THE PODIATRY SOCIETY OF THE STATE OF NY D/B/A THE FDN FOR PODIATRIC MEDICINE (EIN 061179217) - Form 990 Financial Analysis & Trantor Score

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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

1986

Legal Domicile

Principal Officer

NORA SAARI

Phone

2129964400

Tax Period

2024-05-01 to 2025-04-30

THE PODIATRY SOCIETY OF THE STATE OF NY D/B/A THE FDN FOR PODIATRIC MEDICINE, founded in 1986, is a small nonprofit in the Health Care sector that reported $361K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $421K exceeded revenue, resulting in a 17% operating deficit.

Mission

ANNUAL CLINICAL CONFERENCE, PROVIDING CONTINUING EDUCATION FOR PODIATRISTS

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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 (2024)

Revenue Breakdown

Contributions & Grants $94,378

Program Service Revenue $262,559

Investment Income $3,634

Other Revenue $0

TOTAL REVENUE $360,571

Expense Breakdown

Grants Paid $3,500

Salaries & Benefits $0

Fundraising Expenses $17,611

Program Expenses $274,483

Other Expenses $412,692

TOTAL EXPENSES $420,803

Year-over-Year Comparison

	2024	2023	Change
Revenue	$360,571	$431,083	-0.2%
Expenses	$420,803	$456,646	-0.1%
Net Income	$-60,232	$-25,563	+1.4%

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
DR DANIEL KEATING	PRESIDENT	2.00	Officer Director	$0	$0	$0
DR CHARLES LOMBARDI	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DR WILLIAM SPIELFOGEL	TREASURER	2.00	Officer Director	$0	$0	$0
DR LAUREN SCHWARTZ	SECRETARY	2.00	Officer Director	$0	$0	$0
DR NICHOLAS ARGERAKIS	DIRECTOR	2.00	Director	$0	$0	$0
DR EMILIO GOEZ	DIRECTOR	2.00	Director	$0	$0	$0
DR JAMES HANNA	DIRECTOR	2.00	Director	$0	$0	$0
DR JACKIE PREVETE	DIRECTOR	2.00	Director	$0	$0	$0
DR PAUL LISWOOD	DIRECTOR	2.00	Director	$0	$0	$0
RYAN ROSENBAUM	EXECUTIVE DIRECTOR (THRU 4/25)	10.00	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
2025	$360,571	$420,803	$137,966	$-60,232
2024	$431,083	$456,646	$288,296	$-25,563
2023	$420,744	$498,145	$194,312	$-77,401
2022	$208,364	$272,800	$301,839	$-64,436
2021	$202,796	$225,648	$350,120	$-22,852
2020	$483,905	$477,318	$352,903	$6,587
2019	$509,902	$496,859	$402,836	$13,043
2018	$520,236	$513,791	$358,931	$6,445

THE PODIATRY SOCIETY OF THE STATE OF NY D/B/A THE FDN FOR PODIATRIC MEDICINE