GEORGIA BIOSCIENCES ORGANIZATION INC Charity Report

Public IRS 990 nonprofit record

GEORGIA BIOSCIENCES ORGANIZATION INC

EIN 27-3855537 · Chambers of Commerce & Business Leagues (S41)

What they do

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 GEORGIAS LEADERSHIP IN BIOTECHNOLOGY, MEDICAL TECHNOLOGY, and BIOMANUFACTURING.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

38.15%of revenue went to mission work81.3% of expenses · Program services

0.15%of revenue went to fundraising0.3% of expenses

$90.65spent for every $100 of revenueRevenue covered expenses this year.

8.65%of revenue went to management and office costs18.4% of expenses

$0.27in assets for every $1 spent this yearSome assets cannot be spent right away.

25.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $48,462 for MARIA THACKER GOETHE MPH (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$249,253

Mission workProgram services$95,08938.15% of revenue81.3% of expenses

ManagementOffice and general costs$21,5598.65% of revenue18.4% of expenses

FundraisingAsking for donations$3710.15% of revenue0.3% of expenses

Revenue left after expensesReported annual surplus$132,23453.05% of revenueShown in gray on the chart

Total expenses$117,01946.95% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$1,667,338

Expenses$1,511,410

Annual surplus $155,928 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$95,089 · 6.3% of expenses

Management and office costs$21,559 · 1.4% of expenses

Fundraising$371 · 0.0% of expenses

See all reported dollar amounts

Revenue$1,667,338

Expenses$1,511,410

Assets$405,363

Income$1,667,338

Contributions$418,274

Mission work (program services)$95,089

Fundraising$371

Grants given$464,318

Average grant$232,159

Accounting fees$15,724

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARIA THACKER GOETHE MPHPRESIDENT/CEO · 40 hrs/week $48,462

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

MARIA THACKER GOETHE MPHPRESIDENT/CEO

AVI ROBBINSGOVERNANCE CHAIR

BILL WARRENDIRECTOR

CHRISTOPHER MCKINNEYDIRECTOR

CINDY EDGEDIRECTOR

DAVE PENAKEVICE CHAIRMAN

E JANE CARAWAYDIRECTOR

EDDIE LAIDIRECTOR

HEATHER MULLINSDIRECTOR

JAYNE MORGANDIRECTOR

MARCUS DOWNSDIRECTOR

MARK BOUZYKDIRECTOR

MARY ALBERTSONDIRECTOR

SHAY FOLEYDIRECTOR

STEVEN DAMONBOARD CHAIRMAN

About this charity

Recognized since: January 2011
Location: 8607 ROBERTS DR STE 250, SANDY SPRINGS, GA 30350-2237
County: DeKalb
In care of: % MARIA THACKER GOETHE
Primary officer: MARIA THACKER GOETHE, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(404) 221-0617

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CROWE LLP
NTEE classification: Chambers of Commerce & Business Leagues (S41)
IRS tax category: Chambers of Commerce & Business Leagues
Grant-giving organization: Yes