ASSOCIATION OF GENETIC TECHNOLOGIS… - 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

1980

Legal Domicile

Principal Officer

CELESTA GIBBS

Phone

4235674248

Tax Period

2024-07-01 to 2025-06-30

ASSOCIATION OF GENETIC TECHNOLOGISTS INC, founded in 1980, is a micro nonprofit that reported $95K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $114K exceeded revenue, resulting in a 20% operating deficit.

Mission

AGTS PURPOSE IS TO PROMOTE COOPERATION AND EXCHANGE OF INFORMATION AMOUNG THOSE ENGAGED IN CLASSICAL CYTOGENETICS, MOLECULAR AND BIOCHEMICAL GENETICS, AND TO STIMULATE INTEREST IN GENETICS AS A CAREER.

Program Service Accomplishments

Program 1

THE OFFICIAL JOURNAL OF ASSOCIATION OF GENETIC TECHNOLOGISTS IS PUBLISHED FOUR TIMES A YEAR. THE PUBLICATION FEATURES ORIGINAL SCIENTIFIC RESEARCH, TECHNICAL ADVANCES IN THE AREAS OF CYTOGENETICS...

THE OFFICIAL JOURNAL OF ASSOCIATION OF GENETIC TECHNOLOGISTS IS PUBLISHED FOUR TIMES A YEAR. THE PUBLICATION FEATURES ORIGINAL SCIENTIFIC RESEARCH, TECHNICAL ADVANCES IN THE AREAS OF CYTOGENETICS, MOLECULAR CYTOGENETICS AND BIOCHEMICAL GENETICS.

Program 2

EDUCATION MATERIALS RELATED TO THE FIELD ARE OFFERED FOR NOMINAL FEES. THESE EDUCATIONAL MATERIALS INCLUDE: JOURNAL CLUB, TEST YOURSELF, SALARY SURVEY RESULTS, THE AGT CYTOGENETIC LABORATORY...

EDUCATION MATERIALS RELATED TO THE FIELD ARE OFFERED FOR NOMINAL FEES. THESE EDUCATIONAL MATERIALS INCLUDE: JOURNAL CLUB, TEST YOURSELF, SALARY SURVEY RESULTS, THE AGT CYTOGENETIC LABORATORY, MOLECULAR BIOLOGY TECHNIQUES, REVIEW GUIDE CD, TECHNICAL MANUAL, AND CYTOGENETICS SYMPOSIA.

Program 3

AGT HOLDS AN ANNUAL MEETING EACH YEAR. THE MEETING PROVIDES OPPORTUNITIES TO DEVELOP PROFESSIONAL CONTACTS IN THE EVER-EXPANDING AREA OF CLINICAL AND RESEARCH GENETICS. THE PROGRAM OFFERS CONTINUING EDUCATION SESSIONS WITH DIVERSE TOPICS THAT PROVIDE EDUCATIONAL INFORMATION REGARDING THE TRENDS AND ADVANCES WITHIN THE PROFESSION. SESSIONS ALSO DISCUSS THE CHANGES IN THE HEALTH CARE ENVIRONMENT AND PROVIDE KNOWLEDGE TO COPE WITH INCREASE IN TESTING VOLUME INNOVATION, AUTOMATION, ACQUIRING RESOURCES AND MAINTAINING QUALITY STANDARDS IN A SAFE AND PLEASANT WORK ENVIRONMENT.

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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 $0

Program Service Revenue $90,856

Investment Income $4,141

Other Revenue $77

TOTAL REVENUE $95,074

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $113,746

TOTAL EXPENSES $113,746

Year-over-Year Comparison

	2024	2023	Change
Revenue	$95,074	$73,099	+0.3%
Expenses	$113,746	$64,541	+0.8%
Net Income	$-18,672	$8,558	-3.2%

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

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
PETER HU	PRESIDENT	4.00	Officer Director	$0	$0	$0
ERICKA HENDRIX	PRESIDENT-ELECT	4.00	Officer Director	$0	$0	$0
TARA ELLINGHAM	PAST-PRESIDENT	4.00	Officer Director	$0	$0	$0
CELESTA GIBBS	SECRETARY/TREASURER	3.00	Officer Director	$0	$0	$0
MING ZHAO	EDUCATION DIRECTOR	3.00	Director	$0	$0	$0
WHAB KHAN	PUBLIC RELATIONS DIRECTOR	3.00	Director	$0	$0	$0
JESSICA COOLEY COLEMAN	MEMBERSHIP DIRECTOR	3.00	Director	$0	$0	$0
CARLOS TIRADO PHD	ANNUAL MEETING DIRECTOR	3.00	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	$95,074	$113,746	$156,103	$-18,672
2024	$73,099	$64,541	$152,772	$8,558
2023	$105,170	$93,158	$172,069	$12,012
2022	$72,128	$64,169	$137,770	$7,959
2021	$72,372	$59,931	$129,354	$12,441

ASSOCIATION OF GENETIC TECHNOLOGISTS INC