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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jessica Lasky-Su President | OfficerTrustee | 8 | $0 |
Fabien Jourdan Secretary | OfficerTrustee | 8 | $0 |
Baljit Ubhi Treasurer | OfficerTrustee | 8 | $0 |
Julian Griffin Past President | Trustee | 4 | $0 |
Nichole Reisdorph Past Treasurer | Trustee | 4 | $0 |
Krista Zanetti Past Secretary | Trustee | 4 | $0 |
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 |
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