Civic Intelligence

Pharmaceutical Management Science Association

990 • Fiscal year 2023 • EIN 52-1589882

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 07, 2023

Organization ProfilePMSA.ORG
1024 Capital Center Drive 205Frankfort, KY 40601

(859) 899-9130

Siviq Scores

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

Liabilities / Assets

34th percentile

0.06x

Higher debt load relative to assets than 34% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

26th percentile

0.04x

Higher debt load relative to revenue than 26% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

88th percentile

25%

Higher net margin than 88% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

27th percentile

$0

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Asset Growth

97th percentile

82%

Faster asset growth than 97% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

97th percentile

132%

Faster revenue growth than 97% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$972,313

Up $437,940 (+82%) from 2022

Net Assets

Up

$913,439

Up $409,892 (+81%) from 2022

Liabilities

Up

$58,874

Up $28,048 (+91%) from 2022

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin88th percentile

Revenue

Up

$1,626,966

Up $926,338 (+132%) from 2022

Expenses

Up

$1,226,570

Up $635,029 (+107%) from 2022

Net Income

Up

$400,396

Up $291,309 (+267%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $244,494Liabilities 2011: $0Net Assets 2011: $244,4942011Assets 2012: $264,683Liabilities 2012: $0Net Assets 2012: $264,6832012Assets 2013: $259,484Liabilities 2013: $0Net Assets 2013: $259,4842013Assets 2014: $305,567Liabilities 2014: $0Net Assets 2014: $305,5672014Assets 2015: $412,262Liabilities 2015: $25,000Net Assets 2015: $387,2622015Assets 2016: $536,191Liabilities 2016: $0Net Assets 2016: $536,1912016Assets 2018: $404,139Liabilities 2018: $0Net Assets 2018: $404,1392018Assets 2019: $476,460Liabilities 2019: $0Net Assets 2019: $476,4602019Assets 2020: $556,275Liabilities 2020: $0Net Assets 2020: $556,2752020Assets 2021: $434,485Liabilities 2021: $40,025Net Assets 2021: $394,4602021Assets 2022: $534,373Liabilities 2022: $30,826Net Assets 2022: $503,5472022Assets 2023: $972,313Liabilities 2023: $58,874Net Assets 2023: $913,4392023Assets 2024: $1,294,345Liabilities 2024: $80,990Net Assets 2024: $1,213,3552024

Highlighted filing

2023

Assets$972,313
Liabilities$58,874
Net Assets$913,439
Open 2023 Filing

Operations Trend

Revenue Growth97th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $445,318Expenses 2011: $439,623Net Income 2011: $5,6952011Expenses 2012: $482,3932012Revenue 2013: $416,674Expenses 2013: $421,873Net Income 2013: -$5,1992013Revenue 2014: $469,226Expenses 2014: $423,143Net Income 2014: $46,0832014Revenue 2015: $577,132Expenses 2015: $495,437Net Income 2015: $81,6952015Revenue 2016: $726,991Expenses 2016: $578,062Net Income 2016: $148,9292016Revenue 2018: $729,295Expenses 2018: $866,865Net Income 2018: -$137,5702018Revenue 2019: $931,309Expenses 2019: $858,988Net Income 2019: $72,3212019Revenue 2020: $494,052Expenses 2020: $414,237Net Income 2020: $79,8152020Revenue 2021: $67,395Expenses 2021: $221,327Net Income 2021: -$153,9322021Revenue 2022: $700,628Expenses 2022: $591,541Net Income 2022: $109,0872022Revenue 2023: $1,626,966Expenses 2023: $1,226,570Net Income 2023: $400,3962023Revenue 2024: $1,463,413Expenses 2024: $1,138,394Net Income 2024: $325,0192024

Highlighted filing

2023

Revenue$1,626,966
Expenses$1,226,570
Net Income$400,396
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$1,626,966
Mission and Program Overview

Mission

The pharmaceutical management science association (pmsa) is dedicated to raising awareness and promoting the use of management science in the pharmaceutical industry. To accomplish this mission, pmsa works to: (continued on schedule o)*identify, extend, and unity scientific knowledge contributing to the understanding and practice management within the pharmaceutical industry.*raise awareness and promote the sharing of ideas, challenges, and learning to increase overall knowledge and skill levels within management science*provide training for those interested in honing new skills*allow for an environment encouraging networking among peers.

Raise awareness and promote the use of management science in the pharmaceutical industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$531,845$915,517▲ $383,672
Prepaid Expenses and Deferred Charges$2,528$56,796▲ $54,268
Total Assets$534,373$972,313▲ $437,940
Liabilities
Accounts Payable and Accrued Expenses$26,409$54,457▲ $28,048
Deferred Revenue$4,417$4,417→ $0
Total Liabilities$30,826$58,874▲ $28,048
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$503,547$913,439▲ $409,892
Total Net Assets Fund Balance$503,547$913,439▲ $409,892
Total Liabilities and Net Assets / Fund Balance$534,373$972,313▲ $437,940
Compensation and Service Providers
Top Officer Pay27th percentile

Board Members and Trustees

NameTitle
Igor RudychevPresident
Nuray YurtVice President
Aditya AraboluDirector
Jing JinDirector
Mehul ShahDirector
Nadia TantsyuraDirector
Srihari JaganathanDirector
Tatiana SorokinaDirector
Vishal ChaudharyDirector
Stephanie CzuhajewskiExecutive Director
Nathan WangTreasurer / Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,572,345
Investment Income
$0
Other Revenue
$54,621
Change in Net Assets
$400,396
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,226,570
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$217,883
Conferences and Meetings---$114,813
All Other Expenses---$76,477
Travel---$55,777
Other Expenses---$30,934
Information Technology---$13,107
Fees for Services Accounting---$10,250
Advertising---$4,894
Insurance---$2,767
Fees for Services Legal---$941
Office Expenses---$123
Total Functional Expenses$0$0$0$1,226,570
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Pmsa delegated the management of its daily operations to agentis management, inc. Operations may include, but not limited to, administration, membership, finance and accounting, conference planning, education, marketing, and information technology.”

Form 990, Part VI, Section A, Line 6

“Pmsa has a single class of membership for which people are deemed as members upon attending the annual conference within the last two years or paying the annual fee.”

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

“Members elect board of directors.”

Form 990, Part VI, Section B, Line 11B

“Form 990 was made available to board of directors.”

Form 990, Part VI, Section C, Line 19

“The organization provides copies upon request.”

Filing and Contact Details

Filer

Filer Name
Pharmaceutical Management Science Assoc
EIN
52-1589882
Phone
8598999130
Address
1024 CAPITAL CENTER DRIVE 205, FRANKFORT, KY 40601

Signing Officer

Name
Stephanie Czuhajewski
Title
Executive Director
Phone
8598999130
Signed
2023-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Igor Rudychev
Formed
1977
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Firm
Darverkelly Llp
Address
101 N MAIN STREET SUITE 1510, GREENVILLE, SC 29601
Preparer
Lesley Kelly
Phone
8647516556
Raw XML Appendix337 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/MissionDesc0THE PHARMACEUTICAL MANAGEMENT SCIENCE ASSOCIATION (PMSA) IS DEDICATED TO RAISING AWARENESS AND PROMOTING THE USE OF MANAGEMENT SCIENCE IN THE PHARMACEUTICAL INDUSTRY. TO ACCOMPLISH THIS MISSION, PMSA WORKS TO: (1) IDENTIFY, EXTEND, AND UNITY SCIENTIFIC KNOWLEDGE CONTRIBUTING TO THEUNDERSTANDING AND PRACTICE MANAGEMENT WITHIN THE PHARMACEUTICALINDUSTRY. (2) RAISE AWARENESS AND PROMOTE THE SHARING OF IDEAS, CHALLENGES, ANDLEARNING TO INCREASE OVERALL KNOWLEDGE AND SKILL LEVELS WITHINMANAGEMENT SCIENCE(3)PROVIDE TRAINING FOR THOSE INTERESTED IN HONING NEW SKILLS(4)ALLOW FOR AN ENVIRONMENT ENCOURAGING NETWORKING AMONG PEERS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PMSA DELEGATED THE MANAGEMENT OF ITS DAILY OPERATIONS TO AGENTIS MANAGEMENT, INC. OPERATIONS MAY INCLUDE, BUT NOT LIMITED TO, ADMINISTRATION, MEMBERSHIP, FINANCE AND ACCOUNTING, CONFERENCE PLANNING, EDUCATION, MARKETING, AND INFORMATION TECHNOLOGY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PMSA HAS A SINGLE CLASS OF MEMBERSHIP FOR WHICH PEOPLE ARE DEEMED AS MEMBERS UPON ATTENDING THE ANNUAL CONFERENCE WITHIN THE LAST TWO YEARS OR PAYING THE ANNUAL FEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ELECT BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 WAS MADE AVAILABLE TO BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION PROVIDES COPIES UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalEmployeeCnt00
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ReturnHeader/TaxYr02022

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$972,313
Liabilities
$58,874
Net assets
$913,439
Revenue
$1,626,966
Expenses
$1,226,570
Net income
$400,396
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.29$0.08$1.21$1.46$1.14$0.33
2023Detailed filing. Detailed filing data is available for this year.$0.97$0.06$0.91$1.63$1.23$0.40
2022Detailed filing. Detailed filing data is available for this year.$0.53$0.03$0.50$0.70$0.59$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.43$0.04$0.39$0.07$0.22$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.49$0.41$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.93$0.86$0.07
2018Summary only. Only limited summary data is available for this year.$0.40$0.00$0.40$0.73$0.87$0.14
2016Summary only. Only limited summary data is available for this year.$0.54$0.00$0.54$0.73$0.58$0.15
2015Summary only. Only limited summary data is available for this year.$0.41$0.03$0.39$0.58$0.50$0.08
2014Summary only. Only limited summary data is available for this year.$0.31$0.00$0.31$0.47$0.42$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.42$0.42$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.48
2011Summary only. Only limited summary data is available for this year.$0.24$0.00$0.24$0.45$0.44$0.01