SOCIETY OF SENSORY PROFESSIONALS

🔒

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

2008

Legal Domicile

Principal Officer

AMY HOPE

Phone

6514547250

Tax Period

2024-01-01 to 2024-12-31

SOCIETY OF SENSORY PROFESSIONALS, founded in 2008, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $546K in total revenue in fiscal year 2024. Revenue surged 554% from the prior year, signaling strong growth momentum. Expenses of $493K left a modest 10% surplus.

Mission

TO ADVANCE THE FIELD OF SENSORY EVAULATION, INCLUDING CONSUMER RESEARCH, AND THE ROLE/WORK OF SENSORY PROFESSIONALS FOR THE PURPOSE OF EDUCATING ITS MEMBERS.

Program Service Accomplishments

Program 1

Expenses: $343,485 Revenue: $485,823

ANNUAL MEETINGS PROVIDE INTERACTION AND TRAINING OF 400 MEMBERS AND NONMEMBER ATTENDEES IN THE SENSORY PROFESSIONAL INDUSTRY.

Program 2

Expenses: $67,745 Revenue: $43,396

MEMBERSHIP AND PUBLICATIONS - JOURNALS PROVIDED FOR THE EDUCATION OF MEMBERS.

🔒

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 $2,030

Program Service Revenue $529,219

Investment Income $15,221

Other Revenue $0

TOTAL REVENUE $546,470

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $0

Fundraising Expenses $40

Program Expenses $411,230

Other Expenses $491,232

TOTAL EXPENSES $492,732

Year-over-Year Comparison

	2024	2023	Change
Revenue	$546,470	$83,540	+5.5%
Expenses	$492,732	$132,585	+2.7%
Net Income	$53,738	$-49,045	-2.1%

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

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
RATAPOL TERETANAVAT	CO-CHAIR	2.00	Officer Director	$0	$0	$0
KRISTINE WILKE	CO-CHAIR	2.00	Officer Director	$0	$0	$0
STELLA SALISU HICKMAN	TREASURER	2.00	Officer Director	$0	$0	$0
KAREN GRAVES	INTERNAL COMMUNICATIONS CH	2.00	Officer Director	$0	$0	$0
ALISA DOAN	STRATEGIC PLANNING AND NOM	2.00	Director	$0	$0	$0
CARLA CONRAD	PROFESSIONAL DEVELEOPMENT	2.00	Director	$0	$0	$0
VICTORIA COUTINO	GLOBAL OUTREACH MEMBER-AT-	2.00	Director	$0	$0	$0
MICHELLE NIEDZIELA	SCIENTIFIC MEMBER-AT-LARGE	2.00	Director	$0	$0	$0
AMY HOPE	EXECUTIVE VP	8.00	Officer	$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	$546,470	$492,732	$547,718	$53,738
2023	$83,540	$132,585	$480,840	$-49,045
2022	$472,914	$388,148	$495,943	$84,766
2021	$75,022	$119,496	$494,503	$-44,474
2020	$250,948	$220,744	$495,220	$30,204
2019	$65,721	$93,158	$472,833	$-27,437
2018	$482,696	$416,678	$453,143	$66,018