PSYCHOMETRIC SOCIETY

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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

1935

Legal Domicile

Principal Officer

EDGAR MERKLE

Phone

6084432468

Tax Period

2023-01-01 to 2023-12-31

PSYCHOMETRIC SOCIETY, founded in 1935, is a small nonprofit in the Social Science sector that reported $395K in total revenue in fiscal year 2023. Expenses of $448K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE PSYCHOMETRIC SOCIETY IS AN INTERNATIONAL NONPROFIT PROFESSIONAL ORGANIZATION DEVOTED TO THE ADVANCEMENT OF QUANTITATIVE MEASUREMENT PRACTICES IN PSYCHOLOGY, EDUCATION, AND THE SOCIAL SCIENCES.

Program Service Accomplishments

Program 1

Expenses: $17,082 Revenue: $134,760

THE SOCIETY PUBLISHES THE JOURNAL "PSYCHOMETRIKA", WHICH CONTAINS ARTICLES ON THE DEVELOPMENT OF QUANTITATIVE MODELS OF PSYCHOLOGICAL PHENOMENA, AS WELL AS STATISTICAL METHODS AND MATHEMATICAL...

THE SOCIETY PUBLISHES THE JOURNAL "PSYCHOMETRIKA", WHICH CONTAINS ARTICLES ON THE DEVELOPMENT OF QUANTITATIVE MODELS OF PSYCHOLOGICAL PHENOMENA, AS WELL AS STATISTICAL METHODS AND MATHEMATICAL TECHNIQUES FOR EVALUATING PSYCHOLOGICAL AND EDUCATIONAL DATA.

Program 2

Expenses: $425,522 Revenue: $260,169

IN ADDITION TO THE JOURNAL, THE SOCIETY CONDUCTS AN ANNUAL MEETING. THIS MEETING PROVIDES A RESEARCH FORUM FOR CONTRIBUTED PAPERS ON CURRENT ISSUES RELEVANT TO THE FIELD OF PSYCHOMETRICS. THE 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $313

Program Service Revenue $375,435

Investment Income $10,291

Other Revenue $9,203

TOTAL REVENUE $395,242

Expense Breakdown

Grants Paid $12,506

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $442,604

Other Expenses $435,844

TOTAL EXPENSES $448,350

Year-over-Year Comparison

	2023	2022	Change
Revenue	$395,242	$372,044	+0.1%
Expenses	$448,350	$327,299	+0.4%
Net Income	$-53,108	$44,745	-2.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
DAVID KAPLAN	PRESIDENT	5.00	Officer Director	$0	$0	$0
DENNY BORSBOOM	PRESIDENT-EL	2.00	Officer Director	$0	$0	$0
EDGAR MERKLE	TREASURER	2.00	Officer Director	$0	$0	$0
YING CHENG	SECRETARY	2.00	Officer Director	$0	$0	$0
CAROLYN ANDERSON	SECRETARY	2.00	Officer Director	$0	$0	$0
JEFF DOUGLAS	PAST PRESIDE	2.00	Officer Director	$0	$0	$0
JIMMY DE LA TORRE	TRUSTEE	1.00	Director	$0	$0	$0
MINJEONG JEON	TRUSTEE	1.00	Director	$0	$0	$0
CARL FALK	TRUSTEE	1.00	Director	$0	$0	$0
JEAN-PAUL FOX	TRUSTEE	1.00	Director	$0	$0	$0
PETER HALPIN	TRUSTEE	1.00	Director	$0	$0	$0
MARIE WILBERG	TRUSTEE	1.00	Director	$0	$0	$0
SILVIA CAGNONE	TRUSTEE	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	No data	No data	No data	No data
2023	$395,242	$448,350	$691,582	$-53,108
2022	$372,044	$327,299	$673,487	$44,745
2021	$209,398	$158,642	$723,416	$50,756
2020	$218,956	$158,301	$624,330	$60,655
2018	$431,458	$352,784	$543,553	$78,674