Bioscience Los Angeles County Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 39% of its spending went to programs.
- Raising each dollar of donations cost 113 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
BIOSCIENCE LOS ANGELES COUNTY OR BIOSCIENCELA WAS FORMED IN 2018 TO CREATE, ENABLE, AND PROMOTE AN ENVIABLE, THRIVING, AND VIBRANT LIFE SCIENCES ECOSYSTEM IN GREATER LOS ANGELES TO PRODUCE ECONOMIC AND SOCIETAL BENEFITS IN THE REGION.
- Income
- $356,182
- Spending
- $1.4 million
- Spent on programs
- 39%
- Reserves
- 1.4 months of spending
- Largest source of income
- fees for its services, 39%
- Employees
- 5
- Volunteers
- 8
- Highest pay
- $209,025, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 26 out of 100. Higher than 4% of charities in its peer group (science, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.4 months of spending.
Debt
16 of 20It owes 17% of what it owns.
Living within its means
0 of 15Spending exceeded income by 295% of income.
Income trend
0 of 15Income fell 60% on the year before.
Spending floor
0 of 1539% of spending went to programs and raising each dollar of donations cost 113 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 86 out of 100. Higher than 75% of charities in its peer group (science, $250k to $1m).
Independent board
25 of 258 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. 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)
- $215,610 spent. REGIONAL ONE-STOP RESOURCE:BIOSCIENCELA WILL SERVE AS AN INDEPENDENT FOCAL POINT FOR CONNECTIVITY TO THE REGION BY EXTERNAL STAKEHOLDERS. BIOSCIENCELA WILL BE A PLACE WHERE PARTIES CAN CONNECT TO THE LOS ANGELES ECOSYSTEM, WHETHER AS CONVENER, CONCIERGE OR VISITOR CENTER. VISITING INVESTORS, COMPANIES,RESEARCHERS, ENTREPRENEURS, DEVELOPERS, VENDORS, AND OTHER ORGANIZATIONS WILL BE ABLE TO FIND INFORMATION AND CONNECT TO RESOURCES VIA BIOSCIENCELA. WE WILL ALSO ASSEMBLE AND HOST MULTI-STAKEHOLDER CONVENINGS THAT ADDRESS STRATEGIC ISSUES, POTENTIAL PARTNERSHIPS, OR NEW OPPORTUNITIES FACING THE INDUSTRY OR THE ECOSYSTEM. BIOSCIENCELA WILL ALSO ACT AS AN INTERFACE BETWEEN LA COUNTY GOVERNMENT'S BIOSCIENCE INITIATIVES AND THE PRIVATE SECTOR.
- $165,266 spent. START-UP ACTIVITY:BIOSCIENCELA WILL DEPLOY SELECTED FUNDS, CAPABILITIES, TALENTS, AND RESOURCES TO ACCELERATE THE PACE OF LOCAL COMMERCIAL LIFE SCIENCES ACTIVITY, FOCUSING ESPECIALLY ON THE GROWTH AND RETENTION OF START-UP COMPANIES. WE WILL DO SO BY SUPPORTING: NEW CAPITAL FORMATION AND DEPLOYMENT TARGETING EARLY-STAGE COMPANIES; NEW COMMERCIAL LAB SPACE; INCUBATING, ACCELERATING AND COWORKING SPACES, AND OTHER INFRASTRUCTURE TO SERVE A CONSTELLATION OF THRIVING RESEARCH HUBS ACROSS THE REGION. BIOSCIENCELA ALSO WILL SUPPORT THE NETWORKING OF LOCAL ENTREPRENEURS, SCIENTISTS, MENTORS, CONSULTANTS, INVESTORS, AND OTHER PROFESSIONALS TO BETTER CONNECT SEASONED TALENT AND COACHING TO EMERGING ENTERPRISES.WORKFORCES ADDITION TO GROWING THE POOL OF EXECUTIVE AND OPERATING TALENT FOR START-UPS, BIOSCIENCELA WILL BETTER ALIGN THE PUBLIC SECTOR'S WORKFORCE INVESTMENTS TO STAKEHOLDER NEEDS. BIOSCIENCELA WILL TAILOR REGIONAL WORKFORCE RESOURCES TO INDUSTRY REQUIREMENTS AND LEVERAGE THOSE RESOURCES WITH PRIVATE FUNDS AND EXPERTISE. BIOSCIENCELA MAY FUND PROGRAMS THAT INCREASE THE STEM PIPELINE, GIVE LOCAL STUDENTS DIRECT EXPOSURE TO ENTREPRENEURSHIP, AND ADD DIVERSITY TO THE LIFE SCIENCES SECTOR.
- $151,522 spent. BRANDING & COMMUNICATIONS: IN PARTNERSHIP WITH OTHER STAKEHOLDERS, BIOSCIENCELA WILL HELP TELL LOS ANGELES' LIFE SCIENCES STORY TO THE WORLD. FROM ITS WORLD-CLASS RESEARCH AND ENTREPRENEURIAL CULTURE TO ITS GROWING COMMERCIAL SUCCESSES, THE REGION WILL INTENTIONALLY BUILD A LIFE SCIENCES BRAND FOR LA AS AN INTERNATIONAL INNOVATION HUB. INVESTMENTS WILL BE MADE IN: DEVELOPING AND COMMUNICATING AN IDENTITY; CELEBRATING NEW DISCOVERIES, ENTREPRENEURS, AND PARTNERSHIPS; AND CALLING OUT THE REGION'S MANY INDIGENOUS LIFE SCIENCE ASSETS ACROSS A LARGE AND DIVERSE GEOGRAPHY.
- $18,284 spent. REGIONAL COLLABORATION:BIOSCIENCELA WILL FACILITATE THE FORMATION AND EXECUTION OF A SHARED VISION, STRATEGY, AND A HIGH LEVEL OF ENGAGEMENT AMONG GOVERNMENT, INDUSTRY, ACADEMIA, START-UPS, AND THE INVESTMENT COMMUNITY OF SOUTHERN CALIFORNIA. WE WILL HELP ESTABLISH A WELL-COALESCED ECOSYSTEM VIA FACILITATION, EVENTS, ENGAGEMENT, AND DELIVERY OF COORDINATING GRANTS, INVESTMENTS, AND INCENTIVES TO LOS ANGELES COUNTY STAKEHOLDERS. WE WILL ENGAGE THE REGION'S FAMILY OFFICES AND ANGEL NETWORKS TO INTEGRATE THEM INTO LIFE SCIENCES INVESTMENT OPPORTUNITIES. WE WILL HELP COMPANIES NAVIGATE THE TECH TRANSFER AND COMMERCIALIZATION PATHWAYS IN THE REGION.BIOSCIENCELA WILL ALSO PARTICIPATE AND REINFORCE EXISTING COLLABORATIONS OF COUNTYWIDE BENEFIT IN SUPPORT OF OUR VALUED STAKEHOLDERS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. 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)(3) charitable organization.
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 October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, 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 August 2019.
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 October 21, 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.