INTERNATIONAL SOCIETY FOR THE ADVA… - 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

2001

Legal Domicile

Phone

6306811040

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL SOCIETY FOR THE ADVANCEMENT OF SPINE SURGERY INC, founded in 2001, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.2M left a modest 6% surplus.

Mission

The organization serves as a scientific, and educational society that provides a forum for discussion and understanding of all aspects of basic and clinical science and other fundamental topics to restore and improve motion and function of the spine.

Program Service Accomplishments

Program 1

Expenses: $992,876 Revenue: $933,776

EDUCATIONAL MEDICAL CONFERENCES AND COURSES TO FACILITATE INFORMATION EXCHANGE RELATING TO ADVANCEMENTS IN SPINAL SURGERY

Program 2

Expenses: $178,712 Revenue: $167,996

THE SOCIETY PUBLISHES THE INTERNATIONAL JOURNAL OF SPINE SURGERY TO PROMOTE AND DISSEMINATE ONLINE THE MOST UP-TO DATE SCIENTIFIC AND CLINICAL RESEARCH REGARDING INNOVATIONS IN SPINAL SURGERY...

THE SOCIETY PUBLISHES THE INTERNATIONAL JOURNAL OF SPINE SURGERY TO PROMOTE AND DISSEMINATE ONLINE THE MOST UP-TO DATE SCIENTIFIC AND CLINICAL RESEARCH REGARDING INNOVATIONS IN SPINAL SURGERY RESULTING IN THE PRESERVATION OF MOTION AND NEW TECHNIQUES AND TECHNOLOGIES IN SPINAL SURGERY, INCLUDING BASIC SCIENCE, BIOLOGICS AND TISSUE ENGINEERING

Program 3

Expenses: $23,719 Revenue: $4,000

ADVOCACY: ISASS HOLDS A SEAT ON THE AMA HOUSE OF DELEGATES TO REPRESENT THE INTERESTS OF SPINE SURGERY INCLUDING FAIR PRICING STRUCTURES FOR THE INDUSTRY AND COVERAGE DECISIONS FROM CRITICAL ADVISORY ORGANIZATIONS AND HEALTH INSURANCE PROVIDERS WHICH ARE CRITICAL TO PATIENT CARE. ISASS HAS PUBLISHED NUMEROUS COVERAGE RECOMMENDATIONS WHICH HAVE POSITIVELY AFFECTED COVERAGE OF SPINAL PROCEDURES.

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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 $154,859

Program Service Revenue $1,154,272

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,309,131

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,195,307

Other Expenses $1,236,961

TOTAL EXPENSES $1,236,961

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,309,131	$1,229,554	+0.1%
Expenses	$1,236,961	$1,305,667	-0.1%
Net Income	$72,170	$-76,113	-1.9%

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
MORGAN LORIO MD FACS	PRESIDENT - US	1.00	Officer Director	$0	$0	$0
MATTHEW SCOTT-YOUNG	PRESIDENT - INTERNATIONAL	1.00	Officer Director	$0	$0	$0
ALEX VACCARO MD	TREASURER	1.00	Director	$0	$0	$0
MICHAEL WANG MD	PAST PRESIDENT, US	1.00	Officer Director	$0	$0	$0
HUI LIN YANG MD PHD	PAST PRESIDENT-INTERNATIONAL	1.00	Officer Director	$0	$0	$0
OSCAR ALVES MD	DIRECTOR AT LARGE	1.00	Officer Director	$0	$0	$0
ALI ARAGHI DO	PRESIDENT-ELECT US	1.00	Officer Director	$0	$0	$0
NEEL ANAND MD	MEMBER AT LARGE	1.00	Officer Director	$0	$0	$0
LUIS M TUMIALAN MD	SECRETARY	1.00	Officer Director	$0	$0	$0
ROLANDO GARCIA MD	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
AVELINO PARAJON MD	PRESIDEN-ELECT INTERNATIONAL	1.00	Director	$0	$0	$0
ADAM KANTER	MEMBER AT LARGE	1.00	Director	$0	$0	$0
SEOK-WOO KIM MD	MEMBER AT LARGE	1.00	Director	$0	$0	$0
ERIC A POTTS MD	MEMBER AT LARGE	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
2025	No data	No data	No data	No data
2024	$1,309,131	$1,236,961	$683,343	$72,170
2023	$1,229,554	$1,305,667	$381,768	$-76,113
2022	$1,159,402	$1,087,799	$370,151	$71,603
2021	$1,158,252	$1,184,089	$331,551	$-25,837
2020	$972,526	$1,121,796	$347,873	$-149,270
2019	$1,127,544	$1,177,472	$710,863	$-49,928
2018	$1,666,609	$1,557,947	$618,387	$108,662

INTERNATIONAL SOCIETY FOR THE ADVANCEMENT OF SPINE SURGERY INC