Association of Standardized Patient Educators Inc (EIN 710852897) - 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

2001

Legal Domicile

Principal Officer

Shawn Galin

Tax Period

2024-01-01 to 2024-12-31

Association of Standardized Patient Educators Inc, founded in 2001, is a small nonprofit in the Medical Research sector that reported $436K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $83K, a strong 19% operating margin.

Mission

ASPE is the international organizaton for professionals in the field of simulated and standardized patient methodology. ASPE is dedicated to *Professional growth and development of its members *Advancement of SP research and related scholarly activies *Setting standars of method

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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 (2024)

Revenue Breakdown

Contributions & Grants $134,104

Program Service Revenue $291,594

Investment Income $9,149

Other Revenue $675

TOTAL REVENUE $435,522

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $352,747

Other Expenses $352,747

TOTAL EXPENSES $352,747

Year-over-Year Comparison

	2024	2023	Change
Revenue	$435,522	$465,486	-0.1%
Expenses	$352,747	$382,500	-0.1%
Net Income	$82,775	$82,986	0.0%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
Jennifer Owens	Director	Director	$0	$0	$0
Daniel Brown	Director	Director	$0	$0	$0
Samantha Sym	Director	Director	$0	$0	$0
Lisa Steele	Director	Director	$0	$0	$0
Jackie Sidie	Director	Director	$0	$0	$0
Kuan Xing	Director	Director	$0	$0	$0
Claudia Arancibia	Director	Director	$0	$0	$0
Catherine Hagele	Director	Director	$0	$0	$0
Balina Peters	Director	Director	$0	$0	$0
Karen Lewis	Director	Director	$0	$0	$0
Clare Shaffer	Director	Director	$0	$0	$0
Kaylee Chester	Executive Director	Director	$0	$0	$0
Shawn Galin	President	Officer	$0	$0	$0
Cory Krebsbach	VP of Operations	Officer	$0	$0	$0
Amber Snyder	VP of Finance	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	$435,522	$352,747	$538,980	$82,775
2023	$465,486	$382,500	$438,289	$82,986
2022	$395,293	$396,793	$352,450	$-1,500
2021	$213,286	$172,796	$352,946	$40,490
2020	$167,148	$198,294	$311,856	$-31,146

Association of Standardized Patient Educators Inc