THE FLEISCHNER 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

1972

Legal Domicile

Principal Officer

TAYLOR O'SULLIVAN

Phone

8477525355

Tax Period

2024-10-01 to 2025-09-30

THE FLEISCHNER SOCIETY INC, founded in 1972, is a small nonprofit that reported $185K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $299K exceeded revenue, resulting in a 61% operating deficit.

Mission

TO STIMULATE ADVANCES AND DISSEMINATE INFORMATION IN THE STUDY OF CHEST DISEASE.

Program Service Accomplishments

Program 1

Expenses: $216,520

SPONSOR OF ANNUAL COURSE FOR THE READING AND DISCUSSION OF WHITE PAPERS, DISSEMINATION OF KNOWLEDGE, AND SHARING AND EXCHANGE OF IDEAS AMONGST MEMBERS OF THE PROFESSION TO IMPROVE METHODS OF TEACHING RADIOLOGIC CHEST DIAGNOSIS, STIMULATE RESEARCH IN CHEST ROENTGENOLOGY, AND FOSTER CONTINUING IMPROVEMENT OF CHEST ROENTGENOLOGY AS AN ART AND SCIENCE.

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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 $106,261

Program Service Revenue $72,673

Investment Income $6,286

Other Revenue $0

TOTAL REVENUE $185,220

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $216,520

Other Expenses $299,007

TOTAL EXPENSES $299,007

Year-over-Year Comparison

	2024	2023	Change
Revenue	$185,220	$284,144	-0.3%
Expenses	$299,007	$179,490	+0.7%
Net Income	$-113,787	$104,654	-2.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HIROTO HATABU MD PHD	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARTINE REMY-JARDIN MD PHD	PRESIDENT-EL	2.00	Officer Director	$0	$0	$0
SUHAIL RAOOF MD TREASURER	TREASURER	2.00	Officer Director	$0	$0	$0
YOSHIHARU OHNO MD PHD	SECRETARY	2.00	Officer Director	$0	$0	$0
CONNIE HSIA MD	CHAIR ACADEM	2.00	Officer Director	$0	$0	$0
KEVIN BROWN MD	IMM PAST PRE	2.00	Officer Director	$0	$0	$0
SUE O'SULLIVAN	MANAGING DIR	2.00	Officer	$0	$0	$0
TAYLOR O'SULLIVAN	EXECUTIVE DI	2.00	Director	$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	$185,220	$299,007	$463,179	$-113,787
2024	$284,144	$179,490	$565,609	$104,654
2023	$296,320	$212,390	$436,671	$83,930