Civic Intelligence

Los Angeles Bioscience Hub

990EZ • Fiscal year 2017 • EIN 47-2185490

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

Organization Profilewww.labiosciencehub.org
448 South Hill StLos Angeles, CA 90013

(213) 612-4545

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.19x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

0.38x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

2nd percentile

-332%

Higher net margin than 2% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

6th percentile

-67%

Faster asset growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

84%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$75,160

Down $149,528 (-67%) from 2016

Net Assets

Down

$61,136

Down $123,375 (-67%) from 2016

Liabilities

Down

$14,024

Down $26,153 (-65%) from 2016

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin2nd percentile

Revenue

Up

$37,130

Up $16,930 (+84%) from 2016

Expenses

Down

$160,505

Down $103,382 (-39%) from 2016

Net Income

Up

-$123,375

Up $120,312 (+49%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$600K$400K$200K$0Assets 2015: $442,028Liabilities 2015: $13,830Net Assets 2015: $428,1982015Assets 2016: $224,688Liabilities 2016: $40,177Net Assets 2016: $184,5112016Assets 2017: $75,160Liabilities 2017: $14,024Net Assets 2017: $61,1362017Assets 2018: $107,285Liabilities 2018: $31,540Net Assets 2018: $75,7452018Assets 2019: $32,562Liabilities 2019: $6,379Net Assets 2019: $26,1832019Assets 2020: $18,720Liabilities 2020: $0Net Assets 2020: $18,7202020Assets 2021: $19,703Liabilities 2021: $0Net Assets 2021: $19,7032021

Highlighted filing

2017

Assets$75,160
Liabilities$14,024
Net Assets$61,136
Open 2017 Filing

Operations Trend

Revenue Growth91st percentile

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

$1.0M$500K$0-$500KRevenue 2015: $602,310Expenses 2015: $174,112Net Income 2015: $428,1982015Revenue 2016: $20,200Expenses 2016: $263,887Net Income 2016: -$243,6872016Revenue 2017: $37,130Expenses 2017: $160,505Net Income 2017: -$123,3752017Revenue 2018: $167,496Expenses 2018: $152,887Net Income 2018: $14,6092018Revenue 2019: $130,742Expenses 2019: $180,304Net Income 2019: -$49,5622019Revenue 2020: $51,350Expenses 2020: $58,813Net Income 2020: -$7,4632020Revenue 2021: $1,008Expenses 2021: $25Net Income 2021: $9832021

Highlighted filing

2017

Revenue$37,130
Expenses$160,505
Net Income-$123,375
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Gross Receipts
$37,130
Mission and Program Overview

Mission

LA Bioscience Hub supports development and growth of bioscience related research, development and manufacturing enterprises in East Los Angeles. LA Bioscience Hub brands and promotes an LA Bioscience Corridor to attract public and private investments into the area.

The LA Bioscience Hub will support the development and growth of bioscience related research, development and manufacturing enterprises in East Los Angeles. It will brand and promote an LA Bioscience Corridor in order to attract public and private investments into the area.

Program Services

DescriptionGrantsExpenses
In 2017, LA Bioscience Hub accomplished the following: Conducted Biotech Leaders Academy for another year. Connecting East LAs community college students with paid summer internships and bio-entrepreneurship training. We served 18 students in total, and 75 community members. Catalyzed the creation of a collaborative studio course between Cal Poly Pomona, East LA College, and Studio-MLA. The focus area for the class projects is the LA Bioscience Corridor. Presented at the California State Association of Counties LA County summit. Joined the Health Innovation Community Partnership. LABH participated in various working groups and roundtables regarding the current state and outlook of the regions life science industry. Partnered with LA County Workforce Development, Aging, Community Services Department to utilized youth jobs funding. Attended various industry events to grow LABHs network and build brand awareness.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alfred Fraijo JrChairman-$0--
Ben StapletonTreasurer-$0--
Howard XuSecretary-$0--
Tom De SimonePresident & CEO-$0--
Laura M RamirezVice President-$0--
Dina LozofskyExecutive Director-$0--
Howard KozloffFoundation Mgr.-$0--
Filing and Contact Details

Filer

Filer Name
Los Angeles Bioscience Hub
EIN
47-2185490
Phone
2136124545
Address
448 South Hill St, Los Angeles, CA 90013

Signing Officer

Name
Cecilia Estolano
Title
Executive Director
Signed
2018-05-14
Discuss with paid preparer
Yes

Preparer

Firm
JZ CPAs Inc
Address
5072 E Atherton Street, Long Beach, CA 90815
Preparer
Jinhong Zhang CPA
Phone
3108660685
Supplemental Narrative

Additional Explanations

Other Expenses.1005

“Travel $615”

Other Expenses.1007

“Conferences, Conventions, and Meetings $354”

Other Expenses.1012

“Insurance $1283”

Other Expenses.1

“Grants to individuals $28756”

Other Expenses.2

“Donated Good and Services $4000”

Other Expenses.3

“Website and IT infrastructure $452”

Other Expenses.4

“Supplies $267”

Other Expenses.5

“Grants to other organizations $194”

Other Expenses.7

“Bank Fee $21”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $40177 Accounts Payable and Accrued Expenses - Ending $14024”

Raw XML Appendix171 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/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Foundation Mgr.
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt035942
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IRS990EZ/PrintingPublicationsPostageAmt063
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, Conventions, and Meetings $354
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1283
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Grants to individuals $28756
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1001
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Cecilia Estolano
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
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ReturnHeader/Filer/EIN0472185490
ReturnHeader/Filer/PhoneNum02136124545
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ReturnHeader/PreparerPersonGrp/PhoneNum03108660685
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jinhong Zhang CPA
ReturnHeader/ReturnTs02018-05-14T13:24:26-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$75,160
Liabilities
$14,024
Net assets
$61,136
Revenue
$37,130
Expenses
$160,505
Net income
-$123,375
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.01$0.00$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.51$0.59$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.06$0.26$1.31$1.80$0.50
2018Detailed filing. Detailed filing data is available for this year.$1.07$0.32$0.76$1.67$1.53$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.75$0.14$0.61$0.37$1.61$1.23
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.25$0.40$1.85$0.20$2.64$2.44
2015Detailed filing. Detailed filing data is available for this year.$4.42$0.14$4.28$6.02$1.74$4.28