SOCIETY FOR IN VITRO BIOLOGY

EIN: 560844407 501(c)(3) Social Science

MILLERSVILLE, MD

Total Revenue
$592,214
Total Expenses
$663,647
Total Assets
$577,784
Net Assets
$519,154
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
MD
Principal Officer
PIERLUIGI BARONE
Phone
9107555431
Tax Period
2024-01-01 to 2024-12-31

SOCIETY FOR IN VITRO BIOLOGY, founded in 1995, is a small nonprofit in the Social Science sector that reported $592K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $664K exceeded revenue, resulting in a 12% operating deficit.

Mission

SIVB FOSTERS THE SCIENTIFIC AND TECHNICAL GROWTH OF ITS MEMBERS, CONDUCTS BIOTECHNOLOGY RESEARCH TO UNDERSTAND BIOLOGY AT THE CELLULAR AND DEVELOPMENTAL LEVEL, AND PROMOTES EXPANDS, AND SUPPORTS THE SCIENTIFIC KNOWLEDGE BASE FOR THE BENEFIT OF SOCIETY.

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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 $250,457
Program Service Revenue $304,742
Investment Income $19,497
Other Revenue $17,518
TOTAL REVENUE $592,214

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $587,358
Other Expenses $663,647
TOTAL EXPENSES $663,647

Year-over-Year Comparison

2024 2023 Change
Revenue $592,214 $457,167 +0.3%
Expenses $663,647 $516,612 +0.3%
Net Income $-71,433 $-59,445 +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
12
Independent Members
12
Employees
N/A
Volunteers
14

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
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADDY ALT-HOLLAND PAST PRESIDE N/A
Officer Director
$0 $0 $0
FREDY ALTPETER VICE PRESIDE N/A
Officer Director
$0 $0 $0
PIERLUIGI BARONE PRESIDENT N/A
Officer Director
$0 $0 $0
MAE CIANCIO SECRETARY N/A
Officer Director
$0 $0 $0
VIVIAN R DAYEH MEMBER AT LA N/A
Director
$0 $0 $0
BARBARA DOONAN TREASURER N/A
Officer Director
$0 $0 $0
MICHAEL J FAY PRESIDENT-EL N/A
Officer Director
$0 $0 $0
KOLBURN KRISTJANSDOTTIR MEMBER AT LA N/A
Director
$0 $0 $0
HONG LUO MEMBER AT LA N/A
Director
$0 $0 $0
AHMAD OMAR 2026 PROGRAM N/A
Director
$0 $0 $0
WAYNE PARROTT PUBLIC POLIC N/A
Director
$0 $0 $0
PON SAMUEL MEMBER AT LA N/A
Director
$0 $0 $0
ALLAN WENCK 2025 PROGRAM N/A
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 $592,214 $663,647 $577,784 $-71,433
2023 $457,167 $516,612 $627,654 $-59,445
2022 $420,938 $525,117 $646,486 $-104,179
2021 $298,771 $362,264 $802,600 $-63,493
2020 $351,485 $278,015 $865,432 $73,470
2018 $402,717 $390,340 $625,156 $12,377
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