Civic Intelligence

Association for Molecular Pathology Inc.

990 • Fiscal year 2014 • EIN 31-1671642

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

9650 Rockville Pike No E205Bethesda, MD 20814

(301) 634-7939

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

52nd percentile

0.21x

Higher debt load relative to assets than 52% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

64th percentile

0.36x

Higher debt load relative to revenue than 64% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

70th percentile

11%

Higher net margin than 70% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

87th percentile

$285,619

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$7,150,449

No earlier filing loaded for comparison.

Net Assets

$5,647,867

No earlier filing loaded for comparison.

Liabilities

$1,502,582

No earlier filing loaded for comparison.

Revenue

$4,207,300

No earlier filing loaded for comparison.

Expenses

$3,730,861

No earlier filing loaded for comparison.

Net Income

$476,439

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2014: $7,150,449Liabilities 2014: $1,502,582Net Assets 2014: $5,647,8672014Assets 2015: $8,054,366Liabilities 2015: $1,116,352Net Assets 2015: $6,938,0142015Assets 2016: $9,005,156Liabilities 2016: $449,880Net Assets 2016: $8,555,2762016Assets 2018: $13,414,564Liabilities 2018: $3,098,733Net Assets 2018: $10,315,8312018Assets 2019: $15,492,214Liabilities 2019: $3,569,161Net Assets 2019: $11,923,0532019Assets 2020: $15,790,970Liabilities 2020: $3,512,859Net Assets 2020: $12,278,1112020Assets 2021: $16,458,574Liabilities 2021: $3,763,479Net Assets 2021: $12,695,0952021Assets 2022: $14,807,371Liabilities 2022: $2,524,028Net Assets 2022: $12,283,3432022Assets 2024: $15,519,539Liabilities 2024: $3,038,225Net Assets 2024: $12,481,3142024

Highlighted filing

2014

Assets$7,150,449
Liabilities$1,502,582
Net Assets$5,647,867

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2014: $4,207,300Expenses 2014: $3,730,861Net Income 2014: $476,4392014Revenue 2015: $4,770,256Expenses 2015: $3,385,727Net Income 2015: $1,384,5292015Revenue 2016: $5,166,188Expenses 2016: $3,794,676Net Income 2016: $1,371,5122016Revenue 2018: $5,985,958Expenses 2018: $5,050,953Net Income 2018: $935,0052018Revenue 2019: $6,294,779Expenses 2019: $5,590,657Net Income 2019: $704,1222019Revenue 2020: $3,937,280Expenses 2020: $4,415,312Net Income 2020: -$478,0322020Revenue 2021: $4,277,473Expenses 2021: $4,600,144Net Income 2021: -$322,6712021Revenue 2022: $8,898,005Expenses 2022: $5,788,053Net Income 2022: $3,109,9522022Revenue 2024: $6,277,389Expenses 2024: $7,491,195Net Income 2024: -$1,213,8062024

Highlighted filing

2014

Revenue$4,207,300
Expenses$3,730,861
Net Income$476,439
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$4,207,300
Mission and Program Overview

Mission

Advances the clinical practice, science, and excellence of molecular and genomic laboratory medicine through education, innovation, and advocacy to enable highest quality health care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,966,003$4,682,141▲ $1,716,138
Cash and Non-Interest-Bearing Accounts$1,894,148$2,212,843▲ $318,695
Prepaid Expenses and Deferred Charges$27,426$101,869▲ $74,443
Land, Buildings, and Equipment, Net$89,759$100,818▲ $11,059
Accounts Receivable$475,871$52,778▼ $423,093
Total Assets$5,453,207$7,150,449▲ $1,697,242
Liabilities
Accounts Payable and Accrued Expenses$251,280$950,661▲ $699,381
Deferred Revenue$154,720$543,170▲ $388,450
Other Liabilities$0$8,751▲ $8,751
Total Liabilities$406,000$1,502,582▲ $1,096,582
Net Assets / Fund Balance
Unrestricted Net Assets$5,047,207$5,647,867▲ $600,660
Total Net Assets Fund Balance$5,047,207$5,647,867▲ $600,660
Total Liabilities and Net Assets / Fund Balance$5,453,207$7,150,449▲ $1,697,242

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$100,818$24,939$125,757
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary Steele Williams Mna Mt AscpsmEx-officio-executive DirectorFT$246,191$39,428$285,619

Board Members and Trustees

NameTitle
Loren Joseph MdClinical Practice Committee Chair
Jan Nowak Md PhdEconomic Affairs Committee Co-chair
Madhuri Hedge PhdGenetics Subdivision Chair
Lynne Abruzzo Md PhdHematopathology Subdivision Chair
Helen Fernandes MdInfectious Diseases Subdivision Chair
Nirali Patel MdMembership Affairs Committee Chair
Jennifer L Hunt Md MedPast President/nominating Committee Chair
Roger D Klein Md JdProfessional Relations Committee Chair
Charles Hill Md PhdProgram Committee Chair
Min Fang Md PhdPublication & Communication Committee Chair
Shuji Ogino Md PhdSolid Tumors Subdivision Chair
Laura Tafe MdTraining & Education Committee Chair
Elaine LyonphdPresident
Janina Longtine MdPresident-elect
Vivianna Van Deerlin Md PhdSecretary-treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Health Futures LLCGovernment Relations600 MARYLAND AVENUE SW SUITE 835W, Washington, DC 20024$183,724
Boston Healthcare Associates INCConsulting75 FEDERAL STREET 9TH FLOOR, Boston, MA 02110$132,394
Revenue and Support

Revenue Composition

Contributions and Grants
$268,900
Program Service Revenue
$3,871,379
Investment Income
$67,021
Other Revenue
$0
Change in Net Assets
$476,439

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,207,300
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,207,300
Total Revenue per Form 990
$4,207,300
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,551,248
Salaries, Compensation, and Employee Benefits$1,149,513
Grants and Similar Amounts Paid$30,100
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$963,511$79,369-$1,042,880
Comp Disqual Persons$414,667$318,969-$733,636
Fees for Services Other$80,028$266,047-$346,075
Pension Plan Contributions$36,588$119,024-$155,612
Other Employee Benefits$32,242$105,524-$137,766
Payroll Taxes$27,359$95,140-$122,499
Occupancy-$108,438-$108,438
Other Expenses$75,047$6,573-$81,620
Fees for Services Accounting-$64,790-$64,790
All Other Expenses$18,945$38,121-$57,066
Information Technology$5,198$40,746-$45,944
Advertising$18,701$14,729-$33,430
Grants to Domestic Individuals$30,100--$30,100
Fees for Service Investment Mgmnt Fees-$26,268-$26,268
Depreciation Depletion-$24,121-$24,121
Office Expenses$1,740$18,788-$20,528
Fees for Services Lobbying-$20,470-$20,470
Insurance$6,812$6,780-$13,592
Fees for Services Legal-$2,478-$2,478
Total Functional Expenses$1,872,527$1,858,334$0$3,730,861

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,730,861
Total Expenses per Audited Statements$3,730,861
Total Expenses per Form 990$3,730,861
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due To/from Asip$8,751
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The following are amp's membership categories: 1) regular members 2) associate members (students, fellows, residents) 3) emeritus members (retired regular members) 1) regular members are individuals interested in the educational, medical, scientific, economic, and/or regulatory aspects of molecular diagnostics, including but not limited to pathologists, clinical laboratory scientists, technologists, clinicians and other health care personnel, government employees, especially those involved in regulation of the field, and professionals in the in vitro diagnostics industry. Regular members are eligible to vote, to hold elected office, and to serve on amp committees. Dues rates for regular members vary depending on the individual's country of residence and place of employment. Visit the membership dues rates page for details. 2) associate membership is open to students, postdoctoral fellows, and residents at a reduced rate. Associate membership carries all the benefits of full membership except holding elected office and voting rights in amp elections. Associate members are eligible to be considered for a junior member position on the committees. Candidates for associate membership must include communication from their program director certifying the applicant's trainee status. Associate members have the option to purchase a print subscription to the journal of molecular diagnostics to supplement the complementary online subscription. Visit the membership dues rates page for details. 3) emeritus membership is open to regular members who are retired and are no longer receiving either full or part-time salary from an institution, company or organization. Candidates for this category must have been a regular amp member for at least the five consecutive years immediately preceding application for emeritus status. Emeritus membership carries all the benefits of full membership except the ability to run for elected office or vote in society elections. Note: amp reserves the right to activate or inactivate memberships, in accordance with amp bylaws and operating procedures.

Form 990, Part VI, Section A, Line 7A

The board of directors is elected by amp's membership. Only amp's regular members may run for office.

Form 990, Part VI, Section B, Line 11

Amp's form 990 is initially reviewed, in draft form, by the executive director. After that review, the executive director emails the final version of the 990 to the executive committee for review/comment prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

The conflicts of interest disclosure reports are given to the executive director. The executive director then monitors the issues and alerts the president and relevant committee chair of any apparent conflicts.

Form 990, Part VI, Section B, Line 15A

The compensation of the executive director is approved by the board of directors.

Form 990, Part VI, Section C, Line 19

Amp's governing documents and bylaws are available on the amp website.

Filing and Contact Details

Filer

Filer Name
Association for Molecular Pathology Inc
EIN
31-1671642
Phone
3016347939
Address
9650 ROCKVILLE PIKE NO E205, BETHESDA, MD 20814

Signing Officer

Name
Mary Steele Williams
Title
Executive Director
Phone
3016347939
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Steele Williams
Formed
1999
Legal Domicile
Md
Voting Board Members
15
Independent Board Members
15
Employees
10
Volunteers
140

Preparer

Firm
Cherry Bekaert Llp
Address
3 BETHESDA METRO CENTER SUITE 600, BETHESDA, MD 20814
Preparer
J Scott Denlinger
Phone
3019513636
Supplemental Narrative

Financial Statement Notes

Part X - Fin 48 Footnote

In 2009, the association adopted fasb interpretation no. 48 (fin48) accounting for uncertainity in income taxes, that clarifies the accounting and recognition for income tax positions taken or expected to be taken in the association's income tax returns. In evaluating the association's tax provisions and accruals, management considers future taxable income, the reversal of temporary differences, interpretations, and tax planning strategies. The association believes the estimate is appropriate based on current facts and circumstances. The association's tax returns are subject to audit by the respective taxing authorities for the prior three years. There was no impact to the association's financial statements as a result of the implementation of fin48.

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IRS990/Form990PartVIISectionAGrp/TitleTxt11GENETICS SUBDIVISION CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12HEMATOPATHOLOGY SUBDIVISION CHAIR
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IRS990/MissionDesc0ADVANCES THE CLINICAL PRACTICE, SCIENCE, AND EXCELLENCE OF MOLECULAR AND GENOMIC LABORATORY MEDICINE THROUGH EDUCATION, INNOVATION, AND ADVOCACY TO ENABLE HIGHEST QUALITY HEALTH CARE.
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IRS990/ProgSrvcAccomActy3Grp/Desc0SEE SCHEDULE OTHE JOURNAL OF MOLECULAR DIAGNOSTICSTHIS IS THE OFFICIAL JOURNAL OF AMP. THERE WERE SIX ISSUES. THESE ISSUES HAVE ORIGINAL, HIGH-QUALITY MANUSCRIPTS ON SCIENTIFIC ADVANCES IN THE TRANSLATION AND VALIDATION OF MOLECULAR DISCOVERIES IN MEDICINE INTO THE CLINICAL DIAGNOSTIC SETTING, AND THE DESCRIPTION AND APPLICATION OF TECHNOLOGICAL ADVANCES IN THE FIELD OF MOLECULAR DIAGNOSTIC MEDICINE.EVERY PUBLISHED MANUSCRIPT IS SCIENTIFICALLY PEER REVIEWED.JMD IS JOINTLY OWEND WITH THE AMERICAN SOCIETY FOR INVESTIGATIVE PATHOLOGY (ASIP) 94-6079945. STARTING IN 2011, ELSEVIER BEGAN PUBLISHING JMD.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0MOLECULAR GENETIC PATHOLOGY REVIEW COURSEAMP HAD ITS FIRST MGP REVIEW COURSE IN 2007. IT THEN HAD A LIVE EVENT IN 2009, 2011 AND 2013.THE COURSE ITSELF FEATURES 3 1/2 DAYS OF INTENSE UPDATE AND REVIEW OF MOLECULAR DIAGNOSTICS THAT IS PRIMARILY FOCUSED ON PREPARATION FOR THE MOLECULAR GENETIC PATHOLOGY (MGP) SUBSPECIALTY CERTIFICATION EXAM, AS WELL AS OTHER CERTIFICATION EXAMS. PARTICIPANTS HAVE THE OPPORTUNITY TO LEARN DIRECTLY FROM RECOGNIZED EXPERTS IN MOLECULAR PATHOLOGY, MOST OF WHOM HOLD MGP CERTIFICATION. A SPECIAL FEATURE IS AN ONLINE PRE-TEST, WITH SPECIAL TEST DISCUSSION SESSIONS DURING THE COURSE.THE OBJECTIVES OF THE AMP MGP REVIEW COURSE ARE:- TO ASSIST ATTENDEES' PREPARATION FOR THE MGP SUBSPECIALTY CERTIFICATION EXAM (OFFERED JOINTLY BY THE AMERICAN BOARD OF PATHOLOGY AND THE AMERICAN BOARD OF MEDICAL GENETICS), AS WELL AS OTHER CERTIFICATION EXAMS IN MOLECULAR PATHOLOGY AND MOLECULAR GENETICS, AND- TO INCREASE BASIC AND APPLIED PATHOLODY KNOWLEDGE, FOCUSING ON THE MOLECULAR PATHOGENEIS, DIAGNOSIS, PROGNOSIS AND TREATMENT OF DISEASE.TOPICS INCLUDE:- TOOLS & TECHNIQUES- MOLECULAR ONCOLOGY- PHARMACOGENETICS- CYTOGENETICS- BAYESIAN ANALYSIS- MOLECULAR HEMATOPATHOLOGY- MOLECULAR PATHOLOGY OF MICROBIOLOGY- INHERITED CONDITIONS- REGULATORY AND REIMBURSEMENT ISSUES- LAB MANAGEMENT AND VALIDATIONDISCLAIMER: AMP MAKES NO GUARANTEE OR ASSURANCES THAT COMPLETION OF ITS COURSE OR PARTICIPATION IN ANY EDUCATIONAL ACTIVITY WILL IN ANY MANNER ENSURE A PASSING SCORE ON ANY CERTIFICATION EXAMINATION OR ACTIVITY POST-TEST, OR ACHIEVEMENT OF CERTIFICATION STATUS.THE AMP MOLECULAR GENETIC PATHOLOGY REVIEW COURSE, ONLINE AND FACE-TO-FACE, IS AN EDUCATIONAL PROGRAM PROVIDED BY THE ASSOCIATION FOR MOLECULAR PATHOLOGY, (AMP), AND IS NOT SPONSORED OR ENDORSED BY THE AMERICAN BOARD OF PATHOLOGY, (ABP), OR THE AMERICAN BOARD OF MEDICAL GENETICS, (ABMG).WEBINARSTEST DIRECTORYAMP MAINTAINS THIS DIRECTORY AS A SERVICE TO ITS MEMBERS AND THE PUBLIC. AMP MEMBERS VOLUNTARILY LIST THEIR LABORATORIES AND RESEARCH OR CLINICAL MOLECULAR TESTS FOR INCLUSION IN THIS DIRECTORY. THE AMP TEST DIRECTORY IS NOT A COMPREHENSIVE LIST OF MEMBERS WHOSE LABORATORIES PROVIDE TESTING. THIS INFORMATION IS AVAILABLE TO IDENTIFY LABORATORIES THAT MIGHT SERVE A GIVEN NEED. ALL INFORMATION IS COPYRIGHT PROTECTED AND THE INFORMATION CONTAINED HERIN IS NOT TO BE USED FOR COMMERCIAL PURPOSES.
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