Radiology Business Management Asso… - 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

1968

Legal Domicile

Principal Officer

Linda Wilgus

Phone

8882247262

Tax Period

2024-01-01 to 2024-12-31

Radiology Business Management Association, founded in 1968, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Expenses of $2.5M left a modest 7% surplus.

Mission

Radiology Business Management Association (RBMA) is the leading professional organization for radiology business management, offering quality education, resources and solutions for its members and the healthcare community, and helping shape the profession's future. RBMA is the trusted source for accurate, relevant and timely information, and adheres to the highest professional standards.

Program Service Accomplishments

Program 1

Conferences & Meetings: Educational programs to keep members abreast of changes in the profession, and provide peer-to-peer networking opportunities. RBMA held one large annual conference, three...

Conferences & Meetings: Educational programs to keep members abreast of changes in the profession, and provide peer-to-peer networking opportunities. RBMA held one large annual conference, three smaller educational meetings and a variety of webinars during 2023. The conference, meetings and webinars cover topics relevant to those in the radiology business management industry.

Program 2

RBMA Bulletin: A bimonthly journal that updates the profession on developments and best practices in radiology business management.

Program 3

Data Collection and Reporting: RBMA performs an annual survey regarding radiology business accounts receivable practices and summarizes results in a published study to provide business performance...

Data Collection and Reporting: RBMA performs an annual survey regarding radiology business accounts receivable practices and summarizes results in a published study to provide business performance benchmarks.

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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 $2,566,569

Investment Income $39,798

Other Revenue $107,140

TOTAL REVENUE $2,713,507

Expense Breakdown

Grants Paid $0

Salaries & Benefits $954,969

Fundraising Expenses $0

Other Expenses $1,555,353

TOTAL EXPENSES $2,510,322

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,713,507	$2,562,851	+0.1%
Expenses	$2,510,322	$2,786,451	-0.1%
Net Income	$203,185	$-223,600	-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

Volunteers

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

$231,832

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Pete Moffatt	President	0.50	Officer Director	$0	$0	$0
Jamie Dyer	President Elect	0.50	Officer Director	$0	$0	$0
Stacy Sanso	Secretary	0.50	Officer Director	$0	$0	$0
Steve Kahn	Treasurer	0.50	Officer Director	$0	$0	$0
Christopher Kit Crancer	Past President	0.50	Officer Director	$0	$0	$0
Mark Canada	Director	0.50	Director	$0	$0	$0
Nicole Jones Gerbino	Director	0.50	Director	$0	$0	$0
David Landry	Director	0.50	Director	$0	$0	$0
Elaine Lewis	Director	0.50	Director	$0	$0	$0
Kevin McDermott	Director	0.50	Director	$0	$0	$0
Maegan Moore	Director	0.50	Director	$0	$0	$0
Schaeffer Smith	Director	0.50	Director	$0	$0	$0
Julie Szeker	Director	0.50	Director	$0	$0	$0
Jessica Struve	Co-Executive Director	40.00	Officer	$173,500	$0	$173,500
Linda Wilgus	Co-Executive Director	30.00	Officer	$58,332	$0	$58,332
Liz Mugo	Manager	40.00	Highest	$113,000	$0	$113,000
Robert Still	Executive Director	40.00		$150,060	$0	$150,060

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	$2,713,507	$2,510,322	$2,702,571	$203,185
2023	$2,562,851	$2,786,451	$1,638,831	$-223,600
2022	$2,276,131	$2,492,425	$1,973,691	$-216,294
2021	$2,363,822	$2,054,369	$1,925,758	$309,453
2020	$1,928,886	$1,911,030	$1,799,485	$17,856
2019	$2,418,522	$2,565,615	$1,906,832	$-147,093
2018	$2,486,668	$2,752,214	$1,870,211	$-265,546

Radiology Business Management Association