Medical Science Liaison Society Inc

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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

2012

Phone

9199049988

Tax Period

2024-01-01 to 2024-12-31

Medical Science Liaison Society Inc, founded in 2012, is a community nonprofit in the Health Care sector that reported $1.2M in total revenue in fiscal year 2024. Expenses of $1.2M left a modest 4% surplus.

Mission

MSLS IS EXCLUSIVELY DEDICATED TO ADVANCING THE GLOBAL MEDICAL SCIENCE LIAISON PROFESSION. THE MSLS OFFICIALLY LAUNCHED THE MEDICAL SCIENCE-LIAISON BOARD CERTIFICATION, ITS FIRST PROFESSIONAL BOARD CERTIFICATION.

Program Service Accomplishments

Program 1

Expenses: $920,214 Revenue: $1,052,585

MSLS TRANSITIONED ITS TRAINING PROGRAMS VIRTUALLY TO ENHANCE AND STREAMLINE ITS TRAINING PROGRAMS. IT ALSO CREATED MULTIPLE STANDARDS OPERATING PROCEDURE FOR VARIOUS COMPANIES. MSLS CONDUCTS A SERIES OF 20 WEEKLY INSIGHT SHOWS THAT INCLUDES DISCUSSION OF ISSUES IMPACTING THE MSL PROFESSION AND MEDICAL AFFAIRS. THESE SHOWS COVER TIPS, TOOLS, AND TECHNIQUES TO ACHIEVE GREATER SUCCESS AND EFFICIENCIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $149,806

Program Service Revenue $1,064,536

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,214,342

Expense Breakdown

Grants Paid $0

Salaries & Benefits $295,990

Fundraising Expenses $0

Program Expenses $920,214

Other Expenses $868,528

TOTAL EXPENSES $1,164,518

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,214,342	$1,245,211	0.0%
Expenses	$1,164,518	$1,361,723	-0.1%
Net Income	$49,824	$-116,512	-1.4%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Reportable Comp	Other Comp	Total
JEFFRY KRAEMER	DIRECTOR	20	$9,360	$0	$9,360
HELIANA SULA	SECRETARY	60	$90,960	$0	$90,960
SAMUEL DYER	CHAIRMAN	80	$90,400	$0	$90,400

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	$1,214,342	$1,164,518	$75,057	$49,824
2023	$1,245,211	$1,361,723	$11,599	$-116,512
2022	$1,103,845	$1,266,743	$85,237	$-162,898
2021	$934,605	$919,304	$242,556	$15,301
2020	$736,931	$626,926	$196,367	$110,005
2019	$825,486	$852,047	$44,618	$-26,561
2018	$658,225	$673,119	$53,745	$-14,894