AMERICAN BOARD OF FORENSIC TOXICOLOGY INC

EIN: 521094589

Colorado Springs, CO

Total Revenue
$207,623
Total Expenses
$193,684
Total Assets
$407,858
Net Assets
$407,858
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
CO
Principal Officer
Bruce A Goldberger PhD
Phone
7193620452
Tax Period
2022-07-01 to 2023-06-30

AMERICAN BOARD OF FORENSIC TOXICOLOGY INC, founded in 1975, is a small nonprofit that reported $208K in total revenue in fiscal year 2022. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $194K left a modest 7% surplus.

Mission

The mission of the American Board of Forensic Toxicology, Inc. is to establish and enhance voluntary standards for the practice of forensic toxicology and for the examination and recognition of scientists and laboratories providing forensic toxicology services.

Program Service Accomplishments

Program 1
Expenses: $132,476 Revenue: $79,621

The need to identify qualified forensic scientists who can provide essential professional services for the nation's judicial and executive branches of government has long been recognized. In response...

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The need to identify qualified forensic scientists who can provide essential professional services for the nation's judicial and executive branches of government has long been recognized. In response to the professional needs, the ABFT was organized. In 1975 to provide, in the interest of the public and the advancement of the sciences, a certification program in forensic toxicology, in purpose, function and organization, the ABFT is analogous to the certifying board in various medical specialties and scientific fields.

Program 2
Expenses: $26,837 Revenue: $118,500

Laboratory accreditation program for forensic toxicology laboratories involved in postmortem toxicology and/or human performance testing (including, but not limited to, driving under the influence of...

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Laboratory accreditation program for forensic toxicology laboratories involved in postmortem toxicology and/or human performance testing (including, but not limited to, driving under the influence of Drugs (DUID and drug facilitated crime (DCF)). The standards were based, in part, on the SOFT/AAFS Toxicology Section Forensic Laboratory Guidelines, the defacto standards that were first published in 1991 and then adopted in 2013, having been periodically updated since 1996. The first laboratory accredited by ABFT in 1997 was the State of Maryland Office of the Chief Medical Examiner Toxicology Laboratory. Since 1997, an additional 43 laboratories have been accredited.

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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 $0
Program Service Revenue $198,121
Investment Income $9,502
Other Revenue $0
TOTAL REVENUE $207,623

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $159,313
Other Expenses $193,684
TOTAL EXPENSES $193,684

Year-over-Year Comparison

2022 2021 Change
Revenue $207,623 $155,819 +0.3%
Expenses $193,684 $146,696 +0.3%
Net Income $13,939 $9,123 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bruce A Goldberger PhD President 5
Officer Director
$0 $0 $0
Daniel Isenschmid PhD Vice President 5
Officer Director
$0 $0 $0
Robert Sears MS Secretary 5
Officer Director
$0 $0 $0
Dan Anderson MS Treasurer 5
Officer Director
$0 $0 $0
Yale Caplan PhD Director 5
Director
$0 $0 $0
W Mark Fondren MS Director 5
Director
$0 $0 $0
Demi Garvin PharmD Director 5
Director
$0 $0 $0
Amanda Jenkins PhD Director 5
Director
$0 $0 $0
Graham Jones PhD Director 5
Director
$0 $0 $0
Robert Middleberg PhD Director 5
Director
$0 $0 $0
Marina Stijic PhD Director 5
Director
$0 $0 $0
Dani Mata Director 5
Director
$0 $0 $0
Diane Boland Director 5
Director
$0 $0 $0
Nicholas Tiscione MS Director 5
Director
$0 $0 $0
Diane Moore Director 5
Director
$0 $0 $0
Dayong Lee Director 5
Director
$0 $0 $0
Carrie Kirkton Director 5
Director
$0 $0 $0
William Johnson Director 5
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
2023 $207,623 $193,684 $407,858 $13,939
2019 $174,170 $152,592 $383,096 $21,578
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