AMERICAN SOCIETY FOR PHARMACOLOGY & EXPERIMENTAL THERAPEUTICS (EIN 586032060) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1933

Legal Domicile

Principal Officer

DAVID JACKSON

Phone

3016347065

Tax Period

2023-01-01 to 2023-12-31

AMERICAN SOCIETY FOR PHARMACOLOGY & EXPERIMENTAL THERAPEUTICS, founded in 1933, is a community nonprofit in the Health Care sector that reported $5.7M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $7.1M exceeded revenue, resulting in a 25% operating deficit.

Mission

THE AMERICAN SOCIETY FOR PHARMACOLOGY AND EXPERIMENTAL THERAPEUTICS (ASPET) IS A 4,000 MEMBER SCIENTIFIC SOCIETY WHOSE MEMBERS CONDUCT BASIC AND CLINICAL PHARMACOLOGICAL RESEARCH AND WORK FOR ACADEMIA, GOVERNMENT, LARGE PHARMACEUTICAL COMPANIES, SMALL BIOTECH COMPANIES, AND NON-PROFIT ORGANIZATIONS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,917

Program Service Revenue $4,259,079

Investment Income $1,405,014

Other Revenue $37,363

TOTAL REVENUE $5,712,373

Expense Breakdown

Grants Paid $369,000

Salaries & Benefits $3,186,162

Fundraising Expenses $0

Program Expenses $5,520,159

Other Expenses $3,589,043

TOTAL EXPENSES $7,144,205

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,712,373	$4,463,274	+0.3%
Expenses	$7,144,205	$5,114,519	+0.4%
Net Income	$-1,431,832	$-651,245	+1.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

$595,446

Total Directors

$35,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
XINXIN DING	SEC/TREAS ELECT, THEN SEC/TREAS	5.00	Officer Director	$35,000	$0	$35,000
MICHAEL L JARVIS	PRESIDENT, THEN PAST PRESIDENT	5.00	Officer Director	$0	$0	$0
NAMANDJE BUMPUS	PRESIDENT ELECT, THEN PRESIDENT	5.00	Officer Director	$0	$0	$0
MARGARET GNEGY	PAST PREDIDENT	5.00	Officer Director	$0	$0	$0
KATHRYN CUNNINGHAM	SEC/TREAS, THEN PAST SEC/TREAS	5.00	Officer Director	$0	$0	$0
CAROL BECK	PAST SEC/TREAS, THEN PRES ELECT	5.00	Officer Director	$0	$0	$0
PAM HORNBY	SEC/TREAS ELECT	5.00	Officer Director	$0	$0	$0
RANDY HALL	COUNCILOR	5.00	Director	$0	$0	$0
JOHN TRAYNOR	COUNCILOR	5.00	Director	$0	$0	$0
NINA ISOHERRANEN	COUNCILOR	5.00	Director	$0	$0	$0
DAVID JACKSON	EXECUTIVE OFFICER	40.00	Officer	$305,502	$10,959	$316,461
ROBERT STANLEY	CHIEF FINANCIAL OFFICER	40.00	Officer	$203,566	$40,419	$243,985
MELISSA HUSTON	MEETINGS DIRECTOR	40.00	Highest	$150,741	$28,675	$179,416
MARIA PASHO	JOURNAL DIRECTOR	40.00	Highest	$161,777	$22,365	$184,142
LYNNE HARRIS	MARKETING DIRECTOR	40.00	Highest	$152,835	$15,170	$168,005
CATHERINE FRY	EDUCATION DIRECTOR	40.00	Highest	$152,636	$33,727	$186,363
CARTER ALLEMAN	GOVT AFFAIRS & SCIENCE POL DIRECTOR	40.00	Highest	$146,577	$5,103	$151,680

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	$5,712,373	$7,144,205	$30,249,773	$-1,431,832
2022	$4,463,274	$5,114,519	$29,344,018	$-651,245
2021	$7,613,751	$4,699,167	$33,893,150	$2,914,584
2020	$4,904,674	$4,608,155	$30,160,576	$296,519
2019	$5,562,695	$5,083,355	$27,322,547	$479,340
2018	$5,505,934	$5,134,580	$22,578,825	$371,354

AMERICAN SOCIETY FOR PHARMACOLOGY & EXPERIMENTAL THERAPEUTICS