THE AMERICAN PHILOSOPHICAL ASSOCIATION C/O UNIVERSITY OF DELAWARE

EIN: 510392247 501(c)(3) Health Care

NEWARK, DE

Total Revenue
$1,828,969
Total Expenses
$1,814,916
Total Assets
$7,845,353
Net Assets
$6,967,051
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1900
Legal Domicile
PA
Principal Officer
AMY FERRER
Phone
3028311112
Tax Period
2023-07-01 to 2024-06-30

THE AMERICAN PHILOSOPHICAL ASSOCIATION C/O UNIVERSITY OF DELAWARE, founded in 1900, is a community nonprofit in the Health Care sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Net assets of $7.0M represent 46 months of operating reserves.

Mission

THE AMERICAN PHILOSOPHICAL ASSOCIATION PROMOTES THE DISCIPLINE AND PROFESSION OF PHILOSOPHY, BOTH WITHIN THE ACADEMY AND IN THE PUBLIC ARENA. THE APA SUPPORTS THE PROFESSIONAL DEVELOPMENT OF PHILOSOPHERS AT ALL LEVELS AND WORKS TO FOSTER GREATER UNDERSTANDING AND APPRECIATION OF THE VALUE OF PHILOSOPHICAL INQUIRY. PRINCIPAL ACTIVITIES INCLUDE SCHOLARSHIP, PUBLICATIONS, TEACHING SUPPORT, CAREER DEVELOPMENT, AND ADVOCACY FOR PHILOSOPHY.

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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 $221,502
Program Service Revenue $1,252,091
Investment Income $348,511
Other Revenue $6,865
TOTAL REVENUE $1,828,969

Expense Breakdown

Grants Paid $96,734
Salaries & Benefits $805,227
Fundraising Expenses $55,024
Program Expenses $1,073,344
Other Expenses $912,955
TOTAL EXPENSES $1,814,916

Year-over-Year Comparison

2023 2022 Change
Revenue $1,828,969 $1,424,791 +0.3%
Expenses $1,814,916 $1,569,746 +0.2%
Net Income $14,053 $-144,955 -1.1%
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

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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
29
Independent Members
29
Employees
N/A
Volunteers
250

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
1
$236,453
Total Directors
29
$75,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
R LANIER ANDERSON CHAIR 1.00
Director
$0 $0 $0
RICHARD BETT VICE CHAIR 1.00
Director
$0 $0 $0
MATTHEW O'BRIEN TREASURER 1.00
Director
$0 $0 $0
MARYA SCHECHTMAN CENTRAL DIVISION PRESIDENT 1.00
Director
$0 $0 $0
LISA TESSMAN EASTERN DIVISION PRESIDENT 1.00
Director
$0 $0 $0
MARGARET GILBERT PACIFIC DIVISION PRESIDENT 1.00
Director
$0 $0 $0
LAUREN ASHWELL ACADEMIC CAREER OPPORTUNITIES AND PLACEMENT 1.00
Director
$0 $0 $0
MICHELE MOODY-ADAMS EASTERN DIVISION VICE PRESIDENT 1.00
Director
$0 $0 $0
AMY KIND PACIFIC DIVISION VICE PRESIDENT 10.00
Director
$0 $0 $0
ELIZABETH PURCELL CENTRAL DIVISION SECRETARY 10.00
Director
$20,000 $0 $20,000
ROBERT PASNAU CENTRAL DIVISION VICE PRESIDENT 10.00
Director
$0 $0 $0
REBECCA COPENHAVER PACIFIC DIVISION SECRETARY 10.00
Director
$20,000 $0 $20,000
JANICE DOWELL EASTERN DIVISION REPRESENT 1.00
Director
$0 $0 $0
CLAIR MORRISSEY PACIFIC DIVISION REPRESENT 1.00
Director
$0 $0 $0
JULIA JORATI INCLUSIVENESS IN THE PROFE 1.00
Director
$0 $0 $0
MARTIN PICKAVE INTERNATIONAL COOPERATION 1.00
Director
$0 $0 $0
MARK VAN ROOJEN LECTURES, PUBLICATIONS, AN 1.00
Director
$0 $0 $0
GWEN BRADFORD MEMBER-AT-LARGE 1.00
Director
$0 $0 $0
SARAH STROUD MEMBER-AT-LARGE 1.00
Director
$0 $0 $0
DAVID CHALMERS EASTERN DIVISION PAST PRESIDENT 1.00
Director
$0 $0 $0
SEAN COSTELLO GRADUATE STUDENT COUNCIL 1.00
Director
$0 $0 $0
FRITZ MCDONALD TEACHING OF PHILOSOPHY 1.00
Director
$0 $0 $0
JENNIFER MORTON MEMBER-AT-LARGE 1.00
Director
$0 $0 $0
CONNIE ROSATI CENTRAL DIVISION PAST PRESIDENT 1.00
Director
$0 $0 $0
DEBRA SATZ PACIFIC DIVISION PAST PRESIDENT 1.00
Director
$0 $0 $0
LYNNE TIRRELL STATUS AND FUTURE OF THE P 1.00
Director
$0 $0 $0
RACHEL ZUCKERT CENTRAL DIVISION REPRESENT 1.00
Director
$0 $0 $0
ANDREW CULLISON EASTERN DIVISION SECRETARY 10.00
Director
$25,000 $0 $25,000
CHLOE ARMSTRONG NEW CENTRAL DIVISION SECRETARY 1.00
Director
$10,000 $0 $10,000
AMY FERRER EXECUTIVE DIRECTOR 37.50
Officer
$0 $73,482 $236,453
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 $1,828,969 $1,814,916 $7,845,353 $14,053
2023 $1,424,791 $1,569,746 $7,236,667 $-144,955
2022 $1,692,006 $1,657,850 $6,843,434 $34,156
2021 $1,753,517 $1,225,292 $8,043,006 $528,225
2020 $1,490,448 $1,430,522 $5,905,876 $59,926
2019 $1,678,112 $1,708,555 $5,618,272 $-30,443
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