2024-10-03T18:46:21-05:00 2023-12-31 910189318 MOSS ADAMS LLP 4747 EXECUTIVE DR SUITE 1300 SAN DIEGO CA 92121 990 2023-01-01 841790343 UNIVERSITY LAB PARTNERS UNIV 9497324290 5270 CALIFORNIA AVENUE SUITE 300 IRVINE CA 92617 KENNETH L BEALL CEO/PRESIDENT 9497186333 2024-10-02 1 1 PATRICIA J MAYER P00188643 8586271400 2023 2024-10-15 13:58:12Z KENNETH L BEALL 5270 CALIFORNIA AVENUE SUITE 300 IRVINE CA 92617 4972277 0 X WWW.UNIVERSITYLABPARTNERS.ORG X 2019 CA ULP EMPOWERS ECONOMIC DEVELOPMENT AND JOB CREATION IN ORANGE COUNTY (CA) BY COMBINING A STATE-OF-THE-ART LIFE SCIENCE CO-WORKING ENVIRONMENT WITH WORKFORCE DEVELOPMENT AND TRAINING OPPORTUNITIES. 5 4 18 5 0 0 264947 366274 4581288 4592137 0 13866 0 0 4846235 4972277 0 5619 0 0 743294 955048 38873 38501 39587 3825571 4136837 4607738 5136005 238497 -163728 8713268 8195559 6071184 5717203 2642084 2478356 ULP EMPOWERS ECONOMIC DEVELOPMENT AND JOB CREATION IN ORANGE COUNTY (CA) BY COMBINING A STATE-OF-THE-ART LIFE SCIENCE CO-WORKING ENVIRONMENT WITH WORKFORCE DEVELOPMENT AND TRAINING OPPORTUNITIES. 0 0 1796630 5619 3444478 ACCELERATED GROWTH OF THE BIOMEDICAL INDUSTRY VIA AN OPEN INNOVATION PLATFORM THAT PROVIDES ECONOMICAL LAB AND OFFICE SPACE, VALUABLE TECHNICAL RESOURCES, AND A NETWORK OF STRATEGIC PARTNERSHIPS. 835017 0 933456 THE ORGANIZATION PROVIDES MANAGEMENT AND OVERSIGHT SERVICES FOR THE RAPID ACCELERATION OF DIAGNOSTICS (RADX) INITIATIVE, A PROGRAM SPONSORED BY THE U.S. NATIONAL INSTITUTES OF HEALTH (NI), TO SPEED INNOVATION IN THE DEVELOPMENT, COMMERCIALIZATION, AND IMPLEMENTATION OF TECHNOLOGIES FOR COVID-19 TESTING. 456089 0 214203 AS PART OF ITS OPERATION, THE ORGANIZATION RUNS A WORKFORCE DEVELOPMENT PROJECT TO PROVIDE HANDS-ON TRAINING IN THE LAB FOR ENTRY LEVEL LABORATORY TECHNICIANS, WITH THE SUPPORT AND COLLABORATION OF OTHER CHARITABLE ORGANIZATIONS IN ORANGE COUNTY FOCUSING ON IMPROVING THE LIVES OF ORANGE COUNTY RESIDENTS SEEKING TO IMPROVE THEIR SKILL SETS TO QUALIFY FOR BETTER PAYING, MORE SATISFYING EMPLOYMENT. 3087736 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X KENNETH L BEALL 9497324290 5270 CALIFORNIA AVENUE SUITE 300 IRVINE CA 92617 BOHDAN GREGORY A CFO/TREASURER 12.00 X X 124550 0 0 BEALL KENNETH L CEO/PRESIDENT 8.00 X X 0 0 0 MAUNE HAREEM SECRETARY 1.00 X X 0 0 0 GERACE JOHN DIRECTOR 1.00 X 0 0 0 RAKESTRAW MICHAEL DIRECTOR 1.00 X 0 0 0 KOCH KARIN L MANAGING DIRECTOR 40.00 X 184000 0 9897 MCCARTHY LINDA A SITE DIRECTOR 40.00 X 130000 0 9822 RENUSCH SAMANTHA RAE DIRECTOR OF EDUCATION 40.00 X 110577 0 8120 549127 0 27839 4 0 1 0 MICHAEL MASTERMAN-SMITH 578 WASHINGTON BLVD NO 1025 MARINA DEL REY CA 90292 RESEARCH FOR RADX PROGRAM 234575 JULIA ZAKASHANSKY 29646 ARROYA DR IRVINE CA 92617 RESEARCH FOR RADX PROGRAM 197894 ARES INNOVATION LLC 27 ANGELOU ST IRVINE CA 92617 RESEARCH FOR RADX PROGRAM 174105 3 194542 171732 366274 LAB REVENUE 621500 3444478 3444478 RADX PROGRAM REVENUE 621500 933456 933456 WORKFORCE DEVELOPMENT 621500 214203 214203 4592137 13866 13866 4972277 4592137 0 13866 X 5619 5619 317836 317836 490836 490836 21947 21947 60297 60297 64132 64132 46940 1988 44952 92070 92070 38501 38501 1505787 1067077 437624 1086 15674 15674 30166 30166 103359 33286 70073 133174 133174 1493975 1410089 83886 16854 16854 377316 375074 2242 24504 24504 297018 61429 235589 5136005 3087736 2008682 39587 887602 239985 810160 34981 107796 61648 119397 45383 76227 3660844 1385878 2348568 2274966 5335086 4567028 8713268 8195559 462778 811940 20906 58505 5587500 4846758 6071184 5717203 X 2642084 2478356 2642084 2478356 8713268 8195559 -163728 0 X 0 1 X 1 0 X 2731407 1861122 319127 264947 366274 5542877 1561889 3437462 4581288 4592137 14172776 2731407 3423011 3756589 4846235 4958411 19715653 2731407 1040390 3771797 900328 2402214 2131973 1750781 7185296 2731407 1940718 2402214 2131973 1750781 10957093 8758560 13866 13866 13866 13866 400 400 2731807 3423011 3756589 4846235 4972277 19729919 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 400. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1442553 601140 841413 2218291 784738 1433553 2274966 SECURITY DEPOSITS 132880 RIGHT OF USE ASSET 4434148 4567028 LEASE LIABILITY 4846758 4846758 X 5000271 61742 61742 4938529 33748 33748 4972277 5163999 61742 61742 5102257 33748 33748 5136005 PART X, LINE 2: THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AS OF DECEMBER 31, 2023 AND 2022. THE ORGANIZATION FILES AN EXEMPT ORGANIZATION RETURN IN THE UNITED STATES FEDERAL JURISDICTION AND WITH THE FRANCHISE TAX BOARD IN THE STATE OF CALIFORNIA. DURING THE YEARS ENDED DECEMBER 31, 2023 AND 2022, THERE WERE NO TAXES ON UNRELATED BUSINESS INCOME AND NO PROVISION FOR INCOME TAX HAS BEEN MADE. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFICATION OF OTHER EXPENSES 33,748. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFICATION OF OTHER EXPENSES 33,748. X X X X X 1 PEN TO PAPER GRANT CONSULTING INC 35540 CHANTILLY COURT WINCHESTER CA 92596 CHARITABLE VENTURES 0 0 36250 -36250 36250 -36250 0 0 0 0 0 0 0 0 0 KOCH KARIN L MANAGING DIRECTOR 175000 0 0 0 9000 0 0 0 9897 0 193897 0 0 0 SCHEDULE J, PART I, LINE 3 THE ORGANIZATION'S TOP OFFICIAL, PRESIDENT, IS NOT COMPENSATED. FORM 990, PART VI, SECTION A, LINE 2 GREG BOHDAN AND KENNETH L. BEALL HAVE A BUSINESS RELATIONSHIP, AND KENNETH L. BEALL AND MICHAEL RAKESTRAW HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B REVIEWED CLOSELY BY THE CFO AND REVIEWED IN GENERAL BY THE CEO. A COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PER UNIVERSITY LAB PARTNER'S CONFLICT OF INTEREST POLICY, THE CORPORATION WILL NOT BE A PARTY TO ANY TRANSACTION IN WHICH ONE OR MORE OF ITS DIRECTORS HAS A MATERIAL FINANCIAL INTEREST, OR WITH ANY ENTITY IN WHICH ONE OR MORE DIRECTORS HAS A MATERIAL FINANCIAL INTEREST. THE COMPANY WILL NOT BE A PARTY TO ANY TRANSACTION UNLESS THE CORPORATION ENTERS INTO THE TRANSACTION FOR ITS OWN BENEFIT; THE TRANSACTION IS FAIR AND REASONABLE TO THE CORPORATION AT THE TIME THE TRANSATION IS ENTERED INTO; PRIOR TO CONSUMMATING THE TRANSACTION, THE BOARD AUTHORIZES THE TRANSACTION IN GOOD FAITH BY A VOTE OF A MAJORITY OF DIRECTORS, AND WITH KNOWLEDGE OF THE MATERIAL FACTS CONCERNING THE TRANSACTION AND THE INTERESTED DIRECTOR'S FINANCIAL INTEREST IN THE TRANSACTION; PRIOR TO AUTHORIZING OR APPROVING THE TRANSACTION, THE BOARD CONSIDERS AND IN GOOD FAITH DETERMINES AFTER REASONABLE INVESTIGATION THAT THE CORPORATION COULD NOT OBTAIN A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES; AND THE MINUTES OF THE BOARD MEETING AT WHICH SUCH ACTION WAS TAKEN REFLECT THAT THE BOARD CONSIDERED AND MADE THE FINDINGS. FORM 990, PART VI, SECTION B, LINE 15 THE TOP OFFICIAL, PRESIDENT, IS NOT COMPENSATED AND DUTIES ARE PERFORMED ON A VOLUNTEER BASIS. COMPENSATION OF ALL OTHER OFFICERS, IF ANY, SHALL BE FIXED FROM TIME TO TIME BY RESOLUTION OF THE BOARD. ANY SALARIES RECEIVED BY OFFICERS SHALL BE REASONABLE AND GIVEN IN RETURN FOR SERVICES ACTUALLY RENDERED FOR THE CORPORATION WHICH RELATE TO THE PERFORMANCE OF THE PUBLIC BENEFIT PURPOSES OF THE CORPORATION. NO SALARIED OFFICER SERVING AS A DIRECTOR SHALL BE PERMITTED TO VOTE ON HIS OR HER OWN COMPENSATION AS AN OFFICER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 835,017. MANAGEMENT AND GENERAL EXPENSES 160,768. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 995,785. OUTSIDE CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 37,999. MANAGEMENT AND GENERAL EXPENSES 157,624. FUNDRAISING EXPENSES 1,086. TOTAL EXPENSES 196,709. LAB CONSUMABLES, SUPPLIES, AND EQUIPMENT: PROGRAM SERVICE EXPENSES 77,467. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 77,467. MAINTENANCE & REPAIR: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 49,186. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,186. EVENT PLANNING: PROGRAM SERVICE EXPENSES 82,846. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 82,846. MARKETING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 70,046. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 70,046. SUPPORT SERVICES: PROGRAM SERVICE EXPENSES 33,748. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,748.