SOCIETY OF CLINICAL RESEARCH ASSOCIATES INC

EIN: 611208981 501(c)(3) Education

CHALFONT, PA

Total Revenue
$4,021,642
Total Expenses
$3,428,581
Total Assets
$9,153,810
Net Assets
$9,153,810
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
PA
Principal Officer
Erich Lukas
Phone
2158228644
Tax Period
2023-01-01 to 2023-12-31

SOCIETY OF CLINICAL RESEARCH ASSOCIATES INC, founded in 1992, is a community nonprofit in the Education sector that reported $4.0M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $3.4M left a modest 15% surplus.

Mission

THE PURPOSE FOR WHICH THE ASSOCIATION IS FORMED IS TO INSTRUCT OR TRAIN INDIVIDUALS TO IMPROVE OR TO DEVELOPE THEIR CAPABILITIES ON SUBJECTS BENEFICIAL TO TH MEDICAL AND RESEARCH COMMUNITY AND THE COMMUNITY AT LARGE. TO ESTABLISH TRAINIG PROGRAMS AND CONTINUING EDUCATION PROGRAMS FOR CLINICAL RESEARCH PROFESSIONALS INCLUDING A REGULAR SCHDULED ANNUAL CONFERENCE AND COURSES RELATED TO CLINICAL SCIENCE

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,820,570
Investment Income $201,072
Other Revenue $0
TOTAL REVENUE $4,021,642

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $0
Fundraising Expenses $129,987
Program Expenses $1,958,253
Other Expenses $3,427,581
TOTAL EXPENSES $3,428,581

Year-over-Year Comparison

2023 2022 Change
Revenue $4,021,642 $3,452,196 +0.2%
Expenses $3,428,581 $2,880,331 +0.2%
Net Income $593,061 $571,865 +0.0%
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

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
13
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
5
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA ROWE PRESIDENT 4.00
Officer
$0 $0 $0
JENNIFER LI PAST PRESIDENT 4.00
Officer
$0 $0 $0
CATHERINE HUDSON SECRETARY 3.00
Officer
$0 $0 $0
LARA HOLTZ PRESIDENT ELECT 1.00
Officer
$0 $0 $0
BRIDGET STRONG TREASURER 3.00
Officer
$0 $0 $0
JEANNIE FARNSWORTH DIRECTOR 1.00
Director
$0 $0 $0
AMANDA GALSTER DIRECTOR 1.00
Director
$0 $0 $0
CASEY JACKSON DIRECTOR 1.00
Director
$0 $0 $0
JANE DEJESUS DIRECTOR 1.00
Director
$0 $0 $0
RACHEL KINGSFORD DIRECTOR 1.00
Director
$0 $0 $0
ARYN KNIGHT DIRECTOR 1.00
Director
$0 $0 $0
DR SUSAN HMWE DIRECTOR 1.00
Director
$0 $0 $0
SHIRLEY HELM DIRECTOR 1.00
Director
$0 $0 $0
CARRIE CHIARO DIRECTOR 1.00
Director
$0 $0 $0
ANNETTE OESER DIRECTOR 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 $4,021,642 $3,428,581 $9,153,810 $593,061
2022 $3,452,196 $2,880,331 $8,560,749 $571,865
2021 $3,149,260 $2,163,840 $7,988,884 $985,420
2020 $3,132,079 $2,720,959 $7,003,464 $411,120
Explore More Nonprofits
Top 100 Nonprofits in Pennsylvania Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SOCIETY OF CLINICAL RESEARCH ASSOCIATES INC with other nonprofits in Pennsylvania and across the country.