INTERNATIONAL PROBIOTICS ASSOCIATI… - 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

2001

Legal Domicile

Principal Officer

GEORGE PARASKEVAKOS

Phone

5145715949

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL PROBIOTICS ASSOCIATION, founded in 2001, is a community nonprofit in the Community Improvement sector that reported $1.5M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year.

Mission

THE INTERNATIONAL PROBIOTICS ASSOCIATION (IPA) IS AN INTERNATIONAL ORGANIZATION EQUALLY SPLIT BETWEEN INDUSTRY AND ACADEMIA AND ITS GOAL IS TO PROVIDE A UNIQUE FORUM FOR THE EXCHANGE OF RESEARCH AND LATEST BREAKTHROUGHS IN PROBIOTIC TECHNOLOGY AND NEW PRODUCT DEVELOPMENT.

Program Service Accomplishments

Program 1

THE IPA WORLD CONGRESS IS HELD ANNUALLY AND FEATURES INTERNATIONALLY RECOGNIZED SCIENTIFIC AND MEDICAL EXPERTS WHO PRESENT THE LATEST FINDINGS ON PROBIOTIC BIOTECHNOLOGY, MICROBIOME RESEARCH AND...

THE IPA WORLD CONGRESS IS HELD ANNUALLY AND FEATURES INTERNATIONALLY RECOGNIZED SCIENTIFIC AND MEDICAL EXPERTS WHO PRESENT THE LATEST FINDINGS ON PROBIOTIC BIOTECHNOLOGY, MICROBIOME RESEARCH AND CLINICAL BENEFITS OF PROBIOTICS, AS WELL AS REGULATORY BODIES AND EXPERTS FROM AROUND THE WORLD. THE IPA WORLD CONGRESS ALSO HOLDS ONE-DAY PROBIOTICS REGULATORY WORKSHOPS ACROSS THE WORLD FOR THE PURPOSE OF EDUCATING GOVERNMENT OFFICIALS AND THE PUBLIC.

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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 $1,460,998

Investment Income $52,245

Other Revenue $0

TOTAL REVENUE $1,513,243

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,468,067

TOTAL EXPENSES $1,468,067

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,513,243	$1,820,620	-0.2%
Expenses	$1,468,067	$1,406,587	+0.0%
Net Income	$45,176	$414,033	-0.9%

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
AMY SMITH	PRESIDENT	1.00	Officer Director	$0	$0	$0
SOLANGE HENOUD	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL H LEE	TREASURER	1.00	Officer Director	$0	$0	$0
TRAVIS BORCHHARDT	DIRECTOR	1.00	Director	$0	$0	$0
ANA NUNES	DIRECTOR	1.00	Director	$0	$0	$0
ANDRZEJ BENKOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
ANITA JOHANSEN	DIRECTOR	1.00	Director	$0	$0	$0
BLAIR NORFOLK VEGA	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIAN GAUVIN	DIRECTOR	1.00	Director	$0	$0	$0
COLINE GERRITSEN	DIRECTOR	1.00	Director	$0	$0	$0
FRANCESCO GIRARDO	DIRECTOR	1.00	Director	$0	$0	$0
GERTRUSE GENTILE-RAPINETT	DIRECTOR	1.00	Director	$0	$0	$0
HELENE CHARIER	DIRECTOR	1.00	Director	$0	$0	$0
JASON SHEN	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER BOYD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GOEBEL	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA BAISLEY	DIRECTOR	1.00	Director	$0	$0	$0
JUNICHI MINAMI	DIRECTOR	1.00	Director	$0	$0	$0
KATIE LECKER	DIRECTOR	1.00	Director	$0	$0	$0
KENJI OISHI	DIRECTOR	1.00	Director	$0	$0	$0
MIGUEL ANGEL BONACHERA	DIRECTOR	1.00	Director	$0	$0	$0
MYEONG HEE KIM	DIRECTOR	1.00	Director	$0	$0	$0
LINDA NECKMAR	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
NAJLA GUTHRIE	DIRECTOR	1.00	Director	$0	$0	$0
PETER JUSTEN	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD WALTON	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT BUSH	DIRECTOR	1.00	Director	$0	$0	$0
SERGIO RESTREPO	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN MITMESSER	DIRECTOR	1.00	Director	$0	$0	$0
THERESA AGNEW	DIRECTOR	1.00	Director	$0	$0	$0
TODD BECKMAN	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	$1,513,243	$1,468,067	$1,926,940	$45,176
2023	$1,820,620	$1,406,587	$1,881,764	$414,033
2022	$1,373,787	$1,157,275	$1,467,731	$216,512
2021	$1,060,735	$1,201,096	$1,251,219	$-140,361
2020	$1,376,937	$1,007,557	$1,391,580	$369,380
2019	$1,291,010	$933,702	$1,022,200	$357,308
2018	$905,488	$682,529	$664,892	$222,959

INTERNATIONAL PROBIOTICS ASSOCIATION