Nonprofit · EIN 47-4851964
LAUNCHBIO INC
Tax-exempt · SAN DIEGO, CA 92121
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $407,511 | $728,030 | -$320,519 | $175,576 | $20,801 | $154,775 |
| December 31, 2024 | 990 (amended) | $812,308 | $534,898 | $277,410 | $499,611 | $24,317 | $475,294 |
| December 31, 2023 | 990 | $703,614 | $663,848 | $39,766 | $409,567 | $180,933 | $228,634 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $369,683
- Program service revenue
- $37,828
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $110,000
- Other salaries and wages
- $10,000
- Salaries, compensation and benefits (total)
- $129,747
- Professional fundraising fees
- $0
- Legal fees
- $7,367
- Accounting fees
- $29,475
- Travel
- $49,957
- Program services (functional)
- $578,703
- Management and general (functional)
- $149,327
Balance sheet and other
- Total assets, start of year
- $499,611
- Total assets, end of year
- $175,576
- Total liabilities, end of year
- $20,801
- Net assets, end of year
- $154,775
- Net assets without donor restrictions
- $39,011
- Net assets with donor restrictions
- $115,764
- Gross receipts
- $407,511
- Employees
- 1
- Volunteers
- 0
- Year formed
- 2015
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BECKY BEATTIE | CEO Officer | 40 | $110,000 |
| MICHAEL HOSTETLER | CHAIR Trustee or director, Officer | 4 | $0 |
| JOHN FREEMAN | TREASURER Trustee or director, Officer | 4 | $0 |
| TIA LYLE-WILLIAMS | SECRETARY Trustee or director, Officer | 4 | $0 |
| KATHLEEN GIBSON | DIRECTOR Trustee or director | 4 | $0 |
| ANTON XAVIER | DIRECTOR Trustee or director | 4 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BECKY BEATTIE | CEO Officer | 40 | $120,000 |
| MICHAEL HOSTETLER | PRESIDENT Trustee or director, Officer | 4 | $0 |
| JOHN FREEMAN | TREASURER Trustee or director, Officer | 4 | $0 |
| TIA WILLIAMS | SECRETARY Trustee or director, Officer | 4 | $0 |
| KATHLEEN GIBSON | DIRECTOR Trustee or director | 4 | $0 |
| ANTON XAVIER | DIRECTOR Trustee or director | 4 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BECKY BEATTIE | CEO Officer | 40 | $99,600 |
| MICHAEL HOSTETLER | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JOHN FREEMAN | TREASURER Trustee or director, Officer | 4 | $0 |
| TIA WILLIAMS | SECRETARY Trustee or director, Officer | 4 | $0 |
| KATHLEEN GIBSON | DIRECTOR Trustee or director | 4 | $0 |
| ANTON XAVIER | DIRECTOR Trustee or director | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 9276 SCRANTON RD STE 500, SAN DIEGO, CA 92121-7707
- In care of
- % BIOINNOVATION
- Mailing address (990-N for 2015)
- 12636 High Bluff Drive Suite 400, San Diego CA 92130
- Principal officer (990 for 2025)
- BECKY BEATTIE, 9276 SCRANTON RD 500, SAN DIEGO, CA 92121
- Principal officer (990-N for 2015)
- Susie Harborth, 12636 High Bluff Drive Suite 400, San Diego CA 92130
- Signed the 990
- BECKY BEATTIE, EXECUTIVE DIRECTOR
- Phone
- (858) 724-2164
- Website
- WWW.LAUNCHBIO.ORG
- Return prepared by
- STEWARD INGRAM & COOPER PLLC
California records
California keeps its own records of charities and corporations. Search them by EIN 47-4851964 or by the name LAUNCHBIO INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
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.
Program accomplishments
- LAUNCHBIO DELIVERS PROGRAMS DESIGNED TO ACCELERATE THE GROWTH AND FUNDING READINESS OF EARLY AND GROWTH-STAGE LIFE SCIENCE COMPANIES ACROSS THE UNITED STATES.Expenses $578,703 · revenue $37,828
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-4851964
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U02)
- Assets (IRS master file)
- $175,576
- Income (IRS master file)
- $407,511
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $407,511 | $728,030 | $175,576 | XML |
| 990 | December 2024 | $812,308 | $534,898 | $499,611 | XML |
| 990 | December 2023 | $703,614 | $663,848 | $409,567 | IRS |
| 990 | December 2022 | $510,742 | $497,496 | $188,917 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: Susie Harborth | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-4851964).
Questions about LAUNCHBIO INC
- What is the EIN of LAUNCHBIO INC?
- The employer identification number (EIN) of LAUNCHBIO INC is 47-4851964.
- Is LAUNCHBIO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to LAUNCHBIO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAUNCHBIO INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LAUNCHBIO INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAUNCHBIO INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LAUNCHBIO INC?
- The 990 for the year ended December 31, 2025 names BECKY BEATTIE.
- Who are the officers and directors of LAUNCHBIO INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $110,000 (BECKY BEATTIE, CEO).
- How much revenue does LAUNCHBIO INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $407,511, expenses of $728,030 and total assets of $175,576 at year end.
Other nonprofits in SAN DIEGO
- FAR AI INC EIN 92-0692207 · last filed 990 for 2024
- J CRAIG VENTER INSTITUTE INC EIN 52-1842938 · last filed 990 for 2024
- SAN DIEGO ASTRONOMY ASSOCIATION FOUNDATION EIN 99-2163812 · last filed 990 for 2025
- SCINTILLON INSTITUTE EIN 45-4323888 · last filed 990 for 2024
- INTERNATIONAL ASSOCIATION FOR SAFE AND ETHICAL ARTIFICIAL EIN 32-0790930 · last filed 990 for 2025
- FOUNDATION FOR ANIMAL CARE ANDEDUCATION EIN 20-5333261 · last filed 990 for 2024
- TREOBYTES INC EIN 46-3992953 · last filed 990 for 2025
- BIOCOM INSTITUTE EIN 26-1852884 · last filed 990 for 2024
All nonprofits in SAN DIEGO · California · Science and technology