and Beyond10, Panel Discussion: Investment, Acquisition and IPO in Life Sciences |
| Form 990-EZ, Part III - Line 29 Program Service Accomplishments | Workshop and Symposium:Program Revenue: $10,567 Program Expenses: $20,444The organization's another major program service is to organize and host the workshops and symposiums for the life science with scientists, professionals and public as well. For the fiscal year ended 08/31/2018, as the examples, the major workshops and symposiums the organization organized are the following:-Simcere Career Development and Recruitment Forum (09/14/2017)-PBSS-CABS Joint Web-cast Workshop: Conducting Clinical Trials in China (09/21/2017)-Business and Tax Landscape for Biotechnology and Pharmaceutical Industry in Singapore (10/22/2017)-CABS Commercial Strategy Workshop: Market and Reimbursement (12/02/2017)-2018 CABS Investor Forum (01/10/2018)-CABS Science Workshop: Novel Antibody Platforms and Applications (01/27/2018)-Big Data for Drug Target Discovery (02/03/2018)-CABS Workshop: The Science and Therapeutic Potential of Stem Cells (03/24/2018)-CABS Seminar: Molecular Imaging for Personalized Diagnosis and Precision Medicine (04/07/2018)-2018 Immunotherapy Symposium (07/21/2018)-RAMED China Medical Device Regulatory Forum (07/28/2018)-New Opportunities for Bio-Pharma Industry in China after CFDA Jointed ICHSeveral hundred people including scientists in the life science, professionals in various trainings, businesses in bio/pharmaceutical industries as well as public attended these workshops and symposiums. |
| Form 990-EZ, Part III - Line 30 Program Service Accomplishments | Special Social Events:Program Revenue: $1,378 Program Expenses: $18,555The organization is also organized special social events as the bridge to connect with professionals and industries crossed the country and world as well as the communities as the general public.In the fiscal year ended 08/31/2018, the organization hosted many events to introduce biopharmaceutical companies, science parks and venture capital firms from China to our members. These events were focused on career opportunities and entrepreneurship for its members as well as general public.The organization was also organized its Summer BBQ Networking Picnic for the CABS members with their families and friends. This social event promoted the networking between the professionals in the life science as well as increased the interactions with the public for the awareness of the development of life science. Couple of hundred people were benefited from this particular event.The major social events organized in this fiscal year by the organization were the follows:-New York Life Seminar Workshop: Protect Your Assetas, Provide for Retirement and Prepare a Legacy (10/28/17)-CABS Fitness Seninar & Workshop (01/27/2018)-2018 CABS Chinese New Year Party (02/10/2018)-CABS 2018 Summer BBQ (08/19/2018)-BioPacific Toastmaster Open House (08/25/18) |
| Software ID: | 17005038 |
| Software Version: | 2017v2.2 |