Society of Biological Psychiatry

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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

1945

Legal Domicile

Principal Officer

Trey Sunderland

Phone

6154320096

Tax Period

2023-01-01 to 2023-12-31

Society of Biological Psychiatry, founded in 1945, is a community nonprofit in the Mental Health sector that reported $3.0M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Net assets of $19.3M represent 78 months of operating reserves.

Mission

THE MISSION OF THE SOCIETY OF BIOLOGICAL PSYCHIATRY IS TO: 1. PROMOTE EXCELLENCE IN RESERCH INVESTIGATING THE NATURE, CAUSES, MECHANISMS AND TREATMENTS OF DISORDERS OF THOUGHT, EMOTION AND BEHAVIOUR. 2. FOSTER DEVELOPMENT OF INVESTIGATORS IN PSYCHIATRY. 3. EDUCATE YOUNG SCIENTISTS AND CLINICIANS ABOUT THE BIOLOGICAL UNDERPINNINGS OF PSYCHIATRIC DISORDERS MORE GENERALLY. 4. DISSEMINATE THE HIGHEST QUALITY KNOWLEDGE REGARDING THE SCIENTIFIC BASIS OF PSYCHIATRY.

Program Service Accomplishments

Program 1

Expenses: $1,616,808 Revenue: $629,159

ANNUAL MEETING: THE SOCIETY MEETS ANNUALLY TO CONDUCT AN EDUCATIONAL MEETING AND TO HONOR OUTSTANDING MEMBERS. THESE ACTIVITIES ARE INTENDED TO PROMOTE AND ENHANCE THE PROFESSION OF BIOLOGICAL...

ANNUAL MEETING: THE SOCIETY MEETS ANNUALLY TO CONDUCT AN EDUCATIONAL MEETING AND TO HONOR OUTSTANDING MEMBERS. THESE ACTIVITIES ARE INTENDED TO PROMOTE AND ENHANCE THE PROFESSION OF BIOLOGICAL PSYCHIATRY.

Program 2

Expenses: $1,163,609 Revenue: $1,967,684

BP AND CNNI JOURNAL: THE SOCIETY SOLICITS AND PUBLISHES ARTICLES TO PROMOTE AND ENHANCE THE PROFESSION OF BIOLOGICAL PSYCHIATRY. BIOLOGICAL PSYCHIATRY: GLOBAL OPEN SCIENCE IS AN OFFICIAL JOURNAL OF THE SOCIETY OF BIOLOGICAL PSYCHIATRY FAMILY OF JOURNALS. THIS OPEN-ACCESS, PEER-REVIEWED, RAPID-PUBLICATION, INTERNATIONAL JOURNAL PROMOTES OPEN DISSEMINATION OF RESEARCH BY PUBLISHING BASIC, TRANSLATIONAL, AND CLINICAL CONTRIBUTIONS FROM SCIENTISTS ACROSS THE WORLD IN ALL DISCIPLINES, RESEARCH AREAS, AND RESEARCH METHODS RELEVANT TO THE PATHOPHYSIOLOGY AND TREATMENT OF MAJOR PSYCHIATRIC DISORDERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,605,280

Investment Income $335,213

Other Revenue $38,740

TOTAL REVENUE $2,979,233

Expense Breakdown

Grants Paid $258,500

Salaries & Benefits $222,200

Fundraising Expenses $0

Program Expenses $2,780,417

Other Expenses $2,667,029

TOTAL EXPENSES $3,147,729

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,979,233	$3,247,232	-0.1%
Expenses	$3,147,729	$3,183,437	0.0%
Net Income	$-168,496	$63,795	-3.6%

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

$40,000

Total Directors

$222,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Krystal	Editor	1.0	Director	$72,200	$0	$72,200
Deanna Barch	Editor	1.0	Director	$57,500	$0	$57,500
Cameron Carter	Editor	1.0	Director	$52,500	$0	$52,500
Scott Rauch	Executive Secretary	2.0	Officer Director	$20,000	$0	$20,000
Trey Sunderland	Executive Treasurer	5.0	Officer Director	$20,000	$0	$20,000
Linda Carpenter	Past President	1.0	Officer Director	$0	$0	$0
Judith Ford	COUNCILOR	1.0	Director	$0	$0	$0
Victoria Arango	President (from 6/2022)	2.0	Officer Director	$0	$0	$0
Karen Berman	Councilor	1.0	Director	$0	$0	$0
Neill Epperson	Councilor (from 6/2022)	1.0	Director	$0	$0	$0
David Lewis	Councilor	1.0	Director	$0	$0	$0
Annmarie MacNamara	Councilor (Thru 6/2023)	1.0	Director	$0	$0	$0
Hilary Marusak	Councilor (from 6/2022)	1.0	Director	$0	$0	$0
Dost Ongur	Councilor	1.0	Director	$0	$0	$0
Mary Phillips	Councilor	1.0	Director	$0	$0	$0
Sarah Short	Councilor (Thru 6/2023)	1.0	Director	$0	$0	$0
Tamar Gur	COUNCILOR (From 6/2023)	1.0	Director	$0	$0	$0
Sophia Frangou	PRESIDENT ELECT (From 6/2023)	2.0	Officer 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	No data	No data	No data	No data
2023	$2,979,233	$3,147,729	$19,714,423	$-168,496
2022	$3,247,232	$3,183,437	$17,957,265	$63,795
2022	$3,247,232	$3,183,437	$17,957,265	$63,795
2021	$3,179,416	$1,696,619	$21,496,019	$1,482,797
2020	$2,319,781	$1,428,713	$18,601,306	$891,068
2019	$3,376,675	$2,552,514	$15,848,615	$824,161
2018	$3,819,354	$2,458,274	$12,380,912	$1,361,080