American Society for Biochemistry and Molecular Biology Inc

EIN: 526050165 501(c)(3) Science & Technology

Rockville, MD

Total Revenue
$13,920,670
Total Expenses
$12,230,593
Total Assets
$121,882,007
Net Assets
$113,784,519
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1919
Legal Domicile
NY
Principal Officer
MONA V MILLER
Phone
2402836600
Tax Period
2024-01-01 to 2024-12-31

American Society for Biochemistry and Molecular Biology Inc, founded in 1919, is a mid-sized nonprofit in the Science & Technology sector that reported $13.9M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $12.2M left a modest 12% surplus.

Mission

ASBMB builds and empowers a broad community of molecular life scientists to advance discovery.

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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 (2024)

Revenue Breakdown

Contributions & Grants $629,571
Program Service Revenue $5,944,655
Investment Income $7,292,543
Other Revenue $53,901
TOTAL REVENUE $13,920,670

Expense Breakdown

Grants Paid $361,878
Salaries & Benefits $5,404,228
Fundraising Expenses $0
Program Expenses $9,207,313
Other Expenses $6,464,487
TOTAL EXPENSES $12,230,593

Year-over-Year Comparison

2024 2023 Change
Revenue $13,920,670 $10,458,988 +0.3%
Expenses $12,230,593 $12,270,514 0.0%
Net Income $1,690,077 $-1,811,526 -1.9%
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
13
Independent Members
13
Employees
43
Volunteers
1000

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
6
$704,694
Total Directors
13
$84,000
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joan Conaway President 5.00
Officer Director
$0 $0 $0
Ann Stock Past President 3.00
Officer Director
$0 $0 $0
Catherine Drennan Councilor 1.00
Director
$0 $0 $0
Charles Craik Councilor 1.00
Director
$0 $0 $0
Edward Eisenstein Councilor 1.00
Director
$0 $0 $0
Martha Cyert Councilor 1.00
Director
$0 $0 $0
Matthew Gentry Councilor 1.00
Director
$0 $0 $0
Suzanne Barbour Councilor 1.00
Director
$1,000 $0 $1,000
Kayunta Johnson- Winters Councilor 1.00
Director
$2,000 $0 $2,000
Russell DeBose-Boyd Treasurer 3.00
Officer Director
$4,000 $0 $4,000
Joan Broderick Councilor 1.00
Director
$25,000 $0 $25,000
Philip Cole Councilor 1.00
Director
$25,000 $0 $25,000
George Carman Secretary 3.00
Officer Director
$27,000 $0 $27,000
Mona V Miller Chief Executive Offier (From 04/24) 50.00
Officer
$409,909 $25,875 $435,784
Angela Hopp Sr. Dir of Marketing & Communication 37.50
Highest
$242,485 $15,605 $258,090
Stephen Miller Executive Director (Ending 03/24) 37.50
Officer
$224,311 $13,599 $237,910
Isabel Casas Director of Publiations 37.50
Highest
$200,844 $32,060 $232,904
Matthew Hilliker Senior Director of Finance and Administration 37.50
Highest
$191,250 $31,104 $222,354
Wayne Iobst Director of IT 37.50
Highest
$189,077 $28,987 $218,064
Sarina Neote Director of Public Affairs 37.50
Highest
$181,893 $42,804 $224,697
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 $13,920,670 $12,230,593 $121,882,007 $1,690,077
2023 $10,458,988 $12,270,514 $117,161,104 $-1,811,526
2022 $11,809,029 $11,272,042 $110,573,826 $536,987
2021 $17,687,280 $9,201,125 $126,574,647 $8,486,155
2020 $17,995,200 $12,973,048 $117,330,176 $5,022,152
2019 $17,842,186 $14,841,105 $103,728,661 $3,001,081
2018 $19,600,083 $14,941,993 $90,371,869 $4,658,090
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