Civic Intelligence

Association for Molecular Pathology Inc.

990 • Fiscal year 2017 • EIN 31-1671642

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

6120 Executive Blvd No 700Rockville, MD 20852

(301) 634-7987

Siviq Scores

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

Liabilities / Assets

35th percentile

0.10x

Higher debt load relative to assets than 35% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

48th percentile

0.22x

Higher debt load relative to revenue than 48% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

76th percentile

16%

Higher net margin than 76% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

79th percentile

$296,301

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

84th percentile

21%

Faster asset growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

22nd percentile

-5.5%

Faster revenue growth than 22% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$10,869,927

Up $1,864,771 (+21%) from 2016

Net Assets

Up

$9,817,523

Up $1,262,247 (+15%) from 2016

Liabilities

Up

$1,052,404

Up $602,524 (+134%) from 2016

Revenue

Down

$4,884,083

Down $282,105 (-5.5%) from 2016

Expenses

Up

$4,079,087

Up $284,411 (+7.5%) from 2016

Net Income

Down

$804,996

Down $566,516 (-41%) from 2016

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 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 2017: $10,869,927Liabilities 2017: $1,052,404Net Assets 2017: $9,817,5232017Assets 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

2017

Assets$10,869,927
Liabilities$1,052,404
Net Assets$9,817,523

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 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 2017: $4,884,083Expenses 2017: $4,079,087Net Income 2017: $804,9962017Revenue 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

2017

Revenue$4,884,083
Expenses$4,079,087
Net Income$804,996
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$4,884,083
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$6,643,840$7,685,074▲ $1,041,234
Cash and Non-Interest-Bearing Accounts$2,062,689$2,709,554▲ $646,865
Accounts Receivable$151,969$156,114▲ $4,145
Land, Buildings, and Equipment, Net$55,130$72,810▲ $17,680
Total Assets$9,005,156$10,869,927▲ $1,864,771
Other Assets Total$91,528$246,375▲ $154,847
Liabilities
Deferred Revenue$163,050$613,325▲ $450,275
Accounts Payable and Accrued Expenses$283,794$439,079▲ $155,285
Other Liabilities$3,036$0▼ $3,036
Total Liabilities$449,880$1,052,404▲ $602,524
Net Assets / Fund Balance
Unrestricted Net Assets$8,555,276$9,817,523▲ $1,262,247
Total Net Assets Fund Balance$8,555,276$9,817,523▲ $1,262,247
Total Liabilities and Net Assets / Fund Balance$9,005,156$10,869,927▲ $1,864,771

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$59,790$90,644$150,434
Leasehold Improvements$13,020-$13,020
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary Steele Williams Mna Mt AscpsmExecutive DirectorFT$224,859$71,442$296,301
Lauren S MenserDirector of Strategic DevelopmentFT$115,042$19,966$135,008
Tara BurkeSr. Director, Public Policy & AdvocacyFT$111,301$18,817$130,118
Robyn Temple-smolkinDirector Clinical/scientific AfFT$116,623$12,916$129,539
Lucia BarkerDirector, Education ProgramsFT$107,157$18,604$125,761
Sara HamiltonDirector of Meetings & ExhibitsFT$104,595$18,404$122,999

Board Members and Trustees

NameTitle
Birgit Funke PhdGenetics Subdivision Chair
Daniel E Sabath Md PhdProgram Committee Chair
Laura J Tafe MdSolid Tumors Subdivision Chair
Charles E Hill Md PhdPast President
Federico a Monzon MdPresident
Kojo S J Elenitoba-johnson MdPresident-elect
Antonia R Sepulveda Md PhdClnical Practice Committee
Samuel K Caughron MdEconomic Affairs Committee
Todd W Kelley MdHematopathology Subdivisio
David R Hillyard MdInfectious Diseases Subdiv
Alexis B Carter MdInformatics Subdivision Ch
Ron M Przygodzki MdMembership Affairs Committ
Roger D Klein Md JdProfessional Relations COM
Jane Gibson PhdPublication/communication
Andrea Ferreira-gonzalez PhdSecretary-treasurer
Annette Kim Md PhdTraining & Education Comm

Highest Paid Contractors

ContractorServicesLocationCompensation
Utah Food ServicesFood & Beverage For Annual Meeting100 SOUTH WEST TEMPLE, Salt Lake City, UT 84101$287,212
Cavarocchi Ruscio Dennis AssocGovernment Relations600 MARYLAND AVENUE SUITE 835W, Washington, DC 20024$229,534
Freeman Audio Visual INCEvent TechnologyPO BOX 650519, Dallas, TX 75265-0519$181,420
The Expo Group LPServices/equipment For Annual Meeting5931 CAMPUS CIRCLE DRIVE, Irving, TX 75063$130,544
Revenue and Support

Revenue Composition

Contributions and Grants
$479,220
Program Service Revenue
$4,280,625
Investment Income
$121,202
Other Revenue
$3,036
All Other Contributions
$479,220
Change in Net Assets
$804,996

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,884,083
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$457,251
Total Revenue per Audited Statements
$5,341,334
Total Revenue per Form 990
$4,884,083
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,277,689
Salaries, Compensation, and Employee Benefits$1,770,378
Grants and Similar Amounts Paid$31,020
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$668,068$459,473-$1,127,541
Conferences and Meetings$925,701$93,585-$1,019,286
Fees for Services Other$207,232$312,789-$520,021
Office Expenses$152,032$149,050-$301,082
Current Officers, Directors, Trustees, and Key Employees-$296,301-$296,301
Payroll Taxes$46,663$165,053-$211,716
Occupancy$3,087$123,128-$126,215
Pension Plan Contributions$59,419$41,139-$100,558
Advertising$31,659$26,756-$58,415
Fees for Services Accounting-$56,375-$56,375
Information Technology$20,836$21,000-$41,836
Fees for Service Investment Mgmnt Fees-$37,219-$37,219
Other Employee Benefits$34,262--$34,262
Grants to Domestic Individuals$31,020--$31,020
Insurance$11,761$13,130-$24,891
Depreciation Depletion-$16,574-$16,574
Fees for Services Legal-$5,835-$5,835
Other Expenses$4,828$3,000-$3,000
Total Functional Expenses$2,196,568$1,882,519$0$4,079,087

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,079,087
Total Expenses per Audited Statements$4,079,087
Total Expenses per Form 990$4,079,087
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
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: see www.amp.org/membership/index.cfm for additional descriptions. 1) regular members 2) technologist members 3) early career members 4) associate members (students, fellows, residents) 5) emeritus members (retired regular members) 1) regular members are individuals involved 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) technologist members are individuals involved in the clinical practice and/or research aspects of molecular diagnostics whose primary duties involve bench work, developing and/or performing tests. Technologist members are eligible to vote, to hold elected office, and to serve on amp committees. Dues rates for technologist members vary depending on the individual's country of residence and place of employment. Visit the membership dues rates page for details. 3) early career members are individuals who were associate members last year and are transitioning to regular member status. Dues rates for early career memebers vary depending on the individual's country of residence and place of employment. Visit the membership dues rates page for details. 4) 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. 5) 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 majority of 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 11B

Amp's form 990 is initially reviewed, in draft form, by the executive director.

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 bylaws are available on the amp website.

Filing and Contact Details

Filer

Filer Name
Association for Molecular Pathology Inc
EIN
31-1671642
Phone
3016347987
Address
6120 EXECUTIVE BLVD NO 700, ROCKVILLE, MD 20852

Signing Officer

Name
Mary Steele Williams
Title
Executive Director
Phone
3016347987
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Steele Williams
Formed
1999
Legal Domicile
Md
Voting Board Members
16
Independent Board Members
16
Employees
15
Volunteers
204

Preparer

Firm
Cherry Bekaert Llp
Address
4600 EAST WEST HWY STE 200, BETHESDA, MD 20814
Preparer
Raymond Barbagallo
Phone
3019513636
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Board training: program service expenses 16,000. Management and general expenses 5,992. Fundraising expenses 0. Total expenses 21,992. Faseb: program service expenses 0. Management and general expenses 35,666. Fundraising expenses 0. Total expenses 35,666. Contractual: program service expenses 191,232. Management and general expenses 271,131. Fundraising expenses 0. Total expenses 462,363.

Form 990, Part XII, Line 2C

The organization has not changed either its audit oversight process or selection process for an independent accountant.

Financial Statement Notes

PART X, LINE 2:

In 2009, the association adopted fasb interpretation no. 48 (fin 48) accounting for uncertainty 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 their estimate is appropriate based on current facts and circumstances. The association's tax returns are subject to audit by their 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 fin 48.

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IRS990/ActivityOrMissionDesc0ADVANCES 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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt20SR. DIRECTOR, PUBLIC POLICY & ADVOCACY
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR, EDUCATION PROGRAMS
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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/ProgramServiceRevenueGrp/Desc3JMD PROGRAM
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IRS990/ProgSrvcAccomActy2Grp/Desc0MEMBERSHIP SERVICES - WEBSITE, NEWSLETTERS, AWARDS, ETC.PROMOTE GENERAL EFFECTIVENESS AND PROVIDE A FORUM FOR DISCUSSION AND A MEANS OF EXCHANGING INFORMATION.
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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 OWNED WITH THE AMERICAN SOCIETY FOR INVESTIGATIVE PATHOLOGY (ASIP) 94-6079945. STARTING IN 2011, ELSEVIER BEGAN PUBLISHING JMD.

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