SOCIETY FOR CLINICAL DATA MANAGEME… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Phone

7036518188

Tax Period

2021-01-01 to 2021-12-31

SOCIETY FOR CLINICAL DATA MANAGEMENT INC, founded in 1994, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2021. Revenue surged 61% from the prior year, signaling strong growth momentum.

Mission

THE PURPOSES OF THE SOCIETY ARE: TO ADVANCE THE DISCIPLINE OF CLINICAL DATAMANAGEMENT AS A PROFESSION; TO SUPPORT EDUCATIONAL OPPORTUNITIES TO IMPROVE SKILLSAND SPECIALIZED KNOWLEDGE FOR THE DISCIPLINE OF CLINICAL DATA MANAGEMENT;TO ADVANCE PROFESSIONALISM WITHIN THE DISCIPLINE OF CLINICAL DATA MANAGEMENT BYPROVIDING AN ENVIRONMENT FOR EXCHANGE OF INFORMATION AND EXPERIENCE; TO ENHANCECOMMUNICATION BETWEEN PROFESSIONAL GROUPS INVOLVED WITH CLINICAL DATA MANAGEMENT;TOPROMOTE STANDARDS OF GOOD CLINICAL PRACTICE WITHIN CLINICAL DATA MANAGEMENT.

Program Service Accomplishments

Program 1

THE SOCIETY'S ANNUAL CONFERENCE IS THE WORLD'S LARGEST EDUCATION EVENT FOR CLINICALDATA MANAGERS AND RELATED PROFESSIONALS, ATTRACTING APPROXIMATELY 850 ATTENDEES FROMACROSS NORTH AMERICAN AND AROUND THE WORLD. THE CONFERENCE FEATURES VARIOUSEDUCATIONAL SESSIONS, EXHIBITS AND NETWORKING EVENTS.

Program 2

THE SOCIETY OFFERS A FULL RANGE OF EDUCATIONAL OPPORTUNITIES FOR THE PROFESSIONALDEVELOPMENT OF CDMS AND ASSISTANCE IN PREPARING FOR THE CCDM CERTIFICATION EXAM. IN2019 THE SOCIETY OFFERED 12...

THE SOCIETY OFFERS A FULL RANGE OF EDUCATIONAL OPPORTUNITIES FOR THE PROFESSIONALDEVELOPMENT OF CDMS AND ASSISTANCE IN PREPARING FOR THE CCDM CERTIFICATION EXAM. IN2019 THE SOCIETY OFFERED 12 WEBINARS AND 10 ON-LINE COURSES WITH 597 PARTICIPANTS.

Program 3

THE GOOD CLINICAL DATA MANAGEMENT PRACTICES (GCDMP) GUIDE PROVIDES ASSISTANCE TOCLINICAL DATA MANAGERS IN THEIR IMPLEMENTATION OF HIGH QUALITY CLINICAL DATAMANAGEMENT PROCESSES AND IS USED AS A...

THE GOOD CLINICAL DATA MANAGEMENT PRACTICES (GCDMP) GUIDE PROVIDES ASSISTANCE TOCLINICAL DATA MANAGERS IN THEIR IMPLEMENTATION OF HIGH QUALITY CLINICAL DATAMANAGEMENT PROCESSES AND IS USED AS A REFERENCE TOOL FOR CLINICAL DATA MANAGERS WHENPREPARING FOR CDM TRAINING AND EDUCATION. THE GCDMP IS AVAILABLE TO ITS MEMBERSHIPOF MORE THAN 2,400 MEMBERS (ON AVERAGE) AND FOR PURCHASE BY NON-MEMBERS.

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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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,534,922

Investment Income $691

Other Revenue $16,037

TOTAL REVENUE $1,551,650

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,579,583

TOTAL EXPENSES $1,579,583

Year-over-Year Comparison

	2021	2020	Change
Revenue	$1,551,650	$966,607	+0.6%
Expenses	$1,579,583	$1,504,780	+0.0%
Net Income	$-27,933	$-538,173	-0.9%

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

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sanjay Bhardwaj	Chairman	5.00	Officer Director	$0	$0	$0
Michael Goedde	Past Chair	5.00	Officer Director	$0	$0	$0
Mayank Anand	Vice Chair	5.00	Officer Director	$0	$0	$0
Jonathan R Andrus	Treasurer	5.00	Officer Director	$0	$0	$0
Deepak Kallubundi	Secretary	5.00	Officer Director	$0	$0	$0
Amy Neubauer	Trustee	5.00	Director	$0	$0	$0
Carol Shaffer	Trustee	2.00	Director	$0	$0	$0
Reza Rostami	Trustee	2.00	Director	$0	$0	$0
Meredith Zozus	Trustee	2.00	Director	$0	$0	$0
Anita Shen	Trustee	2.00	Director	$0	$0	$0
Peter Stokman	Director	2.00	Director	$0	$0	$0
Maria Angeline Craze	Trustee	2.00	Director	$0	$0	$0
Richard Ittenbach	Trustee	2.00	Director	$0	$0	$0
Arshad Mohammed	Trustee	2.00	Director	$0	$0	$0
Patrick Nadolny	Trustee	2.00	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
2021	$1,551,650	$1,579,583	$1,572,211	$-27,933
2020	$966,607	$1,504,780	$1,424,692	$-538,173

SOCIETY FOR CLINICAL DATA MANAGEMENT INC