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.") . | 111,617 | 121,100 | 159,420 | 154,810 | 80,920 | 627,867 |
| 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 | 22,572 | 26,481 | 36,950 | 22,247 | 2,970 | 111,220 |
| 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 | 134,189 | 147,581 | 196,370 | 177,057 | 83,890 | 739,087 |
| 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.) | 739,087 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 134,189 | 147,581 | 196,370 | 177,057 | 83,890 | 739,087 |
| 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.).. | 134,189 | 147,581 | 196,370 | 177,057 | 83,890 | 739,087 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 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) |
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| 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: | 19009920 |
| Software Version: | 2019v5.0 |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Other Expenses.1003 | Information Technology $12665 |
| Other Expenses.1 | Annual Conference $41305 |
| Other Expenses.2 | Covid-19 Donation $34138 |
| Other Expenses.3 | Special Social Events $5413 |
| Other Expenses.4 | Office Expenses and Supplies $1788 |
| Other Expenses.5 | Workshop & Symposium $1687 |
| Other Expenses.6 | Bank Services $1475 |
| Other Expenses.7 | Telephone $685 |
| Other Expenses.9 | Due and Subscription $250 |
| Other Expenses.10 | Transportation $128 |
| Other Expenses.11 | CA FEE $10 |
| Other Assets.1005 | Accounts Receivable - Beginning $3000 Accounts Receivable - Ending $20000 |
| Other Assets.1011 | Prepaid Expenses and Deferred Charges - Beginning $700 Prepaid Expenses and Deferred Charges - Ending $0 |
| Total Liabilities.1001 | Accounts Payable and Accrued Expenses - Beginning $6500 Accounts Payable and Accrued Expenses - Ending $1100 |
| 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 2020, (CABS 22nd Annual Conference)Registration Revenue: $0; Program Expenses: $41,305Annual BioPacific Conference, a scientific and professional conference, is the major program for the Organization to accomplish its missions to provide general education to the biotechnology and pharmaceutical industries and to promote interactions among biotechnology and academic professionals.However, due to the Covid-19, this year's conference was forced to be canceled from its already scheduled event. As the result, the Organization lost its advanced payments for the facilities reserved in advance. |
| Form 990-EZ, Part III - Line 29 Program Service Accomplishments | Workshop and Symposium:Program Revenue: $0 Program Expenses: $1,687The 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 08/31/2020, as the examples, the major workshops and symposiums the organization organized are the following:-Gene Therapy Workshop Event Recap (10/05/2019)-Broad Spectrum Antiviral Remdesivir for the Treatment of Emerging Viral Infections with High Outbreak Potential (02/27/2020)-Targeting Coronaviral Proteases with Small Molecule Drugs (03/16/2020)-Covid-19 Clinical Treatment and Research Experiences from China (03/24/2020)-Covid-19 Pandemic Requires Global Collaborations (05/02/2020)-Stress Relief and Metal Health in Covid-19 Pandemic (05/09/220)-The Race of Covid-19 Vaccine (05/16/2020)-Executives Roundtable: Career Advancement & Leadership (6/14/2020) -Challenges After Re-Opening (6/20/2020)-Science and Technology Caught Between the United States and China (6/27/2020)-Contact Tracing and Control of Covid-19 Community Spread (08/22/2020)-Antibody Drug Conjugates Seminar (08/29/2020)More than ten thousand 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: $2,970 Program Expenses: $5,413The 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 08/31/2020, 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 (09/07/2019)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:-CABS Entrepreneurship Club Thanksgiving Party (11/24/2019)-BioPacific Toastmaster Club Contests of 2020 (02/22/2020) |
| Form 990-EZ, Part III - Line 30 Program Service Accomplishments | Covid-19 Campaign:Program Revenue: $36,060 Program Expenses: $34,138The organization initiated Covid-19 campaign from March 2020 with its members and sponsors to address the shortage of medical supplies, especially, N95/KN95 face masks, Coveralls and face shields for hospitals and medical workers. From its members and sponsors, the Organization received cash donations for $36,060. The organization, with its special business relationships with medical suppliers, purchased N95/KN95 face masks, Lakeland coveralls, Thomas scientific coveralls, face shields and medical goggles in order to donate to community hospitals in the Bay Area and nationwide. The Organization used the actual purchase costs and direct shipping costs to determine the fair market value of the donated medical supplies.During the Covid-19 Campaign, the Organization was able to donate the medical supplies to the following hospitals, all qualified organizations under 501(c)3:NYC-HHC - Queens Hospital Center (13-2655001)82-68 164 Street, Jamaica, NY 11432400 KN95s, 200 Lakeland Coveralls, 117 Thomas coveralls, 200 face shieldsFair Market Value at Costs: $4,459New York Presbyterian Queens (11-1839362)56-45 Main Street, Flushing, NY 1135560 Thomas coverallsFair Market Value at Costs: $1,182Greater Baltimore Medical Center (52-6049658)6701 North Charles Street, Baltimore, MD 212041,000 masks, 100 Lakeland Coveralls, 200 face shieldsFair Market Value at Costs: $866Internal Medicine Brookdale, University Hospital and Medical Center (11-1631746)1 Brookdale Plaza, Brooklyn, NY 11212340 N95s, 60 Thomas coveralls, 120 goggles, 225 Lakeland coverallsFair Market Value at Costs: $4,833St Mary Foundation Susana Vasquez (95-1914489)18300 US Highway 18, Apple Valley, CA 92307-220640 goggles, 100 KN95s,40 surgical masks, 20 N95s, 100 Lakeland coverallsFair Market Value at Costs: $655Tulane University School of Medicine (72-0423889)1430 Tulane Avenue, New Orleans, LA 70112680 N95s, 100 Lakeland coverallsFair Market Value at Costs: $3,852Thomas Jefferson University Hospital (23-2829095)111 S 11th St Philadelphia, PA 19107340 N95, 200 face shields, 100 Lakeland coveralls, 60 gogglesFair Market Value at Costs: $2,776AtlantiCare Regional Medical Center (21-0634549)1406 Doughty Road, Egg Harbor Township, NJ 08234340 N95s, 140 N95s, 100 Lakeland coveralls, 200 face shieldsFair Market Value at Costs: $3,176University of Missouri Health Care (43-6003859)1 Hospital Drive, Columbia, MO 65201340 N95s, 100 Lakeland coveralls, 120 gogglesFair Market Value at Costs: $2,792Mercy One Des Moines Pediatric Care Clinic (42-1193699)330 Laurel St Suite 2100, Des Moines, IA 50314200 face shields, 100 Lakeland coveralls, 340 N95sFair Market Value at Costs: $2,451Dept. of Surgery University of Iowa Hospitals and Clinics (42-0931777)200 Hawkins Drive, Iowa City, IA 52242200 face shieldsFair Market Value at Costs: $305Rhodes Island Hospital (05-0258954)593 Eddy Street, Providence, RI 02903200 face shields, 60 gogglesFair market Value at Costs: $601Keck Hospital of USC (95-1642394)1500 San Pablo Street, Los Angeles, CA 90033200 face shields, 500 GLF face shieldsFair Market Value at Costs: $1,737Rutgers University Foundation (47-1686351)335 George Street, #4000, New Brunswick, NJ 08901200 N95s, 100 Lakeland coveralls, 200 face shieldsFair Market Value at Costs: $1,774Penn Presbyterian Medical Center (23-2810852)51 N 39th Street, Philadelphia, PA 19104340 N95sFair Market Value at Costs: $1,771St Rose Hospital (94-2428886)27200 Calaroga Avenue, Hayward, CA 945451,500 surgical masksFair market Value at Costs: Undetermined. Direct drop shipment by CABS' donor.San Mateo Medical Center (93-3116070)222 W 39th Avenue, San Mateo, CA 944041,500 surgical masksFair market Value at Costs: Undetermined. Direct drop shipment by CABS' donor.Sequoia Hospital (94-2909990)170 Alamed Ds Les Pulgas, Redwood City, CA 940621,500 surgical masksFair market Value at Costs: Undetermined. Direct drop shipment by CABS' donor.Mills Peninsula Hospital (23-7288765)1501 Trousdale Drive, Burlingame, CA 9401040 N95sFair market Value at Costs: Undetermined. Direct drop shipment by CABS' donor. |
| Software ID: | 19009920 |
| Software Version: | 2019v5.0 |