ASSOCIATION OF PATHOLOGY CHAIRS INC

EIN: 237006166 501(c)(3) Diseases & Disorders

WILMINGTON, DE

Total Revenue
$1,459,674
Total Expenses
$1,481,280
Total Assets
$1,628,888
Net Assets
$1,182,898
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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
1967
Legal Domicile
MD
Principal Officer
PRISCILLA MARKWOOD CAE
Phone
3026604945
Tax Period
2023-01-01 to 2023-12-31

ASSOCIATION OF PATHOLOGY CHAIRS INC, founded in 1967, is a community nonprofit in the Diseases & Disorders sector that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

PROMOTES EXCELLENCE IN ACADEMIC DEPARTMENTS OF PATHOLOGY IN THE US, CANADA, AND PUERTO RICO.

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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 $117,640
Program Service Revenue $980,973
Investment Income $89,913
Other Revenue $271,148
TOTAL REVENUE $1,459,674

Expense Breakdown

Grants Paid $0
Salaries & Benefits $592,278
Fundraising Expenses $14,166
Program Expenses $754,140
Other Expenses $889,002
TOTAL EXPENSES $1,481,280

Year-over-Year Comparison

2023 2022 Change
Revenue $1,459,674 $1,260,951 +0.2%
Expenses $1,481,280 $1,323,746 +0.1%
Net Income $-21,606 $-62,795 -0.7%
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

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Governance

Voting Members
12
Independent Members
12
Employees
8
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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMYN ROJIANI MD PHD 2021-2024 CHAIR LEADERSHIP D & D 1.00
Director
$0 $0 $0
DAVID BAILEY MD 2023-2025 CHAIR SR FELLOWS 1.00
Director
$0 $0 $0
DOUGLAS MILLER MD PHD 2021-2024 CHAIR GME 1.00
Director
$0 $0 $0
MERCE JORDA MD PHD MBA 2023-2026 CHAIR PRACTICE & MGMT 1.00
Director
$0 $0 $0
STEVEN KROFT MD 2022-2025 CHAIR ADVOCACY 1.00
Director
$0 $0 $0
NITIN KARANDIKAR MD PHD 2023-2026 CHAIR RESEARCH 1.00
Director
$0 $0 $0
JENNIFER HUNT MD 2022-2024 INTERIM COUNCILOR-AT-LARGE 1.00
Director
$0 $0 $0
VALERIE FITZHUGH MD 2022-2025 CHAIR UMEC 1.00
Director
$0 $0 $0
EYAS HATTAB MD MBA SEP 2023-JUL 202 CHAIR GME 1.00
Director
$0 $0 $0
DANI ZANDER MD 2023-2024 PAST PRESIDENT 1.00
Officer
$0 $0 $0
CHEN LIU MD PHD 2023-2024 PRESIDENT-ELECT 2.00
Officer
$0 $0 $0
JENNIFER BACCON MD PHD 2022-2025 SECRETARY-TREASURER 2.00
Officer
$0 $0 $0
MICHAEL LAPOSATA MD PHD 2023-2024 PRESIDENT 4.00
Officer
$0 $0 $0
PRISCILLA MARKWOOD EXECUTIVE DIRECTOR 40.00
Highest
$180,868 $8,617 $189,485
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $1,459,674 $1,481,280 $1,628,888 $-21,606
2022 $1,260,951 $1,323,746 $1,897,252 $-62,795
2021 $986,725 $789,289 $2,155,491 $197,436
2020 $692,922 $738,523 $1,739,506 $-45,601
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