Glen Ellyn, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Foundation for Venous & Lymphatic Diseases, founded in 2005, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $161K in total revenue in fiscal year 2024. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $269K exceeded revenue, resulting in a 67% operating deficit.
To advance, support and encourage the medical practice of phlebology by providing financial and technical resources.
Through the organizations charitable grant making, the field of vein care works with other medical associations to develop standards of care, certificate exams, and educational materials for the...
Through the organizations charitable grant making, the field of vein care works with other medical associations to develop standards of care, certificate exams, and educational materials for the physicians and allied healthcare professionals interested in venous and lymphatic disease. It also allows them to have a direct voice on the floor of the AMA and in Centers for Medicare & Medicaid Services for recommendations to protect patient access to care.
Education: The organization has provided funding through grants to an accredited society so that in the evolving world of vein care, it is able to provide the latest training and continuing education...
Education: The organization has provided funding through grants to an accredited society so that in the evolving world of vein care, it is able to provide the latest training and continuing education to vein care practitioners through live, enduring, and immersive virtual courses. This training to individuals allows them to improve and increase their capabilities when working with their patients for a better quality of life.
Research: By conducting practice-based research or practical research based on data collected from our physician members, the organization funds organizations committed to expanding the field of...
Research: By conducting practice-based research or practical research based on data collected from our physician members, the organization funds organizations committed to expanding the field of venous and lymphatic research to determine the best strategies and queries for the research. The data collected and analyzed is then used to help improve patient outcomes.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $160,880 | $590,049 | -0.7% |
| Expenses | $268,878 | $529,153 | -0.5% |
| Net Income | $-107,998 | $60,896 | -2.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Nick Morrison | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Philip Sporidis | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| John Mangold | Acting Executive Director | 1.00 |
Director
|
$0 | $0 | $0 |
| James Albert | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Sharon Brownlee | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kristie Burns | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Liza E Giammaria | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lornell Hansen | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Sanjiv Lakhanpal | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Mark Meissner | Past Chair | 1.00 |
Director
|
$0 | $0 | $0 |
| Erin Murphy | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Diana Neuhardt | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| AJ Riviezzo | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Robert Worthington-Kirsch | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Eric Ansart | Diredtor | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeff Lemaster | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Matthew M Melin | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lynn Oster | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Marlin Schul | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kathleen D Gibson | Chairman of the Board | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $160,880 | $268,878 | $114,643 | $-107,998 |
| 2024 | $737,143 | $676,246 | $114,543 | $60,897 |
| 2023 | $544,982 | $634,689 | $143,354 | $-89,707 |
Compare Foundation for Venous & Lymphatic Diseases with other nonprofits in Illinois and across the country.