2026-09-03T14:04:49-05:00 2025-12-31 562195159 STEWARD INGRAM & COOPER PLLC PO BOX 167 MORRISVILLE NC 27560 990 2025-01-01 474851964 LAUNCHBIO INC LAUN 8587242164 9276 SCRANTON RD 500 SAN DIEGO CA 92121 BECKY BEATTIE EXECUTIVE DIRECTOR 8587242164 2026-09-02 1 STEPHANIE B HOLT CPA P01210703 9198720866 2026-09-02 2025 BECKY BEATTIE 9276 SCRANTON RD 500 SAN DIEGO CA 92121 407511 0 X WWW.LAUNCHBIO.ORG X 2015 CA LAUNCHBIO, INC. IS A NONPROFIT ORGANIZATION DEDICATED TO IDENTIFYING, ADVISING, AND SUPPORTING HIGH-GROWTH, HIGH-IMPACT LIFE SCIENCE AND BIOTECHNOLOGY COMPANIES. ITS MISSION IS TO BUILD A NATIONAL ECOSYSTEM OF INNOVATION THAT ADVANCES HUMAN HEALTH AND WELL-BEING BY CONNECTING BIOTECH ENTREPRENEURS WITH CAPITAL, EXPERTISE, AND STRATEGIC PARTNERS. 5 5 1 0 0 0 791789 369683 20519 37828 0 0 0 0 812308 407511 0 0 0 0 180750 129747 0 0 0 354148 598283 534898 728030 277410 -320519 499611 175576 24317 20801 475294 154775 X LAUNCHBIO, INC. IS A NONPROFIT ORGANIZATION DEDICATED TO IDENTIFYING, ADVISING, AND SUPPORTING HIGH-GROWTH, HIGH-IMPACT LIFE SCIENCE AND BIOTECHNOLOGY COMPANIES. ITS MISSION IS TO BUILD A NATIONAL ECOSYSTEM OF INNOVATION THAT ADVANCES HUMAN HEALTH AND WELL-BEING BY CONNECTING BIOTECH ENTREPRENEURS WITH CAPITAL, EXPERTISE, AND STRATEGIC PARTNERS. 0 0 578703 37828 LAUNCHBIO DELIVERS PROGRAMS DESIGNED TO ACCELERATE THE GROWTH AND FUNDING READINESS OF EARLY AND GROWTH-STAGE LIFE SCIENCE COMPANIES ACROSS THE UNITED STATES. 578703 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X THE ORGANIZATION 8587242164 9276 SCRANTON RD 500 SAN DIEGO CA 92121 MICHAEL HOSTETLER CHAIR 4.00 X X 0 0 0 JOHN FREEMAN TREASURER 4.00 X X 0 0 0 TIA LYLE-WILLIAMS SECRETARY 4.00 X X 0 0 0 KATHLEEN GIBSON DIRECTOR 4.00 X 0 0 0 ANTON XAVIER DIRECTOR 4.00 X 0 0 0 BECKY BEATTIE CEO 40.00 X 110000 0 0 110000 0 0 1 0 0 0 0 369683 369683 PROGRAM SERVICE REVENU 541900 33126 33126 EVENT REVENUE 541900 4702 4702 37828 407511 37828 0 0 X 110000 55000 55000 10000 5000 5000 9747 9747 7367 7367 29475 29475 125982 125982 16348 914 15434 30119 6356 23763 49957 47459 2498 66802 66802 3166 443 2723 BUILD TO SCALE PROGRAM 261000 261000 BOOKS AND SUBSCRIPTIONS 7023 7023 MEMBERSHIPS & DUES 1044 1044 728030 578703 149327 0 290076 169160 208127 5008 1408 1408 50000 50000 0 0 499611 175576 24317 20801 24317 20801 X 151586 39011 323708 115764 475294 154775 499611 175576 -320519 0 X 0 1 X 1 0 X 423500 467532 679800 812755 369683 2753270 423500 467532 679800 812755 369683 2753270 1002297 1750973 2 9 14 25 2753295 126379 0.63600 0.65650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50000 50000 0 0 527511 120000 120000 407511 0 407511 848030 120000 120000 728030 0 728030 FORM 990, PART 3, LINE 4A - PROGRAM SERVICE ACCOMPLISHMENTS KEY PROGRAMS INCLUDE: INVESTOR CONNECT A CURATED ONE-ON-ONE MEETING PROGRAM THAT CONNECTS LIFE SCIENCE STARTUPS WITH QUALIFIED INVESTORS, INCLUDING VENTURE CAPITAL, CORPORATE VENTURE, AND FAMILY OFFICES. COMPANIES ARE SELECTED THROUGH A COMPETITIVE PROCESS AND MATCHED BASED ON STAGE, THERAPEUTIC FOCUS, AND CAPITAL NEEDS. IN 2025 WE HOSTED 12 INVESTORS AND CURATED 145 COMPANY INTRODUCTIONS. INVEST IN CURES A NATIONAL RARE DISEASE FUNDING FORUM THAT CONVENES DISEASE FOUNDATIONS, RESEARCHERS, STARTUPS, AND INVESTORS TO EXPLORE INNOVATIVE FUNDING MODELS AND ACCELERATE THERAPEUTIC DEVELOPMENT. IN FEBRUARY 2025, LAUNCHBIO HOSTED INVEST IN CURES IN SAN DIEGO IN COLLABORATION WITH UC SAN DIEGO AND FONDATION IPSEN. THE FORUM BROUGHT TOGETHER 132 REGISTERED ATTENDEES, INCLUDING RESEARCHERS, CLINICIANS, ENTREPRENEURS, AND INVESTMENT PROFESSIONALS. SIX FOUNDATIONS PARTICIPATED, AND 20 EXPERT SPEAKERS AND PANELISTS CONTRIBUTED TO PROGRAMMING FOCUSED ON VENTURE PHILANTHROPY, TRANSLATIONAL RESEARCH, AND COMMERCIALIZATION PATHWAYS. THE EVENT ACHIEVED A 100% SATISFACTION RATING BASED ON POST-EVENT SURVEYS, REFLECTING STRONG ENGAGEMENT AND VALUE FOR ATTENDEES. NEXTGEN VC FORUM A PROGRAM DESIGNED FOR EMERGING VENTURE CAPITAL INVESTORS TO BUILD DOMAIN EXPERTISE AND NETWORKS WITHIN THE LIFE SCIENCE ECOSYSTEM. IN 2025, LAUNCHBIO HOSTED TWO NEXTGEN VC FORUMS IN PALO ALTO, CALIFORNIA AND BOSTON, MASSACHUSETTS, CONVENING APPROXIMATELY 50 INVESTORS AT EACH EVENT. THESE FORUMS PROVIDED EDUCATIONAL PROGRAMMING, PEER LEARNING OPPORTUNITIES, AND CONNECTIONS TO LEADING LIFE SCIENCE INVESTORS AND FOUNDERS. LARGER THAN LIFE SCIENCE (COMMUNITY & EDUCATIONAL EVENTS) LAUNCHBIO HOSTS THE LARGER THAN LIFE SCIENCE SERIES, AN IN-PERSON PROGRAM DESIGNED TO CONNECT LIFE SCIENCE ENTREPRENEURS, INVESTORS, AND INDUSTRY LEADERS THROUGH A COMBINATION OF EDUCATIONAL PROGRAMMING AND HIGH-VALUE NETWORKING OPPORTUNITIES. THESE EVENTS FEATURE EXPERT-LED DISCUSSIONS ON TOPICS SUCH AS FUNDRAISING, REGULATORY STRATEGY, COMPANY BUILDING, AND COMMERCIALIZATION, PAIRED WITH STRUCTURED AND INFORMAL NETWORKING. IN 2025, LAUNCHBIO HOSTED LARGER THAN LIFE SCIENCE EVENTS IN RESEARCH TRIANGLE PARK, NORTH CAROLINA AND SAN DIEGO, CALIFORNIA. EACH EVENT CONVENED APPROXIMATELY 150 ATTENDEES, INCLUDING FOUNDERS, INVESTORS, SCIENTISTS, AND ECOSYSTEM PARTNERS. PROGRAMMING INCLUDED PANEL DISCUSSIONS AND EXPERT INSIGHTS ALONGSIDE FACILITATED NETWORKING DESIGNED TO FOSTER COLLABORATION, KNOWLEDGE EXCHANGE, AND NEW BUSINESS RELATIONSHIPS. THESE EVENTS CONTRIBUTE TO STRENGTHENING REGIONAL LIFE SCIENCE ECOSYSTEMS BY PROVIDING ACCESSIBLE, HIGH-QUALITY CONTENT AND CREATING MEANINGFUL CONNECTIONS ACROSS KEY INNOVATION HUBS. HIVEBIO ACCELERATOR (INCLUSIVE INNOVATION INITIATIVE) LAUNCHBIO SUPPORTED THE LAUNCH AND EXECUTION OF THE INAUGURAL HIVEBIO ACCELERATOR, A FIRST-OF-ITS-KIND PROGRAM DESIGNED TO ADVANCE UNDERREPRESENTED FOUNDERS IN THE LIFE SCIENCES SECTOR. DEVELOPED IN COLLABORATION WITH ECOSYSTEM PARTNERS, THE PROGRAM PROVIDES MENTORSHIP, COMMERCIALIZATION GUIDANCE, AND INVESTOR ENGAGEMENT OPPORTUNITIES TO EARLY-STAGE COMPANIES. THE INAUGURAL COHORT INCLUDED 10 COMPETITIVELY SELECTED STARTUPS LED PRIMARILY BY UNDERREPRESENTED ENTREPRENEURS, INCLUDING FOUNDERS WHO ARE WOMEN, BIPOC, IMMIGRANTS, AND FIRST-GENERATION INNOVATORS. THESE COMPANIES SPAN THERAPEUTICS, MEDICAL DEVICES, DIAGNOSTICS, AND DIGITAL HEALTH, ADDRESSING CRITICAL CHALLENGES ACROSS THE LIFE SCIENCES ECOSYSTEM. PARTICIPANTS ENGAGED IN A STRUCTURED ACCELERATOR EXPERIENCE CULMINATING IN AN INVESTOR SHOWCASE EVENT, WHERE FOUNDERS DELIVERED INVESTOR-READY PITCHES TO A CURATED AUDIENCE OF INVESTORS, INDUSTRY LEADERS, AND COMMUNITY PARTNERS. EARLY OUTCOMES FROM THE PROGRAM DEMONSTRATE STRONG IMPACT: MORE THAN $3.5 MILLION IN CAPITAL RAISED BY COHORT COMPANIES APPROXIMATELY 80% OF PARTICIPATING COMPANIES SUCCESSFULLY SECURED FUNDING DEMONSTRATED RETURN ON PROGRAM SUPPORT, WITH COMPANIES ACHIEVING SIGNIFICANT FUNDRAISING TRACTION RELATIVE TO EARLY-STAGE RESOURCES THE PROGRAM REFLECTS LAUNCHBIO'S COMMITMENT TO EXPANDING ACCESS TO CAPITAL AND OPPORTUNITY, STRENGTHENING PATHWAYS FOR DIVERSE FOUNDERS, AND FOSTERING A MORE INCLUSIVE AND INNOVATIVE LIFE SCIENCE ECOSYSTEM. EDUCATIONAL PROGRAMMING & DIGITAL CONTENT LAUNCHBIO HOSTS EXPERT-LED SESSIONS AND PRODUCES DIGITAL CONTENT FOCUSED ON FUNDRAISING STRATEGY, CAPITAL EFFICIENCY, AND COMMERCIALIZATION PATHWAYS FOR BIOTECH FOUNDERS, REACHING A NATIONAL AUDIENCE. AS PART OF THIS EFFORT, LAUNCHBIO PRODUCES THE NEXTGEN VC PODCAST, WHICH EXTENDS THE ORGANIZATION'S EDUCATIONAL PROGRAMMING TO A BROADER, ON-DEMAND AUDIENCE OF EARLY-CAREER INVESTORS, BIOTECH FOUNDERS, AND OPERATOR-VENTURE PROFESSIONALS. THE PODCAST FEATURES CONVERSATIONS WITH LEADING INVESTORS AND INDUSTRY EXPERTS ON TOPICS INCLUDING VENTURE CAPITAL STRATEGY, BIOTECH INNOVATION, AND COMPANY BUILDING. FROM JANUARY THROUGH MAY 2025, THE PODCAST DEMONSTRATED STEADY GROWTH AND ENGAGEMENT: 1,109 TOTAL PLAYS ACROSS PLATFORMS 769 UNIQUE STREAMS ON SPOTIFY APPROXIMATELY 31% RETURNING LISTENERS 207.7 TOTAL LISTENING HOURS 188 SPOTIFY FOLLOWERS WITH CONSISTENT UPWARD GROWTH AUDIENCE DEMOGRAPHICS SHOW STRONG ALIGNMENT WITH LAUNCHBIO'S TARGET COMMUNITY, WITH THE MAJORITY OF LISTENERS IN THE 2844 AGE RANGE. DISTRIBUTION SPANS MULTIPLE PLATFORMS, WITH THE MAJORITY OF LISTENING OCCURRING ON APPLE PODCASTS (61.5%) AND SPOTIFY (28.4%). PERFORMANCE TRENDS INDICATE INCREASED ENGAGEMENT FOLLOWING THE RELEASE OF HIGH-PROFILE GUEST EPISODES AND PRACTICAL, CAREER-FOCUSED CONTENT. THIS DIGITAL PROGRAMMING ENHANCES LAUNCHBIO'S MISSION BY EXPANDING ACCESS TO EXPERT INSIGHTS, INCREASING VISIBILITY FOR ITS PROGRAMS, AND STRENGTHENING CONNECTIONS ACROSS THE NATIONAL LIFE SCIENCE AND VENTURE ECOSYSTEM. IMPACT: LAUNCHBIO'S IMPACT IS MEASURED BY ITS SUCCESS IN FACILITATING MEANINGFUL CONNECTIONS BETWEEN ENTREPRENEURS AND CAPITAL PROVIDERS, SUPPORTING COMPANY GROWTH, AND STRENGTHENING REGIONAL AND NATIONAL LIFE SCIENCE ECOSYSTEMS THROUGH BOTH IN-PERSON PROGRAMMING AND SCALABLE DIGITAL CONTENT. FORM 990, PART VI, SECTION B, LINE 11B DRAFT OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C LAUNCHBIO'S CONFLICT OF INTEREST POLICY IS LOCATED IN THE ORGANIZATION'S BYLAWS. THE BYLAWS REQUIRE REGULAR AND CONSISTENT DISCLOSURE OF ALL POTENTIAL CONFLICTS IN ADDITION TO COMPLIANCE AND ENFORCEMENT OF THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE CEO IS DETERMINED BY THE BOARD OF DIRECTORS AFTER REVIEW OF COMPENSATION STUDIES. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 RETURNS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 CORPORATE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 1,722. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,722. CONTRACTED STAFF: PROGRAM SERVICE EXPENSES 21,185. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,185. CONTRACTED MARKETING & PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 103,075. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 103,075.