Civic Intelligence

Controlled Release Society Inc

EIN 31-0940935 • 501(c)3 • Mount Laurel, NJ

Profile

The controlled release society is an international, interdisciplinary, not-for-profit organization whose guiding purpose shall be the advancement of the science and technology of the controlled delivery of chemical and biological substances. Additionally, the objectives of the society are as follows: (a) encourage the exchange of information in the field of controlled delivery through education, research, and the dissemination of information useful to the individual and beneficial to society. (b) foster and enhance communication between all constituencies of the society; (c) conduct an annual business, annual scientific, and other regular meetings to foster peer communication; and, (d) develop public policy positions benefiting members and the public.

1120 Route 73 Suite 200Mount Laurel, NJ 08054

www.controlledreleasesociety.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.08x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.10x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

63rd percentile

8.8%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

66th percentile

18%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$2,601,973

Up $440,932 (+20%) from 2023

Liabilities

Up

$210,760

Up $40,445 (+24%) from 2023

Net Assets

Up

$2,391,213

Up $400,487 (+20%) from 2023

Operations
Liabilities / Revenue53rd percentileNet Margin67th percentile

Revenue

Up

$2,208,969

Up $303,812 (+16%) from 2023

Expenses

Down

$1,892,406

Down $69,298 (-3.5%) from 2023

Net Income

Up

$316,563

Up $373,110 (+660%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $1,568,122Liabilities 2010: $602,415Net Assets 2010: $965,7072010Assets 2011: $1,473,870Liabilities 2011: $580,442Net Assets 2011: $893,4282011Assets 2012: $1,679,604Liabilities 2012: $466,804Net Assets 2012: $1,212,8002012Assets 2013: $1,762,403Liabilities 2013: $309,592Net Assets 2013: $1,452,8112013Assets 2014: $1,912,691Liabilities 2014: $350,264Net Assets 2014: $1,562,4272014Assets 2015: $1,771,248Liabilities 2015: $292,436Net Assets 2015: $1,478,8122015Assets 2016: $1,959,603Liabilities 2016: $364,033Net Assets 2016: $1,595,5702016Assets 2017: $2,359,629Liabilities 2017: $233,448Net Assets 2017: $2,126,1812017Assets 2018: $1,981,487Liabilities 2018: $147,722Net Assets 2018: $1,833,7652018Assets 2019: $1,977,173Liabilities 2019: $259,798Net Assets 2019: $1,717,3752019Assets 2020: $2,102,575Liabilities 2020: $267,192Net Assets 2020: $1,835,3832020Assets 2021: $2,424,621Liabilities 2021: $294,249Net Assets 2021: $2,130,3722021Assets 2022: $2,196,140Liabilities 2022: $333,115Net Assets 2022: $1,863,0252022Assets 2023: $2,161,041Liabilities 2023: $170,315Net Assets 2023: $1,990,7262023Assets 2024: $2,601,973Liabilities 2024: $210,760Net Assets 2024: $2,391,2132024

Highlighted filing

2024

Assets$2,601,973
Liabilities$210,760
Net Assets$2,391,213
Open 2024 Filing

Operations Trend

Revenue Growth66th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,808,6852010Expenses 2011: $1,936,1482011Expenses 2012: $1,529,6242012Revenue 2013: $1,592,008Expenses 2013: $1,485,214Net Income 2013: $106,7942013Revenue 2014: $1,643,030Expenses 2014: $1,568,530Net Income 2014: $74,5002014Revenue 2015: $1,736,109Expenses 2015: $1,759,796Net Income 2015: -$23,6872015Revenue 2016: $1,661,967Expenses 2016: $1,626,105Net Income 2016: $35,8622016Revenue 2017: $1,834,119Expenses 2017: $1,465,450Net Income 2017: $368,6692017Revenue 2018: $1,661,519Expenses 2018: $1,701,327Net Income 2018: -$39,8082018Revenue 2019: $1,601,846Expenses 2019: $1,733,417Net Income 2019: -$131,5712019Revenue 2020: $915,176Expenses 2020: $964,918Net Income 2020: -$49,7422020Revenue 2021: $1,134,109Expenses 2021: $946,773Net Income 2021: $187,3362021Revenue 2022: $1,587,341Expenses 2022: $1,452,572Net Income 2022: $134,7692022Revenue 2023: $1,905,157Expenses 2023: $1,961,704Net Income 2023: -$56,5472023Revenue 2024: $2,208,969Expenses 2024: $1,892,406Net Income 2024: $316,5632024

Highlighted filing

2024

Revenue$2,208,969
Expenses$1,892,406
Net Income$316,563
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,601,973
Liabilities
$210,760
Net assets
$2,391,213
Revenue
$2,208,969
Expenses
$1,892,406
Net income
$316,563
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.60$0.21$2.39$2.21$1.89$0.32
2023Detailed filing. Detailed filing data is available for this year.$2.16$0.17$1.99$1.91$1.96$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.20$0.33$1.86$1.59$1.45$0.13
2021Detailed filing. Detailed filing data is available for this year.$2.42$0.29$2.13$1.13$0.95$0.19
2020Detailed filing. Detailed filing data is available for this year.$2.10$0.27$1.84$0.92$0.96$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.98$0.26$1.72$1.60$1.73$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.98$0.15$1.83$1.66$1.70$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.36$0.23$2.13$1.83$1.47$0.37
2016Detailed filing. Detailed filing data is available for this year.$1.96$0.36$1.60$1.66$1.63$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.77$0.29$1.48$1.74$1.76$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.91$0.35$1.56$1.64$1.57$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.76$0.31$1.45$1.59$1.49$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.47$1.21$1.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.58$0.89$1.94
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.60$0.97$1.81
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 18, 2025
Return Version
2024v5.2
Gross Receipts
$2,847,701
Mission and Program Overview

Mission

The controlled release society is an international, interdisciplinary, not-for-profit organization whose guiding purpose shall be the advancement of the science and technology of the controlled delivery of chemical and biological substances. Additionally, the objectives of the society are as follows:(a) encourage the exchange of information in the field of controlled delivery through education, research, and the dissemination of information useful to the individual and beneficial to society.(b) foster and enhance communication between all constituencies of the society;(c) conduct an annual business, annual scientific, and other regular meetings to foster peer communication; and,(d) develop public policy positions benefiting members and the public.

Crs creates an inclusive scientific community that advances research, technology, education, and networking in the field of delivery science worldwide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,340,421$1,405,042▲ $64,621
Investments Other Securities$401,699$445,213▲ $43,514
Savings and Temporary Cash Investments$100,329$418,409▲ $318,080
Cash and Non-Interest-Bearing Accounts$213,521$170,428▼ $43,093
Accounts Receivable$87,828$150,901▲ $63,073
Prepaid Expenses and Deferred Charges$17,243$11,980▼ $5,263
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$2,161,041$2,601,973▲ $440,932
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$134,121$209,193▲ $75,072
Accounts Payable and Accrued Expenses$36,194$1,567▼ $34,627
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$170,315$210,760▲ $40,445
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,975,360$2,366,347▲ $390,987
Net Assets With Donor Restrictions$15,366$24,866▲ $9,500
Total Net Assets Fund Balance$1,990,726$2,391,213▲ $400,487
Total Liabilities and Net Assets / Fund Balance$2,161,041$2,601,973▲ $440,932

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$61,750$61,750
Other Securities$396,862--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Christine AllenPast President (Thru 7/31/24)
Laura EnsignMember at large
Maria-Teresa PeracchiaMember at large
Ryan DonnellyMember at large
Yoon YeoMember at large
Twan LammersPast Pres.(Pres. Thru 7/31/24)
Maria VicentPres. Elect (Sec.Thru 7/31/24)
Avi SchroederPres.(Pres.Elect Thru 7/31/24)
Bruno SarmentoSecretary (from 8/1/24)
Paolo CalicetiTreasurer (Elect Thru 7/31/24)
Stephanie BarrettTreasurer (Thru 7/31/24)
Bastiaan de LeeuwTreasurer Elect (from 8/1/24)

Highest Paid Contractors

ContractorServicesLocationCompensation
Association Headquarters IncManagement COMPANY1120 Route 73 Suite 200, Mount Laurel, NJ 08054, It$786,044
Bologna Congressi SrlAnnual Meeting Convn-$660,377
Revenue and Support

Revenue Composition

Contributions and Grants
$31,000
Program Service Revenue
$2,055,217
Investment Income
$114,276
Other Revenue
$8,476
All Other Contributions
$31,000
Change in Net Assets
$316,563

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,197,984
Revenue Not Reported on Financial Statements
$10,985
Revenue Not Reported on Form 990
$83,924
Total Revenue per Audited Statements
$2,281,908
Total Revenue per Form 990
$2,208,969
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,815,176
Grants and Similar Amounts Paid$77,230
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$645,671--$645,671
Fees for Services Management$299,015$311,218$0$610,233
Advertising$167,221$16,520-$183,741
Office Expenses$84,987$14,768-$99,755
Travel$62,527$28,162-$90,689
Foreign Grants$70,009--$70,009
Fees for Services Accounting-$11,814-$11,814
Fees for Service Investment Mgmnt Fees-$10,985-$10,985
All Other Expenses$2,554$7,608-$10,162
Information Technology$6,124$1,315-$7,439
Grants to Domestic Individuals$7,000--$7,000
Other Expenses$1,194$3,554-$4,748
Grants to Domestic Orgs$221--$221
Total Functional Expenses$1,478,819$413,587$0$1,892,406

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,892,406
Expenses per Audited Statements$1,881,421
Total Expenses per Audited Statements$1,881,421
Expenses Not Reported on Financial Statements$10,985
International Activity

International Summary

Offices
0
Employees
0
Spending
$70,009

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)GrantmakingAwards and Travel Gran00$43,146
East Asia and the PacificGrantmakingAwards and Travel Gran00$12,400
South AmericaGrantmakingAwards and Travel Gran00$4,000
South AsiaGrantmakingAwards and Travel Gran00$3,681
North AmericaGrantmakingAwards and Travel Gran00$2,500
Sub-Saharan AfricaGrantmakingAwards and Travel Gran00$2,282
Middle East and North AfricaGrantmakingAwards and Travel Gran00$2,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 3:

“Delegation or management duties to management company. Crs receives various management services including those related to general administration, meetings and financial services from association headquarters, inc.”

FORM 990, PART VI, SECTION A, LINE 6:

“Organization with members there are 7 classes of membership as follows: member, student or post doctorate member, emeritus, fellow, honrary member, business partner and government members, of which honorary members are not voting.”

FORM 990, PART VI, SECTION A, LINE 7A:

“Election of members of the governing body the organization has members who elect the governing body.”

FORM 990, PART VI, SECTION A, LINE 7B:

“Governance decisions of the organization decisions of the governing body are subject to approval by the members.”

FORM 990, PART VI, SECTION B, LINE 11B:

“Review of form 990 the 990 is reviewed by the treasurer of the organization. Once the treasurer's review is complete, the 990 is emailed to each voting board member for their review. The 990 is also placed on the internal board website for review.”

FORM 990, PART VI, SECTION B, LINE 12C:

“The controlled release society's conflict of interest policy is reviewed annually by the board of directors. Each director or officer shall annually complete a disclosure form identifying any relationships, positions, or circumstances in which he or she is involved that is believed could contribute to a conflict of interest. The executive director monitors disclosures. In the event a conflict is identified, the executive committee will be notified to review and assess the case and proceed in accordance with the organization's policy. The board of directors has the ultimate authority to make decisions regarding conflicts of interest including recusal from deliberation and voting if a conflict is identified, in accordance with the organization's policy.”

FORM 990, PART VI, SECTION C, LINE 19:

“Form 990, part vi, section c, line 19: public availability of other documents the organization makes its financial statements, form 990 and governing documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Controlled Release Society Inc
EIN
31-0940935
In Care Of
% ASSOCIATION HEADQUARTERS IN
Phone
8563806910
Address
1120 Route 73 Suite 200, Mount Laurel, NJ 08054

Signing Officer

Name
Bastiaan de Leeuw
Title
Treasurer - Elect
Phone
8563806910
Signed
2025-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Avi Schroeder
Formed
1978
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Withumsmithbrown Pc
Address
1835 MARKET STREET SUITE 1710, PHILADELPHIA, PA 19103-2945
Preparer
Richard Ruvelson
Phone
2155462140
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Gaap requires entities to evaluate, measure, recognize and disclose any uncertain income tax positions. Gaap prescribes a minimum threshold that a tax position is required to meet in order to be recognized in the financial statements. Crs believes that it had no uncertain tax positions as defined in gaap.”

Raw XML AppendixShowing 400 of 708 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm1Twan Lammers
IRS990/Form990PartVIISectionAGrp/PersonNm2Avi Schroeder
IRS990/Form990PartVIISectionAGrp/PersonNm3Stephanie Barrett
IRS990/Form990PartVIISectionAGrp/PersonNm4Maria Vicent
IRS990/Form990PartVIISectionAGrp/PersonNm5Bruno Sarmento
IRS990/Form990PartVIISectionAGrp/PersonNm6Paolo Caliceti
IRS990/Form990PartVIISectionAGrp/PersonNm7Maria-Teresa Peracchia
IRS990/Form990PartVIISectionAGrp/PersonNm8Ryan Donnelly
IRS990/Form990PartVIISectionAGrp/PersonNm9Yoon Yeo
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Past President (Thru 7/31/24)
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IRS990/MissionDesc0CRS CREATES AN INCLUSIVE SCIENTIFIC COMMUNITY THAT ADVANCES RESEARCH, TECHNOLOGY, EDUCATION, AND NETWORKING IN THE FIELD OF DELIVERY SCIENCE WORLDWIDE.
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IRS990/ProgSrvcAccomActy3Grp/Desc0JOURNALS AND PUBLICATIONS ALLOW FOR THE DISSEMINATION OF INFORMATION ON BIOACTIVES.
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