Civic Intelligence

Los Angeles Bioscience Hub

990EZ • Fiscal year 2020 • EIN 47-2185490

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 14, 2021

5370 Alhambra AvenueLos Angeles, CA 90032

(213) 545-8487

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

25th percentile

-15%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

10th percentile

-43%

Faster asset growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

16th percentile

-61%

Faster revenue growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$18,720

Down $13,842 (-43%) from 2019

Net Assets

Down

$18,720

Down $7,463 (-29%) from 2019

Liabilities

Down

$0

Down $6,379 (-100%) from 2019

Revenue

Down

$51,350

Down $79,392 (-61%) from 2019

Expenses

Down

$58,813

Down $121,491 (-67%) from 2019

Net Income

Up

-$7,463

Up $42,099 (+85%) from 2019

Historical Trend

Balance Sheet Trend

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

2020

Assets$18,720
Liabilities$0
Net Assets$18,720

Operations Trend

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

2020

Revenue$51,350
Expenses$58,813
Net Income-$7,463
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 14, 2021
Return Version
2020v4.0
Gross Receipts
$51,350
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.

Program Services

DescriptionGrantsExpenses
LABHs primary program is the Biotech Leaders Academy (BLA). To date, it has provided training, education, and professional development to about 60 young adults. Most program participants are members of low-income and BIPOC communities. The BLA program was paused in 2020 due to the COVID-19 pandemic and is expected to reconvene in 2021. LABH serves as a network builder among bioscience related organizations and firms operating on the Eastside of Los Angeles. Our efforts have included: -Participation in monthly Health Innovation Community Partnership meetings to understand community stakeholders -Strengthen bioscience ecosystem on LA.s Eastside with panels, lectures, and networking mixers -Catalyze the conversion of a 3-employee warehouse into a biotech innovation lab for ten startups with 40+ employees -Facilitate a successful US EDA Grant for $500,000 to Cal State LA by bridging communication between our public and academic partners -Convene East LA College, Cal Poly Pomona, and Studio MLA (landscape design firm) to create a collaborative landscape architecture course with the LA Bioscience Corridor as the case study.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alfred Fraijo JrChairman-$0--
Howard XuSecretary-$0--
Tom De SimoneTreasurer-$0--
Laura M RamirezDirector-$0--
Howard KozloffDirector-$0--
Carlos GutierrezDirector-$0--
Anna GalstyanDirector-$0--
Filing and Contact Details

Filer

Filer Name
Los Angeles Bioscience Hub
EIN
47-2185490
Phone
2135458487
Address
5370 Alhambra Avenue, Los Angeles, CA 90032

Signing Officer

Name
Alfred Fraijo Jr
Title
Chairman
Signed
2021-04-14
Discuss with paid preparer
Yes

Preparer

Firm
HZ CPAs & Advisors PC
Address
9022 Dartmouth Way, Buena Park, CA 90620
Preparer
Jinhong Zhang CPA
Phone
9493970189
Supplemental Narrative

Additional Explanations

Other Expenses.1005

Travel $47

Other Expenses.1012

Insurance $251

Other Expenses.1

Others $1145

Other Expenses.2

Information technology $608

Other Expenses.3

Supplies $336

Other Expenses.4

Organization fees $50

Other Expenses.5

Bank fees $31

Other Expenses.6

QuickBooks Payments Fees $15

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $6379 Accounts Payable and Accrued Expenses - Ending $0

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ReturnHeader/TaxPeriodBeginDt02020-01-01
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