Bbsw EIN 61-1905265

Bbsw FY2022 filing

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Connects statisticians in biotech and pharma at local conferences to foster collaboration. For fiscal year 2022 it reported $230K in revenue, $192K in expenses, and $144K in net assets.Pt I

Founded
2018
Type
Public charity (501(c)(3)) · Community Development
Location
Foster City, CA
Website
www.bbsw.org
Filings
6 on file (2020–2022)
Revenue
$230KFY2022
Expenses
$192K
Net assets
$144K
People
16
Filings
6
Updates
0
More identity details & actions ⌄
EIN  61-1905265 Public charity (501(c)(3)) Foster City, CA Founded 2018
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Connects statisticians in biotech and pharma at local conferences to foster collaboration.
Leadership
Chito Hernandez · Board Director
Money in and out
$230K revenue, $192K expenses
Bottom line
90% program efficiency
Where the money goes · FY2022
Total revenue
$230K
Pt VIII · Ln 12
Total expenses
$192K
Pt IX · Ln 25
Net assets
$144K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $38K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10
Program efficiency
90%
of spending reaches programs
Operating runway
9.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$230K
FY2022▲ +88%
Expenses
$192K
FY2022▲ +492%
Total assets
$144K
FY2022▲ +34%
Total liabilities
$0
FY2022
Total revenue
$230K
Pt VIII · Ln 12
Total expenses
$192K
Pt IX · Ln 25
Net assets
$144K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$38K
Total assetsPt X · Ln 16$144K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $172K of program spending, described in the organization's own filed words · FY2022.
01

Annual conference-over 200 bay area data scientists from the healthcare industry participated. The conference fostered knowledge sharing of advanced data science methodologies and applications, industry trends and regulatory guidances. The event also fostered cross industry collaborations.

$167Kprogram expense
02

Yoda Project

Meetup series: 5 virtual meetups were hosted. 50-100 participants per virtual meetup. During the meetup series, participants learned about latest industry trends in pediatrics drug development, diagnostic development, as well as development of open source data science tools.

$4Kprogram expense
03

Grant to other organizations

$1Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBbsw
EINHdr · item D61-1905265
Principal addressHdr · item CFoster City, CA
WebsiteHdr · item Jwww.bbsw.org
Year of formationHdr · item L2018
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S21)
Ruling yearIRS BMFMay 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$197K · 86%
Program service revenue$33K · 14%
Contributions & grants86%$197K
Program service revenue14%$33K
Total revenueLn 12$230K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$172K
Management & general10%$20K
Total functional expensesLn 25$192K

Balance Sheet

Part X · end of year
CashLn 1$144K
Total assetsLn 16$144K
Total liabilitiesLn 26$0
Total net assetsLn 32$144K
Months of cash on handcomputed9.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $144K · Operating expenses/yr $192K
9.0 months
Where the money goes
Program services
Program services $172K · Total expenses $192K
90%
Management & General
Management & general $20K · Total expenses $192K
10%
Fundraising
Fundraising $0 · Total expenses $192K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $100K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $197K · Total revenue $230K
86%
Government reliance
Government grants — · Total revenue $230K
Earned-income share
Program service revenue $33K · Total revenue $230K
14%
Investment reliance
Investment income $0 · Total revenue $230K
0%
Program self-sufficiency
Program service revenue $33K · Total expenses $192K
17%
Growth & trend
Revenue growth (YoY)
This year $230K · Prior year $122K
+88%
Net-asset trend (YoY)
End of year $144K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $230K · Expenses $192K
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $144K
Net-asset ratio
Net assets $144K · Total assets $144K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $144K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Chito Hernandez · Reported title BOARD DIRECTOR · Highest reported compensation $0 · Total expenses $192K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $192K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Fundraising cost ratio 0%
Revenue growth 88%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$280K revenue · ⤓ 990 PDF
FY2024$250K revenue · ⤓ 990 PDF
FY2023$202K revenue · ⤓ 990 PDF
FY2022$230K revenue · viewing · ⤓ 990 PDF
FY2021$122K revenue · ⤓ 990 PDF
FY2020$7K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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