CHINESE-AMERICAN BIOPHARMACEUTICAL SOCIETY Charity Report

Public IRS 990 nonprofit record

CHINESE-AMERICAN BIOPHARMACEUTICAL SOCIETY

EIN 20-2246060 · Biological & Life Sciences (U50)

What they do

The Chinese American Biopharmaceutical Society (CABS) is A Non-profit Organization for Professional In The Biopharmaceutical Industry. CABS is Highly Influential Association With More Than 3,000 Members and Subscribers In The Life Science Industry. About 70% of Our Members Have PhD Degree Relating to Life Sciences. A Considerable Proportion of The Members Are Holding Senior Research and Management Positions In American and Multi-national Life Science Corporations. We Organize Many Activities to Promote International Collaborations In Life Sciences and to Provide Science & Technology Parks and Life Sciences Companies In The Pacific Rim With An Excellent Platform to Promote Business and to Recruit Talent. CABS is Helping Members Seeking Collaboration Opportunities In The Pacific Rim. to Further Meet The Needs of CABS Members, We Are Actively Helping Our Members Seeking Partnership Opportunities In The Pacific Rim:To Co-sponsor Scientific Conference In Biopharmaceutical FieldTo Organize C

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

95.23%of revenue went to mission work89.5% of expenses · Program services

$106.36spent for every $100 of revenueSpending was higher than revenue this year.

11.13%of revenue went to management and office costs10.5% of expenses

$1.19in assets for every $1 spent this yearSome assets cannot be spent right away.

89.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $14,639 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$230,254

Mission workProgram services$219,26495.23% of revenue89.5% of expenses

ManagementOffice and general costs$25,62911.13% of revenue10.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$244,893106.36% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 89.5% mission · 10.5% management · 0.0% fundraisingTotal expenses: 106.36% of revenue

2020Expense mix: 3.3% mission · 0.0% management · 0.0% fundraisingTotal expenses: 120.98% of revenue

2018Expense mix: 82.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 79.13% of revenue

2017Expense mix: 84.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 60.54% of revenue

2016Expense mix: 79.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 69.96% of revenue

Money in and money out

Revenue$230,254

Expenses$244,893

Annual shortfall $14,639 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$219,264 · 89.5% of expenses

Management and office costs$25,629 · 10.5% of expenses

See all reported dollar amounts

Revenue$230,254

Expenses$244,893

Assets$290,662

Income$230,254

Contributions$206,719

Mission work (program services)$219,264

Management and general$25,629

Accounting fees$7,826

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (13)

ALAN HAODIRECTOR

ALEX ZHANGDIRECTOR

CARRIE WANGDIRECTOR

CHENI KWOKDIRECTOR

JANET XIAODIRECTOR

JESSICA SUNPRESIDENT & DIR

JINGSHAN HUDIRECTOR

KAY TONGPRESIDENT ELECT

WEI DONGDIRECTOR

WENTAO ZHANGDIRECTOR

YAN WANGDIRECTOR

YUYING KATE YOUDIRECTOR

ZHONGHUA PEIDIRECTOR

About this charity

Recognized since: January 2006
Location: 268 BUSH STREET 1888, SAN FRANCISCO, CA 94104-3503
County: City and County of San Francisco
In care of: % PRESIDENT
Primary officer: Jessica Sun, President

How to reach them

WebsiteVisit the charity’s website Emailinfo@cabsweb.org Phone(650) 892-6283

Filing and classification

Latest tax year: 2023
Tax period began: September 1, 2023
Return type: 990
Tax preparer: DAVID Z WANG CPA
NTEE classification: Biological & Life Sciences (U50)
IRS tax category: Biological & Life Sciences