ACADEMY OF AMBULATORY FOOT AND ANKLE SURGERY

EIN: 237354130

SPOKANE, WA

Total Revenue
$146,286
Total Expenses
$120,650
Total Assets
$166,385
Net Assets
$166,097
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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
1975
Legal Domicile
PA
Principal Officer
DR BRANT MCCARTAN DPM
Phone
7042935745
Tax Period
2023-01-01 to 2023-12-31

ACADEMY OF AMBULATORY FOOT AND ANKLE SURGERY, founded in 1975, is a small nonprofit that reported $146K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $26K, a strong 18% operating margin.

Mission

EDUCATIONAL ORGANIZATION PROVIDING CONTINUING EDUCATION TO MEMBERS OF THE MEDICAL COMMUNITY SERVING PATIENTS WITH ANKLE AND FOOT DISORDERS.

Program Service Accomplishments

Program 1
Expenses: $112,172 Revenue: $146,286

THE ACADEMY PROVIDES EDUCATIONAL OPPORTUNITIES TO THE PROFESSIONAL COMMUNITY IN CONNECTION WITH SURGICAL TECHNIQUES OF THE FOOT AND ANKLE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $146,286
Investment Income $0
Other Revenue $0
TOTAL REVENUE $146,286

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $112,172
Other Expenses $120,650
TOTAL EXPENSES $120,650

Year-over-Year Comparison

2023 2022 Change
Revenue $146,286 $225,853 -0.4%
Expenses $120,650 $120,144 +0.0%
Net Income $25,636 $105,709 -0.8%
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

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN DOSEN BOARD OF DIR 0.25
Director
$0 $0 $0
DR JOANNE BALKARAN DPM BOARD OF DIR 0.25
Director
$0 $0 $0
DR BRANT MCCARTAN DPM PRESIDENT 1.00
Officer Director
$0 $0 $0
DR JORDAN SULLIVAN DPM VICE PRESIDE 1.00
Officer Director
$0 $0 $0
DR ELIZABETH KLAWITTER DPM BOARD OF DIR 0.25
Director
$0 $0 $0
DR NEIL BARNEY DPM BOARD OF DIR 0.25
Director
$0 $0 $0
DR LAWRENCE F KOBAK DPM JD BOARD OF DIR 0.25
Director
$0 $0 $0
DR JOHN FENICE MD SECRETARY 1.00
Officer Director
$0 $0 $0
DR JOHN LONGOBARDO DPM MD TREASURER 1.00
Officer Director
$0 $0 $0
DR ORLANDO NUNEZ DPM MD BOARD OF DIR 0.25
Director
$0 $0 $0
DR JULIO SEGOVIA MD BOARD OF DIR 0.25
Director
$0 $0 $0
DR STEPHEN ISHAM DPM MD BOARD OF DIR 0.25
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
2024 No data No data No data No data
2023 $146,286 $120,650 $166,385 $25,636
2022 $225,853 $120,144 $140,483 $105,709
2021 $94,772 $119,391 $34,987 $-24,619
2020 $45,238 $60,152 $59,960 $-14,914
2019 $152,275 $179,226 $79,660 $-26,951
2018 $148,580 $158,895 $101,236 $-10,315
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