MASSACHUSETTS FOOT AND ANKLE SOCIETY INC

EIN: 042487282

WESTFORD, MA

Total Revenue
$215,115
Total Expenses
$200,094
Total Assets
$647,227
Net Assets
$580,625
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1906
Legal Domicile
MA
Principal Officer
FRANK CAMPO DPM
Phone
9782560935
Tax Period
2021-06-01 to 2022-05-31

MASSACHUSETTS FOOT AND ANKLE SOCIETY INC, founded in 1906, is a small nonprofit that reported $215K in total revenue in fiscal year 2021. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $200K left a modest 7% surplus.

Mission

THE MASSACHUSETTS FOOT AND ANKLE SOCIETY IS THE PROFESSIONAL MEDICAL ASSOCIATION REPRESENTING PODIATRIC PHYSICIANS AND SURGEONS IN MASSACHUSETTS. THE OBJECTIVES OF THIS SOCIETY ARE TO PROMOTE THE ART AND SCIENCE OF PODIATRIC MEDICINE AND THE IMPROVEMENT OF PUBLIC HEALTH, ADVOCATE ON BEHALF OF OUR MEMBERS AND, AS AN AFFILIATED COMPONENT OF THE AMERICAN PODIATRIC MEDICAL ASSOCIATION (APMA), TO CARRY OUT THE PURPOSE OF THE AMERICAN PODIATRIC MEDICAL ASSOCIATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $22,775
Program Service Revenue $184,808
Investment Income $7,532
Other Revenue $0
TOTAL REVENUE $215,115

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $200,094
TOTAL EXPENSES $200,094

Year-over-Year Comparison

2021 2020 Change
Revenue $215,115 $173,742 +0.2%
Expenses $200,094 $179,282 +0.1%
Net Income $15,021 $-5,540 -3.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK CAMPO DPM PRESIDENT 10.00
Officer Director
$0 $0 $0
HAU PHAM DPM PRESIDENT-EL 1.00
Officer Director
$0 $0 $0
ANTHONY TICKNER DPM VICE PRESIDE 10.00
Officer Director
$0 $0 $0
DAVE SIPALA DPM SECRETARY-TR 5.00
Officer Director
$0 $0 $0
WALLY WOLF DPM IMMEDIATE PA 1.00
Officer Director
$0 $0 $0
SCOTT M ARONSON DPM TRUSTEE 1.00
Director
$0 $0 $0
PHILIP BASILE DPM TRUSTEE 1.00
Director
$0 $0 $0
REBECCA CALDER DPM TRUSTEE 1.00
Director
$0 $0 $0
QUINN CHARBONNEAU DPM TRUSTEE 1.00
Director
$0 $0 $0
RAY MURANO III DPM TRUSTEE 1.00
Director
$0 $0 $0
BENJAMIN SAVIET DPM TRUSTEE 1.00
Director
$0 $0 $0
TYLER SILVERMAN DPM TRUSTEE 1.00
Director
$0 $0 $0
NASSIM TABRIZI DPM RESIDENT TRU 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $215,115 $200,094 $647,227 $15,021
2021 $173,742 $179,282 $681,679 $-5,540
2020 $208,933 $168,478 $561,163 $40,455
2019 $241,384 $201,711 $556,480 $39,673
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