ADVANCED PET IMAGING NETWORK (EIN 113703981) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

ROD ZAPOLSKI

Phone

9898379039

Tax Period

2023-07-01 to 2024-06-30

ADVANCED PET IMAGING NETWORK, founded in 2003, is a small nonprofit in the Health Care sector that reported $919K in total revenue in fiscal year 2023.

Mission

TO PROVIDE MOBILE POSITRON EMISSION TOMOGRAPHY IMAGING EQUIPMENT AND SERVICES TO 6 HOSPITALS THAT OTHERWISE DID NOT OFFER THIS SERVICE TO PATIENTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $918,800

Investment Income $0

Other Revenue $0

TOTAL REVENUE $918,800

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $773,379

Other Expenses $911,641

TOTAL EXPENSES $911,641

Year-over-Year Comparison

	2023	2022	Change
Revenue	$918,800	$860,000	+0.1%
Expenses	$911,641	$961,103	-0.1%
Net Income	$7,159	$-101,103	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

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

$613,321

Total Directors

$858,213

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CROSS BRYAN	FORMER SECRETARY/TREASURER	0.00		$0	$173,563	$888,254
ERICKSON MICHAEL	FORMER SECRETARY/TREASURER	0.00		$0	$85,186	$600,463
PROVENZANO JEFFREY	SECRETARY/TREASURER	2.00	Officer Director	$0	$42,794	$359,784
ZAPOLSKI ROD	PRESIDENT	2.00	Officer Director	$0	$36,958	$253,537
MORGAN VICTOR	DIRECTOR	2.00	Director	$0	$27,232	$244,892
HAYWOOD NANCY	DIRECTOR	2.00	Director	$0	$0	$0
LEAMAN-CASE SHARON	DIRECTOR (PART YEAR)	2.00	Director	$0	$0	$0
NEWMAN MICHELLE	DIRECTOR	2.00	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
2024	$918,800	$911,641	$321,759	$7,159
2023	$860,000	$961,103	$311,457	$-101,103
2022	$826,895	$787,894	$402,851	$39,001
2021	$990,195	$773,199	$804,177	$216,996
2020	$1,360,872	$910,232	$607,508	$450,640
2019	$1,258,592	$1,069,924	$866,209	$188,668
2018	$1,207,544	$1,069,162	$1,407,196	$138,382

ADVANCED PET IMAGING NETWORK