MEDICAL SOCIETY OF THE COUNTY OF SCHENECTADY (EIN 141441480) - 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

1810

Legal Domicile

Principal Officer

CAROLYN JONES-ASSINI MD

Phone

5183463300

Tax Period

2023-12-01 to 2024-11-30

MEDICAL SOCIETY OF THE COUNTY OF SCHENECTADY, founded in 1810, is a micro nonprofit that reported $42K in total revenue in fiscal year 2023. Expenses of $56K exceeded revenue, resulting in a 34% operating deficit.

Mission

THE PURPOSE OF THE MEDICAL SOCIETY OF THE COUNTY OF SCHENECTADY SHALL BE TO EXTEND MEDICAL KNOWLEDGE, ADVANCE MEDICAL SCIENCE, AND ESTABLISH AND MAINTAIN AN APPROPRIATE AND EQUITABLE RELATIONSHIP WITH THE PUBLIC,GOVERNMENT, AND ALL AGENCIES WORKING IN THE FIELD OF HEALTH AND WELFARE; AND TO ENLIGHTEN AND DIRECT PUBLIC OPINION IN REGARD TO THE PROBLEMS AND MEDICINE AND HEALTH FOR THE BEST INTERESTS OF THE PEOPLE OF THE COUNTY OF SCHENECTADY.

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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 $15,434

Program Service Revenue $0

Investment Income $18,180

Other Revenue $8,202

TOTAL REVENUE $41,816

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,226

Fundraising Expenses $0

Program Expenses $22,992

Other Expenses $36,939

TOTAL EXPENSES $56,165

Year-over-Year Comparison

	2023	2022	Change
Revenue	$41,816	$41,462	+0.0%
Expenses	$56,165	$51,580	+0.1%
Net Income	$-14,349	$-10,118	+0.4%

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

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
CAROLYN JONES - ASSINI MD	PRESIDENT	1.00	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	$41,816	$56,165	$353,727	$-14,349
2023	$41,462	$51,580	$326,654	$-10,118
2022	$47,442	$33,182	$332,295	$14,260
2021	$42,760	$32,723	$377,894	$10,037
2020	$16,706	$37,512	$340,944	$-20,806

MEDICAL SOCIETY OF THE COUNTY OF SCHENECTADY