Association of Biomolecular Resource Facilities Inc (EIN 561659510) - Form 990 Financial Analysis & Trantor Score

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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

1988

Legal Domicile

Principal Officer

Ken Schoppmann

Phone

8595149150

Tax Period

2023-01-01 to 2023-12-31

Association of Biomolecular Resource Facilities Inc, founded in 1988, is a community nonprofit in the Science & Technology sector that reported $2.1M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $1.9M left a modest 11% surplus.

Mission

ABRF IS A UNIQUE MEMBERSHIP ASSOCIATION COMPRISING OVER 700 MEMBERS WORKING WITHIN OR IN THE SUPPORT OF RESOURCE AND RESEARCH BIOTECHNOLOGY LABORATORIES. OUR MEMBERS REPRESENT OVER 340 LABORATORIES AND ADMINISTRATIVE OFFICES IN GOVERNMENT, ACADEMIA, RESEARCH, INDUSTRY AND COMMERCIAL SETTINGS. THE ABRF PROMOTES THE EDUCATION AND CAREER ADVANCEMENT OF SCIENTISTS THROUGH CONFERENCES, A QUARTERLY JOURNAL, PUBLICATION OF RESEARCH GROUP STUDIES AND CONFERENCE TRAVEL AWARDS. THE SOCIETY ALSO SPONSORS MULTI-CENTER RESEARCH STUDIES DESIGNED TO HELP MEMBERS INCORPORATE NEW BIOTECHNOLOGIES INTO THEIR LABORATORIES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,337,813

Program Service Revenue $676,740

Investment Income $49,545

Other Revenue $7,804

TOTAL REVENUE $2,071,902

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,599,332

Other Expenses $1,851,420

TOTAL EXPENSES $1,851,420

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,071,902	$1,807,615	+0.1%
Expenses	$1,851,420	$1,564,585	+0.2%
Net Income	$220,482	$243,030	-0.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

150

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Roxann Ashworth	Director	0.50	Director	$0	$0	$0
SRIDAR CITTUR	Director	0.50	Director	$0	$0	$0
MARIE ADAMS	President	1.50	Officer Director	$0	$0	$0
Justine Kigenyi	Treasurer	1.00	Officer Director	$0	$0	$0
Kym Delventhal	Director	0.50	Director	$0	$0	$0
KEVIN KNUDTSON	Outgoing Pres.	1.50	Officer Director	$0	$0	$0
MAGNUS PALMBLAD	Outgoing Dir.	0.50	Director	$0	$0	$0
SARA BOWEN	Director	0.50	Director	$0	$0	$0
DIANE MILLER	Director	0.50	Director	$0	$0	$0
THAYUMANASAMY SOMASUNDARAM	Director	0.50	Director	$0	$0	$0
SUE WEINTRAUB	Director	0.50	Director	$0	$0	$0
KEN SCHOPPMANN	Executive Dir.	40.00	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
2024	No data	No data	No data	No data
2023	$2,071,902	$1,851,420	$2,068,558	$220,482
2022	$1,807,615	$1,564,585	$1,700,623	$243,030
2021	$822,565	$570,952	$1,879,453	$251,613
2020	$869,652	$952,467	$1,129,195	$-82,815
2019	$1,114,786	$1,327,780	$1,290,993	$-212,994
2018	$1,196,895	$1,173,711	$1,707,584	$23,184

Association of Biomolecular Resource Facilities Inc