Plasma Protein Therapeutics Assoc
Nonprofit profile at a glance
- EIN
- 521800187
- IRS 990 coverage
- 2014–2025
- Forms available
- Form 990 2025
- Location
- Annapolis, MD, USA
- Phone
- 4434584676
- Rating
- 34
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $14,575,171
- Expenses
- $15,873,570
- Assets
- $11,603,413
- Liabilities
- $4,660,962
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- ANITA SPEAR (PRESIDENT &)
Highest reported compensation
- ANITA SPEAR (PRESIDENT &): $789,354 total reported compensation
- JOSHUA PENROD (SR VP GLOBAL): $577,504 total reported compensation
- JAMES KNOWLES (SR DIR GLOB.): $350,255 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ppta drives broad and reliable access to high-quality plasma protein therapies, with a focus on the well-being of patients and plasma donors.
What it reported doing in 2025
As a trusted partner to health systems, ppta drives broad and reliable access to high-quality plasma protein therapies, with a focus on the well- being of patients and plasma donors. The plasma protein therapeutics association (ppta) represents a unique sector of the biologics and biotechnology industry. Ppta represents more than 1,000 human plasma collection centers in north america and europe, as well as the manufacturers of lifesaving plasma protein therapies. Our members produce approximately 80% of the plasma protein therapies in the u.s. And 60% of those manufactured in europe. Ppta works globally to advocate for patient access to plasma-derived medicines, responsibly improve the availability of plasma, and advance the understanding of the plasma ecosystem: -promote clinician authority and patient participation in treatment decisions -pursue reimbursement models recognizing the unique nature of plasma protein therapies -shape decisions of authorities to improve plasma protein therapy availability -forage partnerships that support patient-focused initiatives -advocate for global sufficiency of plasma -pioneer plasma safety and manufacturing quality and support donor well- being -drive progressive policies for plasma collections -encourage plasma donation, globally -generate and promote evidence-based information about plasma -explain the importance, unique nature, and value of plasma protein therapies plasma and plasma collection: plasma is the clear, straw-colored liquid portion of blood that remains after red blood cells, white blood cells, platelets and other cellular components are removed. It is the single largest component of human blood, comprising about 55 percent, and contains water, salts, enzymes, antibodies and other proteins. -composed of 90% water, plasma is a transporting medium for cells and a variety of substances vital to the human body. -plasma carries out a variety of functions in the body, including clotting blood, fighting diseases and other critical functions. -source plasma is plasma that is collected from healthy, voluntary donors through a process called plasmapheresis and is used exclusively for further manufacturing into final therapies (fractionation). Source plasma donors may be compensated for their time and effort. -recovered plasma is collected through whole blood donation in which plasma is separated from its cellular components. Recovered plasma may be used for fractionation. Source plasma is collected through a process called plasmapheresis. In more than 1,000 specialized donation centers located in the u.s. And europe, individuals may donate plasma. Plasmapheresis is a sterile, self-contained, automated process that separates plasma from red blood cells and other cellular components which are then returned to the donor. Source plasma collection in the u.s. Is regulated by the u.s. Food and drug administration (fda) and, in europe, by the european medicines agency (ema) and national regulatory authorities. Plasma manufacturing: source and recovered plasma is the starting material used to manufacture lifesaving therapies. The manufacturing process is known as fractionation. Proteins are separated through this process to create numerous plasma protein therapies. This process is carried out using well-established purification methods such as precipitation, centrifugation, separation, and filtration. Plasma is pooled and processed through a process called "fractionation" that employs time, temperature, ph, and alcohol concentrations to extract specific therapeutic proteins. These are then subjected to various purification methods and viral inactivation and removal processes to further ensure their safety and efficacy. Preparing a therapy often takes from 7-12 months between donation and final product release. This sets the production of plasma protein therapies apart from chemical pharmaceuticals and other biologics whose manufacturing processes are much more condensed and whose direct manu
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
REVIEW - Most voting board members are independent and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 39
- Accountability: 91
- Sustainability: 13
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- 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: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -8.9%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 0.73; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0.4; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 23.2%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3.2% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 6.6% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 3 of 3 board members independent · 7 of 9 filing controls reported
- Programs: 2 filed program accomplishments
- Leadership: top reported pay $789K · 13 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $230K reported
- Consistency: 12 of 13 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes foreign activity and executive pay
- Filing history: 11 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 10 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Sustainability: Operating margin scored 7/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 4/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.