INT'L SOCIETY FOR PHARMACEUTICAL ENGINEERING INC BOSTON AREA CHAPTER

EIN: 043159964

WALTHAM, MA

Total Revenue
$1,497,601
Total Expenses
$1,568,497
Total Assets
$2,063,008
Net Assets
$2,063,008
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
MA
Principal Officer
KATHRYN MARINI
Phone
7816474773
Tax Period
2023-01-01 to 2023-12-31

INT'L SOCIETY FOR PHARMACEUTICAL ENGINEERING INC BOSTON AREA CHAPTER, founded in 1992, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year.

Mission

THE ISPE BOSTON AREA CHAPTER IS DEDICATED TO ADVANCING THE BIOPHARMACEUTICAL, PHARMACEUTICAL, AND MEDICAL DEVICE INDUSTRIES IN NEW ENGLAND. WE DO THIS BY PROVIDING A FUN AND INCLUSIVE FORUM FOR EDUCATION, INNOVATION, COLLABORATION AND NETWORKING ACROSS ALL ORGANIZATIONS AND PROFESSIONS WITHIN THE NEW ENGLAND-AREA LIFE SCIENCES ECOSYSTEM. WE ARE PASSIONATE ABOUT OUR MEMBERS AND THEIR CONTRIBUTION TO DELIVERING LIFE CHANGING THERAPIES AND PRODUCTS TO PATIENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,448,035
Investment Income $49,566
Other Revenue $0
TOTAL REVENUE $1,497,601

Expense Breakdown

Grants Paid $70,000
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,498,497
TOTAL EXPENSES $1,568,497

Year-over-Year Comparison

2023 2022 Change
Revenue $1,497,601 $1,844,176 -0.2%
Expenses $1,568,497 $1,285,599 +0.2%
Net Income $-70,896 $558,577 -1.1%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHRYN MARINI PRESIDENT N/A
Officer
$0 $0 $0
JESSE MCLAUGHLIN VICE PRESIDE N/A
Officer
$0 $0 $0
LINDSEY DANIEL SECRETARY N/A
Director
$0 $0 $0
JANELLE CARRETERO TREASURER N/A
Director
$0 $0 $0
MICHAEL LEVESQUE PAST PRESIDE N/A
Director
$0 $0 $0
CAREN JENKINS DIRECTOR N/A
Director
$0 $0 $0
JOHN GANLEY DIRECTOR N/A
Director
$0 $0 $0
GEORGE SKILLIN DIRECTOR N/A
Director
$0 $0 $0
SUNNY TAM DIRECTOR N/A
Director
$0 $0 $0
HEATHER LONGDEN DIRECTOR N/A
Director
$0 $0 $0
KRISTIN DANGELO DIRECTOR N/A
Director
$0 $0 $0
ENI ADEDOKUN EL-WADI DIRECTOR N/A
Director
$0 $0 $0
LAURA BERBERIAN DIRECTOR N/A
Director
$0 $0 $0
AARON HUBBELL DIRECTOR N/A
Director
$0 $0 $0
YOLANDA MCLEAN DIRECTOR N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,497,601 $1,568,497 $2,063,008 $-70,896
2022 $1,844,176 $1,285,599 $2,133,903 $558,577
2021 $683,732 $836,790 $1,575,326 $-153,058
2020 $374,713 $494,844 $1,728,384 $-120,131
2019 $1,516,200 $1,066,686 $1,848,515 $449,514
2018 $1,273,669 $992,371 $1,399,001 $281,298
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