PLASMA PROTEIN THERAPEUTICS ASSOC

EIN: 521800187

ANNAPOLIS, MD

Total Revenue
$14,975,704
Total Expenses
$16,177,207
Total Assets
$12,791,836
Net Assets
$8,054,583
🔒

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
1992
Legal Domicile
MD
Principal Officer
EUGENE STROSHANE
Phone
4434584676
Tax Period
2024-01-01 to 2024-12-31

PLASMA PROTEIN THERAPEUTICS ASSOC, founded in 1992, is a mid-sized nonprofit that reported $15.0M in total revenue in fiscal year 2024.

Mission

PPTA DRIVES BROAD AND RELIABLE ACCESS TO HIGH-QUALITY PLASMA PROTEIN THERAPIES, WITH A FOCUS ON THE WELL-BEING OF PATIENTS AND PLASMA DONORS.

Program Service Accomplishments

Program 1

AS A TRUSTED PARTNER TO HEALTH SYSTEMS, PPTA DRIVES BROAD AND RELIABLE ACCESS TO HIGH-QUALITY PLASMA PROTEIN THERAPIES, WITH A FOCUS ON THE WELL- BEING OF PATIENTS AND PLASMA DONORS. THE PLASMA...

Read more

AS A TRUSTED PARTNER TO HEALTH SYSTEMS, PPTA DRIVES BROAD AND RELIABLE ACCESS TO HIGH-QUALITY PLASMA PROTEIN THERAPIES, WITH A FOCUS ON THE WELL- BEING OF PATIENTS AND PLASMA DONORS. THE PLASMA PROTEIN THERAPEUTICS ASSOCIATION (PPTA) REPRESENTS A UNIQUE SECTOR OF THE BIOLOGICS AND BIOTECHNOLOGY INDUSTRY. PPTA REPRESENTS MORE THAN 1,000 HUMAN PLASMA COLLECTION CENTERS IN NORTH AMERICA AND EUROPE, AS WELL AS THE MANUFACTURERS OF LIFESAVING PLASMA PROTEIN THERAPIES. OUR MEMBERS PRODUCE APPROXIMATELY 80% OF THE PLASMA PROTEIN THERAPIES IN THE U.S. AND 60% OF THOSE MANUFACTURED IN EUROPE. PPTA WORKS GLOBALLY TO ADVOCATE FOR PATIENT ACCESS TO PLASMA-DERIVED MEDICINES, RESPONSIBLY IMPROVE THE AVAILABILITY OF PLASMA, AND ADVANCE THE UNDERSTANDING OF THE PLASMA ECOSYSTEM: -PROMOTE CLINICIAN AUTHORITY AND PATIENT PARTICIPATION IN TREATMENT DECISIONS -PURSUE REIMBURSEMENT MODELS RECOGNIZING THE UNIQUE NATURE OF PLASMA PROTEIN THERAPIES -SHAPE DECISIONS OF AUTHORITIES TO IMPROVE PLASMA PROTEIN THERAPY AVAILABILITY -FORAGE PARTNERSHIPS THAT SUPPORT PATIENT-FOCUSED INITIATIVES -ADVOCATE FOR GLOBAL SUFFICIENCY OF PLASMA -PIONEER PLASMA SAFETY AND MANUFACTURING QUALITY AND SUPPORT DONOR WELL- BEING -DRIVE PROGRESSIVE POLICIES FOR PLASMA COLLECTIONS -ENCOURAGE PLASMA DONATION, GLOBALLY -GENERATE AND PROMOTE EVIDENCE-BASED INFORMATION ABOUT PLASMA -EXPLAIN THE IMPORTANCE, UNIQUE NATURE, AND VALUE OF PLASMA PROTEIN THERAPIES PLASMA AND PLASMA COLLECTION: PLASMA IS THE CLEAR, STRAW-COLORED LIQUID PORTION OF BLOOD THAT REMAINS AFTER RED BLOOD CELLS, WHITE BLOOD CELLS, PLATELETS AND OTHER CELLULAR COMPONENTS ARE REMOVED. IT IS THE SINGLE LARGEST COMPONENT OF HUMAN BLOOD, COMPRISING ABOUT 55 PERCENT, AND CONTAINS WATER, SALTS, ENZYMES, ANTIBODIES AND OTHER PROTEINS. -COMPOSED OF 90% WATER, PLASMA IS A TRANSPORTING MEDIUM FOR CELLS AND A VARIETY OF SUBSTANCES VITAL TO THE HUMAN BODY. -PLASMA CARRIES OUT A VARIETY OF FUNCTIONS IN THE BODY, INCLUDING CLOTTING BLOOD, FIGHTING DISEASES AND OTHER CRITICAL FUNCTIONS. -SOURCE PLASMA IS PLASMA THAT IS COLLECTED FROM HEALTHY, VOLUNTARY DONORS THROUGH A PROCESS CALLED PLASMAPHERESIS AND IS USED EXCLUSIVELY FOR FURTHER MANUFACTURING INTO FINAL THERAPIES (FRACTIONATION). SOURCE PLASMA DONORS MAY BE COMPENSATED FOR THEIR TIME AND EFFORT. -RECOVERED PLASMA IS COLLECTED THROUGH WHOLE BLOOD DONATION IN WHICH PLASMA IS SEPARATED FROM ITS CELLULAR COMPONENTS. RECOVERED PLASMA MAY BE USED FOR FRACTIONATION. SOURCE PLASMA IS COLLECTED THROUGH A PROCESS CALLED PLASMAPHERESIS. IN MORE THAN 1,000 SPECIALIZED DONATION CENTERS LOCATED IN THE U.S. AND EUROPE, INDIVIDUALS MAY DONATE PLASMA. PLASMAPHERESIS IS A STERILE, SELF-CONTAINED, AUTOMATED PROCESS THAT SEPARATES PLASMA FROM RED BLOOD CELLS AND OTHER CELLULAR COMPONENTS WHICH ARE THEN RETURNED TO THE DONOR. SOURCE PLASMA COLLECTION IN THE U.S. IS REGULATED BY THE U.S. FOOD AND DRUG ADMINISTRATION (FDA) AND, IN EUROPE, BY THE EUROPEAN MEDICINES AGENCY (EMA) AND NATIONAL REGULATORY AUTHORITIES. PLASMA MANUFACTURING: SOURCE AND RECOVERED PLASMA IS THE STARTING MATERIAL USED TO MANUFACTURE LIFESAVING THERAPIES. THE MANUFACTURING PROCESS IS KNOWN AS FRACTIONATION. PROTEINS ARE SEPARATED THROUGH THIS PROCESS TO CREATE NUMEROUS PLASMA PROTEIN THERAPIES. THIS PROCESS IS CARRIED OUT USING WELL-ESTABLISHED PURIFICATION METHODS SUCH AS PRECIPITATION, CENTRIFUGATION, SEPARATION, AND FILTRATION. PLASMA IS POOLED AND PROCESSED THROUGH A PROCESS CALLED "FRACTIONATION" THAT EMPLOYS TIME, TEMPERATURE, PH, AND ALCOHOL CONCENTRATIONS TO EXTRACT SPECIFIC THERAPEUTIC PROTEINS. THESE ARE THEN SUBJECTED TO VARIOUS PURIFICATION METHODS AND VIRAL INACTIVATION AND REMOVAL PROCESSES TO FURTHER ENSURE THEIR SAFETY AND EFFICACY. PREPARING A THERAPY OFTEN TAKES FROM 7-12 MONTHS BETWEEN DONATION AND FINAL PRODUCT RELEASE. THIS SETS THE PRODUCTION OF PLASMA PROTEIN THERAPIES APART FROM CHEMICAL PHARMACEUTICALS AND OTHER BIOLOGICS WHOSE MANUFACTURING PROCESSES ARE MUCH MORE CONDENSED AND WHOSE DIRECT MANUFACTURING COSTS ARE A SIGNIFICANTLY SMALLER PORTION OF THE OVERALL COST. VOLUNTARY STANDARDS: IN ADDITION TO MEETING REGULATORY REQUIREMENTS, PPTA MEMBER SOURCE PLASMA COLLECTION CENTERS ARE ALSO CERTIFIED BY THE INTERNATIONAL QUALITY PLASMA PROGRAM (IQPP); A RIGOROUS, VOLUNTARY PROGRAM THAT GOES BEYOND REGULATORY REQUIREMENTS TO HELP ENSURE DONOR SAFETY AND FURTHER IMPROVE THE QUALITY OF SOURCE PLASMA USED FOR FRACTIONATION. THESE STANDARDS FOCUS ON DONOR MANAGEMENT, DONOR HEALTH AND CENTER MANAGEMENT: -COMMUNITY-BASED DONORS -DONOR ADVERSE EVENTS REPORTING -DONOR EDUCATION -DONOR FLUID ADMINISTRATION -DONOR DEFERRAL REGISTRY -QUALIFIED DONOR -VIRAL MARKER -CENTER PERSONNEL EDUCATION AND TRAINING -PROFESSIONAL FACILITY -QUALITY ASSURANCE PPTA HAS ALSO ESTABLISHED THE QUALITY STANDARDS OF EXCELLENCE AND LEADERSHIP (QSEAL) PROGRAM TO PROVIDE INDEPENDENT CERTIFICATION OF ADHERENCE BY FRACTIONATORS TO THE VOLUNTARY STANDARDS. THESE VOLUNTARY STANDARDS COVER: -CONTROLS ON INCOMING PLASMA -INVENTORY HOLD -TESTING FOR HIV, HBV, HCV, HAV AND PARVOVIRUS B19 -INTERMEDIATES PURCHASED FROM AN EXTERNAL SUPPLIER -RECOVERED PLASMA -QUALIFIED DONOR -VIRAL MARKER NATIONAL DONOR DEFERRAL REGISTRY: THE NATIONAL DONOR DEFERRAL REGISTRY (NDDR) HELPS ENSURE THAT DEFERRED DONORS CANNOT DONATE THEIR PLASMA AGAIN. THE NDDR IS A DATABASE OF PERMANENTLY DEFERRED PLASMA DONORS IN NORTH AMERICA. IT IS ONE OF MANY VOLUNTARY, SELF-REGULATING INITIATIVES TAKEN BY THE SOURCE PLASMA COLLECTION INDUSTRY AND IS AN IMPORTANT COMPONENT OF THE INDUSTRY-DRIVEN SAFETY MEASURES THAT HELP ENSURE THE SAFETY OF THE FINAL THERAPIES. PATIENT NOTIFICATION SYSTEM: IN 1998, THE PLASMA PROTEIN THERAPEUTICS ASSOCIATION (PPTA) AND ITS MEMBERS COLLABORATED WITH PATIENT ORGANIZATIONS TO DEVELOP THE PATIENT NOTIFICATION SYSTEM (PNS). THIS SYSTEM PROVIDES REGISTERED PATIENTS WITH EASILY ACCESSIBLE, COMPREHENSIVE, AND UP-TO-DATE WITH INFORMATION ABOUT ALL BRANDS OF IMMUNE GLOBULINS, BLOOD CLOTTING FACTORS, ALPHA-1 PROTEINASE INHIBITORS, AND OTHER LIFESAVING PLASMA PROTEIN THERAPIES. MAINTAINING REGISTRANT CONFIDENTIALITY IS A PRIMARY CONSIDERATION. TO ENSURE CONFIDENTIALITY, THE PATIENT NOTIFICATION SYSTEM IS OPERATED AN INDEPENDENT VENDOR THAT SPECIALIZES IN PHARMACEUTICAL NOTIFICATIONS. ALL REGISTRANTS, PATIENTS, PHYSICIANS, FAMILY MEMBERS, NURSES, OR PHARMACISTS, ARE GUARANTEED THAT THEIR INFORMATION IS NEVER SHARED NOR IS IT ACCESSIBLE BY ANYONE OTHER THAN THE THIRD-PARTY COMPANY THAT HOUSES THE COMPUTERS TO RUN THE SYSTEM AND SEND THE NOTIFICATIONS.

🔒

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 $0
Program Service Revenue $14,778,521
Investment Income $197,183
Other Revenue $0
TOTAL REVENUE $14,975,704

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,068,696
Fundraising Expenses $0
Other Expenses $10,108,511
TOTAL EXPENSES $16,177,207

Year-over-Year Comparison

2024 2023 Change
Revenue $14,975,704 $15,001,344 0.0%
Expenses $16,177,207 $14,444,061 +0.1%
Net Income $-1,201,503 $557,283 -3.2%
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
3
Independent Members
3
Employees
25
Volunteers
3

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
2
$1,099,813
Total Directors
3
$0
Key Employees
2
$799,309
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANITA BRIKMAN PRESIDENT & 40.00
Officer
$701,055 $63,685 $764,740
JOSHUA PENROD SR VP GLOBAL 40.00
Key Emp
$508,697 $42,721 $551,418
JULIE BIRKOFER SR VP N. AME 40.00
$499,302 $38,682 $537,984
WILLIAM SPEIR SR DIR STATE 40.00
Highest
$294,322 $55,430 $349,752
EUGENE STROSHANE VP FINANCE 40.00
Officer
$276,206 $58,867 $335,073
JAMES KNOWLES SR DIR GLOB. 40.00
Key Emp
$216,308 $31,583 $247,891
MICHAEL MCCORMICK DIR IT & FAC 40.00
Highest
$199,353 $47,196 $246,549
THOMAS LILBURN SR. DIR GOVT 40.00
Highest
$187,574 $34,835 $222,409
DANIEL SEATON DIR PUBLIC A 40.00
Highest
$187,719 $21,705 $209,424
ILANA OSTRIN SR DIR. GLOB 40.00
Highest
$174,536 $14,383 $188,919
DAVID BELL GLOBAL BOARD 1.00
Director
$0 $0 $0
PAOLO MARCUCCI GLOBAL TREAS 1.00
Director
$0 $0 $0
GILES PLATFORD GLOBAL CHAIR 1.00
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
2024 $14,975,704 $16,177,207 $12,791,836 $-1,201,503
2023 $15,001,344 $14,444,061 $12,157,727 $557,283
2022 $16,106,524 $13,065,775 $10,684,709 $3,040,749
2021 $13,003,501 $14,517,854 $7,828,244 $-1,514,353
2020 $12,381,256 $11,287,811 $9,829,180 $1,093,445
2019 $13,365,635 $12,558,079 $9,097,478 $807,556
2018 $12,691,109 $13,667,383 $8,009,116 $-976,274
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PLASMA PROTEIN THERAPEUTICS ASSOC with other nonprofits in Maryland and across the country.