Society of Chinese American Physician Entrepreneurs
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Our Missions are Networking: to connect Chinese American Physicians or Medical Scientists across different sub-specialties. Leadership: to facilitate collaborations among individual members and the healthcare industry in the United States. Education: to provide webinars and other formats of medical training in different sub-specialties to medical students residents and physicians. Publication: to disseminate academic research and clinic findings newsletters and media reports on a regular basis to connect members to the physicians world. We host an annual meeting each summer organize member gatherings in various locations throughout the year and also hold online seminars as often as monthly.
- Income
- $434,990
- Spending
- $245,747
- Reserves
- 29.2 months of spending
- Largest source of income
- donations and private grants, 96%
- Employees
- 0
- Volunteers
- 30
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 85% of charities in its peer group (education, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 29.2 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 44% of income.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 64 out of 100. Higher than 42% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $75,382 spent. 2024 Spring Symposium was a prestigious event that took place during the Lunar New Year celebrations bringing together 180 Chinese American physicians in Los Angeles on February 17-18 2025. The Symposium & Exhibition featured a diverse program including a Scientific Symposium and two roundtable meetings where experts shared valuable insights through over a dozen academic presentations. The topics covered a wide range of cutting-edge medical fields such as Oncology Interventional Radiology for Diabetic Neuropathy New Lipid-Lowering Therapies Diagnosis and Treatment of Fatty Liver Disease Neurodegenerative Disorders Remote Management of Chronic Diseases Aesthetic Medicine and Family Trust Management for Physicians. Eminent professionals like Dong Xiang MD Fengting Yan MD PhD John Fan MD Xu He DO Ke-Qin Hu MD Lin Zhang MD PhD Dawei Zheng MD Leah Wang PhD Lee L. Q. Pu MD PhD Zhong Ye MD and Xin Wang MD PhD enriched the symposium with their expertise making it a significant educational and networking opportunity for the attendees.
- $160,191 spent. The 2024 Annual Meeting and 10th Anniversary Celebration of the SCAPE concluded successfully in San Jose California. The event was well attended and grand in scale attracting nearly 600 participants including approximately 350 lifetime member doctors from across the United States. Guests from Canada Australia and the United Kingdom as well as family members of the SCAPE members supporters and sponsors also gathered to celebrate. The meeting commenced at the beautiful Stanford University campus in the morning on July 13th 2024. The current president Dr. Lirong Cheng and the founding president Dr. Xiang Qian delivered the opening remarks and warmly welcomed the attendees. Three prominent figures from different fields gave keynote speeches and shared their profound and distinct insights and visions. The founder and CEO of Zoom Video Communications Eric Yuan shared his experience as an entrepreneur and talked about self-development for the young generation. Myron S. Scholes PhD MBAhD Nobel Laureate in Economic Sciences in 1997 lectured Uncertaintys Effect on Creativity and Learning. Zhi-Xun Shen PhD Member of the National Academy of Sciences and Fellow of the American Academy of Arts and Sciences talked about The Arrival of the Magic Stone. The afternoons Continuing Medical Education CME sessions were rich and engaging followed by a series of exciting and captivating artistic performances. It is the link of the report of event. https: scapeusa.org new 2024-scape-10th-anniversary-annual-conference
- $7,500 spent. Southern California physicians of SCAPE hosted a spring academic meeting with dinner in Irvine California.
- $2,584 spent. To operate the website https: scapeusa.org new payment is required for platform services and GoDaddy registration.
- $90 spent. To file the tax form a payment is required to use the Tax990 web platform.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.