Safety Pharmacology Society
- Assets
- $1.0m
- Revenue
- $394.0k
- Investments
- $969.0
- Employees
- 0
- Location
- Reston, VA
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 23-2766566
Organization Overview
Safety Pharmacology Society is located in Reston, VA. The organization was established in 2001. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Safety Pharmacology Society 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 12/2021, Safety Pharmacology Society generated $394.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $344.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE AQUISITION AND UTILIZATION OF SCIENTIFIC INFORMATION; TO PROVIDE AN INTERACTIVE FORUM FOR THE ADVANCEMENT AND EXCHANGE OF INFORMATION AMONG ITS MEMBERS AND REPRESENTATIVES FROM INDUSTRY, ACADEMIA, AND GOVERNMENT.
Describe the Organization's Program Activity:
ANNUAL MEETING - PRESENTATION AND EXCHANGE OF SCIENTIFIC INFORMATION.
COMMITTEES - PROMOTE RESEARCH, EDUCATION, AND DISSEMINATION OF SCIENTIFIC INFORMATION.
LONG RANGE PLANNING - INITIATIVES RELATED TO FURTHERING THE GOALS OF PROMOTING KNOWLEDGE, DEVELOPMENT, APPLICATION, AND TRAINING IN THE FIELD OF SAFETY PHARMACOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Wisialowski Vice President | OfficerTrustee | 1 | $0 |
Brian Roche President | OfficerTrustee | 1 | $0 |
Marie-Luce Brodzinski-Rosseels Vice President Elect | OfficerTrustee | 1 | $0 |
Tomas Mow Past President | OfficerTrustee | 1 | $0 |
David John Gallacher Secretary | OfficerTrustee | 1 | $0 |
Annie Delaunois Treasurer Elect | OfficerTrustee | 1 | $0 |
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 | $45,625 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,625 |
| Total Program Service Revenue | $312,742 |
| Investment income | $24,864 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,734 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $393,965 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $100 |
| Grants and other assistance to Foreign Orgs/Individuals | $500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $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 | $59,826 |
| Fees for services: Legal | $25 |
| Fees for services: Accounting | $5,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,087 |
| Fees for services: Other | $14,644 |
| Advertising and promotion | $9,467 |
| Office expenses | $20,261 |
| Information technology | $10,575 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $163 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $174,753 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $802 |
| Insurance | $3,972 |
| All other expenses | $123 |
| Total functional expenses | $344,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,425 |
| Savings and temporary cash investments | $3,403 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $623 |
| 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 | $93,036 |
| Net Land, buildings, and equipment | $585 |
| Investments—publicly traded securities | $855,709 |
| Investments—other securities | $969 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,046,750 |
| Accounts payable and accrued expenses | $20,772 |
| Grants payable | $0 |
| Deferred revenue | $29,783 |
| 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 | $50,555 |
| Net assets without donor restrictions | $994,424 |
| Net assets with donor restrictions | $1,771 |
| 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 | $1,046,750 |
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