Tennessee Biotechnology Association
Public records raise at least one point you should look into before giving.
What it says it does
LIFE SCIENCE TENNESSEE IS A STATEWIDE, NON-PROFIT, MEMBER ORGANIZATION WHOSE MISSION IS TO ADVANCE AND GROW THE LIFE SCIENCE INDUSTRY IN TENNESSEE THROUGH ADVOCACY, PARTNERSHIPS AND ALIGNMENT WITH ECONOMIC AND WORKFORCE DEVELOPMENT.
- Income
- $258,278
- Spending
- $318,034
- Employees
- 0
- Volunteers
- 22
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- REPRESENTATIVES ATTEND LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL CONFERENCES, SEMINARS AND MEETINGS TO DISCUSS POLICY ISSUES AND OPPORTUNITIES COMMON TO THE BIOTECHNOLOGY AND MEDTECH INDUSTRY.
- THE ORGANIZATION SPONSORS TWO OR MORE MEMBERSHIP MEETINGS ANNUALLY AT WHICH MEMBERS DISCUSS ISSUES AND OPPORTUNITIES COMMON TO THE BIOTECHNOLOGY AND MEDTECH INDUSTRY.
- THE ORGANIZATION PROVIDES MEMBERS WITH INFORMATION RELEVANT TO THE INDUSTRY THROUGH NEWSLETTERS, ETC. APPROXIMATELY 50 NEWSLETTERS ARE PUBLISHED ANNUALLY. IN ADDITION, LIFE SCIENCE TENNESSEE, INC. OPERATES A MENTOR NETWORK PROGRAM AND LOCAL AND REGIONAL ACADEMIC ALLIANCE EVENTS.
- LIFE SCIENCE TENNESSEE HAS A MISSION TO EDUCATE AND ADVOCATE ON BEHALF OF THE INDUSTRY. ONCE A YEAR, LIFE SCIENCE TENESSEE MEMBERS GATHER ON A SINGLE DAY IN NASHVILLE FOR OUR ANNUAL "DAY ON THE HILL" WHERE MEMBERS MEET ONE-ON-ONE IN THE OFFICES OF STATE LEGISLATORS DISCUSSING THE INDUSTRY, THE OPPORTUNITIES FOR GROWTH OF THE INDUSTRY IN TENNESSEE AS WELL AS POLICY ISSUES OR OPPORTUNITIES THAT ARE IMPORTANT TO INDUSTRY GROWTH. FOR THIS DAY, MATERIALS ARE PRINTED THAT OUTLINE THE LIFE SCIENCE INDUSTRY IN TENNESSEE AND A RECEPTION IS HELD WHERE ALL LEGISLATORS ARE INVITED. IN ADDITION LIFE SCIENCE OF TENNESSEE SPONSORS A A FEDERAL "DAY ON THE HILL".
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2001.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.