PHARMACEUTICAL MANAGEMENT SCIENCE ASSOC

EIN: 521589882 Community Improvement

FRANKFORT, KY

Total Revenue
$1,463,413
Total Expenses
$1,138,394
Total Assets
$1,294,345
Net Assets
$1,213,355
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
CO
Principal Officer
STEPHANIE CZUHAJEWSKI
Phone
8598999130
Tax Period
2023-07-01 to 2024-06-30

PHARMACEUTICAL MANAGEMENT SCIENCE ASSOC, founded in 1977, is a community nonprofit in the Community Improvement sector that reported $1.5M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $325K, a strong 22% operating margin.

Mission

THE PHARMACEUTICAL MANAGEMENT SCIENCE ASSOCIATION (PMSA) IS DEDICATED TO RAISING AWARENESS AND PROMOTING THE USE OF MANAGEMENT SCIENCE IN THE PHARMACEUTICAL INDUSTRY. TO ACCOMPLISH THIS MISSION, PMSA WORKS TO:

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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 $0
Program Service Revenue $1,463,413
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,463,413

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,138,394
Other Expenses $1,138,394
TOTAL EXPENSES $1,138,394

Year-over-Year Comparison

2023 2022 Change
Revenue $1,463,413 $1,626,966 -0.1%
Expenses $1,138,394 $1,226,570 -0.1%
Net Income $325,019 $400,396 -0.2%
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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IGOR RUDYCHEV PRESIDENT 1.00
Officer Director
$0 $0 $0
NURAY YURT VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
NATHAN WANG TREASURER / SECRETARY 1.00
Officer Director
$0 $0 $0
VISHAL CHAUDHARY EXECUTIVE ADVISORY COUNCIL 1.00
Director
$0 $0 $0
JING JIN MARKETING CHAIR 1.00
Director
$0 $0 $0
MEHUL SHAH PROF. DEVELOPMENT CHAIR 1.00
Director
$0 $0 $0
ADITYA ARABOLU RESEARCH & EDUCATION CHAIR 1.00
Director
$0 $0 $0
TATIANA SOROKINA DIGITAL ENGAGEMENT CHAIR 1.00
Director
$0 $0 $0
SRIHARI JAGANATHAN PROGRAM COMMITTEE CHAIR 1.00
Director
$0 $0 $0
NADIA TANTSYURA GLOBAL SUMMIT CHAIR 1.00
Director
$0 $0 $0
STEPHANIE CZUHAJEWSKI EXECUTIVE DIRECTOR 5.00
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
2025 No data No data No data No data
2024 $1,463,413 $1,138,394 $1,294,345 $325,019
2023 $1,626,966 $1,226,570 $972,313 $400,396
2022 $700,628 $591,541 $534,373 $109,087
2021 $67,395 $221,327 $434,485 $-153,932
2020 $494,052 $414,237 $556,275 $79,815
2019 $931,309 $858,988 $476,460 $72,321
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