Society Of Toxicology
- Assets
- $19.6m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Reston, VA
- Founding
- 09/1965
- Data as of
- 06/2021
- EIN
- 52-6057050
Organization Overview
Society Of Toxicology is located in Reston, VA. The organization was established in 1965. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, 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. Society Of Toxicology 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 06/2021, Society Of Toxicology generated $7.0m 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 (3.4%) each year. All expenses for the organization totaled $5.9m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Society Of Toxicology has awarded 94 individual grants totaling $1,646,169. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE ACQUISITION AND UTILIZATION OF KNOWLEDGE IN TOXICOLOGY AND TO FACILITATE THE EXCHANGE OF INFORMATION AMONG ITS MEMBERS AS WELL AS AMONG INVESTIGATORS OF OTHER SCIENTIFIC DISCIPLINES.
Describe the Organization's Program Activity:
MEETINGS AND STRATEGIC ACTIVITIES ARE SPONSORED BY THE SOCIETY AND ITS CHAPTERS IN AN ATTEMPT FOR PEOPLE KNOWLEDGABLE IN THE FIELD OF TOXICOLOGY TO PUBLICLY ADDRESS ISSUES SPECIFICALLY RELATED TO TOXICOLOGY.
PUBLICATIONS AND NEWSLETTERS- THE SOCIETY PRINTS AND SELLS LITERATURE TO EDUCATE AND ENCOURAGE A BETTER UNDERSTANDING OF THE SUBJECT OF TOXICOLOGY.
COMMITTEES - THE SOCIETY HAS MANY COMMITTEES ORGANIZED TO FACILITATE AREAS OF DEVELOPMENT AND PROGRAM OVERSIGHT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George P Daston PHD President | OfficerTrustee | 1 | $0 |
Myrtle A Davis PHD Vice President | OfficerTrustee | 1 | $0 |
Michael Aschnerphd Vice President-Elect | OfficerTrustee | 1 | $0 |
Suzanne Fitzpatrick PHD Secretary | OfficerTrustee | 1 | $0 |
Anthony M Ndifor PHD Treasurer | OfficerTrustee | 1 | $0 |
Mary Gilbert PHD Treasurer-Elect | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Association Innovation And Management In Management Services | 6/29/21 | $3,516,460 |
Encorepsav Presentation Services Audio Visual | 6/29/21 | $490,902 |
Oxford University Press Publication | 6/29/21 | $314,797 |
Coe-truman International Llc Technology | 6/29/21 | $119,270 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $738,642 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $391,536 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,130,178 |
| Total Program Service Revenue | $3,059,804 |
| Investment income | $787,655 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $660,650 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,326,761 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,972,488 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $219,361 |
| Grants and other assistance to domestic individuals. | $215,848 |
| Grants and other assistance to Foreign Orgs/Individuals | $87,150 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $145,426 |
| Compensation of current officers, directors, key employees. | $43,344 |
| 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 | $439,224 |
| Fees for services: Legal | $5,303 |
| Fees for services: Accounting | $158,463 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $87,676 |
| Fees for services: Other | $0 |
| Advertising and promotion | $153,890 |
| Office expenses | $30,949 |
| Information technology | $473,659 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,676 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $941,937 |
| Interest | $3,381 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $19,205 |
| All other expenses | $899,664 |
| Total functional expenses | $5,927,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $555,777 |
| Savings and temporary cash investments | $181,002 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $396,552 |
| 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 | $239,733 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $18,242,816 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,615,880 |
| Accounts payable and accrued expenses | $409,147 |
| Grants payable | $0 |
| Deferred revenue | $1,006,643 |
| 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 | $110,000 |
| Total liabilities | $1,525,790 |
| Net assets without donor restrictions | $12,792,123 |
| Net assets with donor restrictions | $5,297,967 |
| 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 | $19,615,880 |
Grants Awarded
Over the last fiscal year, Society Of Toxicology has awarded $116,540 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: STUDENT INTERNSHIP - FELLOWSHIP | $40,000 |
East Lansing, MI PURPOSE: STUDENT INTERNSHIP - FELLOWSHIP | $17,800 |
Davis, CA PURPOSE: STUDENT INTERNSHIP - FELLOWSHIP | $15,000 |
Piscataway, NJ PURPOSE: STUDENT INTERNSHIP - FELLOWSHIP | $9,740 |
UNIVERSITY OF MONTANA PURPOSE: STUDENT INTERNSHIP - FELLOWSHIP | $8,500 |
NATIONAL CENTER FOR TOXICOLOGY RESEARCH PURPOSE: STUDENT INTERNSHIP - FELLOWSHIP | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Society Of Toxicology has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Krishan & Vicky Joshi Foundation Dayton, OH PURPOSE: GENERAL SUPPORT | $1,500 |
Krishan & Vicky Joshi Foundation Dayton, OH PURPOSE: GENERAL SUPPORT | $1,500 |
Endowment Analysis
| Beg. Balance | $4,260,316 |
| Earnings | $1,070,891 |
| Net Contributions | $67,486 |
| Other Expense | $100,726 |
| Ending Balance | $5,297,967 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Drug Information Association Inc Washington, DC | $19,738,468 | $18,905,794 |
Community Health Accreditation Program Inc Arlington, VA | $22,682,316 | $18,320,268 |
Plasma Protein Therapeutics Association Annapolis, MD | $7,828,244 | $13,003,501 |
American Podiatric Medical Assoc Bethesda, MD | $21,176,179 | $13,540,711 |
Tennessee Hospital Association Brentwood, TN | $59,191,608 | $16,937,384 |
Association Of Womens Health Obstetric And Neonatal Nurses Washington, DC | $13,892,759 | $13,409,366 |
Maryland Hospital Association Incorporated Elkridge, MD | $38,009,436 | $21,113,999 |
American Health Law Association Washington, DC | $23,085,368 | $9,214,718 |
Parenteral Drug Association Inc Bethesda, MD | $14,078,226 | $8,044,773 |
National Pharmaceutical Council Inc Washington, DC | $24,620,287 | $8,284,643 |
National Association Of Childrens Hospitals Inc Washington, DC | $18,366,386 | $8,000,690 |
National Association For Home Care Washington, DC | $12,583,003 | $7,979,825 |