Medical Affairs Professional Society

Nonprofit profile at a glance

EIN
815288660
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Golden, CO, USA
Phone
3034952073
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$8,075,379
Expenses
$7,891,373
Assets
$2,000,408
Liabilities
$967,599

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • TRAVIS HEGE (CEO)

Highest reported compensation

  • TRAVIS HEGE (CEO): $264,747 total reported compensation
  • MARIA GIORDANO (DIRECTOR OF STRATEGIC PARTNERSHIPS): $189,424 total reported compensation
  • GARTH SUNDEM (DIRECTOR OF COMMUNICATIONS AND MARKETING): $145,043 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to advance the medical affairs profession and increase its impact across the biopharmaceutical and device industry by:-promoting excellence across medical affairs functions-developing guidelines to support industry standards and best practices-fostering advocacy for the medical affairs profession-building capabilities and provide a platform that supports the practice of medical affairs

What it reported doing in 2024

Maps provides a comprehensive membership program which includes innovative learning and development programs, standards and guidance documents and tools, e-learning modules, informative resources, live and on-demand webinars, and an active, ongoing virtual community with discussion forums and additional resources. Memberships increased 21% year-end 2024 compared to year-end 2023, with 14,551 active members by the end of 2024. Partner circle: the maps partner circle helps accomplish the goals and vision of our non-profit society. This annual proram provides our contributing solution provider partners with access to partner with maps leadership, faculty, key decision makers and thought leaders in medical affairs as we continue to bring value and guidance to our members and the medical affairs community as a whole.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 43
  • Accountability: 82
  • Sustainability: 27
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.3%; rating input score 77
  • Program expense ratio: 79.1%; rating input score 79
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 7th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 92.9%; rating input score 93; 23rd percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.3%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0.48; rating input score 22; 22nd percentile among comparable filings
  • Officer compensation ratio: 14.5%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 28.4% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 27.7% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 32.1% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 77.3% of revenue deployed · 79.1% of spending went to programs
  • Governance: 13 of 14 board members independent · 6 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $6.2M in reported program spending
  • Leadership: top reported pay $265K · 21 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $388K reported
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes foreign activity and executive pay
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.
  • High — Sustainability: Liabilities to assets ratio scored 22/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.