Civic Intelligence

The Bayhelix Group

990EZ • Fiscal year 2022 • EIN 26-0776528

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 27, 2023

20380 Town Center Lane Suite 128Cupertino, CA 95014

(607) 229-9810

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

76th percentile

17%

Higher net margin than 76% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

29th percentile

-11%

Faster asset growth than 29% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

6th percentile

-48%

Faster revenue growth than 6% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$372,881

Down $45,189 (-11%) from 2021

Net Assets

Down

$372,881

Down $45,189 (-11%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$59,259

Down $54,690 (-48%) from 2021

Expenses

Up

$49,069

Up $14,022 (+40%) from 2021

Net Income

Down

$10,190

Down $68,712 (-87%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $105,372Liabilities 2010: $17,890Net Assets 2010: $87,4822010Assets 2011: $167,731Liabilities 2011: $17,890Net Assets 2011: $149,8412011Assets 2012: $216,434Liabilities 2012: $17,890Net Assets 2012: $198,5442012Assets 2013: $248,696Liabilities 2013: $19,518Net Assets 2013: $229,1782013Assets 2014: $251,367Liabilities 2014: $19,518Net Assets 2014: $231,8492014Assets 2015: $222,450Liabilities 2015: $19,518Net Assets 2015: $202,9322015Assets 2016: $223,271Net Assets 2016: $223,2712016Assets 2017: $236,377Net Assets 2017: $236,3772017Assets 2018: $263,898Net Assets 2018: $263,8982018Assets 2019: $233,411Net Assets 2019: $233,4112019Assets 2020: $339,423Liabilities 2020: $0Net Assets 2020: $339,4232020Assets 2021: $418,070Liabilities 2021: $0Net Assets 2021: $418,0702021Assets 2022: $372,881Net Assets 2022: $372,8812022Assets 2023: $382,166Liabilities 2023: $0Net Assets 2023: $382,1662023Assets 2024: $335,961Liabilities 2024: $0Net Assets 2024: $335,9612024

Highlighted filing

2022

Assets$372,881
Liabilities-
Net Assets$372,881

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $166,327Expenses 2010: $122,851Net Income 2010: $43,4762010Revenue 2011: $128,379Expenses 2011: $65,850Net Income 2011: $62,5292011Revenue 2012: $160,629Expenses 2012: $111,798Net Income 2012: $48,8312012Revenue 2013: $118,861Expenses 2013: $90,955Net Income 2013: $27,9062013Revenue 2014: $66,960Expenses 2014: $64,289Net Income 2014: $2,6712014Revenue 2015: $53,876Expenses 2015: $84,145Net Income 2015: -$30,2692015Revenue 2016: $51,891Expenses 2016: $31,705Net Income 2016: $20,1862016Revenue 2017: $45,751Expenses 2017: $32,635Net Income 2017: $13,1162017Revenue 2018: $79,638Expenses 2018: $52,008Net Income 2018: $27,6302018Revenue 2019: $39,511Expenses 2019: $69,890Net Income 2019: -$30,3792019Revenue 2020: $566,807Expenses 2020: $460,613Net Income 2020: $106,1942020Revenue 2021: $113,949Expenses 2021: $35,047Net Income 2021: $78,9022021Revenue 2022: $59,259Expenses 2022: $49,069Net Income 2022: $10,1902022Revenue 2023: $90,324Expenses 2023: $80,783Net Income 2023: $9,5412023Revenue 2024: $76,914Expenses 2024: $122,874Net Income 2024: -$45,9602024

Highlighted filing

2022

Revenue$59,259
Expenses$49,069
Net Income$10,190
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 27, 2023
Return Version
2022v5.0
Gross Receipts
$59,259
Mission and Program Overview

Mission

Bayhelix is an organization of the leaders of chinese heritage in the global life sciences and healthcare community. We aspire to shape the growth of the life sciences and healthcare industry around the pacific rim and beyond, foster and create business opprotunities, supply and nurture the leaders for the community, and network and share information and experience. Bayhelix is a non-profit organization and its membership is by-invitation-only.

Program Services

DescriptionGrantsExpenses
BAYHELIX FOCUSES ON THE BUSINESS ASPECT OF THE LIFE SCIENCES AND HEALTH-CARE INDUSTRY WITH A SPECIAL INTEREST IN BRIDGING THE LIFE SCIENCES AND HEALTH-CARE COMMUNITIES IN THE US AND ASIA TO PROMOTE THE INDUSTRY IN A INTER-CONTINENTAL MANNER TO IMPLEMENT OPEN INNOVATION UNDER THE OPEN BUSINESS MODEL.--
DEPRECIATION--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GUOLIANG YUChairman-$0--
MICHELLE CHENDirector-$0--
YI GAODirector-$0--
LAN KANGDirector-$0--
JIAN SHAODirector-$0--
YING YANGDirector-$0--
FANGNING ZHANGDirector-$0--
IRIS CHUSecretary, T-$0--
Filing and Contact Details

Filer

Filer Name
The Bayhelix Group
EIN
26-0776528
Phone
6072299810
Address
20380 TOWN CENTER LANE SUITE 128, CUPERTINO, CA 95014

Signing Officer

Name
Iris Chu
Title
Secretary, Treasurer
Phone
6072299810
Signed
2023-09-27
Discuss with paid preparer
Yes

Preparer

Firm
Creese Smith Hune & Co LLC
Address
8150 PERRY HWY STE 105, PITTSBURGH, PA 15237
Preparer
James R Hune CPA
Phone
4126359088
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses supplies 2,533 conventions and meetings 38,589 insurance 876 paypal fees 170 database project 600 website subscription 3,876 zoom subscription 1,550 total 48,194

Form 990-ez, Part I, Line 20

Other decreases -55,123 book / tax depreciation difference -256 the (55,123) change in net assets is due to the 2021 tax year accounts receivable balance that was not inadvertently relieved on the 990. Thus, we are correcting it in the current year.

Form 990-ez, Part II, Line 24

Accounts receivable 55,123 0 fixed assets 3,405 3,405 less accumulated depreciation 2,564 2,820 rent deposit 511 511 total 56,475 1,096

Form 990-ez, Part III

Bayhelix is an organization of the leaders of chinese heritage in the global life sciences and healthcare community. We aspire to shape the growth of the life sciences and healthcare industry around the pacific rim and beyond, foster and create business opprotunities, supply and nurture the leaders for the community, and network and share information and experience. Bayhelix is a non-profit organization and its membership is by-invitation-only.

Form 990-ez, Part III, Line 28

Bayhelix focuses on the business aspect of the life sciences and health-care industry with a special interest in bridging the life sciences and health-care communities in the us and asia to promote the industry in a inter-continental manner to implement open innovation under the open business model.

Form 990-ez, Part III, Line 31

DEPRECIATION

Raw XML Appendix128 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LAN KANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JIAN SHAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5YING YANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6FANGNING ZHANG
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherChangesInNetAssetsAmt0-55379
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0BAYHELIX IS AN ORGANIZATION OF THE LEADERS OF CHINESE HERITAGE IN THE GLOBAL LIFE SCIENCES AND HEALTHCARE COMMUNITY. WE ASPIRE TO SHAPE THE GROWTH OF THE LIFE SCIENCES AND HEALTHCARE INDUSTRY AROUND THE PACIFIC RIM AND BEYOND, FOSTER AND CREATE BUSINESS OPPROTUNITIES, SUPPLY AND NURTURE THE LEADERS FOR THE COMMUNITY, AND NETWORK AND SHARE INFORMATION AND EXPERIENCE. BAYHELIX IS A NON-PROFIT ORGANIZATION AND ITS MEMBERSHIP IS BY-INVITATION-ONLY.
IRS990EZ/ProgramServiceRevenueAmt07000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES SUPPLIES 2,533 CONVENTIONS AND MEETINGS 38,589 INSURANCE 876 PAYPAL FEES 170 DATABASE PROJECT 600 WEBSITE SUBSCRIPTION 3,876 ZOOM SUBSCRIPTION 1,550 TOTAL 48,194
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER DECREASES -55,123 BOOK / TAX DEPRECIATION DIFFERENCE -256 THE (55,123) CHANGE IN NET ASSETS IS DUE TO THE 2021 TAX YEAR ACCOUNTS RECEIVABLE BALANCE THAT WAS NOT INADVERTENTLY RELIEVED ON THE 990. THUS, WE ARE CORRECTING IT IN THE CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 55,123 0 FIXED ASSETS 3,405 3,405 LESS ACCUMULATED DEPRECIATION 2,564 2,820 RENT DEPOSIT 511 511 TOTAL 56,475 1,096
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BAYHELIX IS AN ORGANIZATION OF THE LEADERS OF CHINESE HERITAGE IN THE GLOBAL LIFE SCIENCES AND HEALTHCARE COMMUNITY. WE ASPIRE TO SHAPE THE GROWTH OF THE LIFE SCIENCES AND HEALTHCARE INDUSTRY AROUND THE PACIFIC RIM AND BEYOND, FOSTER AND CREATE BUSINESS OPPROTUNITIES, SUPPLY AND NURTURE THE LEADERS FOR THE COMMUNITY, AND NETWORK AND SHARE INFORMATION AND EXPERIENCE. BAYHELIX IS A NON-PROFIT ORGANIZATION AND ITS MEMBERSHIP IS BY-INVITATION-ONLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BAYHELIX FOCUSES ON THE BUSINESS ASPECT OF THE LIFE SCIENCES AND HEALTH-CARE INDUSTRY WITH A SPECIAL INTEREST IN BRIDGING THE LIFE SCIENCES AND HEALTH-CARE COMMUNITIES IN THE US AND ASIA TO PROMOTE THE INDUSTRY IN A INTER-CONTINENTAL MANNER TO IMPLEMENT OPEN INNOVATION UNDER THE OPEN BUSINESS MODEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DEPRECIATION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY, TREASURER
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ReturnHeader/Filer/PhoneNum06072299810
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ReturnHeader/PreparerPersonGrp/PhoneNum04126359088
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES R HUNE CPA
ReturnHeader/ReturnTs02023-09-27T12:23:14-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0IRIS
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.36$0.00$3.36$0.77$1.23$0.46
2023Detailed filing. Detailed filing data is available for this year.$3.82$0.00$3.82$0.90$0.81$0.10
2022Detailed filing. Detailed filing data is available for this year.$3.73$3.73$0.59$0.49$0.10
2021Detailed filing. Detailed filing data is available for this year.$4.18$0.00$4.18$1.14$0.35$0.79
2020Detailed filing. Detailed filing data is available for this year.$3.39$0.00$3.39$5.67$4.61$1.06
2019Detailed filing. Detailed filing data is available for this year.$2.33$2.33$0.40$0.70$0.30
2018Detailed filing. Detailed filing data is available for this year.$2.64$2.64$0.80$0.52$0.28
2017Detailed filing. Detailed filing data is available for this year.$2.36$2.36$0.46$0.33$0.13
2016Detailed filing. Detailed filing data is available for this year.$2.23$2.23$0.52$0.32$0.20
2015Detailed filing. Detailed filing data is available for this year.$2.22$0.20$2.03$0.54$0.84$0.30
2014Detailed filing. Detailed filing data is available for this year.$2.51$0.20$2.32$0.67$0.64$0.03
2013Detailed filing. Detailed filing data is available for this year.$2.49$0.20$2.29$1.19$0.91$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.18$1.99$1.61$1.12$0.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.18$1.50$1.28$0.66$0.63
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.18$0.87$1.66$1.23$0.43