Metabolomics Society Inc
- Assets
- $372.0k
- Revenue
- $71.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Newburyport, MA
- Founding
- 10/2005
- Data as of
- 09/2020
- EIN
- 32-0107582
Organization Overview
Metabolomics Society Inc is located in Newburyport, MA. The organization was established in 2005. According to its NTEE Classification (H03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metabolomics Society Inc 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 09/2020, Metabolomics Society Inc generated $71.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (34.4%) each year. All expenses for the organization totaled $340.4k during the year ending 09/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE GROWTH AND DEVELOPMENT OF THE FIELD OF METABOLOMICS; TO PROVIDE THE OPPORTUNITY FOR ASSOCIATION AMONG THE WORKERS IN THAT SCIENCE AND IN RELATED SCIENCES AND CONNECTIONS BETWEEN ACADEMIA AND INDUSTRY IN THE FIELD OF METABOLOMICS; TO PROVIDE OPPORTUNITIES FOR PRESENTATION OF RESEARCH ACHIEVEMENTS AND CREATION OF WORKSHOPS; TO PROMOTE THE PUBLICATION OF MERITORIOUS RESEARCH IN THE FIELD; AND FURTHER, TO CARRY ON ANY OTHER ACTIVITY IN SUPPORT OF AND TO BENEFIT THE ABOVE PURPOSES OF THE ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE GROWTH AND DEVELOPMENT IN THE FIELD OF METABOLOMICS; TO PROVIDE THE OPPORTUNITY FOR THE ASSOCIATION AMONG THE WORKERS IN THE SCIENCE AND ITS RELATED SCIENCE AND CONNECTIONS BETWEEN ACADEMIA, GOVERNMENT AND INDUSTRY IN THE FIELD OF METABOLOMICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Lasky-Su President | OfficerTrustee | 8 | $0 |
Fabien Jourdan Secretary | OfficerTrustee | 8 | $0 |
Baljit Ubhi Treasurer | OfficerTrustee | 8 | $0 |
Nichole Reisdorph Past Treasurer | Trustee | 4 | $0 |
Caroline Johnson Director | Trustee | 4 | $0 |
Roy Goodacre Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,897 |
| Investment income | $81 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $71,194 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $76,398 |
| Fees for services: Legal | $9,759 |
| Fees for services: Accounting | $5,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $232,853 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,354 |
| All other expenses | $0 |
| Total functional expenses | $340,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $371,960 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $371,960 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $371,960 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Third Sector New England Inc Boston, MA | $110,017,543 | $70,555,519 |
American Academy Of Pain Medicine Ultrasonography Inc North Reading, MA | $0 | $1,061,921 |
Metabolomics Society Inc Newburyport, MA | $371,960 | $71,194 |
Medtech Association Inc Syracuse, NY | $251,316 | $356,371 |
Rio Bio Providence, RI | $97,456 | $212,321 |
Korean Medical Pracitioner Assoc Of Greater New York Inc Flushing, NY | $30,010 | $0 |
Institute For Challenging Disorganization Larchmont, NY | $445,753 | $242,661 |
National Glaucoma Society Andover, MA | $18,592 | $0 |
American Physician Scientists Association Inc Westford, MA | $226,129 | $0 |
Dmm Global Foundation Cambridge, MA | $0 | $3,725 |
Institute For Podiatric Excellance And Development Inc Andover, MA | $1,356 | $0 |
International Society For Transgenic Technologies Inc Buffalo, NY | $125,239 | $0 |