Psychometric Society Educational Testing Service

Windsor, WI · Public charity (501(c)(3)) · Social Science

✓ Tax-deductible Latest data FY2024
Revenue
$434K
▲ +10% vs prior year
Spent
$411K
To programs
97%
Net assets
$758K

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
Not on file
Spent on programs?
97% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +10% vs prior year
Legal name (IRS)Hdr · item CPsychometric Society Educational Testing Service
EINHdr · item D59-6169781
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2020
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CWindsor, WI
NTEE classificationIRS BMFSocial Science (V20)
WebsiteHdr · item Jwww.psychometrika.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$400K
Management & general3%$11K
Total functional expensesLn 25$411K

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$434K
FY2024▲ +10%
Expenses
$411K
FY2024▼ -8%
Program efficiency
97%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
22.7mo
months of highly liquid reserves at operating expense rate▲ +23% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▲ +138% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$788K
FY2024▲ +14%
Total liabilities
$30K
FY2024▲ +198%
Revenue less expensesPt I · Ln 19$22K
Total assetsPt X · Ln 16$788K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Balance Sheet

Part X · end of year
CashLn 1$108K
Total assetsLn 16$788K
Total liabilitiesLn 26$30K
Total net assetsLn 32$758K
Months of cash on handcomputed3.2

Statement of Revenue

Part VIII
Program service revenue$397K · 92%
Other revenue$26K · 6%
Investment income$8K · 2%
Contributions & grants$3K · 1%
Program service revenue92%$397K
Other revenue6%$26K
Investment income2%$8K
Contributions & grants1%$3K
Total revenueLn 12$434K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $776K · Operating expenses/yr $411K
22.7 months
Where the money goes
Program services
Program services $400K · Total expenses $411K
97%
Management & General
Management & general $11K · Total expenses $411K
3%
Fundraising
Fundraising $0 · Total expenses $411K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $2K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $3K · Total revenue $434K
0.6%
Government reliance
Government grants — · Total revenue $434K
—
Earned-income share
Program service revenue $397K · Total revenue $434K
92%
Investment reliance
Investment income $8K · Total revenue $434K
+2%
Program self-sufficiency
Program service revenue $397K · Total expenses $411K
97%
Growth & trend
Revenue growth (YoY)
This year $434K · Prior year $395K
+10%
Revenue CAGR
FY2020 $219K · FY2024 $434K
+19%
Net-asset trend (YoY)
End of year $758K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $434K · Expenses $411K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $788K
—
Net-asset ratio
Net assets $758K · Total assets $788K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $668K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $788K
85%
People & payroll
Highest Reported Total Compensation
Individual Denny Borsboom · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $411K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $411K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%——
Overhead ratio 3%——
Fundraising cost ratio 0%——
Revenue growth 10%——
Investment management fee ratio 0.5%——
Legal fee ratio 1%——
Accounting fee ratio 0.2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President-El
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Past-Preside
$0Pt VII · Sec A
Dir Board of
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
See Psychometric Society Educational Testing Service executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Advances quantitative measurement practices in psychology, education, and social sciences.

Provided by the organization

This section is blank until Psychometric Society Educational Testing Service claims this page.

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Mission & Programs · Part III

Where the work happens

2 program services account for $400K of program spending, described in the organization's own filed words · FY2024.
01

In addition to the journal, the society conducts an annual meeting. This meeting provides a research forum for contributed papers on current issues relevant to the field of psychometrics. The society held its 2024 annual meeting from july 15-19 in minneapolis MN, usa.

$381Kprogram expense
02

The society publishes the journal "psychometrika", which contains articles on the development of quantitative models of psychological phenomena, as well as statistical methods and mathematical techniques for evaluating psychological and educational data.

$19Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $10K · 2024–2024
Unitemized GrantFY2024$10,000

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $434K$411K+10% 990 PDF
FY2023 $395K$448K+6% 990 PDF
FY2022 $372K$327K+78% 990 PDF
FY2021 $209K$159K-4% 990 PDF
FY2020 $219K$158K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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