Form 990 for tax year 2024
Filed by GEORGIA BIOSCIENCES ORGANIZATION.
Totals
- Total revenue
- $1,667,338
- Total expenses
- $1,511,410
- Contributions and grants received
- $418,274
- Grants paid
- $235,984
- Program service revenue
- $1,249,064
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $405,363
- Total liabilities, end of year
- $141,973
- Net assets or fund balances, end of year
- $263,390
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$418,274
-
1g · Noncash contributions included above
$418,274
-
2a · Program service revenue: MEMBERSHIP DUES
total $762,019 · related or exempt $762,019
-
2b · Program service revenue: PROGRAM REVENUE
total $278,865 · related or exempt $278,865
-
2c · Program service revenue: GRANTS
total $208,180 · related or exempt $208,180
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $232,159
-
3 · Grants to foreign organizations and individuals
total $3,825
-
5 · Compensation of officers, directors and key employees
total $48,462
-
7 · Other salaries and wages
total $248,580
-
9 · Other employee benefits
total $5,210
-
10 · Payroll taxes
total $24,802
-
11b · Fees: legal
total $80
-
11c · Fees: accounting
total $15,724
-
11g · Fees: other
total $214,389
-
12 · Advertising and promotion
total $69,774
-
13 · Office expenses
total $31,486
-
14 · Information technology
total $45,041
-
16 · Occupancy
total $40,091
-
17 · Travel
total $23,647
-
23 · Insurance
total $3,480
-
24a · Other expenses: FEDERAL GRANTS
total $318,219
-
24b · Other expenses: PROGRAM EXPENSES
total $178,367
-
24c · Other expenses: PROGRAM SUPPLIES
total $4,910
-
24d · Other expenses: OTHER
total $3,164
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $37,499 · end of year $50,481
-
4 · Accounts receivable
beginning of year $119,903 · end of year $7,901
-
8 · Inventories for sale or use
beginning of year $109,452 · end of year $295,567
-
15 · Other assets
beginning of year $0 · end of year $51,414
-
17 · Accounts payable and accrued expenses
beginning of year $71,236 · end of year $39,794
-
19 · Deferred revenue
end of year $52,450
-
25 · Other liabilities
beginning of year $63,384 · end of year $49,729
-
27 · Net assets without donor restrictions
beginning of year $132,234 · end of year $263,390
Mission and programs · 2024
Mission
THE MISSION OF GEORGIA BIOSCIENCES ORGANIZATION IS TO ADVANCE THE LIFE SCIENCES INDUSTRY IN GEORGIA BY PROMOTING INNOVATION, WORKFORCE DEVELOPMENT, AND PUBLIC UNDERSTANDING OF ITS IMPACT ON THE ECONOMY, HEALTH, AND QUALITY OF LIFE. THE ORGANIZATION EDUCATES POLICYMAKERS,FOSTERS COLLABORATION AMONG INDUSTRY, ACADEMIA, AND GOVERNMENT, AND SUPPORTS INITIATIVES THAT STRENGTHEN GEORGIA'S LEADERSHIP IN BIOTECHNOLOGY, MEDICAL TECHNOLOGY, AND BIOMANUFACTURING.
Activities or mission (Part I)
THE MISSION OF THE GEORGIA BIOSCIENCES ORGANIZATION IS TO ADVANCE THE LIFE SCIENCES INDUSTRY IN GEORGIA BY PROMOTING INNOVATION, WORKFORCE DEVELOPMENT, AND PUBLIC UNDERSTANDING OF ITS IMPACT ON THE ECONOMY, HEALTH, AND QUALITY OF LIFE. THE ORGANIZATION EDUCATES POLICYMAKERS, FOSTERS COLLABORATION AMONG INDUSTRY, ACADEMIA, AND GOVERNMENT, AND SUPPORTS INITIATIVES THAT STRENGTHEN GEORGIA'S LEADERSHIP IN BIOTECHNOLOGY, MEDICAL TECHNOLOGY, AND BIOMANUFACTURING.
-
GEORGIA BIOSCIENCES ORGANIZATION CARRIES OUT INITIATIVES IN EDUCATION AND WORKFORCE DEVELOPMENT TO ALIGN GEORGIA'S CURRENT AND FUTURE WORKFORCE WITH THE NEEDS OF ITS LIFE SCIENCES INDUSTRY. PROGRAMMING CONNECTS EDUCATION AND CAREER PATHWAY DEVELOPMENT WITH GEORGIA'S WORK READY FRAMEWORK AND PLACES IT IN AN INDUSTRY FOCUSED CONTEXT LED BY A STATEWIDE NETWORK OF EMPLOYERS, EDUCATORS, AND PARTNERS.ACTIVITIES INCLUDE CAREER AWARENESS PROGRAMS, CURRICULUM DEVELOPMENT, TEACHER TRAININGS, MENTORING, AND COLLABORATIVE SOLUTIONS DESIGN. WITH SUPPORT FROM THE STATE OF GEORGIA, GEORGIA BIOSCIENCES ORGANIZATION CONTINUED ITS TEACHER TRAINING PROGRAM IN 2024, SERVING EDUCATORS ACROSS MORE THAN 30 COUNTIES. IN 2024, 202 TEACHERS WERE TRAINED, REACHING AN ESTIMATED 105,729 STUDENTS. TO DATE, MORE THAN 861 TEACHERS HAVE BEEN TRAINED, REACHING OVER 277,000 STUDENTS STATEWIDE.GEORGIA BIOSCIENCES ORGANIZATION ALSO OPERATES AN EQUIPMENT DEPOT TO SUPPORT STEM EDUCATION BY PROVIDING FREE LAB SUPPLIES AND EQUIPMENT TO CLASSROOMS THROUGHOUT THE STATE, WITH MORE THAN $421,029 IN SUPPLIES AND EQUIPMENT DISTRIBUTED IN 2024. ADDITIONALLY, GEORGIA BIOSCIENCES ORGANIZATION LEADS A NATIONAL SCIENCE FOUNDATION FUNDED INITIATIVE TO OPERATE AND SCALE THE BIOTECHNICIAN ASSISTANT CREDENTIALING EXAM (BACE) PROGRAM, EXPANDING INDUSTRY-RECOGNIZED CREDENTIALS AND WORKFORCE READINESS ACROSS GEORGIA.
-
GEORGIA BIOSCIENCES ORGANIZATION SERVES AS THE UNIFIED VOICE FOR GEORGIA'S BIOTECHNOLOGY, MEDICAL TECHNOLOGY, PHARMACEUTICAL, AND DIGITAL HEALTH SECTORS.THE ORGANIZATION EDUCATES POLICYMAKERS ABOUT THE INDUSTRY'S CONTRIBUTIONS TO GEORGIA'S ECONOMY, JOB GROWTH, AND PUBLIC HEALTH, AND ADVOCATES FOR POLICIES THAT STRENGTHEN INNOVATION, RESEARCH, AND ADVANCED MANUFACTURING ACROSS THE STATE.THROUGH COLLABORATION WITH STATE AND FEDERAL PARTNERS, GEORGIA BIOSCIENCES ORGANIZATION PROVIDES STRATEGIC INPUT ON LEGISLATION, FUNDING, AND REGULATORY INITIATIVES, ENSURING THAT GEORGIA REMAINS A COMPETITIVE DESTINATION FOR LIFE SCIENCES COMPANIES. THE ORGANIZATION ALSO CONVENES PUBLICPRIVATE WORKING GROUPS, LEGISLATIVE FORUMS, AND POLICY ROUNDTABLES TO INFORM DECISION-MAKERS AND ADVANCE PRO-INNOVATION POLICIES.
-
GEORGIA BIOSCIENCES ORGANIZATION BUILDS PARTNERSHIPS AMONG INDUSTRY, ACADEMIA, GOVERNMENT, AND COMMUNITY ORGANIZATIONS TO FOSTER INNOVATION AND COLLABORATION. SIGNATURE EVENTS SUCH AS THE GEORGIA LIFE SCIENCES SUMMIT, PATIENT FORUM, THOUGHT LEADERS SERIES, AND THE GOLDEN HELIX AWARDS SHOWCASE THE STATE'S SCIENTIFIC LEADERSHIP, RECOGNIZE EXCELLENCE, AND CONNECT STAKEHOLDERS ACROSS THE INNOVATION ECOSYSTEM.THE ORGANIZATION ALSO COLLABORATES WITH CHAMBERS OF COMMERCE, EDUCATIONAL INSTITUTIONS, AND LOCAL GOVERNMENTS THROUGH INITIATIVES LIKE BIOREADY COMMUNITIES, WHICH HELPS CITIES AND COUNTIES PREPARE FOR LIFE SCIENCES INVESTMENT AND JOB CREATION. THESE EFFORTS STRENGTHEN GEORGIA'S LIFE SCIENCES ECOSYSTEM AND DRIVE EQUITABLE ACCESS TO OPPORTUNITIES STATEWIDE.
-
GEORGIA BIOSCIENCES ORGANIZATION PROVIDES PROGRAMS AND SERVICES THAT SUPPORT ITS MEMBER ORGANIZATIONS AND STRENGTHEN THE STATE'S INNOVATION NETWORK. THESE INCLUDE PROFESSIONAL DEVELOPMENT EVENTS, NETWORKING FORUMS, AND COMMUNICATIONS PLATFORMS THAT HIGHLIGHT MEMBER ACHIEVEMENTS AND SHARE BEST PRACTICES.THROUGH THE GEORGIA BIOSCIENCES ORGANIZATION PODCAST, NEWSLETTERS,WEBSITE, AND SOCIAL MEDIA, AND MEDIA PARTNERSHIPS, THE ORGANIZATION AMPLIFIES THE VOICES OF GEORGIA'S LIFE SCIENCES LEADERS AND PROMOTES THE INDUSTRY'S ROLE IN IMPROVING HEALTH, DRIVING INNOVATION, AND EXPANDING ECONOMIC OPPORTUNITY.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Maria Thacker Goethe MPHMARIA THACKER GOETHE MPH
PRESIDENT/CEO
- Total calculated
- $48,462
- From this org
- $48,462
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Steven DamonSTEVEN DAMON
BOARD CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Dave PenakeDAVE PENAKE
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Avi RobbinsAVI ROBBINS
GOVERNANCE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Cindy EdgeCINDY EDGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jayne MorganJAYNE MORGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bill WarrenBILL WARREN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
E Jane CarawayE JANE CARAWAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eddie LaiEDDIE LAI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shay FoleySHAY FOLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark BouzykMARK BOUZYK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marcus DownsMARCUS DOWNS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Heather MullinsHEATHER MULLINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher McKinneyCHRISTOPHER MCKINNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary AlbertsonMARY ALBERTSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
SUPPORT STEM AND LIFE SCIENCES EDUCATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533219349304793
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