Association Of Standardized Patient Educators Inc
- Assets
- $352.9k
- Revenue
- $213.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Altamonte Springs, FL
- Founding
- 11/2001
- Data as of
- 12/2021
- EIN
- 71-0852897
Organization Overview
Association Of Standardized Patient Educators Inc is located in Altamonte Springs, FL. The organization was established in 2001. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines Research, 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. Association Of Standardized Patient Educators 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 12/2021, Association Of Standardized Patient Educators Inc generated $213.3k 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 (7.5%) each year. All expenses for the organization totaled $172.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROFESSIONAL SOCIETY FOR PROFESSIONALS IN THE FIELD OF SIMULATED AND STANDARDIZED PATIENT METHODOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE BEST PRACTICES IN THE APPLICATION OF SP METHODOLOGY FOR EDUCATION, ASSESSMENT AND RESEARCH, FOSTER THE DISSEMINATION OF RESEARCH AND SCHOLARSHIP IN THE FIELD OF SP METHODOLOGY, AND ADVANCE THE PROFESSIONAL KNOWLEDGE AND SKILLS OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Galin President | Officer | 2 | $0 |
Denise Lamarra VP For Operations | Officer | 2 | $0 |
Margaret Liu VP For Finance | Officer | 2 | $0 |
Rob Macaulay Past President | Trustee | 2 | $0 |
Jen Owens Conference Comittee Chair | Trustee | 2 | $0 |
Amber Snyder Cirriculum Development & A | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $99,040 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,040 |
| Total Program Service Revenue | $114,217 |
| Investment income | $29 |
| 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 | $213,286 |
| 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 | $100,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| 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 | $961 |
| Information technology | $9,460 |
| 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 | $51,643 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,269 |
| All other expenses | $0 |
| Total functional expenses | $172,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,264 |
| Savings and temporary cash investments | $289,642 |
| 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 | $61,040 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $352,946 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $1,200 |
| 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 | $1,200 |
| Net assets without donor restrictions | $351,746 |
| 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 | $352,946 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Orthopaedic Research And Education Inc Tampa, FL | $1,560,496 | $3,465,860 |
Tampa Va Research And Education Foundation Inc Temple Terrace, FL | $4,353,686 | $3,415,527 |
Bay Pines Foundation Inc Bay Pines, FL | $1,266,331 | $1,296,485 |
Pediatric Heart Transplant Society Foundation Birmingham, AL | $63,523 | $386,033 |
Vaccine And Gene Therapy Institute Of Florida Corp Port St Lucie, FL | $217,466 | $19 |
South Carolina Orthopaedic Association Temple Terrace, FL | $68,707 | $322,769 |
Stem Cell Cancer And Regenerative Medicine Research Inc Boynton Beach, FL | $656,469 | $240,841 |
Joseph M Still Research Foundation Inc Augusta, GA | $285,106 | $464,408 |
American Society For Metabolic And Bariatric Surgery Foundation Inc Newberry, FL | $1,171,870 | $349,808 |
Bashan Institute Of Science Inc Auburn, AL | $1,081,907 | $303,203 |
Corrona Research Foundation Delray Beach, FL | $198,653 | $50,000 |
Association Of Standardized Patient Educators Inc Altamonte Springs, FL | $352,946 | $213,286 |