AMERICAN DAIRY SCIENCE ASSOCIATION… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1906

Legal Domicile

Principal Officer

MICHAEL VANDEHAAR

Phone

2173565146

Tax Period

2024-01-01 to 2024-12-31

AMERICAN DAIRY SCIENCE ASSOCIATION INC, founded in 1906, is a community nonprofit that reported $5.3M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Net assets of $19.0M represent 43 months of operating reserves.

Mission

THE AMERICAN DAIRY SCIENCE ASSOCIATION PROMOTES THE CREATION, DISSEMINATION, AND EXCHANGE OF SCIENTIFIC AND TECHNICAL KNOWLEDGE TO IMPROVE AND SUSTAIN THE GLOBAL DAIRY SECTOR, TO THE BENEFIT OF HUMANKIND.

Program Service Accomplishments

Program 1

Expenses: $1,085,888 Revenue: $986,918

FASS ASSISTS IN PUBLISHING SCIENTIFIC JOURNALS, PRODUCES SCIENTIFIC CONFERENCES, AND PROVIDES MEMBERSHIP AND FINANCIAL LIAISON FOR OTHER 501(C)(3) SCIENTIFIC ORGANIZATIONS (OR SIMILAR ORGANIZATIONS...

Program 2

Expenses: $1,484,209 Revenue: $1,966,800

JOURNAL OF DAIRY SCIENCE: MONTHLY PUBLICATION TO INFORM AND UPDATE MEMBERS REGARDING RESEARCH AND OTHER PERTINENT INFORMATION RELATED TO DAIRY SCIENCE.

Program 3

Expenses: $1,043,133 Revenue: $845,583

ANNUAL MEETING: PROVIDED A FORUM FOR THE EXCHANGE, DISCUSSION, AND DISSEMINATION OF INFORMATION AND IDEAS RELATED TO DAIRY SCIENCE.DISCOVER CONFERENCES:HOSTED TWO ADSA DISCOVER CONFERENCES DESIGNED TO PROVIDE A FORMAT AND VENUE THAT ENCOURAGES IN-DEPTH DISCUSSION OF CUTTING-EDGE SCIENCE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $172,349

Program Service Revenue $3,990,132

Investment Income $1,030,361

Other Revenue $126,411

TOTAL REVENUE $5,319,253

Expense Breakdown

Grants Paid $35,350

Salaries & Benefits $2,710,431

Fundraising Expenses $0

Program Expenses $4,024,541

Other Expenses $2,522,820

TOTAL EXPENSES $5,268,601

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,319,253	$4,541,711	+0.2%
Expenses	$5,268,601	$4,888,600	+0.1%
Net Income	$50,652	$-346,889	-1.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

253

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

$249,000

Total Directors

$264,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FEDERICO HARTE	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL VANDEHAAR	PRESIDENT	1.00	Officer Director	$0	$0	$0
NORMAND ST-PIERRE	PAST PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
LAURA COLBY	DIRECTOR	1.00	Director	$0	$0	$0
DAVID EVERETT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
STEPHEN LEBLANC	DIRECTOR	1.00	Director	$7,500	$0	$7,500
RANI GOVINDASAMY-LUCEY	DIRECTOR	1.00	Director	$1,500	$0	$1,500
PHIL CARDOSO	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE MARTIN	DIRECTOR	1.00	Director	$6,000	$0	$6,000
ALBERT DE VRIES	TREASURER	1.00	Officer Director	$0	$0	$0
PAUL KONONOFF	EDITOR-IN-CHIEF	1.00	Officer Director	$18,000	$0	$18,000
JERRY BOWMAN	EXECUTIVE DIRECTOR	40.00	Officer Director	$220,000	$11,000	$231,000
MICHELLE RHOADS	DIRECTOR	1.00	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	$5,319,253	$5,268,601	$20,342,232	$50,652
2023	$4,541,711	$4,888,600	$18,710,530	$-346,889
2022	$3,218,500	$3,294,056	$16,579,385	$-75,556
2021	$4,182,704	$2,962,181	$19,130,373	$1,220,523
2020	$2,727,006	$2,869,691	$16,919,940	$-142,685
2019	$3,480,822	$3,113,692	$15,380,384	$367,130
2018	$3,520,516	$3,097,462	$13,309,015	$423,054

AMERICAN DAIRY SCIENCE ASSOCIATION INC