The Antibody Society Inc

Nonprofit profile at a glance

EIN
208516818
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-EZ 2015
Location
Belmont, MA, USA
Phone
5088088311
Rating
56
Verdict
MIXED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$692,130
Expenses
$491,635
Assets
$1,199,077
Liabilities
$12,566

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

Leadership & pay

15 people listed

Executive titles in this filing

  • Kat Harris (Vice President)
  • Janine Schuurman (President)

Highest reported compensation

  • Janice M Reichert PhD (COO): $138,288 total reported compensation
  • Kristen McPike (Program Officer): $17,142 total reported compensation
  • Esther Kang (Clerk): $13,469 total reported compensation

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

Overview

Mission

The Organization was established to further the broad interests of antibodyengineering and antibody therapeutics and to safeguard the public interest byincreasing discussion and activities to create the safe, thorough testing of antibody therapeutics. The society encompasses this increasingly diverse field by supporting the superstructure for the engineering of recombinant antibodies, single scaffold binders, etc. through basic and applied research by those in academics and the private sector. The Society also seeks to provide a forum and voice for thethousands of people now working on all facets of this global field.

What it reported doing in 2024

MEETINGS PROGRAM: The Antibody Society facilitates discussion and interchange of ideas regarding issues of fundamental importance for basic research, therapeutic development and clinical testing in the field. To achieve this objective, we serve as Scientific Advisors and Session Chairs for two key meetings, Antibody Engineering & Therapeutics (annual meeting of the Society), and Antibody Engineering & Therapeutics Europe. In addition, our Adaptive Immune Receptor Repertoire (AIRR) Community holds workshops designed to develop standards and recommendations for: 1) obtaining, analyzing, curating and comparing/sharing datasets; 2) using and validating tools for analyzing AIRR data; 3) relating datasets to other big data sets, such as microarray, flow cytometric data; and 4) legal and ethical issues involving the use and sharing of AIRR data sets derived from human sources. As a member of the Federation of Clinical Immunology Societies, we also organize Symposia held during their annual meeting.

Operating model

Revenue model
Donor-supported. 81% of the money available for current operations came from contributions and gifts.
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

MIXED - Most voting board members are independent and program spending has grown recently. A relatively small share of available resources goes toward mission work and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 48
  • Transparency & Controls: 50
  • Accountability: 68
  • Sustainability: 69
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 43.4%; rating input score 43
  • Program expense ratio: 59.7%; rating input score 60
  • Fundraising efficiency: $9.32 raised per $1 spent on fundraising; rating input score 35; 35th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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: 80%; rating input score 80; 18th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 29%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 2.44; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 35.3%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 20.9% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 18.4% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 19.3% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 43.4% of revenue deployed · 59.7% of spending went to programs
  • Governance: 12 of 15 board members independent · 4 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $293K in reported program spending
  • Leadership: top reported pay $138K · 15 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 4 filed schedules · includes foreign activity
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 43/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 35/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.