American Society For Clinical Pharmacology & Therapeutics
- Assets
- $6.5m
- Revenue
- $3.6m
- Investments
- $730.0k
- Employees
- 12
- Location
- Alexandria, VA
- Founding
- 12/1973
- Data as of
- 12/2022
- EIN
- 23-1682043
Organization Overview
American Society For Clinical Pharmacology & Therapeutics is located in Alexandria, VA. The organization was established in 1973. As of 12/2022, American Society For Clinical Pharmacology & Therapeutics employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society For Clinical Pharmacology & Therapeutics is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, American Society For Clinical Pharmacology & Therapeutics generated $3.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $3.3m during the year ending 12/2022. While expenses have increased by 0.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCING CLINICAL PHARMACOLOGY, TRANSLATIONAL MEDICINE AND THERAPEUTICS FOR THE BENEFIT OF PATIENTS AND SOCIETY. SIGNIFICANT ACTIVITIES INCLUDE THREE SCHOLARLY PEER-REVIEWED JOURNALS ALONG WITH ONLINE EDUCATIONAL OPPORTUNITIES.
Describe the Organization's Program Activity:
JOURNAL: CLINICAL PHARMACOLOGY AND THERAPEUTICS (CPT) IS THE AUTHORITATIVE CROSS-DISCIPLINARY JOURNAL IN EXPERIMENTAL AND CLINICAL MEDICINE DEVOTED TO PUBLISHING ADVANCES IN THE NATURE, ACTION, EFFICACY AND EVALUATION OF THERAPEUTICS. JOURNAL CLINICAL PHARMACOLOGY & THERAPEUTICS: PHARMACOMETRICS AND SYSTEMS PHARMACOLOGY (PSP) IS A TIMELY ONLINE-ONLY CROSS-DISCIPLINARY JOURNAL PUBLISHING ADVANCES IN QUANTITATIVE METHODS AS APPLIED IN PHARMACOLOGY, PHYSIOLOGY AND THERAPEUTICS IN HUMANS. CPT HAS A 2022 IMPACT FACTOR OF 6.7. PSP HAS A 2022 IMPACT FACTOR OF 3.5.CLINICAL AND TRANSLATIONAL SCIENCE (CTS) HIGHLIGHTS ORIGINAL RESEARCH THAT HELPS BRIDGE LABORATORY DISCOVERIES WITH THE DIAGNOSIS AND TREATMENT OF HUMAN DISEASE. CTS HAS A 2022 IMPACT FACTOR OF 3.9.
ANNUAL MEETING: THE ASCPT ANNUAL MEETING IS AN INTERNATIONAL MEETING THAT ATTRACTS PARTICIPANTS FROM AROUND THE WORLD. A SPECTRUM OF TOPICS RELATING TO THE CONTINUUM OF DRUG DISCOVERY, DEVELOPMENT, REGULATION, AND UTILIZATION ARE DISCUSSED. THE MEETING OFFERS EDUCATIONAL SESSIONS AND POSTER PRESENTATIONS, LECTURES FROM TOP PROFESSIONALS IN THE INDUSTRY, AS WELL AS NETWORKING OPPORTUNITIES WITH CLINICAL PHARMACOLOGISTS FROM AROUND THE WORLD.
MEMBER SERVICES: MEMBERSHIP IN ASCPT OFFERS A NUMBER OF BENEFITS WHICH DIRECTLY IMPACT ITS MEMBERS AND THEIR PROFESSIONAL DEVELOPMENT. IT PROVIDES A VARIETY OF INFORMATION AND TOOLS, SUCH AS THE CPT, PSP AND CTS JOURNALS, WEBINARS, WEBSITE AND EMAIL NEWSLETTER, EDUCATIONAL OPPORTUNITIES, SUCH AS THE ANNUAL MEETING, AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Dresser PHD President | OfficerTrustee | 3 | $0 |
Jacques Turgeon PHD Treasurer | OfficerTrustee | 3 | $0 |
Walter Kraft President-Elect | OfficerTrustee | 3 | $0 |
Issam Zineh Pharmd Immediate Past President | OfficerTrustee | 3 | $0 |
Antoinette Toni Ajavon-Hartmann Ph Director | Trustee | 3 | $0 |
Lisa J Benincosa PHD Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Worcester Eisenbrandt Inc Building Improvements | 12/30/22 | $157,668 |
Vetted Solutions Ceo Search | 12/30/22 | $109,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $88,469 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,469 |
| Total Program Service Revenue | $3,456,290 |
| Investment income | $63,603 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,599 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,625,776 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| Grants and other assistance to domestic individuals. | $21,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,750 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $896,180 |
| Compensation of current officers, directors, key employees. | $172,673 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $828,472 |
| Pension plan accruals and contributions | $49,622 |
| Other employee benefits | $52,268 |
| Payroll taxes | $94,031 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,490 |
| Fees for services: Accounting | $112,549 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $9,907 |
| Fees for services: Investment Management | $18,973 |
| Fees for services: Other | $290,355 |
| Advertising and promotion | $0 |
| Office expenses | $178,091 |
| Information technology | $330 |
| Royalties | $0 |
| Occupancy | $30,757 |
| Travel | $12,932 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $238,713 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $81,420 |
| Insurance | $38,289 |
| All other expenses | $0 |
| Total functional expenses | $3,254,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $275,486 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,533,964 |
| Investments—publicly traded securities | $3,565,163 |
| Investments—other securities | $729,999 |
| Investments—program-related | $0 |
| Intangible assets | $397,395 |
| Other assets | $0 |
| Total assets | $6,502,007 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $5,980,478 |
| Net assets with donor restrictions | $521,529 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,502,007 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association Of Colleges Of Pharmacy Arlington, VA | $14,813,125 | $11,309,569 |
American Association Of Pharmaceutical Scientists Arlington, VA | $13,905,032 | $7,454,874 |
American Pharmacists Association Foundation Washington, DC | $11,510,448 | $7,611,110 |
American Society For Pharmacology And Experimental Therapeutics Inc Rockville, MD | $29,344,018 | $4,463,274 |
American Society For Clinical Pharmacology & Therapeutics Alexandria, VA | $6,502,007 | $3,625,776 |
Josephs House Inc Financial Office Washington, DC | $1,600,096 | $1,682,667 |
Christian Pharmacists Fellowship International Bristol, TN | $1,123,356 | $460,501 |
Brighton Foundation Trust Cashiers, NC | $2,124,564 | $71,802 |
Virginia Pharmaceutical Assoc Research Education Foundation Inc North Chesterfield, VA | $1,256,509 | $60,077 |
Pharmacy Manpower Project Inc Arlington, VA | $86,101 | $0 |
International Society Of Regulatory Toxicology And Pharmacology Washington, DC | $78,418 | $0 |