Civic Intelligence

Socal Association for Biomedical And

EIN 73-1627787 • 501(c)3 • San Diego, CA

Profile

Socal association for biomedical and pharmaceutical advancements(sabpa)'s missions are: (a). To provide a forum to faciliate professional contact and communcation among local professionals in academia, biotechnology and pharmaceutical industries; (b). To foster professional growth, career improvement and personal development of our members; (c). To provide opportunities to educate local communities about the value of biomedical research and the benefits of biotechnology and pharmaceutical innovations; (d). To stimulate and faciliate the development of relationships globally in biotechnology and pharmaceutical communities.

PO Box 927631San Diego, CA 92192-7631

sabpa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

67th percentile

9.2%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

41%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$422,360

Up $35,447 (+9.2%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$422,360

Up $35,447 (+9.2%) from 2023

Revenue

Up

$262,586

Up $75,891 (+41%) from 2023

Expenses

Up

$227,141

Up $54,381 (+31%) from 2023

Net Income

Up

$35,445

Up $21,510 (+154%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $90,309Net Assets 2010: $90,3092010Assets 2011: $123,459Net Assets 2011: $123,4592011Assets 2012: $136,151Net Assets 2012: $136,1512012Assets 2013: $186,496Liabilities 2013: $02013Assets 2014: $173,349Liabilities 2014: $02014Assets 2015: $215,729Liabilities 2015: $0Net Assets 2015: $215,7292015Assets 2016: $306,415Liabilities 2016: $0Net Assets 2016: $306,4152016Assets 2017: $325,988Liabilities 2017: $0Net Assets 2017: $325,9882017Assets 2018: $320,294Liabilities 2018: $0Net Assets 2018: $320,2942018Assets 2019: $318,618Liabilities 2019: $0Net Assets 2019: $318,6182019Assets 2020: $292,537Liabilities 2020: $0Net Assets 2020: $292,5372020Assets 2021: $324,123Liabilities 2021: $0Net Assets 2021: $324,1232021Assets 2022: $372,978Liabilities 2022: $0Net Assets 2022: $372,9782022Assets 2023: $386,913Liabilities 2023: $0Net Assets 2023: $386,9132023Assets 2024: $422,360Liabilities 2024: $0Net Assets 2024: $422,3602024

Highlighted filing

2024

Assets$422,360
Liabilities$0
Net Assets$422,360

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2010: $125,516Expenses 2010: $82,185Net Income 2010: $43,3312010Revenue 2011: $116,483Expenses 2011: $75,544Net Income 2011: $40,9392011Revenue 2012: $117,743Expenses 2012: $105,051Net Income 2012: $12,6922012Revenue 2013: $151,922Expenses 2013: $101,577Net Income 2013: $50,3452013Revenue 2014: $128,637Expenses 2014: $141,784Net Income 2014: -$13,1472014Revenue 2015: $183,529Expenses 2015: $141,149Net Income 2015: $42,3802015Revenue 2016: $301,551Expenses 2016: $210,865Net Income 2016: $90,6862016Revenue 2017: $294,554Expenses 2017: $274,981Net Income 2017: $19,5732017Revenue 2018: $207,805Expenses 2018: $213,499Net Income 2018: -$5,6942018Revenue 2019: $181,655Expenses 2019: $183,331Net Income 2019: -$1,6762019Revenue 2020: $114,935Expenses 2020: $141,016Net Income 2020: -$26,0812020Revenue 2021: $47,993Expenses 2021: $16,407Net Income 2021: $31,5862021Revenue 2022: $143,513Expenses 2022: $94,658Net Income 2022: $48,8552022Revenue 2023: $186,695Expenses 2023: $172,760Net Income 2023: $13,9352023Revenue 2024: $262,586Expenses 2024: $227,141Net Income 2024: $35,4452024

Highlighted filing

2024

Revenue$262,586
Expenses$227,141
Net Income$35,445

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.22$0.00$4.22$2.63$2.27$0.35
2023Detailed filing. Detailed filing data is available for this year.$3.87$0.00$3.87$1.87$1.73$0.14
2022Detailed filing. Detailed filing data is available for this year.$3.73$0.00$3.73$1.44$0.95$0.49
2021Detailed filing. Detailed filing data is available for this year.$3.24$0.00$3.24$0.48$0.16$0.32
2020Detailed filing. Detailed filing data is available for this year.$2.93$0.00$2.93$1.15$1.41$0.26
2019Detailed filing. Detailed filing data is available for this year.$3.19$0.00$3.19$1.82$1.83$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.20$0.00$3.20$2.08$2.13$0.06
2017Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$2.95$2.75$0.20
2016Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$3.02$2.11$0.91
2015Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$1.84$1.41$0.42
2014Summary only. Only limited summary data is available for this year.$1.73$0.00$1.29$1.42$0.13
2013Summary only. Only limited summary data is available for this year.$1.86$0.00$1.52$1.02$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$1.36$1.18$1.05$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$1.23$1.16$0.76$0.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.90$1.26$0.82$0.43
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$262,586
Mission and Program Overview

Mission

Sino-american biotechnology and pharmaceutical professional association (sabpa)'s missions are: (a). To provide a forum to faciliate professional contact and communcation among local professionals in academia, biotechnology and pharmaceutical industries; (b). To foster professional growth, career improvement and personal development of our members; (c). To provide opportunities to educate local communities about the value of biomedical research and the benefits of biotechnology and pharmaceutical innovations; (d). To stimulate and faciliate the development of relationships between the u. S. And china in biotechnology and pharmaceutical communities.

Sabpa's primary mission and most significant activities are to promote science and innovation. (1). To provide forums for facilitating interaction and communcations among biotechinal proessionalsionals in glboal science and technology arena;(2). To promote interaction and collaboration in science and technology across the pacific regions; and(3). To stimulate and nurture the innovative ideas, cutting-edge technologies, entrepreneurship and bringing public awareness of the benefits of biomedical research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$384,640$420,994▲ $36,354
Land, Buildings, and Equipment, Net$2,275$1,366▼ $909
Total Assets$386,915$422,360▲ $35,445
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$386,915$422,360▲ $35,445
Total Net Assets Fund Balance$386,915$422,360▲ $35,445
Total Liabilities and Net Assets / Fund Balance$386,915$422,360▲ $35,445

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,235$14,136$15,371
Other Land Buildings$131$4,074$4,205
Compensation and Service Providers

Board Members and Trustees

NameTitle
Peter Q HuangBoard Chair
Vivian ChangTreasure Chair, Oc/la Chap
Yang LiuTreasure Chair, Sd Chapter
Dongmei HuangPresident Elect of the Sd Chapter
Hua GongBoard Vice Chairman and President
Haojun FuVice Chair
Jason WangVice Chair, President of Oc/la Chapter
Andrew WangBoard Member
David WallaceBoard Member
Dong HanBoard Member
Huaina LiBoard Member
Hui WangBoard Member
Jc XuBoard Member
Jian LiuBoard Member
Jocelyn YuBoard Member
Ming GuoBoard Member
Mingzhu ZhangBoard Member
Pengyu YangBoard Member
Stephanie ShiBoard Member
Tracey YeoBoard Member
Weijun ShenBoard Member
Yi LiuBoard Member
Yinghong GaoBoard Member
Zhen ZhuBoard Member
Xia DingSectary of Board
Weijun FanCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$48,380
Program Service Revenue
$205,481
Investment Income
$8,725
Other Revenue
$0
All Other Contributions
$18,914
Change in Net Assets
$35,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$227,141
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$15,391--$15,391
All Other Expenses$6,623--$6,623
Fees for Services Other$5,091--$5,091
Other Expenses$2,854$7,832-$2,854
Advertising$1,100--$1,100
Depreciation Depletion$909--$909
Office Expenses$483--$483
Fees for Services Legal$140--$140
Total Functional Expenses$218,899$8,242$0$227,141
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
No
Annual disclosure for covered persons
Yes
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, Part VI, Section B, line 11B

After an initial draft of the form 990 is prepared, it is circulated for detail review and comment by the delegated Board members and the key management team who have responsibility and /or knowledge about the various matters disclosed and/or described in the form. The form 990 is filed with the IRS after the preview process is completed.

Form 990, Part VI, Section B, line 12C

SABPA has a "Code of Conduct" which covers the conflict of interest policy. A regular training of "Code of Conduct" is conducted to the key team members regularly.

Form 990, Part VI, Section B, line 15

No compensation to any officers nor key employees. The entire organization is operated by volunteers.

Form 990, Part VI, Section C, line 19

SABPA makes its governing documents, conflict of interest policy and financial statements available to the public through its own website upon request.

Filing and Contact Details

Filer

Filer Name
Socal Association for Biomedical and
EIN
73-1627787
Phone
8585318164
Address
PO BOX 927631, SAN DIEGO, CA 92192-7631
Doing Business As
Sapba

Signing Officer

Name
Yi Liu
Title
President
Phone
8585318164
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yi Liu
Formed
2002
Legal Domicile
CA
Voting Board Members
22
Independent Board Members
22
Employees
0
Volunteers
30

Preparer

Firm
Lucy Xia CPA
Address
7283 PASEO CAPUCHINA, CARLSBAD, CA 92009
Preparer
Lucy Xia
Phone
8586998838
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IRS990/MissionDesc0SABPA'S PRIMARY MISSION AND MOST SIGNIFICANT ACTIVITIES ARE TO PROMOTE SCIENCE AND INNOVATION. (1). TO PROVIDE FORUMS FOR FACILITATING INTERACTION AND COMMUNCATIONS AMONG BIOTECHINAL PROESSIONALSIONALS IN GLBOAL SCIENCE AND TECHNOLOGY ARENA;(2). TO PROMOTE INTERACTION AND COLLABORATION IN SCIENCE AND TECHNOLOGY ACROSS THE PACIFIC REGIONS; AND(3). TO STIMULATE AND NURTURE THE INNOVATIVE IDEAS, CUTTING-EDGE TECHNOLOGIES, ENTREPRENEURSHIP AND BRINGING PUBLIC AWARENESS OF THE BENEFITS OF BIOMEDICAL RESEARCH.
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IRS990/ProgSrvcAccomActy2Grp/Desc0The 8th Annual Frontiers in Therapeutics and Diagnostics (FTD) Forum (March 23, 2024)Address: Hilton San Diego/Del Mar, 15575 Jimmy Durante Blvd, Del Mar, CASABPA FTD annually brings together the latest in groundbreaking research, cutting-edge drugs, and industry trends within the biopharma sector. The event's broad spectrum of topics provides a platform for local biotech companies to engage in vibrant discussions and valuable networking opportunities. The forthcoming 8th FTD Conference was set to shine a spotlight on three revolutionary domains in the field of metabolism disease and oncology: Glucagon-like peptide-1 (GLP-1), Antibody-Drug Conjugates (ADC), and Minimal Residual Disease (MRD), each representing the forefront of innovations in therapeutics and diagnostics. Program highlights are as follows:1. GLP-1 receptor agonists, from diabetes to obesity and beyond2. The rise of ADC - a biological missile, for targeted cancer therapy3. Reinventing drug discovery with AI-powered automation4. Frontiers in MRD detection to increase chance of cancer cure
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IRS990/ProgSrvcAccomActy3Grp/Desc0SABPA OC/LA 16th Annual Biomedical Forum (April 20, 2024)Address: The Beckman Center, 100 Academy, Irvine, CA, 92617SABPA OC/LA annually brings together the latest innovations in biomedical industries, cutting-edge developments of pharmaceuticals and medical devices, entrepreneurship, and career development. The event's broad spectrum of topics provides a platform for local biotech and medical device companies to engage in vibrant discussions and valuable networking opportunities.
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