College of American Pathologists

EIN: 362118323

NORTHFIELD, IL

Total Revenue
$299,521,204
Total Expenses
$298,542,457
Total Assets
$400,517,732
Net Assets
$132,134,260
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
IL
Phone
8478327000
Tax Period
2024-01-01 to 2024-12-31

College of American Pathologists, founded in 1947, is a major nonprofit that reported $299.5M in total revenue in fiscal year 2024.

Mission

THE COLLEGE OF AMERICAN PATHOLOGISTS (CAP), THE LEADING ORGANIZATION OF BOARD-CERTIFIED PATHOLOGISTS, SERVES PATIENTS, PATHOLOGISTS & THE PUBLIC BY FOSTERING & ADVOCATING EXCELLENCE IN THE PRACTICE OF PATHOLOGY & LABORATORY MEDICINE WORLDWIDE.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

PROFICIENCY TESTING AND EXTERNAL QUALITY ASSESSMENT PROGRAMS - ARE THE COLLEGE OF AMERICAN PATHOLOGISTS COLLECTIVE OF PROFICIENCY TESTING (PT) AND EXTERNAL QUALITY ASSESSMENT (EQA) PROGRAMS DESIGNED...

Read more

PROFICIENCY TESTING AND EXTERNAL QUALITY ASSESSMENT PROGRAMS - ARE THE COLLEGE OF AMERICAN PATHOLOGISTS COLLECTIVE OF PROFICIENCY TESTING (PT) AND EXTERNAL QUALITY ASSESSMENT (EQA) PROGRAMS DESIGNED FOR LABORATORIES TO MEET REGULATORY REQUIREMENTS AND PROVIDE A COMPREHENSIVE VIEW OF THEIR LABORATORY QUALITY PROCESS. THE CAP PROVIDES THE MOST EXTENSIVE OFFERING OF INNOVATIVE AND SCIENTIFICALLY DEVELOPED PT/EQA PROGRAMS WITH OVER 700 PROGRAMS ACROSS 16 DISCIPLINES. THESE PROGRAMS ARE DEVELOPED AND SUPPORTED BY OVER 500 EXPERTS IN LABORATORY MEDICINE ACROSS 29 CAP SCIENTIFIC COMMITTEES. THESE EXPERTS SPEND COUNTLESS HOURS MONITORING TESTING TRENDS TO KEEP THE CAP OFFERING CONTEMPORARY AND RELEVANT AS WELL AS PROVIDE PEER-REVIEWED CE AND CME TO INCREASE AND SHARPEN ENROLLEE'S SKILLS. THE CAP HELPS SUPPORT LABORATORY PROFESSIONALS WORLDWIDE DELIVER ACCURATE TEST RESULTS FOR BETTER PATIENT OUTCOMES. OVER 23,000 LABORATORY SITES IN 110 COUNTRIES PARTICIPATE IN CAP'S PROFICIENCY TESTING/EQA PROGRAMS.

Program 2
Expenses: $0 Revenue: $0

LABORATORY ACCREDITATION - THE CAP LABORATORY ACCREDITATION PROGRAM IS AN INTERNATIONALLY RECOGNIZED PROGRAM BASED ON THE CAP LABORATORY ACCREDITATION STANDARDS. OUR STANDARDS ARE SUPPORTED BY...

Read more

LABORATORY ACCREDITATION - THE CAP LABORATORY ACCREDITATION PROGRAM IS AN INTERNATIONALLY RECOGNIZED PROGRAM BASED ON THE CAP LABORATORY ACCREDITATION STANDARDS. OUR STANDARDS ARE SUPPORTED BY APPROXIMATELY 2,800 CHECKLIST REQUIREMENTS WHERE A SIGNFICANT PORTION OF OUR REQUIREMENTS EXCEED THE REQUIREMENTS OF THE CENTERS FOR MEDICARE AND MEDICAID SERVICES (CMS), AS WELL AS THOSE OF OTHER NATIONAL AND STATE REGULATORY BODIES. THE LABORATORY ACCREDITATION PROGRAM USES A COMPREHENSIVE APPROACH TO INCORPORATE COMPLIANCE ASSESSMENT AND PROCESS IMPROVEMENT AS AN ONGOING COLLABORATION BETWEEN CAP AND LABORATORY STAFF TO PROMOTE OPTIMAL PERFORMANCE. THE CAP'S ACCREDITATION EXPERTISE PROMOTES CONTINUOUS QUALITY IMPROVEMENT, ENABLING THE LABORATORY TO PROVIDE THE HIGHEST AVAILABLE LEVEL OF PATIENT CARE AND ENSURE PATIENT SAFETY.

Program 3
Expenses: $0 Revenue: $0

LEARNING - THE CAP IS THE LEADING RESOURCE FOR INFORMATION AND EDUCATION IN THE PRACTICE AND SCIENCE OF PATHOLOGY AND LABORATORY MEDICINE. LEADING MEDICAL AND SCIENTIFIC EXPERTS DEVELOP THE LEARNING...

Read more

LEARNING - THE CAP IS THE LEADING RESOURCE FOR INFORMATION AND EDUCATION IN THE PRACTICE AND SCIENCE OF PATHOLOGY AND LABORATORY MEDICINE. LEADING MEDICAL AND SCIENTIFIC EXPERTS DEVELOP THE LEARNING CONTENT ON STANDARDS, BEST PRACTICES, AND INNOVATION IN TEST SELECTION, DISEASE DIAGNOSIS, AND PATIENT THERAPIES. THE CAP OFFERS MORE THAN 580 COURSES ACROSS 50 SPECIALTY AND PROFESSIONAL TOPIC AREAS TO HELP MEMBERS AND LABORATORY PROFESSIONALS STAY UP TO DATE, LEARN NEW SKILLS, MEET THEIR CONTINUING CERTIFICATION (CC) REQUIREMENTS, AND MANAGE THEIR BUSINESSES. THE CAP CONTINUES TO PROVIDE EDUCATION PROGRAMS THAT BUILD AND MAINTAIN THE COMPETENCIES OF PATHOLOGISTS AND LABORATORY PROFESSIONALS. THIS INCLUDES IN-DEPTH PROGAMS THAT ALLOW PATHOLOGISTS TO DEVELOP KNOWLEDGE AND SKILL IN SPECIFIC AREAS OF PRACTICE SUCH AS LABORATORY MEDICAL MANAGEMENT. AS WELL AS THE COMPETENCY ASSESSMENT HUB (CAH) WHICH PRESENTS OPPORTUNITIES FOR LABORATORY PROFESSIONALS TO TEST THEIR KNOWLEDGE IN 11 DIFFERENT LABORATORY DISCIPLINES AS WELL AS LAB SPECIFIC SAFETY AN COMPLIANCE COURSES. THE CAH HELPS THE LABORATORY SATISFY CLIA REQUIREMENTS. EDUCATION COURSES ARE AVAILABLE IN A VARIETY OF ENGAGING AND INTERACTIVE FORMATS, INCLUDING LIVE WORKSHOPS, ONLINE COURSES, AUDIO AND WEB CONFERENCES, CASE BASED EDUCATION. EDUCATION IS RESPONSIBLE FOR DEVELOPING AND COORDINATING OVER 390 CME COURSES AVAILABLE VIA THESE VARIOUS FORMATS ON AN ANNUAL BASIS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,375,919
Program Service Revenue $287,125,243
Investment Income $9,849,627
Other Revenue $170,415
TOTAL REVENUE $299,521,204

Expense Breakdown

Grants Paid $551,800
Salaries & Benefits $124,953,175
Fundraising Expenses $0
Program Expenses $0
Other Expenses $173,037,482
TOTAL EXPENSES $298,542,457

Year-over-Year Comparison

2024 2023 Change
Revenue $299,521,204 $282,877,980 +0.1%
Expenses $298,542,457 $283,411,184 +0.1%
Net Income $978,747 $-533,204 -2.8%
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

Sign In

Governance

Voting Members
19
Independent Members
17
Employees
829
Volunteers
10900

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
7
$2,571,290
Total Directors
22
$312,027
Key Employees
8
$3,497,523
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alfred Wray Campbell MD MBA FCAP Secretary-Treasurer 16.0
Officer Director
$4,618 $0 $4,618
Donald S Karcher MD FCAP President 30.0
Officer Director
$146,879 $0 $146,879
Qihui Jim Zhai MD FCAP President-Elect 20.0
Officer Director
$112,481 $0 $112,481
Ashley Gochoco DO Chair, Resident Forum (start 10/19/24) 12.0
Director
$2,686 $0 $2,686
Assad Joe Saad MD FCAP Governor 12.0
Director
$3,879 $0 $3,879
Bharati Suketu Jhaveri MD FCAP President, CAP Foundation (start 10/19/24) 12.0
Director
$0 $0 $0
Bobbi S Pritt MD FCAP Governor 12.0
Director
$923 $0 $923
Bradley S Karon PhD MD FCAP Governor 12.0
Director
$0 $0 $0
C Leilani Valdes MD FCAP Governor (term 10/19/24) 12.0
Director
$1,150 $0 $1,150
Diana Marcella Cardona MD MBA FCAP Governor 12.0
Director
$2,190 $0 $2,190
Earle S Collum MD FACP Governor 12.0
Director
$1,636 $0 $1,636
Guillermo G Martinez-Torrez MD FCAP Governor 12.0
Director
$5,701 $0 $5,701
Joel T Moncur PhD MD MS FCAP GOVERNOR (start 10/19/24) 12.0
Director
$1,627 $0 $1,627
Kalisha Ashara Hill MD MBA FCAP GOVERNOR 12.0
Director
$3,579 $0 $3,579
Marilyn M Bui PhD MD FCAP Vice Speaker 8.0
Director
$2,379 $0 $2,379
Matthew R Foster MD MMM FCAP Governor (start 10/19/24) 12.0
Director
$0 $0 $0
ME DOC DE BACA MD FCAP Governor 12.0
Director
$7,147 $0 $7,147
Rebecca L Johnson MD FCAP Governor 12.0
Director
$4,674 $0 $4,674
Richard M Scanlan MD FCAP Governor (Term 10/19) 12.0
Director
$4,017 $0 $4,017
Ritu Nayar MD MBBS FCAP Governor 12.0
Director
$3,395 $0 $3,395
Sang Wu MD FCAP Speaker, HOD 8.0
Director
$1,108 $0 $1,108
Swati Bhardwaj MD MBBS Chair, Residents Forum Executive Committee (term 10/19/24) 8.0
Director
$1,958 $0 $1,958
Akshay Patel SVP & Chief Operating Officer 40.0
Officer
$384,420 $46,013 $430,433
Michael Fraser CEO (Start 03/24) 40.0
Officer
$562,548 $23,769 $586,317
Name redacted for privacy VP, Finance (TERM 07/2024) 40.0
Officer
$673,668 $12,213 $685,881
Stephen Myers CEO (Term 04/24) 40.0
Officer
$573,241 $31,440 $604,681
Ann Neumann VP, CAP Learning (TERM 08/2024) 40.0
Key Emp
$315,844 $25,253 $341,097
Geoffrey Jaroch VP, Membership & Professional Development (TERM 09/2024) 40.0
Key Emp
$433,374 $25,793 $459,167
Jennifer Dahmm VP, Operations/Shared Services & Purchasing 40.0
Key Emp
$362,298 $45,988 $408,286
Kristin McDonald VP, Advocacy & Policy 40.0
Key Emp
$329,987 $34,185 $364,172
Kristina Schwartz VP, Education and Publications 40.0
Key Emp
$257,827 $43,875 $301,702
Mary de Sousa SVP, Sales & Marketing (Term 09/24) 40.0
Key Emp
$733,559 $26,387 $759,946
William Groskopf SVP, Laboratory Quality Solutions 40.0
Key Emp
$417,765 $49,231 $466,996
Winifred Williams PhD Chief of Staff 40.0
Key Emp
$359,746 $36,411 $396,157
Mary Katherine Krause VP, Communications (TERM 09/2024) 40.0
Highest
$470,802 $22,998 $493,800
Michael Giuliani Sr Dir, Legislation & Pol Act 40.0
Highest
$332,087 $42,503 $374,590
Pamela Yazdani Sr Dir, Economic & Reg Affairs 40.0
Highest
$374,706 $40,794 $415,500
Robert McGonnagle SR. DIR PUBLISHER CAP TODAY 40.0
Highest
$325,252 $43,506 $368,758
Timothy Bragg VP, Enterprise Strategy & Global Marketing(TERM 09/2024) 40.0
Highest
$441,074 $24,300 $465,374
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 $299,521,204 $298,542,457 $400,517,732 $978,747
2023 $282,877,980 $283,411,184 $377,694,505 $-533,204
2022 $267,500,979 $262,626,603 $357,465,696 $4,874,376
2021 $258,610,900 $237,432,908 $361,908,272 $21,177,992
2020 $239,429,535 $220,197,970 $316,931,770 $19,231,565
2019 $235,905,746 $228,951,187 $278,309,783 $6,954,559
2018 $224,887,913 $222,788,669 $240,799,734 $2,099,244
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare College of American Pathologists with other nonprofits in Illinois and across the country.