AMERICAN SOCIETY FOR CLINICAL LABO… - Form 990 Financial Data

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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

JAMES FLANIGAN

Phone

5717483770

Tax Period

2024-08-01 to 2025-07-31

AMERICAN SOCIETY FOR CLINICAL LABORATORY LABORATORY SCIENCE, founded in 1935, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024.

Mission

TO MAKE A POSITIVE IMPACT IN HEALTH CARE THROUGH LEADERSHIP THAT WILL ASSURE EXCELLENCE IN THE PRACTICE OF LABORATORY SCIENCE.

Program Service Accomplishments

Program 1

SPONSOR AND FACILIATATE MEETINGS AND CONFERENCES TO PROMOTE DIALOGUE AND AWARENESS IN REGARDS TO CLINICAL LABORATORY METHODS AND RESEARCH AND TO PROMOTE THE GENERAL STATUS OF CLINICAL LABORATORY...

SPONSOR AND FACILIATATE MEETINGS AND CONFERENCES TO PROMOTE DIALOGUE AND AWARENESS IN REGARDS TO CLINICAL LABORATORY METHODS AND RESEARCH AND TO PROMOTE THE GENERAL STATUS OF CLINICAL LABORATORY SPECIALISTS.

Program 2

PROVIDE EDUCATIONAL INFORMATION WORKSHOPS, SEMINARS, WEBCASTS, AND ONLINE COURSES ON TOPICS OF CRITICAL INTEREST TO CLINICAL LABORATORY SCIENTISTS AND THE CREDITS QUALIFY FOR RE-CERTIFICATION AND...

PROVIDE EDUCATIONAL INFORMATION WORKSHOPS, SEMINARS, WEBCASTS, AND ONLINE COURSES ON TOPICS OF CRITICAL INTEREST TO CLINICAL LABORATORY SCIENTISTS AND THE CREDITS QUALIFY FOR RE-CERTIFICATION AND FULFILL RE-LICENSURE REQUIREMENTS.

Program 3

PRODUCE JOURNALS AND NEWSLETTERS TO DISSEMINATE INFORMATION IN REGARDS TO CLINICAL LABORATORY METHODS AND RESEARCH AND TO PROMOTE THE GENERAL STATUS OF CLINICAL LABORATORY SPECIALISTS.

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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 $230,462

Program Service Revenue $1,957,100

Investment Income $15,372

Other Revenue $88,256

TOTAL REVENUE $2,291,190

Expense Breakdown

Grants Paid $83,348

Salaries & Benefits $690,301

Fundraising Expenses $0

Other Expenses $1,559,628

TOTAL EXPENSES $2,333,277

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,291,190	$2,190,360	+0.0%
Expenses	$2,333,277	$2,419,126	0.0%
Net Income	$-42,087	$-228,766	-0.8%

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

Volunteers

530

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

$167,805

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES FLANIGAN	EXECUTIVE VICE PRESIDENT	40.00	Officer	$147,700	$20,105	$167,805
PATRICIA TILLE	PRESIDENT	2.00	Officer Director	$0	$0	$0
CLAUDE RECTOR	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
KYLE RIDING	PRESIDENT ELECT	2.00	Officer Director	$0	$0	$0
MILES TOMPKINS	TREASURER	2.00	Officer Director	$0	$0	$0
JESSE DAY	DIRECTOR	1.00	Director	$0	$0	$0
KATIE GUISE	DIRECTOR	1.00	Director	$0	$0	$0
KELCEY HARPER	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE NOBLIT	DIRECTOR	1.00	Director	$0	$0	$0
KHALDEE LINDSEY DAVENPORT-LANDRY	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER HERRINGTON	DIRECTOR	1.00	Director	$0	$0	$0
FRANK SCARANO	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS MOORE	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDRA NUSSBAUM	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA PULIDO	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA KASPER	DIRECTOR	1.00	Director	$0	$0	$0
STACEY LYN ROBINSON	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
2025	$2,291,190	$2,333,277	$556,498	$-42,087
2024	$2,190,360	$2,419,126	$768,856	$-228,766
2023	$2,129,559	$2,287,937	$909,875	$-158,378
2022	$1,850,264	$1,929,971	$1,097,737	$-79,707
2021	$1,507,894	$1,522,516	$1,154,129	$-14,622
2020	$1,330,216	$1,583,505	$1,012,938	$-253,289
2019	$1,528,849	$1,738,994	$1,111,104	$-210,145
2018	$1,448,809	$1,552,398	$1,349,080	$-103,589

AMERICAN SOCIETY FOR CLINICAL LABORATORY LABORATORY SCIENCE