HEALTH PHYSICS SOCIETY

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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

1956

Legal Domicile

Principal Officer

BRETT BURK

Phone

7037901745

Tax Period

2023-09-01 to 2024-08-31

HEALTH PHYSICS SOCIETY, founded in 1956, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

PROMOTING THE DEVELOPMENT OF SCIENTIFIC KNOWLEDGE, AND THE PROTECTION OF MAN AND HIS ENVIRONMENT FROM THE HARMFUL EFFECTS OF RADIATION.

Program Service Accomplishments

Program 1

PUBLICATIONS OF HEALTH PHYSICS JOURNAL, NEWLETTERS, HANDBOOK AND OTHER PUBLICATIONS.

Program 2

ANNUAL MEETING, MIDYEAR MEETING, AND ENRICHMENT PROGRAMS TO PROMOTE THE OBJECTIVES OF THE SOCIETY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,989

Program Service Revenue $2,447,944

Investment Income $69,906

Other Revenue $42,014

TOTAL REVENUE $2,567,853

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,539,410

TOTAL EXPENSES $2,539,410

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,567,853	$2,010,760	+0.3%
Expenses	$2,539,410	$2,182,763	+0.2%
Net Income	$28,443	$-172,003	-1.2%

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

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
MIKE BOYD	DIRECTOR	2.00	Director	$0	$0	$0
SHAHEEN DEWJI	DIRECTOR	2.00	Director	$0	$0	$0
ANGELA LEEK	DIRECTOR	2.00	Director	$0	$0	$0
DEREK JOKISCH	DIRECTOR	2.00	Director	$0	$0	$0
TANYA PALMATEER-OXENBERG	DIRECTOR	2.00	Director	$0	$0	$0
ADELA SALAME-ALFIE	DIRECTOR	2.00	Director	$0	$0	$0
BRETT J BURK	EXECUTIVE DIRECTOR	2.00	Officer	$0	$0	$0
ELIZABETH BRACKETT	PRESIDENT	2.00	Officer	$0	$0	$0
TIM KIRKHAM	SECRETARY	2.00	Officer	$0	$0	$0
MIKE MAHATHY	TREASURER-ELECT	2.00	Officer	$0	$0	$0
KENDALL BERRY	TREASURER	2.00	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
2024	$2,567,853	$2,539,410	$2,036,066	$28,443
2023	$2,010,760	$2,182,763	$1,774,072	$-172,003
2022	$2,377,400	$1,982,001	$1,817,307	$395,399
2021	$1,916,212	$1,815,472	$2,064,994	$100,740
2020	$1,578,815	$1,546,606	$1,789,700	$32,209
2019	$2,190,266	$2,268,505	$1,503,766	$-78,239
2018	$2,211,133	$2,161,126	$1,563,399	$50,007