ONONDAGA COUNTY MEDSOCIETY 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

1937

Legal Domicile

Principal Officer

DEBORAH H COLVIN

Phone

3154248118

Tax Period

2024-01-01 to 2024-12-31

ONONDAGA COUNTY MEDSOCIETY INC, founded in 1937, is a small nonprofit that reported $218K in total revenue in fiscal year 2024.

Mission

MEMBERSHIP ORGANIZATION ACTING AS LIASON BETWEEN MEMBER PHYSICIANS AND GENERAL PUBLIC.

Program Service Accomplishments

Program 1

Expenses: $161,337 Revenue: $131,965

SOCIETY OF 897 DOCTORS AS LIASON FOR COMMUNICATION WITH GENERAL PUBLIC AND WITH OTHER DOCTORS

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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 $0

Program Service Revenue $131,965

Investment Income $0

Other Revenue $85,863

TOTAL REVENUE $217,828

Expense Breakdown

Grants Paid $0

Salaries & Benefits $157,141

Fundraising Expenses $0

Program Expenses $161,337

Other Expenses $70,092

TOTAL EXPENSES $227,233

Year-over-Year Comparison

	2024	2023	Change
Revenue	$217,828	$216,655	+0.0%
Expenses	$227,233	$215,914	+0.1%
Net Income	$-9,405	$741	-13.7%

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
SANAEA BAHAGWAGER	MEDICAL STUD	N/A	Director	$0	$0	$0
FAIZ KIDWAI DO	MEMBER-AT-LA	N/A	Director	$0	$0	$0
BETH CADY BURGHARDT MD	MEMBER-AT-LA	N/A	Director	$0	$0	$0
CORY CHRISTIANSON MD	RESIDENT REP	N/A	Director	$0	$0	$0
RICHARD SEMERAN MD	MEMBER-AT-LA	N/A	Director	$0	$0	$0
RINA DAVIS MD	MEMBER-AT-LA	N/A	Director	$0	$0	$0
TINA CHEE MD	MEMBER-AT-LA	N/A	Director	$0	$0	$0
VIREN KAUL MD	MEMBER-AT-LA	N/A	Director	$0	$0	$0
DEBORAH H COLVIN	CHIEF FINANC	N/A	Officer	$0	$0	$0
MICHAEL G SHEEHAN MD	TREASURER	N/A	Officer	$0	$0	$0
ROBERT DRACKER MD	PAST PRESIDE	N/A	Officer	$0	$0	$0
DIGANT NANAVATI MD	PRESIDENT	N/A	Officer	$0	$0	$0
JULIE C PANNA	EXECUTIVE DI	N/A	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	$217,828	$227,233	$354,764	$-9,405
2023	$216,655	$215,914	$368,385	$741
2022	$218,192	$186,833	$330,990	$31,359
2021	$286,455	$197,328	$401,175	$89,127
2020	$255,148	$304,391	$333,813	$-49,243
2019	$275,837	$260,466	$361,736	$15,371
2018	$286,534	$303,007	$340,371	$-16,473