Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $198,645

• 1e · Government grants (contributions)

  $1,234,388

• 1f · All other contributions, gifts and grants

  $96,720

• 1g · Noncash contributions included above

  $21,595

• 2a · Program service revenue: PHARMACY AND DISPENSING FEES

  total $371,644 · related or exempt $371,644

• 2b · Program service revenue: CAMP REGISTRATION FEES

  total $840 · related or exempt $840

• 3 · Investment income

  total $1,315,233 · excluded $1,315,233

• 7a · Gross sales of assets other than inventory

  securities $21,157,282

• 7b · Less cost or other basis and sales expenses

  securities $19,684,519

• 7c · Gain or loss

  securities $1,472,763

• 7d · Net gain or loss

  total $1,472,763 · excluded $1,472,763

• 8a · Fundraising events: gross income

  $49,660

• 8a · Fundraising events: contributions included on line 1c

  $198,645

• 8b · Fundraising events: direct expenses

  $127,123

• 8c · Net income from fundraising events

  total -$77,463 · excluded -$77,463

• 10a · Gross sales of inventory

  $172,095,029

• 10b · Cost of goods sold

  $142,039,622

• 10c · Net income from sales of inventory

  total $30,055,407 · related or exempt $30,055,407

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $8,078,050 · program services $8,078,050

• 2 · Grants to domestic individuals

  total $2,839,005 · program services $2,839,005

• 5 · Compensation of officers, directors and key employees

  total $1,056,835 · program services $830,632 · management and general $156,519 · fundraising $69,684

• 7 · Other salaries and wages

  total $8,058,368 · program services $6,334,824 · management and general $1,192,099 · fundraising $531,445

• 8 · Pension plan contributions

  total $356,066 · program services $279,230 · management and general $53,410 · fundraising $23,426

• 9 · Other employee benefits

  total $1,229,557 · program services $964,232 · management and general $184,434 · fundraising $80,891

• 10 · Payroll taxes

  total $545,969 · program services $428,155 · management and general $81,895 · fundraising $35,919

• 11b · Fees: legal

  total $477,317 · program services $371,247 · management and general $106,070

• 11c · Fees: accounting

  total $75,216 · management and general $75,216

• 11d · Fees: lobbying

  total $155,258 · management and general $155,258

• 11f · Fees: investment management

  total $123,864 · management and general $123,864

• 11g · Fees: other

  total $110,750 · program services $110,750

• 12 · Advertising and promotion

  total $9,020 · program services $1,700 · management and general $6,885 · fundraising $435

• 13 · Office expenses

  total $503,025 · program services $360,537 · management and general $134,291 · fundraising $8,197

• 14 · Information technology

  total $869,112 · program services $681,567 · management and general $130,367 · fundraising $57,178

• 16 · Occupancy

  total $553,291 · program services $477,275 · management and general $76,016

• 17 · Travel

  total $973,332 · program services $734,726 · management and general $165,860 · fundraising $72,746

• 19 · Conferences, conventions and meetings

  total $22,129 · fundraising $22,129

• 22 · Depreciation, depletion and amortization

  total $537,315 · program services $506,105 · management and general $27,441 · fundraising $3,769

• 23 · Insurance

  total $352,773 · program services $276,648 · management and general $52,916 · fundraising $23,209

• 24a · Other expenses: CAMP EXPENSES

  total $138,348 · program services $138,348

• 24b · Other expenses: MEDICAL SUPPLIES

  total $121,938 · program services $121,938

• 24c · Other expenses: DUES AND TAXES

  total $87,365 · program services $68,513 · management and general $13,105 · fundraising $5,747

• 24d · Other expenses: COMMUNITY EDUCATION/AWA

  total $43,219 · program services $43,219

• 24e · All other expenses

  total $536,381 · program services $260,147 · management and general $260,474 · fundraising $15,760

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,201,383 · end of year $12,145,876

• 2 · Savings and temporary cash investments

  beginning of year $2,917,815 · end of year $3,150,622

• 3 · Pledges and grants receivable

  beginning of year $484,161 · end of year $260,310

• 4 · Accounts receivable

  beginning of year $16,489,069 · end of year $16,112,098

• 8 · Inventories for sale or use

  beginning of year $7,096,845 · end of year $4,940,758

• 9 · Prepaid expenses and deferred charges

  beginning of year $846,382 · end of year $638,640

• 10a · Land, buildings and equipment: cost or other basis

  $3,801,110

• 10b · Land, buildings and equipment: accumulated depreciation

  $1,569,345

• 10c · Land, buildings and equipment, net

  beginning of year $2,418,276 · end of year $2,231,765

• 11 · Investments: publicly traded securities

  beginning of year $41,874,012 · end of year $47,670,383

• 12 · Investments: other securities

  beginning of year $510,135 · end of year $514,529

• 15 · Other assets

  beginning of year $7,634,991 · end of year $9,336,570

• 17 · Accounts payable and accrued expenses

  beginning of year $17,371,269 · end of year $16,604,544

• 18 · Grants payable

  beginning of year $1,828,544 · end of year $3,159,777

• 19 · Deferred revenue

  end of year $25,020

• 25 · Other liabilities

  beginning of year $5,768,470 · end of year $5,417,918

• 27 · Net assets without donor restrictions

  beginning of year $61,169,690 · end of year $71,678,399

• 28 · Net assets with donor restrictions

  beginning of year $335,096 · end of year $115,893

The filer's explanations (Part III)

PART I, LINE 1A

HEMOPHILIA OF GEORGIA PAYS 100% OF COVERAGE FOR THE EMPLOYEE ONLY FOR HSA MEDICAL, DENTAL & VISION BENEFIT PLANS.

PART I, LINE 7

THE BOARD SETS AND APPROVES THE CEO'S BONUS BASED ON HAVING ACCOMPLISHED THE BOARD'S ENDS AND HOW WELL THE ENDS ARE ACHIEVED. THE CEO APPROVES MANAGER BONUSES. THE BOARD SETS MANAGEMENT LIMITATIONS AND THE CEO MUST GIVE THE BOARD MONITORING REPORTS WHICH ARE REVIEWED AND ACCEPTED BY THE BOARD. ALL OTHER DISCRETIONARY BONUSES ARE APPROVED BY EXECUTIVE MANAGEMENT. BONUS AMOUNTS FOR THE YEAR ARE AS FOLLOWS: EDITH A. ROSATO $89,605 ELIZABETH SOLOMON $35,000 LEIGH CARPENTER $30,700 JACKIE SHIPP $18,000 ROBERT GILLESPIE $41,400 VICTOR A. MCCARTY $36,029 RESHAM SAHIJRAM $28,000

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• BEACON PHARMACY LLC

  SELL NON-340B PHARMACY PRODUCTS · GA · income $19,809,347 · assets $48,917,116

  Directly controlled by HEMOPHILIA OF GEORGIA INC