Civic Intelligence

Bay Area Bioscience Center

990 • Fiscal year 2021 • EIN 94-3118621

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 10, 2022

685 Gateway Blvd 100South San Francisco, CA 94080

(650) 871-3253

Siviq Scores

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

Liabilities / Assets

81st percentile

0.43x

Higher debt load relative to assets than 81% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

63rd percentile

0.18x

Higher debt load relative to revenue than 63% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

19th percentile

-4.8%

Higher net margin than 19% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

86th percentile

$162,480

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

2nd percentile

-35%

Faster asset growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

50th percentile

12%

Faster revenue growth than 50% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$475,481

Down $255,187 (-35%) from 2020

Net Assets

Up

$270,334

Up $38,573 (+17%) from 2020

Liabilities

Down

$205,147

Down $293,760 (-59%) from 2020

Revenue

Up

$1,152,724

Up $123,595 (+12%) from 2020

Expenses

Up

$1,207,606

Up $249,639 (+26%) from 2020

Net Income

Down

-$54,882

Down $126,044 (-177%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $306,104Liabilities 2010: $130,198Net Assets 2010: $175,9062010Assets 2011: $402,267Liabilities 2011: $183,615Net Assets 2011: $218,6522011Assets 2012: $494,675Liabilities 2012: $352,024Net Assets 2012: $142,6512012Assets 2013: $361,421Liabilities 2013: $285,126Net Assets 2013: $76,2952013Assets 2014: $296,560Liabilities 2014: $219,245Net Assets 2014: $77,3152014Assets 2015: $397,803Liabilities 2015: $208,193Net Assets 2015: $189,6102015Assets 2016: $650,639Liabilities 2016: $444,576Net Assets 2016: $206,0632016Assets 2017: $611,801Liabilities 2017: $319,614Net Assets 2017: $292,1872017Assets 2018: $590,073Liabilities 2018: $318,270Net Assets 2018: $271,8032018Assets 2019: $682,871Liabilities 2019: $428,817Net Assets 2019: $254,0542019Assets 2020: $730,668Liabilities 2020: $498,907Net Assets 2020: $231,7612020Assets 2021: $475,481Liabilities 2021: $205,147Net Assets 2021: $270,3342021Assets 2022: $357,853Liabilities 2022: $77,560Net Assets 2022: $280,2932022Assets 2023: $303,342Liabilities 2023: $26,2532023Assets 2024: $271,262Liabilities 2024: $30Net Assets 2024: $271,2322024

Highlighted filing

2021

Assets$475,481
Liabilities$205,147
Net Assets$270,334

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $406,0762010Expenses 2011: $382,9662011Expenses 2012: $422,2912012Revenue 2013: $312,889Expenses 2013: $390,330Net Income 2013: -$77,4412013Revenue 2014: $392,411Expenses 2014: $398,891Net Income 2014: -$6,4802014Revenue 2015: $455,952Expenses 2015: $343,657Net Income 2015: $112,2952015Revenue 2016: $793,447Expenses 2016: $776,994Net Income 2016: $16,4532016Revenue 2017: $1,265,845Expenses 2017: $1,179,721Net Income 2017: $86,1242017Revenue 2018: $1,123,251Expenses 2018: $1,143,635Net Income 2018: -$20,3842018Revenue 2019: $964,644Expenses 2019: $982,393Net Income 2019: -$17,7492019Revenue 2020: $1,029,129Expenses 2020: $957,967Net Income 2020: $71,1622020Revenue 2021: $1,152,724Expenses 2021: $1,207,606Net Income 2021: -$54,8822021Revenue 2022: $479,082Expenses 2022: $469,123Net Income 2022: $9,9592022Revenue 2023: $54,040Expenses 2023: $57,244Net Income 2023: -$3,2042023Revenue 2024: $162,500Expenses 2024: $168,357Net Income 2024: -$5,8572024

Highlighted filing

2021

Revenue$1,152,724
Expenses$1,207,606
Net Income-$54,882
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 10, 2022
Return Version
2021v4.1
Gross Receipts
$1,152,724
Mission and Program Overview

Mission

We maintain californias leadership in life sciences innovation by supporting entrepreneurship, science education and life science career development through the california life sciences institute.

To maintain californias leadership in life sciences innovation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$590,938$232,693▼ $358,245
Accounts Receivable$65,359$168,410▲ $103,051
Savings and Temporary Cash Investments$74,371$74,378▲ $7
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$730,668$475,481▼ $255,187
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$223,609$205,147▼ $18,462
Deferred Revenue$181,843--
Other Liabilities$93,455--
Total Liabilities$498,907$205,147▼ $293,760
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$231,761$270,334▲ $38,573
Total Net Assets Fund Balance$231,761$270,334▲ $38,573
Total Liabilities and Net Assets / Fund Balance$730,668$475,481▼ $255,187
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lori LindbergPresident & CEOFT$106,221$56,259$162,480
Steven KarpExecutive DirectorFT$107,466$26,396$133,862

Board Members and Trustees

NameTitle
Fred DoreyChair
Mike GuerraDirector
Lesley CalhounTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$159,666
Program Service Revenue
$993,051
Investment Income
$7
Other Revenue
$0
All Other Contributions
$129,666
Change in Net Assets
$-54,882
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$816,273
Salaries, Compensation, and Employee Benefits$391,333
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$123,507$95,348-$218,855
Current Officers, Directors, Trustees, and Key Employees$58,757$158,918-$217,675
Fees for Services Other$87,257$1,667-$88,924
Occupancy$5,599$7,045-$12,644
Other Expenses$702,657$4,554-$4,554
Insurance-$3,885-$3,885
Pension Plan Contributions$1,819$1,405-$3,224
Fees for Services Accounting-$3,121-$3,121
Office Expenses-$37-$37
Other Employee Benefits$-1,519$-1,173-$-2,692
Payroll Taxes$-20,249$-25,480-$-45,729
Total Functional Expenses$957,828$249,778$0$1,207,606
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

A qualified and authorized person shall complete the annual Form 990 information return under the direction of Executive Management. The return shall be reviewed by Executive Management for completeness and accuracy prior to its filing with the IRS. At the next Board meeting, Executive Management may review the return with the Board.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

CLSI has a written conflict of interest policy and has procedures in place to identify any potential conflicts of interest and appropriately address any potential conflicts identified (e.g. policies related to the review of all contracts and documentation supporting all cash disbursements by executive management that is familiar with the need to identify such transactions). Any potential or actual conflicts identified would be reviewed by Executive Management with assistance from third-party attorneys and discussed with the board of directors to determine whether an actual or potential conflict of interest exists and, if it does, how it can be resolved.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Industry resources are used as a guideline for determining compensation and benefits. All increases and changes are approved by the board of directors during the annual budgeting process.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its governing documents, conflict of interest policyand financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bay Area Bioscience Center
EIN
94-3118621
Phone
6508713253
Address
685 GATEWAY BLVD 100, SOUTH SAN FRANCISCO, CA 94080

Signing Officer

Name
Marcus Fields
Title
President & CEO
Signed
2022-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marcus Fields
Formed
1990
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
2
Employees
5
Volunteers
285

Preparer

Firm
Leaf & Cole LLP
Address
2810 Camino Del Rio South Suite 200, San Diego, CA 92108
Preparer
Jennifer S Kinnard
Phone
6192947200
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Ppp book to tax recognition = $93455

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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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IRS990/ProgSrvcAccomActy2Grp/Desc0ENTREPRENEURSHIP PROGRAMS:CALIFORNIAS ENTREPRENEURIAL LIFE SCIENCE COMPANIES HAVE LONG BEEN A LEADING LIGHT IN THIS INDUSTRY. CLSIS ENTREPRENEURSHIP PROGRAMS CONNECT LIFE SCIENCES ENTREPRENEURS WITH THE STRATEGIC, OPERATIONAL AND FINANCIAL RESOURCES AND INSIGHTS THEY NEED TO SUCCEED. KEY ACTIVITIES INCLUDE THE EXPERT NETWORK AND THE FAST ADVISORY PROGRAM. OUR TARGET AUDIENCE INCLUDES LIFE SCIENCES ENTREPRENEURS, VENTURE CAPITALISTS, ANGELS, SERVICE PROVIDERS AND INDUSTRY EXPERTS WHO OFFER EXPERTISE THAT EMERGING COMPANIES NEED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0292981
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0343129
IRS990/ProgSrvcAccomActy3Grp/Desc0WORKFORCE PROFESSIONAL DEVELOPMENT:LIFE SCIENCES COMPANIES SEEK TO ATTRACT AND RETAIN THE BEST AND BRIGHTEST INDIVIDUALS. THE PROGRAM OFFERS VARIOUS IN-PERSON AND ONLINE PROFESSIONAL DEVELOPMENT OFFERINGS FOR JOB SEEKERS AND INCUMBENT WORKERS, AS WELL AS WORKFORCE ANALYSIS TO INFORM CURRICULUM AND TRAINING DEVELOPMENT.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0104714
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0131521
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYInvestmentIncomeAmt018
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IRS990/PYOtherExpensesAmt092534
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IRS990/PYRevenuesLessExpensesAmt071162
IRS990/PYSalariesCompEmpBnftPaidAmt0865433
IRS990/PYTotalExpensesAmt0957967
IRS990/PYTotalRevenueAmt01029129
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-54882
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IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt030000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0518401
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt074371
IRS990/SavingsAndTempCashInvstGrp/EOYAmt074378
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0159666
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0161455
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt049000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt072500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt063500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0506121
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt046
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0161
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0993051
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0867656
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0915598
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01050706
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01202300
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05029311
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt046
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt045
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt045
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0161
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.43170
IRS990ScheduleA/PublicSupportPY509Pct00.46060
IRS990ScheduleA/PublicSupportTotal509Amt02389762
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0746841
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0607417
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0664797
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0692599
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0434016
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt03145670
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0746841
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0607417
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0664797
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0692599
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0434016
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt03145670
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01152717
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0964598
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01123206
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01265800
IRS990ScheduleA/Total509Grp/TotalAmt05535432
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01152724
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01029129
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0964644
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01123251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01265845
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05535593
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0106221
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount040167
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt09904
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt06188
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LORI LINDBERG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0162480
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0EMPLOYEES HAVE THE OPPORTUNITY TO JOIN A HEALTH CLUB FACILITY IN THEIR LOCAL AREA. HEALTH CLUB MEMBERSHIP WILL BE COVERED FOR EMPLOYEES ONLY, WITH A MAXIMUM MONTHLY CHARGE OF $40.00.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 1a: Relevant information in regards to selections on 1a.
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A qualified and authorized person shall complete the annual Form 990 information return under the direction of Executive Management. The return shall be reviewed by Executive Management for completeness and accuracy prior to its filing with the IRS. At the next Board meeting, Executive Management may review the return with the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLSI has a written conflict of interest policy and has procedures in place to identify any potential conflicts of interest and appropriately address any potential conflicts identified (e.g. policies related to the review of all contracts and documentation supporting all cash disbursements by executive management that is familiar with the need to identify such transactions). Any potential or actual conflicts identified would be reviewed by Executive Management with assistance from third-party attorneys and discussed with the board of directors to determine whether an actual or potential conflict of interest exists and, if it does, how it can be resolved.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Industry resources are used as a guideline for determining compensation and benefits. All increases and changes are approved by the board of directors during the annual budgeting process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICYAND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PPP BOOK TO TAX RECOGNITION = $93455
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CALIFORNIA LIFE SCIENCES ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0473226523
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ADVANCING CA LIFE SCIENCES ECOSYSTEM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt09605 SCRANTON RD STE 120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SAN DIEGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.16$0.17$0.01
2023Summary only. Only limited summary data is available for this year.$0.30$0.03$0.05$0.06$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.08$0.28$0.48$0.47$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.48$0.21$0.27$1.15$1.21$0.05
2020Summary only. Only limited summary data is available for this year.$0.73$0.50$0.23$1.03$0.96$0.07
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.43$0.25$0.96$0.98$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.32$0.27$1.12$1.14$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.32$0.29$1.27$1.18$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.44$0.21$0.79$0.78$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.21$0.19$0.46$0.34$0.11
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.22$0.08$0.39$0.40$0.01
2013Summary only. Only limited summary data is available for this year.$0.36$0.29$0.08$0.31$0.39$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.35$0.14$0.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.18$0.22$0.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.13$0.18$0.41