AMERICAN SOCIETY FOR INVESTIGATIVE… - 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

1901

Legal Domicile

Principal Officer

William B Coleman PhD

Phone

2402839700

Tax Period

2024-01-01 to 2024-12-31

AMERICAN SOCIETY FOR INVESTIGATIVE PATHOLOGY INC, founded in 1901, is a community nonprofit in the Medical Research sector that reported $2.1M in total revenue in fiscal year 2024. Expenses of $3.0M exceeded revenue, resulting in a 45% operating deficit.

Mission

THE MISSION OF AMERICAN SOCIETY FOR INVESTIGATIVE PATHOLOGY, INC. (ASIP) IS TO PROMOTE THE DISCOVERY, ADVANCEMENT, AND DISSEMINATION OF BASIC AND TRANSLATIONAL KNOWLEDGE IN EXPERIMENTAL PATHOLOGY AND RELATED DISCIPLINES. THIS SHALL BE ACHIEVED BY FOSTERING INVESTIGATION INTO THE PATHOGENESIS, CLASSIFICATION, DIAGNOSIS, AND MANIFESTATIONS OF DISEASE THROUGH MEETINGS, PUBLICATIONS, AND EDUCATIONAL ACTIVITIES.

Program Service Accomplishments

Program 1

Expenses: $1,187,952 Revenue: $7,319

Education and Career Development - Education and career development for trainees and young investigators represents a high priority for the Society. To facilitate these activities, the Society has...

Education and Career Development - Education and career development for trainees and young investigators represents a high priority for the Society. To facilitate these activities, the Society has standing committees: Education Committee and the Committee for Career Development. In addition, the Committee for Equal Representation and Opportunity provides oversight for the Society's diversity and inclusion objectives. Together, these groups develop initiatives and programs to achieve the goal of providing trainees, young investigators, and others the opportunity to expand their knowledge within specific areas of basic, clinical, and translational research.

Program 2

Expenses: $1,119,135 Revenue: $1,546,776

Scientific Journals, Interest Groups and Member Services The Society provides networking, journals, and other activities to help the integrative discipline of investigative pathology. The Society...

Scientific Journals, Interest Groups and Member Services The Society provides networking, journals, and other activities to help the integrative discipline of investigative pathology. The Society publishes two scientific journals. The American Journal of Pathology (AJP) is the leading global forum for reporting quality original research on the cellular and molecular mechanisms of disease and is the official journal of the American Society for Investigative Pathology (published by Elsevier, Inc). The Journal of Molecular Diagnostics (JMD) publishes high-quality original papers on scientific advances in the translation and validation of molecular discoveries in medicine into the clinical diagnostic setting. The Society also provides a number of Scientific Interest Groups (SIGs) and membership communities (such as Women in Pathology). These groups are formed around subsets of the membership that share a common research interest or goal (promotion of women in disease research). The Society provides for a variety of membership types to cater to individuals at all stages of career: regular, trainee, emeritus. The Society also provides membership options for individuals who fill a specific career niche: laboratory scientist, research scientist, science educator.

Program 3

Expenses: $6,854

Communications, Outreach, and Advocacy

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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 $195,876

Program Service Revenue $1,665,394

Investment Income $209,346

Other Revenue $0

TOTAL REVENUE $2,070,616

Expense Breakdown

Grants Paid $94,500

Salaries & Benefits $1,530,761

Fundraising Expenses $89,824

Program Expenses $2,313,941

Other Expenses $1,379,402

TOTAL EXPENSES $3,004,663

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,070,616	$1,917,728	+0.1%
Expenses	$3,004,663	$2,969,149	+0.0%
Net Income	$-934,047	$-1,051,421	-0.1%

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

100

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

$328,240

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William B Coleman PhD	Executive Dir.	40.00	Officer	$292,797	$35,443	$328,240
LISA MCFADDEN	Dir Memberships	40.00		$156,321	$11,814	$168,135
Emily Essex	Dir Scientific Pub	40.00		$125,907	$23,629	$149,536
HENRY CARTER	Production Editor	40.00		$106,896	$35,443	$142,339
KENDRA LADUCA	Assoc Exec Officer	40.00		$127,680	$10,003	$137,683
CHHAVI CHAUHAN	Dir Outreach	40.00		$108,675	$23,269	$131,944
Michael Dustin	Sr Editorial Asst	40.00		$105,085	$0	$105,085
Satdarshan Singh Monga MD	President	1.00	Officer Director	$0	$0	$0
Jonathon W Homeister MD PhD	Vice President	1.00	Officer Director	$0	$0	$0
Pilar Alcaide PhD	President	1.00	Officer Director	$0	$0	$0
Robinna Lorenz MD PhD	President	1.00	Officer Director	$0	$0	$0
David Williams MD PhD	Secretary	1.00	Officer Director	$0	$0	$0
Veronica Contreras -Shannon PhD	Director	1.00	Director	$0	$0	$0
Cecelia C Yates PhD	Director	1.00	Director	$0	$0	$0
Julie Randolph-Habecker PhD	Director	1.00	Director	$0	$0	$0
Andrei Ivanov PhD	Director	1.00	Director	$0	$0	$0
Heather Francis PhD	Director	1.00	Director	$0	$0	$0
Elaine Bearer MD PhD	Director	1.00	Director	$0	$0	$0
Martha B Furie PhD	Director	1.00	Director	$0	$0	$0
Richard N Mitchell MD PhD	Director	1.00	Director	$0	$0	$0
Charles A Parkos MD PhD	Director	1.00	Director	$0	$0	$0
Sharon DeMorrow PhD	Director	1.00	Director	$0	$0	$0
Kojo S Elenitoba-Johnson MD	Director	1.00	Director	$0	$0	$0
Kelsey Dillehay McKillip PhD	Director	1.00	Director	$0	$0	$0
Bethany Hannafon PhD	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	$2,070,616	$3,004,663	$3,278,192	$-934,047
2023	$1,917,728	$2,969,149	$4,702,574	$-1,051,421
2022	$1,908,277	$2,740,953	$5,422,486	$-832,676
2021	$2,286,826	$2,446,289	$5,744,657	$-159,463
2020	$2,145,426	$2,214,353	$5,955,483	$-68,927
2019	$2,379,891	$2,179,466	$6,304,052	$200,425
2018	$2,455,812	$2,510,347	$5,454,673	$-54,535

AMERICAN SOCIETY FOR INVESTIGATIVE PATHOLOGY INC