Society for Applied Spectroscopy Inc

EIN: 256067341 501(c)(3) Education

New Market, MD

Total Revenue
$496,669
Total Expenses
$545,814
Total Assets
$645,969
Net Assets
$515,423
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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
1958
Legal Domicile
MD
Phone
3016948122
Tax Period
2022-01-01 to 2022-12-31

Society for Applied Spectroscopy Inc, founded in 1958, is a small nonprofit in the Education sector that reported $497K in total revenue in fiscal year 2022.

Mission

To advance and disseminate knowledge and information concerning the art and science of spectroscopy and other allied sciences, to advance the professional standing and growth of the Society and its members, to coordinate cooperative endeavors of its individual members and sections,and to promote and maintain a close bond among its 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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $5,156
Program Service Revenue $473,136
Investment Income $13,340
Other Revenue $5,037
TOTAL REVENUE $496,669

Expense Breakdown

Grants Paid $0
Salaries & Benefits $166,411
Fundraising Expenses $0
Program Expenses $489,513
Other Expenses $379,403
TOTAL EXPENSES $545,814

Year-over-Year Comparison

2022 2021 Change
Revenue $496,669 $516,942 0.0%
Expenses $545,814 $496,255 +0.1%
Net Income $-49,145 $20,687 -3.4%
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
15
Independent Members
15
Employees
2
Volunteers
30

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
6
$121,205
Total Directors
15
$0
Key Employees
1
$121,205
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrew Whitley President 2.00
Officer Director
$0 $0 $0
Ian Lewis Secretary 2.00
Officer Director
$0 $0 $0
Diane Parry Ashley Treasurer 2.00
Officer Director
$0 $0 $0
Sharon Neal Director 1.00
Director
$0 $0 $0
Michael Epstein Director 1.00
Director
$0 $0 $0
Yukihiro Ozaki Director 1.00
Director
$0 $0 $0
Luisa T M Profeta Director 1.00
Director
$0 $0 $0
Rina Dukor Director 1.00
Director
$0 $0 $0
Gloria Story Director 1.00
Director
$0 $0 $0
Michael George Director 1.00
Director
$0 $0 $0
Brooke Kammrath Director 1.00
Director
$0 $0 $0
Karen Esmonde-White Director 1.00
Director
$0 $0 $0
Karin Wieland Director 1.00
Director
$0 $0 $0
Bonnie Saylor Executive Director 40.00
Officer Key Emp Highest
$121,205 $0 $121,205
Peter Larkin President elect 1.00
Officer Director
$0 $0 $0
Karl Bookish Past President 1.00
Officer 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
2022 $496,669 $545,814 $645,969 $-49,145
2021 $516,942 $496,255 $726,849 $20,687
2020 $532,632 $471,487 $684,495 $61,145
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