TY 2020 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 California Association of Business Brokers is an association of business brokers and merger and acquisition specialists whose goal is to promote the growth and professionalism of the business brokerage community within our state.
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 1. Provided the following educational courses: a. CABB 101 2-day course, required of members - Introduction to California Business Brokerageb. CABB 201 - 1 day course, required of members Advanced Recasting and Valuations c. CABB 130 1 day course Finance for Business Brokersd. IBBA 210 2-day course - Analyzing and Recasting Financial Statementse. IBBA 220 - Introduction to Pricing Small Businessesf. IBBA 301 - Introduction to Mergers and Acquisitions Processg. CABB 501 1 day course - CBB Renewal2. Provided members the opportunity to obtain the designation of Certified Business Broker, CBB. This designation is awarded upon completion of required courses, a period of experience in the industry and completion of the required number and/or size of transactions. It signifies a level of competence and accomplishment to prospective clients and members of the business brokerage community. 3. Provided monthly CABBinars web seminars about hot topics and new ways to improve your practice and sell more. And, weekly emails including tips & relevant stories.4. CABB provided its members with a complete set of standard forms designed jointly by attorneys and business brokers exclusively for the business brokerage profession. The forms include a representation agreement listing form, purchase agreement for business assets, stock purchase agreement, disclosure forms for both buyers and sellers and many more. The forms are copyright protected and are available only to individual members of CABB.5. Held 2-Day Annual Statewide Conference offering top speakers, presentations, roundtable discussions and opportunity to meet with industry sponsors.6. Provided regional networking opportunities including quarterly member meetings to exchange listings, network with other business brokers and listen to professional speakers on topics relating to business brokerage. (Grants $ ) If this amount includes foreign grants, check here ...		28a
29 (Grants $ ) If this amount includes foreign grants, check here ...		29a
30 (Grants $ ) 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

(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-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
RICH SCHAMMEL Treasurer	0	0
RONALD JOHNSON Director	0	0
ED FIXEN Vice President	0	0
MATT COLETTA Secretary	0	0
AL STATZ Director	0	0
JOHN HOMAN Director	0	0
TAWNYA GILREATH President	0	0
TONY MORAN Director	0	0
BOB GREWAL Director	0	0
RANDY KATZ Director	0	0
GREG CARPENTER Director	0	0
STEVEN HANSON Director	0	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
Other Expenses.1002	Office Expenses $69
Other Expenses.1007	Conferences, Conventions, and Meetings $20624
Other Expenses.1012	Insurance $1978
Other Expenses.1	DUES AND SUBSCRIPTIONS $39812
Other Expenses.2	BANK AND MERCHANT FEES $5895
Other Expenses.3	WEBSITE $3350
Other Expenses.4	FORMS $876
Other Expenses.6	VIDEO CONFERENCING $351
Other Expenses.7	TELEPHONE $228
Other Expenses.9	STORAGE $44
Other Expenses.10	TAX AND LICENSING $30
Other Assets.1005	Accounts Receivable - Beginning $0 Accounts Receivable - Ending $137
Other Assets.1011	Prepaid Expenses and Deferred Charges - Beginning $1695 Prepaid Expenses and Deferred Charges - Ending $1714
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $12972 Accounts Payable and Accrued Expenses - Ending $0
Total Liabilities.1003	Deferred Revenue - Beginning $57290 Deferred Revenue - Ending $69447

Return Reference

Explanation

Other Expenses.1002

Office Expenses $69

Other Expenses.1007

Conferences, Conventions, and Meetings $20624

Other Expenses.1012

Insurance $1978

Other Expenses.1

DUES AND SUBSCRIPTIONS $39812

Other Expenses.2

BANK AND MERCHANT FEES $5895

Other Expenses.3

WEBSITE $3350

Other Expenses.4

FORMS $876

Other Expenses.6

VIDEO CONFERENCING $351

Other Expenses.7

TELEPHONE $228

Other Expenses.9

STORAGE $44

Other Expenses.10

TAX AND LICENSING $30

Other Assets.1005

Accounts Receivable - Beginning $0 Accounts Receivable - Ending $137

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $1695 Prepaid Expenses and Deferred Charges - Ending $1714

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $12972 Accounts Payable and Accrued Expenses - Ending $0

Total Liabilities.1003

Deferred Revenue - Beginning $57290 Deferred Revenue - Ending $69447

1	Contributions, gifts, grants, and similar amounts received ....................	1
2	Program service revenue including government fees and contracts ................	2	41,710
3	Membership dues and assessments .............................	3	147,979
4	Investment income ....................................	4	7
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	189,696

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	32,193
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	76,507
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	108,700

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	20011566
Software Version:	2020v4.0

(a) Name	(b) Address	(c) EIN	(d) Amount paid from filing organization's funds. If none, enter -0-.	(e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6

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
13	Professional fees and other payments to independent contractors ............	13	83,720
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ...................	15	526
16	Other expenses (describe in Schedule O) ...................	16	73,257
17	Total expenses. Add lines 10 through 16 .................	17	157,503

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) 2017	(b) 2018	(c) 2019	(d) 2020	(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