Florida Society of Interventional … - Form 990 Financial Data

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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

2003

Legal Domicile

Phone

3525970907

Tax Period

2025-01-01 to 2025-12-31

Florida Society of Interventional Pain Physicians Inc, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $408K in total revenue in fiscal year 2025. Revenue decreased 13% compared to the prior year. Expenses of $511K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO PURSUE EXCELLENCE IN EDUCATION AS IT CONCERNS INTERVENTIONAL PAIN MANAGEMENT AND RELATED SCIENCES. TO UPHOLD HIGH PRINCIPLES, POLICIES AND PRACTICES FOR THE ATTAINMENT OF THE BEST IN CARE FOR THE PATIENT SUFFERING PAIN. TO PROVIDE COMMUNICATION WITH OTHER GROUPS WITH COMPLEMENTARY INTERESTS. TO DEVELOP UNDERSTANDING OF THE SOCIOECONOMIC IMPACT OF PAIN AND ITS TREATMENT,

Program Service Accomplishments

Program 1

Expenses: $412,657

CLINICAL WORKSHOPS CONFERENCES

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $70,669

Program Service Revenue $337,333

Investment Income $0

Other Revenue $0

TOTAL REVENUE $408,002

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $412,657

Other Expenses $510,963

TOTAL EXPENSES $510,963

Year-over-Year Comparison

	2025	2024	Change
Revenue	$408,002	$470,206	-0.1%
Expenses	$510,963	$594,283	-0.1%
Net Income	$-102,961	$-124,077	-0.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREA TRESCOT MD PhD	DIRECTOR	000.50	Director	$0	$0	$0
VIJAY BABU MD	DIRECTOR	000.50	Director	$0	$0	$0
DEBORAH TRACY MD	DIRECTOR	000.50	Director	$0	$0	$0
HAROLD J CORDNER MD	DIRECTOR	000.50	Director	$0	$0	$0
JESSE LIPNICK MD	DIRECTOR	000.50	Director	$0	$0	$0
MICHELLE BYERS	EXECUTIVE DIRECTOR	020.00	Director	$0	$0	$0
HAROLD DALTON	DIRECTOR	000.50	Director	$0	$0	$0
MICHAEL ESPOSITO MD	DIRECTOR	000.50	Director	$0	$0	$0
LOUIS RASO MD	DIRECTOR	000.50	Director	$0	$0	$0
QUANG NGUYEN MD	DIRECTOR	000.50	Director	$0	$0	$0
JULIO PAEZ MD	PAST PRESIDENT	000.50	Officer	$0	$0	$0
MAULIK BHALANI MD	PRESIDENT	000.50	Officer	$0	$0	$0
SUNIL PANCHAL MD	DIRECTOR	000.50	Officer	$0	$0	$0
VANIA FERNANDEZ	PRESIDENT ELECT	000.50	Officer	$0	$0	$0
RENE PRZKORA MD PhD	SECRETARY	000.50	Officer	$0	$0	$0
JONATHAN DAITCH	TREASURER	000.50	Officer	$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
2025	$408,002	$510,963	$111,124	$-102,961
2024	$470,206	$594,283	$134,137	$-124,077
2023	$534,407	$477,127	$258,214	$57,280
2022	$404,021	$368,267	$200,934	$35,754
2021	$436,479	$357,900	$165,180	$78,579
2020	$108,108	$201,190	$86,601	$-93,082

Florida Society of Interventional Pain Physicians Inc