Civic Intelligence

Association for Molecular Pathology Inc.

990 • Fiscal year 2019 • EIN 31-1671642

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

6120 Executive Blvd Suite 700Rockville, MD 20852

(301) 634-7987

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.23x

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

71st percentile

0.57x

Higher debt load relative to revenue than 71% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

70th percentile

11%

Higher net margin than 70% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

82nd percentile

$330,314

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

78th percentile

15%

Faster asset growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

54th percentile

5.2%

Faster revenue growth than 54% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$15,492,214

Up $2,077,650 (+15%) from 2018

Net Assets

Up

$11,923,053

Up $1,607,222 (+16%) from 2018

Liabilities

Up

$3,569,161

Up $470,428 (+15%) from 2018

Revenue

Up

$6,294,779

Up $308,821 (+5.2%) from 2018

Expenses

Up

$5,590,657

Up $539,704 (+11%) from 2018

Net Income

Down

$704,122

Down $230,883 (-25%) from 2018

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 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

2019

Assets$15,492,214
Liabilities$3,569,161
Net Assets$11,923,053

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 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

2019

Revenue$6,294,779
Expenses$5,590,657
Net Income$704,122
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.1
Gross Receipts
$6,294,779
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$8,383,214$9,970,289▲ $1,587,075
Cash and Non-Interest-Bearing Accounts$2,167,651$2,689,514▲ $521,863
Intangible Assets$2,159,478$1,984,221▼ $175,257
Accounts Receivable$210,769$418,615▲ $207,846
Prepaid Expenses and Deferred Charges$299,005$227,678▼ $71,327
Land, Buildings, and Equipment, Net$147,649$162,699▲ $15,050
Total Assets$13,414,564$15,492,214▲ $2,077,650
Other Assets Total$46,798$39,198▼ $7,600
Liabilities
Other Liabilities$2,322,602$2,291,506▼ $31,096
Deferred Revenue$412,554$970,247▲ $557,693
Accounts Payable and Accrued Expenses$363,577$307,408▼ $56,169
Total Liabilities$3,098,733$3,569,161▲ $470,428
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,122,115$11,712,344▲ $1,590,229
Net Assets With Donor Restrictions$193,716$210,709▲ $16,993
Total Net Assets Fund Balance$10,315,831$11,923,053▲ $1,607,222
Total Liabilities and Net Assets / Fund Balance$13,414,564$15,492,214▲ $2,077,650

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$149,679$137,165$286,844
Leasehold Improvements$13,020-$13,020
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary Steele Williams Mna Mt AscpsmExecutive DirectorFT$283,087$47,227$330,314
Tara BurkeSr. Director, Public PolicFT$185,212$26,771$211,983
Lauren S MenserDirector of Strategic DeveFT$141,333$21,429$162,762
Robyn Temple-smolkinDirector Clinical/scientific AfFT$123,535$32,762$156,297
Lucia BarkerDirector, Education PrograFT$133,670$13,562$147,232
Sara HamiltonDirector of Meetings & ExhFT$125,924$20,155$146,079

Board Members and Trustees

NameTitle
Thomas W Prior PhdGenetics Subdivision Chair
Rami Mahfouz Md MphInternational Affairs Committee Chair
Kojo Sj Elentoba-johnsonPast President & Nominating Committee Chair
Neal Linderman MdProgram Committee Chair
Victoria M Pratt PhdPresident
Karen Weck MdPresident-elect & Awards & Stragegic Opp Comm Ch
Dan Jones Md PhdClnical Practice Committee
Samuel K Caughron MdEconomic Affairs Committee
Annette Kim Md PhdHematopathology Subdivisio
Frederick S Nolte PhdInfectious Diseases Subdiv
Somak Roy MdInformatics Subdivision Ch
Midhat S Farooqi Md MphMembership Affairs Committ
Jordan Laser MdProfessional Relations COM
Paul G Rothberg PhdPublication/communication
Daniel E Sabath Md PhdSecretary-treasurer
Roger D Klein Md JdSolid Tumors Subdivision C
Cecilia Cs Yeung MdTraining & Education Comm

Highest Paid Contractors

ContractorServicesLocationCompensation
Volume Services America INC Dba CenterFood/bev-annual Meeting1 WEST PRATT STREET, Baltimore, MD 21201$387,243
Projection Video Services INCEvent Technology5803 ROLLING ROAD SUITE 207, Springfield, VA 22152$198,962
Innovation Policy Solutions LLCGovernment Relations1012 14TH STREET NW SUITE 500, Washington, DC 20005$159,338
The Expo Group INCServices/equipment For Annual Meeting5931 CAMPUS CIRCLE DRIVE, Irving, TX 75063$131,256
Cavarocchi Ruscio Dennis Assoc LLCGovernment Relations600 MARYLAND AVENUE SUITE 835W, Washington, DC 20024$110,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,061,239
Program Service Revenue
$5,011,612
Investment Income
$221,538
Other Revenue
$390
All Other Contributions
$660,511
Change in Net Assets
$704,122

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,257,420
Revenue Not Reported on Financial Statements
$37,359
Revenue Not Reported on Form 990
$903,100
Total Revenue per Audited Statements
$7,160,520
Total Revenue per Form 990
$6,294,779
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,339,882
Salaries, Compensation, and Employee Benefits$2,211,375
Grants and Similar Amounts Paid$39,400
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$1,702,758$59,857-$1,762,615
Other Salaries and Wages$1,280,654$183,437-$1,464,091
Fees for Services Other$525,586$110,706-$636,292
Occupancy$145,688$246,607-$392,295
Current Officers, Directors, Trustees, and Key Employees-$330,314-$330,314
Office Expenses$88,718$139,605-$228,323
Other Employee Benefits$140,716$24,171-$164,887
Pension Plan Contributions$116,730$17,881-$134,611
Payroll Taxes$87,355$30,117-$117,472
Advertising$72,196$11,021-$83,217
Fees for Services Accounting$2,894$58,340-$61,234
Fees for Service Investment Mgmnt Fees-$37,359-$37,359
Depreciation Depletion-$33,782-$33,782
Insurance$14,407$18,302-$32,709
Information Technology-$29,000-$29,000
Foreign Grants$21,100--$21,100
Grants to Domestic Individuals$18,300--$18,300
Other Expenses$3,000$37,738-$3,000
Fees for Services Legal-$2,318-$2,318
Total Functional Expenses$4,220,102$1,370,555$0$5,590,657

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,590,657
Expenses per Audited Statements$5,553,298
Total Expenses per Audited Statements$5,553,298
Expenses Not Reported on Financial Statements$37,359
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$516,315

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
East Asia and the PacificProgram ServicesGlobal Congress 201900$516,315
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
Lease Liabilty$2,291,506
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
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/join-renewal/ 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 complimentary 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 SUITE 700, ROCKVILLE, MD 20852

Signing Officer

Name
Mary Steele Williams
Title
Executive Director
Phone
3016347987
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Steele Williams
Formed
1999
Legal Domicile
Md
Voting Board Members
17
Independent Board Members
17
Employees
18
Volunteers
244

Preparer

Firm
Cherry Bekaert Llp
Address
6116 EXECUTIVE BLVD STE 600, ROCKVILLE, MD 20852
Preparer
Raymond Barbagallo
Phone
3015899000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional development: program service expenses 0. Management and general expenses 16,571. Fundraising expenses 0. Total expenses 16,571. Faseb: program service expenses 0. Management and general expenses 34,469. Fundraising expenses 0. Total expenses 34,469. Contractual: program service expenses 525,586. Management and general expenses 59,666. Fundraising expenses 0. Total expenses 585,252.

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/Desc0EDUCATION - SEE SCHEDULE O FOR COMPLETE DESCRIPTIONSCIENTIFIC SYMPOSIA AND MEETINGSTHE ORGANIZATION BRINGS TOGETHER SCIENTISTS FOR THE PROMOTION OF CLINICAL PRACTICE, BASIC RESEARCH, AND EDUCATION IN MOLECULAR PATHOLOGY.THIS YEAR, THE 25TH ANNUAL MEETING WAS HELD IN BALTIMORE, MARYLAND. THIS THREE-DAY EVENT FEATURED MORE THAN 25 HOURS OF CUTTING-EDGE SESSIONS, A KEYNOTE PRESENTATION BY THE AMP 2019 AWARD FOR EXCELLENCE RECIPIENT, MORE THAN 401 POSTERS, 172 EXHIBITORS, AND COUNTLESS OPPORTUNITIES TO INTERACT DIRECTLY WITH COLLEAGUES. THERE WERE 2,152 REGISTRANTS AND 146 SPEAKERS.AMP PUTS ON A MOLECULAR COURSE FOR COMMUNITY PATHOLOGISTS CALLED THE MOLECULAR PATHOLOGY OUTREACH COURSE - AMPLICONS: A PRACTICAL MOLECULAR TOOLKIT AND CASE STUDIES. SINCE NEW MODELS OF MEDICAL PRACTICE ARE EVOLVING WITH INCREASING ATTENTION TO THE MOLECULAR PATHOLOGY OF DISEASES, THE INTRODUCTION OF MOLECULAR TESTING INTO CLINICAL LABORATORIES HAS INCREASED OUR ABILITY TO PROVIDE NOVEL TYPES OF INFORMATION TO HEALTH CARE PROVIDERS. THIS COURSE DISCUSSES CURRENT MOLECULAR HOT TOPICS, REVIEWS PREANALYTICAL VARIABLES THAT IMPACT MOLECULAR TESTING, REVIEWS CURRENT MOLECULAR TECHNOLOGY INCLUDING THE APPLICATION OF NOVEL TECHNOLOGIES SUCH AS NEXT GENERATION SEQUENCING AND INFORMATICS. AFTERWARDS, FACULTY MEMBERS PRESENT AN IMMERSIVE NGS WORKSHOP OF CASE STUDIES WHERE PARTICIPANTS WORK THROUGH NGS CASES IN CLINICAL GENETICS, SOLID TUMORS, HEMATOPATHOLGY AND INFECTIOUS DISEASES.MOLECULAR GENETIC PATHOLOGY REVIEW COURSE - AMP HAD ITS FIRST MGP REVIEW COURSE IN 2007. THE LIVE EVENT WAS THEN HELD BIANNUALLY, MOST RECENTLY IN 2019. THE 2019 LIVE EVENT WAS RECORDED AND OFFERED AS AN ONLINE COURSE WITH REVENUE ACCOUNTED FOR IN ONLINE EDUCATION. 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 CERTIFICATON 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 PATHOLOGY KNOWLEDGE, FOCUSING ON THE MOLECULAR PATHOGENEIS, DIAGNOSIS, PROGNOSIS AND TREATMENT OF DISEASE.TOPICS INCLUDE:- MOLECULAR TECHNIQUES AND LAB METHODS- NGS PLATFORMS AND INFORMATICS- IDENTITY TESTING- HLA TRANSPLANT TESTING- INHERITED CONDITIONS- PHARMACOGENOMICS- CYTOGENETICS- MOLECULAR ONCOLOGY- MOLECULAR HEMATOPATHOLOGY- INFECTIOUS DISEASES- QUALITY ASSURANCE AND LAB REGULATION- LAB MANAGEMENTDISCLAIMER: 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).GLOBAL CONGRESS- THE SECOND GLOBAL CONGRESS WAS HELD MAY 16-18, 2019 IN HONG KONG WITH 496 DELEGATES, 25 EXHIBITORS AND 135 ABSTRACTS. AWARDS WERE PRESENTED FOR TRAVEL SUPPORT AND YOUNG INVESTIGATOR POSTER PRESENTATION.ONLINE EDUCATION - AMP LAUNCHED "AMPED", ITS ONLINE LEARNING MANAGEMENT SYSTEM IN 2018 WITH A LARGE SELECTION OF MOLECULAR PATHOLOGY OFFERINGS, INCLUDING WEBINARS, COURSES, AND MEETING HIGHLIGHTS. MOST OF THE OFFERINGS INCLUDE CONTINUING MEDICAL EDUCATION CREDITS FO
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