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Nonprofiteer
← GEORGIA BIOSCIENCES ORGANIZATION

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 MPH

    PRESIDENT/CEO

    Total calculated
    $48,462
    From this org
    $48,462
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Steven Damon

    BOARD CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Dave Penake

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Avi Robbins

    GOVERNANCE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Cindy Edge

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jayne Morgan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bill Warren

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • E Jane Caraway

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eddie Lai

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shay Foley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Bouzyk

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Marcus Downs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Heather Mullins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christopher McKinney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mary 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

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202533219349304793

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