American Society For Nutrition Inc
- Assets
- $14.0m
- Revenue
- $5.8m
- Investments
- $1.5m
- Employees
- 22
- Location
- Rockville, MD
- Founding
- 07/1997
- Data as of
- 12/2022
- EIN
- 31-1507752
Organization Overview
American Society For Nutrition Inc is located in Rockville, MD. The organization was established in 1997. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, American Society For Nutrition Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society For Nutrition 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 12/2022, American Society For Nutrition Inc generated $5.8m 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 (3.4%) each year. All expenses for the organization totaled $5.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AMERICAN SOCIETY FOR NUTRITION, INC. (ASN) WAS ESTABLISHED TO ADVANCE HEALTH AROUND THE WORLD THROUGH EVIDENCE BASED NUTRITION. THIS IS ACCOMPLISHED THROUGH INNOVATIVE PROGRAMS AND SERVICES DESIGNED TO ADVANCE KNOWLEDGE, CREATE AND STRENGTHEN ENGAGEMENT, AND INCREASE IMPACT OF ASN PROGRAMS AND SERVICES SUPPORTING THE MISSION OF ADVANCING THE SCIENCE, EDUCATION AND PRACTICE OF NUTRITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASN PORTFOLIO: THE NUTRITION SCIENCE COLLECTION CONTAINS FOUR PRE-EMINENT JOURNALS AND REACHES OVER 50 MILLION AROUND THE WORLD ANNUALLY. JOURNAL OF NUTRITION - IS PUBLISHED MONTHLY TO ENHANCE THE DISSEMINATION OF SCIENTIFIC KNOWLEDGE OF NUTRITION.JOURNAL OF CLINICAL NUTRITION- THE PRIMARY FOCUS OF THE AJCN IS THE PUBLICATION OF BASIC AND CLINICAL STUDIES RELEVANT TO HUMAN NUTRITION. THE AMERICAN JOURNAL OF CLINICAL NUTRITION PUBLISHES STELLAR PEER-REVIEWED, ORIGINAL CLINICAL RESEARCH CONTRIBUTED BY SCIENTISTS THROUGHOUT THE WORLD.NUTRITION NOTES - A QUARTERLY NEWSLETTER THAT BRINGS INFORMATION ON EDUCATIONAL AND SCIENTIFIC PROGRAMS SPONSORED BY THE SOCIETY TO THE ATTENTION OF ITS APPROXIMATELY 8,500 MEMBERS AND OTHER NUTRITION SCIENTISTS.ADVANCES IN NUTRITION - THE TOP RANKED ANNUAL MULTI-ISSUE NUTRITION REVIEWS JOURNAL IN THE WORLD AND CURRENT DEVELOPMENTS IN NUTRITION.
ANNUAL CONFERENCE: IN ITS FIFTH YEAR, OUR FLAGSHIP ANNUAL CONFERENCE NUTRITION CONTINUED TO RECEIVE RAVE REVIEWS AS THE PREMIER GATHERING OF PROFESSIONALS INTERESTED IN THE INTERDISCIPLINARY FIELD OF NUTRITION SCIENCE AND PRACTICE. NUTRITION 2022 PUT THE SPOTLIGHT ON RESEARCH ADVANCES, NEW INNOVATIONS, AND CURRENT CONTROVERSIES, AND PROVIDED INVALUABLE OPPORTUNITIES TO MEET UP AND NETWORK WITH THE NUTRITION COMMUNITY FROM ACROSS THE GLOBE. THE QUALITY OF THE SCIENCE PRESENTED WAS EXCELLENT, ABSTRACTS WERE THE SECOND HIGHEST IN ASN HISTORY, DIVERSE NUTRITION CONTENT, IMMERSIVE LEARNING EXPERIENCE, SOCIAL AND NETWORKING EVENTS WERE EXPANDED AND ATTENDANCE WAS STRONG.
SOCIETY ADVANCEMENT- MEMBERSHIP HELPS NUTRITION SCIENTISTS DEVELOP PROFESSIONALLY, DISCOVER NEW OPPORTUNITIES AND INCREASE THEIR IMPACT IN THE FIELDS OF NUTRITION AND CLINICAL NUTRITION. THIS PROGRAM REACHES OUT TO POTENTIAL NEW MEMBERS BOTH INDIVIDUALLY AND CORPORATELY. THE AMERICAN SOCIETY FOR NUTRITION CURRENTLY SERVES APPROXIMATELY 8,500 SCIENTISTS AND PRACTITIONERS.NUTRITION NOTES - A QUARTERLY NEWSLETTER THAT BRINGS INFORMATION ON EDUCATIONAL AND SCIENTIFIC PROGRAMS SPONSORED BY THE SOCIETY TO THE ATTENTION OF ITS APPROXIMATELY 8,500 MEMBERS AND OTHER NUTRITION SCIENTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Courtney PHD Chief Executive Officer | Officer | 34.31 | $617,245 |
Mary Pat Cornett Chief Strategy And Operati | Officer | 35.63 | $306,128 |
Gwen Twillman Chief Knowledge Officer | Officer | 33.75 | $221,213 |
David Keith Dillon Chief Engagement Officer & | Officer | 22.5 | $103,570 |
Carolyn Skinner Chief Financial Officer | Officer | 37.5 | $178,030 |
Felicia Price VP Of Meetings & Events | 34.88 | $151,598 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ps Business Parks Inc Office Lessor For Hq | 12/30/19 | $248,795 |
Psav Provides Av Services For Annual Conferen | 12/30/19 | $186,247 |
Volume Services Inc Provides Food And Beverages For Annual C | 12/30/19 | $195,597 |
Hilton Baltimore Lodging Services For Conference | 12/30/19 | $148,994 |
Freeman Decorating Co Event Technology Services | 12/30/19 | $140,123 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $571,427 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $203,646 |
| All other contributions, gifts, grants, and similar amounts not included above | $93,465 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $868,538 |
| Total Program Service Revenue | $4,442,459 |
| Investment income | $254,083 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,861 |
| Net Gain/Loss on Asset Sales | $81,830 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,849,853 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,000 |
| Grants and other assistance to domestic individuals. | $8,645 |
| Grants and other assistance to Foreign Orgs/Individuals | $3,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,486,515 |
| Compensation of current officers, directors, key employees. | $236,596 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,514,890 |
| Pension plan accruals and contributions | $125,949 |
| Other employee benefits | $241,291 |
| Payroll taxes | $169,464 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,873 |
| Fees for services: Accounting | $41,720 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $49,278 |
| Fees for services: Other | $490,812 |
| Advertising and promotion | $197,439 |
| Office expenses | $284,201 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $180,494 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $289,854 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,653,817 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $214,740 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $366,862 |
| Accounts receivable, net | $40,131 |
| 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 | $121,026 |
| Net Land, buildings, and equipment | $337,905 |
| Investments—publicly traded securities | $9,281,090 |
| Investments—other securities | $1,461,310 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,146,194 |
| Total assets | $13,969,258 |
| Accounts payable and accrued expenses | $1,108,399 |
| Grants payable | $0 |
| Deferred revenue | $1,956,109 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $58,725 |
| 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 | $1,895,952 |
| Total liabilities | $5,019,185 |
| Net assets without donor restrictions | $7,142,464 |
| Net assets with donor restrictions | $1,807,609 |
| 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 | $13,969,258 |
Grants Awarded
Over the last fiscal year, American Society For Nutrition Inc has awarded $29,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ACADEMY OF SCIENCES PURPOSE: SUPPORT FOR GLOBAL FORUM | $10,000 |
ODLE CONSULTING LLC PURPOSE: HONORARIUM & EIC PAYMENT | $9,000 |
UNIVERSITY OF ILLINOIS PURPOSE: 2018 AWARD- PFIZER PREDOC | $5,000 |
UNIVERSITY OF MISSOURI PURPOSE: 2018 ASN MARS PREDOC AWARD | $5,000 |