Association of Clinical Research P… - 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

1980

Legal Domicile

Principal Officer

SUSAN P LANDIS

Phone

7032548100

Tax Period

2023-01-01 to 2023-12-31

Association of Clinical Research Professionals, founded in 1980, is a community nonprofit in the Health Care sector that reported $8.1M in total revenue in fiscal year 2023.

Mission

ACRP PROMOTES EXCELLENCE IN CLINICAL RESEARCH. WE SUPPORT CLINICAL RESEARCH PROFESSIONALS THROUGH TRAINING AND DEVELOPMENT, THE EXCHANGE OF IDEAS AND EXPERTISE, AND CERTIFICATION. WE SERVE AS THE PREFERRED SOURCE FOR QUALITY TOOLS, RESOURCES, AND BEST PRACTICES FOR CLINICAL RESEARCH PROFESSIONALS, AND WE CHAMPION THE INTERESTS AND PERSPECTIVES OF THE CLINICAL RESEARCH COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $1,139,810 Revenue: $1,397,210

EDUCATION - PROVIDE TRAINING AND DEVELOPMENT FOR CLINICAL RESEARCH PROFESSIONALS WORLDWIDE.

Program 2

Expenses: $990,562 Revenue: $1,214,258

CERTIFICATION - EXAMS DESIGNED TO VALIDATE THE SKILLS AND KNOWLEDGE OF CLINICAL RESEARCH PROFESSIONALS.

Program 3

Expenses: $1,236,604 Revenue: $1,255,987

PROFESSIONAL DEVELOPMENT - HELP CLINICAL RESEARCH ORGANIZATIONS OVERCOME CHALLENGES IN TALENT RECRUITMENT, STAFF DEVELOPMENT, AND BRAND EXPOSURE WITH INDUSTRY-LEADING SOLUTIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $562,989

Program Service Revenue $6,275,625

Investment Income $130,603

Other Revenue $1,144,425

TOTAL REVENUE $8,113,642

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,616,710

Fundraising Expenses $0

Program Expenses $5,552,781

Other Expenses $4,277,911

TOTAL EXPENSES $7,894,621

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,113,642	$8,006,192	+0.0%
Expenses	$7,894,621	$6,893,760	+0.1%
Net Income	$219,021	$1,112,432	-0.8%

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

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

$422,289

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Susan Landis	EXECUTIVE DIRECTOR	40.0	Officer	$370,865	$51,424	$422,289
Dawn Barnes-Davis	VP, Business Development	40.0	Highest	$385,739	$15,076	$400,815
Jeremy Glunt	Head of Strategy & Engagement	40.0	Highest	$178,197	$42,329	$220,526
Tammy Myers	VP, Business Development	40.0	Highest	$164,041	$26,679	$190,720
Phillip Green	Sr. Director of Finance	40.0	Highest	$150,233	$30,149	$180,382
Bridget Diane Gonzales	Director, Training & PROF DEV	40.0	Highest	$139,576	$14,392	$153,968
David Morin	Immediate Past Chair	1.0	Officer Director	$0	$0	$0
Christine Senn	Chair	1.0	Officer Director	$0	$0	$0
Elisa Cascade	Vice Chair	1.0	Officer Director	$0	$0	$0
Mo Ali	Treasurer	1.0	Officer Director	$0	$0	$0
Christina Brennan	Trustee	1.0	Director	$0	$0	$0
Jennifer Byrne	Trustee	1.0	Director	$0	$0	$0
Sassan Azad	Trustee	1.0	Director	$0	$0	$0
Deborah Driscoll	Trustee	1.0	Director	$0	$0	$0
Tiffany Mayo	Trustee	1.0	Director	$0	$0	$0
Sergio Armani	Trustee	1.0	Director	$0	$0	$0
Catherine Shuster	Trustee	1.0	Director	$0	$0	$0
R'Kes Starling	Trustee	1.0	Director	$0	$0	$0
Leslie Byatt	Trustee	1.0	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	$8,113,642	$7,894,621	$5,466,971	$219,021
2022	$8,006,192	$6,893,760	$5,680,490	$1,112,432
2021	$7,337,070	$6,750,460	$5,720,735	$586,610
2020	$5,609,460	$5,733,894	$5,244,361	$-124,434
2019	$6,980,878	$7,203,595	$5,429,919	$-222,717
2018	$6,323,148	$6,740,434	$5,384,214	$-417,286

Association of Clinical Research Professionals