Form 990 for tax year 2023

Totals

Total revenue

$249,253

Total expenses

$117,019

Contributions and grants received

$134,225

Grants paid

$0

Program service revenue

$115,028

Investment income

$0

Other revenue

$0

Total assets, end of year

$266,854

Total liabilities, end of year

$134,620

Net assets or fund balances, end of year

$132,234

Program services expenses (Part IX)

$95,089

Management and general expenses

$21,559

Fundraising expenses

$371

Program service expenses (Part III)

$95,089

Program services were 81.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

Mission and programs · 2023

• EDUCATION AND WORKFORCE DEVELOPMENT - GEORGIA BIOSCIENCES CARRIES OUT INITIATIVES IN EDUCATION AND WORKFORCE DEVELOPMENT TO ACCELERATE THE ALIGNMENT OF GEORGIA'S CURRENT AND FUTURE WORKFORCE WITH THE NEEDS OF ITS LIFE SCIENCES INDUSTRY. THE WORKFORCE DEVELOPMENT PROGRAMMING FOCUSES ON CONNECTING EDUCATION AND CAREER PATHWAY DEVELOPMENT WITH GEORGIA'S WORK READY PROGRAM AND PLACES IT IN AN INDUSTRY-FOCUSED CONTEXT LED BY AN INDUSTRY NETWORK. ACTIVITIES INCLUDE CAREER AWARENESS PROGRAMS, CURRICULA DEVELOPMENT AND IMPLEMENTATION, TEACHER TRAININGS, A MENTORING PROGRAM, AND SOLUTIONS DESIGN AND EXECUTION. WITH SUPPORT FROM THE STATE OF GEORGIA, GABIOSCIENCES LAUNCHED THE FIRST TEACHER TRAINING PROGRAM IN THE COUNTRY SPECIFIC TO STEM EDUCATION, SERVING MORE THAN 30 COUNTIES IN RURAL GEORGIA. 370 TEACHERS TRAINED, IMPACTING OVER 50,000 STUDENTS (75% IN TITLE 1 SCHOOLS). GABIOSCIENCES ALSO OPERATES AN EQUIPMENT DEPOT TO SUPPORT STEM EDUCATION BY PROVIDING FREE STEM SUPPLIES AND EQUIPMENT TO CLASSROOMS THROUGHOUT THE STATE, WITH OVER 615,142 OF SUPPLIES AND EQUIPMENT DONATED IN 2023 FOR DISTRIBTUION TO TEACHERS AND SCHOOLS. GABIOSCIENCES IS LEADING AN INITIATIVE FUNDED BY NSF TO OPERATE AND SCALE A BIOTECHNICIAN ASSISTANT CREDENTIALING EXAM (BACE) PROGRAM.

  Expenses $71,317 · Revenue $75,000

• LIFE SCIENCES AND DIGITAL HEALTH - GEORGIA BIOSCIENCES WORKS TO ADVANCE THE GROWTH OF GEORGIA'S LIFE SCIENCES INDUSTRY AND FOSTER STRATEGIC PARTNERSHIPS THAT CAN CREATE A HEALTHIER WORLD AND STRENGTHEN ECONOMIC DEVELOPMENT IN THE REGION. INITIATIVES AND PROGRAMS INCLUDE PUBLIC POLICY INFORMATION FORUMS, EXECUTIVE ROUNDTABLES, EDUCATIONAL PANELS ON INDUSTRY TRENDS AND INNOVATIONS, CAPITAL FORUMS, AND ENTREPRENURIAL TRAININGS. THE ANNUAL CONFERENCE IS THE LARGEST LIFE SCIENCES CONFERENCE IN THE SOUTHEAST AND SHOWCASES THE MOST ADVANCED LIFE SCIENCE RESEARCH AND PRODUCT DEVELOPMENTS NOT ONLY IN BIOMEDICINE AND MEDICAL DEVICES, BUT ALSO IN AGRICULTURE AND BIOENERGY. MEETINGS AND EVENTS ARE OPEN TO COMPANY EXECUTIVES, UNIVERSITY ADMINISTRATORS AND SCIENTISTS, GOVERNMENT LEADERS, INVESTORS, AND PUBLIC POLICY EXPERTS. THIS SUMMIT, ALONG WITH MANY OTHER MEETINGS, PANEL DISCUSSIONS, SEMINARS, AND OTHER EVENTS THROUGHOUT THE YEAR, PROVIDES A NETWORK FOR THE EXCHANGE OF IDEAS, INFORMATION, AND OPPORTUNITIES. TOPICS OF THESE GATHERINGS INCLUDE BIOTECH, SCIENTIFIC RESEARCH, MEDICAL DEVICES, AND UPCOMING LEGISLATION RELATED TO THE LIFE SCIENCES INDUSTRY. ON AVERAGE, GEORGIA BIOSCIENCES HOSTS APPROXIMATELY 40 PROGRAMS AND EVENTS.

  Expenses $23,772 · Revenue $28,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• CENTER FOR GLOBAL HEALTH INNOVATION INC

  501C3 · GA

Provenance

Return type

form_990

Tax year

2023

Filed

24 July 2025

IRS schema version

2023v6.0

Source object

202502059349301130

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