ASSOCIATION OF BIOSCIENCE FINANCIAL OFFICERS

EIN: 943187188

Belmont, CA

Total Revenue
$607,027
Total Expenses
$685,710
Total Assets
$456,601
Net Assets
$456,601
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
CA
Principal Officer
Hector Casab
Phone
6508701063
Tax Period
2025-01-01 to 2025-12-31

ASSOCIATION OF BIOSCIENCE FINANCIAL OFFICERS, founded in 1993, is a small nonprofit that reported $607K in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year. Expenses of $686K exceeded revenue, resulting in a 13% operating deficit.

Mission

To provide a forum for the exchange of information and ideas on financial and business issues relevant to the bioscience industry. To foster a strong affiliation between senior financial executives through a variety of events.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $66,816
Program Service Revenue $540,211
Investment Income $0
Other Revenue $0
TOTAL REVENUE $607,027

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $685,710
TOTAL EXPENSES $685,710

Year-over-Year Comparison

2025 2024 Change
Revenue $607,027 $644,620 -0.1%
Expenses $685,710 $493,576 +0.4%
Net Income $-78,683 $151,044 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Hector Casab President 2
Officer Director
$0 $0 $0
Joy Berberich Board Member 1
Director
$0 $0 $0
David Tucker Board Member 1
Director
$0 $0 $0
Herb Cross Board Member 1
Director
$0 $0 $0
Amy Bachrodt Board Member 1
Director
$0 $0 $0
Tammy Cameron Board Member 1
Director
$0 $0 $0
Stephanie Wong Board Member 1
Director
$0 $0 $0
Eldar Bolsakov Treasurer 2
Officer Director
$0 $0 $0
Sandy Ho Board Member 1
Director
$0 $0 $0
Allison Richards Board Member 1
Director
$0 $0 $0
Faisal Shawwa Board Member 1
Director
$0 $0 $0
Rob Lopez Board Member 1
Director
$0 $0 $0
Scott Sieckert Board Member 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $607,027 $685,710 $456,601 $-78,683
2024 $644,620 $493,576 $535,284 $151,044
2023 $762,106 $668,603 $384,240 $93,503
2022 $395,364 $318,080 $294,125 $77,284
2021 $49,265 $53,635 $216,841 $-4,370
2020 $155,071 $117,431 $221,211 $37,640
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