NEW YORK ROENTGEN SOCIETY INC

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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

1912

Legal Domicile

Principal Officer

RICHARD FLEURY

Phone

2126061233

Tax Period

2024-06-01 to 2025-05-31

NEW YORK ROENTGEN SOCIETY INC, founded in 1912, is a micro nonprofit that reported $76K in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $87K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO FORM A CLOSER BOND BETWEEN RADIOLOGISTS WITHIN THE NEW YORK AREA TO BENEFIT THE ADVANCEMENT OF RADIOLOGICAL PRACTICES. ACTIVITIES INCLUDE MONTHLY MEETINGS, EDUCATIONAL SEMINARS, ANNUAL CONFERENCES AND WORKSHOPS.

Program Service Accomplishments

Program 1

Expenses: $70,278 Revenue: $76,195

EVENT EXPENSES FOR MEETINGS CONFERENCES AND AWARDS.

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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 $76,195

Program Service Revenue $0

Investment Income $6

Other Revenue $0

TOTAL REVENUE $76,201

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,754

Fundraising Expenses $0

Program Expenses $70,278

Other Expenses $52,826

TOTAL EXPENSES $86,580

Year-over-Year Comparison

	2024	2023	Change
Revenue	$76,201	$151,160	-0.5%
Expenses	$86,580	$160,997	-0.5%
Net Income	$-10,379	$-9,837	+0.1%

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

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

$25,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD FLEURY	EXECUTIVE DIRECTOR	10.00	Director	$25,000	$0	$25,000
STUART BENTLEY-HIVVERT MD	PRESIDENT	0.00	Officer	$0	$0	$0
ADAM JACOBI MD	VICE PRES & PRESIDENT ELECT	0.00	Officer	$0	$0	$0
GIRISH FATTERPEKAR MD	SEC/TRSR	0.00	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	$76,201	$86,580	$146,882	$-10,379
2024	$151,160	$160,997	$157,261	$-9,837
2022	$136,904	$143,247	$207,946	$-6,343
2020	$140,412	$101,555	$129,265	$38,857
2019	$159,594	$135,501	$90,408	$24,093
2018	$119,784	$144,457	$66,313	$-24,673