Academy Clinical Laboratory Physicians And Scientists, operating under the name Physicians And Scientists, is located in Salt Lake City, UT. The organization was established in 1970. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Physicians And Scientists 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 09/2023, Physicians And Scientists generated $74.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $70.0k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Physicians And Scientists has awarded 18 individual grants totaling $153,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR ACADEMY WAS FOUNDED IN 1966 AND CURRENTLY HAS ACTIVE AFFILIATIONS WITH 70 OF THE APPROXIMATELY 150 ACADEMIC AND COMMUNITY TRAINING CENTERS THAT TRAIN PATHOLOGY RESIDENTS IN CLINICAL PATHOLOGY. FROM ITS ORIGIN, IT HAS FOLLOWED THE MISSION STATEMENT OF BEING DEDICATED TO THE ADVANCEMENT OF TEACHING AND SCHOLARSHIP IN LABORATORY MEDICINE. WE FOLLOW THE OBJECTIVES OF THE ACADEMY. SINCE ITS INCEPTION, THIS DEDICATION HAS BEEN DRIVEN BY THE FOLLOWING OBJECTIVES: 1. TO ENCOURAGE AND ADVANCE THE HIGHEST STANDARDS OF EDUCATION IN LABORATORY MEDICINE IN MEDICAL SCHOOL AND RELATED CURRICULA. 2. TO ENCOURAGE AND PROMOTE THE HIGHEST STANDARDS OF RESIDENT TRAINING AND POST-GRADUATE EDUCATION OF PHYSICIANS AND SCIENTISTS IN CLINICAL PATHOLOGY AT UNIVERSITIES AND MEDICAL SCHOOLS. 3. TO ENCOURAGE AND PROMOTE THE HIGHEST STANDARDS OF SERVICE, EDUCATION AND RESEARCH IN ACADEMIC LABORATORY MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR THAT ENDED SEPTEMBER 30, 2023, THE ACADEMY PROVIDED SERVICES TO APPROXIMATELY 340 ACTIVE MEMBERS AND 170 ASSOCIATE MEMBERS. CLOSE TO 200 INDIVIDUALS ATTENDED THE ACLPS ANNUAL MEETING ("LAB MEDICINE") IN CHARLOTTESVILLE, VA, ON JUNE 8-10, 2023. THE MEETING WAS HOSTED BY THE UNIVERSITY OF VIRGINIA DEPARTMENT OF PATHOLOGY. OVER THE THREE DAYS, CONFERENCE ATTENDEES ENJOYED SCIENTIFIC SESSIONS, THE AWARD LECTURES FROM THE COTLOVE AND BENSON AWARDEES, PRESENTATIONS FROM THE YOUNG INVESTIGATOR AWARD WINNERS AND THE STRANDJORD GRANT AWARDEES, AND A POSTER SESSION. THE REGISTRATION FOR THIS MEETING WAS 525 FOR ACTIVE MEMBERS AND 470 FOR ASSOCIATE MEMBERS. THE COTLOVE AWARD WAS PRESENTED TO DR. AMY MATHERS, WHO UPDATED THE AUDIENCE ON 'NEXT' PANDEMIC DUE TO ANTIBACTERIAL RESISTANCE. THE BENSON AWARD WAS PRESENTED TO DR. SARAH WHEELER, WHO SPOKE ON "USING DATA TO IMPROVE LABORATORY MEDICINE FOR SPECIAL POPULATIONS." THE ACADEMY ALSO CONTINUED THE PAUL E. STRANDJORD YOUNG INVESTIGATOR GRANT PROGRAM THIS YEAR AND PROVIDED FOUR 7,500 RESEARCH GRANTS TO PROGRAM AWARDEES IN 2023. GRANT SUBMISSIONS WERE ALSO MANAGED THROUGH THE EX ORDO ONLINE SYSTEM TO FACILITATE PROGRAM ADMINISTRATION. IN ADDITION, AS A MEMBER OF THE RISE FIRST CLINICAL PATHOLOGY SECTION, ACLPS EDUCATION COMMITTEE VETTED QUESTIONS FOR THE CLINICAL PATHOLOGY PORTION OF THE EXAM. ACLPS CONTINUED TO SUPPORT CO-SPONSORED EDUCATIONAL SESSIONS AT THE ASCP ANNUAL MEETING. THE ANNUAL ASCP CONFERENCE WAS HELD ON OCTOBER 18-20 IN LONG BEACH, CALIFORNIA. THE SPEAKER WAS ELLEN F. FOXMAN, MD, PHD, AND SHE GAVE A TALK ON "ADVANCES IN HOST RESPONSE-BASED DIAGNOSTICS AND APPLICATIONS TO RESPIRATORY INFECTIONS". THE TALK HAD A SIZABLE TURNOUT FOR THE SESSION WITH GREAT AUDIENCE PARTICIPATION. ACLPS CONTINUES TO PROVIDE EDUCATIONAL REVIEW ARTICLES FOR PUBLICATION IN THE AMERICAN JOURNAL OF CLINICAL PATHOLOGY (AJCP).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roger Bertholf Exec Council | Trustee | 0.5 | $0 |
Carey-Ann Burnham Exec Council | Trustee | 0.5 | $0 |
Amit Gokhale Education Cm | Trustee | 1 | $0 |
Zara Herskovits Exec Council | Trustee | 0.5 | $0 |
Ron Jackups Secretary | OfficerTrustee | 4 | $0 |
David L Jaye Membership C | Trustee | 1 | $0 |
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 | $1,150 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,150 |
Total Program Service Revenue | $40,550 |
Investment income | $32,322 |
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 | $74,022 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 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 | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,000 |
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 | $558 |
Information technology | $2,704 |
Royalties | $0 |
Occupancy | $0 |
Travel | $14,962 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,586 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $1,120 |
Total functional expenses | $69,967 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $118,808 |
Savings and temporary cash investments | $14,632 |
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 | $0 |
Investments—publicly traded securities | $1,295,102 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,428,542 |
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 | $1,428,542 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,428,542 |
Over the last fiscal year, Academy Clinical Laboratory Physicians And Scientists has awarded $30,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
YALE UNIVERSITY | | | $7,500 |
UNIVERSITY OF WASHINGTON PURPOSE: RESEARCH | $7,500 |
UNIVERSITY OF COLORADO | | | $7,500 |
BRIGHAM AND WOMEN'S HOSPITAL | | | $7,500 |