Civic Intelligence

Bbsw

990 • Fiscal year 2022 • EIN 61-1905265

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 16, 2023

Organization ProfileWWW.BBSW.ORG
1098 Foster City Blvd Ste 106 833San Mateo, CA 94404

(650) 696-0021

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$143,657

Up $37,539 (+35%) from 2021

Net Assets

Up

$143,657

Up $37,539 (+35%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses

Revenue

Up

$229,903

Up $107,563 (+88%) from 2021

Expenses

Up

$192,363

Up $69,062 (+56%) from 2021

Net Income

Up

$37,540

Up $38,501 (+4006%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2019: $132,179Liabilities 2019: $25Net Assets 2019: $132,1542019Assets 2020: $107,079Liabilities 2020: $0Net Assets 2020: $107,0792020Assets 2021: $106,118Liabilities 2021: $0Net Assets 2021: $106,1182021Assets 2022: $143,657Liabilities 2022: $0Net Assets 2022: $143,6572022Assets 2023: $145,468Liabilities 2023: $5,602Net Assets 2023: $139,8662023Assets 2024: $133,596Liabilities 2024: $0Net Assets 2024: $133,5962024

Highlighted filing

2022

Assets$143,657
Liabilities$0
Net Assets$143,657
Open 2022 Filing

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2019: $268,977Expenses 2019: $136,823Net Income 2019: $132,1542019Revenue 2020: $7,436Expenses 2020: $32,511Net Income 2020: -$25,0752020Revenue 2021: $122,340Expenses 2021: $123,301Net Income 2021: -$9612021Revenue 2022: $229,903Expenses 2022: $192,363Net Income 2022: $37,5402022Revenue 2023: $202,211Expenses 2023: $206,002Net Income 2023: -$3,7912023Revenue 2024: $249,590Expenses 2024: $255,860Net Income 2024: -$6,2702024

Highlighted filing

2022

Revenue$229,903
Expenses$192,363
Net Income$37,540
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 16, 2023
Return Version
2022v5.0
Gross Receipts
$229,903
Mission and Program Overview

Mission

Bbsw hosts annuallocal conference aiming at connecting statisticians working in biotech and pharma industry at bay area and fostering collaborations.

Bbsw hosts annual local conference aiming at connecting statisticians working in biotech and pharma industry at bay area and fostering collaborations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$106,117$143,657▲ $37,540
Rtn Earn Endowment Incm Other Fnds$106,117$143,657▲ $37,540
Total Assets$106,117$143,657▲ $37,540
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$106,117$143,657▲ $37,540
Total Liabilities and Net Assets / Fund Balance$106,117$143,657▲ $37,540
Compensation and Service Providers

Board Members and Trustees

NameTitle
Whedy WangPresident-elect
Brian WiensBoard Director
Chito HernandezBoard Director
David ZhangBoard Director
Imola FodorBoard Director
Jing HuangBoard Director
Liang FangBoard Director
Lu TianBoard Director
Ron YuBoard Director
Ted LystigBoard Director
Jing DuAssistant Treasuer
Godwin YungOfficer
Jingling GaoOfficer
Ray LinOfficer
Ruixiao LuSecretary
Ning LengTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$197,000
Program Service Revenue
$32,903
Investment Income
$0
Other Revenue
$0
All Other Contributions
$197,000
Change in Net Assets
$37,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$191,363
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$10,385--$10,385
Information Technology-$6,534-$6,534
Fees for Services Accounting-$5,331-$5,331
Other Expenses$4,261$5,362-$4,261
Fees for Services Other-$2,332-$2,332
Grants to Domestic Orgs$1,000--$1,000
Office Expenses-$638-$638
Total Functional Expenses$172,166$20,197$0$192,363
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“Form 990-return of organization exempt from income tax is emailed to all members of its governing body before filing . Members review the form 990 and raise questions. Such questions are discussed among members and independent accountant who prepare the form. Form 990 is filed after related questions are addressed and clarified. Ceo of the organization signs the form before the filing.”

Conflict of interest policy compliance Part VI line 12C

“A conflict of interest policy is sent to board of directors and officers for review on an annual basis.the board of directors and officers are requested to acknowledge compliance and declare any conflict of interest.”

Governing documents etc available to public Part VI line 19

“Bbsw maintains its corporate records and makes them available for public upon request.the governing documents, conflict ofinterest policy and financial statements are open to public at reasonable times during office hours.”

Filing and Contact Details

Filer

Filer Name
Bbsw
EIN
61-1905265
Address
1098 FOSTER CITY BLVD STE 106 833, SAN MATEO, CA 94404

Signing Officer

Name
Whedy Wang
Title
President
Phone
6506960021
Signed
2023-10-16
Discuss with paid preparer
Yes

Organization Details

Formed
2018
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
30

Preparer

Firm
CPA Insight Inc
Address
2060 FOREST AVE STE 250, SAN JOSE, CA 95128
Preparer
Xiang Yue
Phone
5105808166
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Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$143,657
Liabilities
$0
Net assets
$143,657
Revenue
$229,903
Expenses
$192,363
Net income
$37,540
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$2.50$2.56$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.45$0.06$1.40$2.02$2.06$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$2.30$1.92$0.38
2021Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$1.22$1.23$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.07$0.33$0.25
2019Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$2.69$1.37$1.32