FORBES MEDICAL STAFF FUND

EIN: 251777063 501(c)(3) Health Care

MONROEVILLE, PA

Total Revenue
$253,879
Total Expenses
$180,322
Total Assets
$1,065,673
Net Assets
$1,065,171
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
PA
Principal Officer
DR ANDREW POGOZELSKI
Phone
4128582489
Tax Period
2024-01-01 to 2024-12-31

FORBES MEDICAL STAFF FUND, founded in 1996, is a small nonprofit in the Health Care sector that reported $254K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $74K, a strong 29% operating margin.

Mission

TO PROVIDE A SYSTEM FOR REVIEWING AND RECOMMENDING THE GRANTING OF MEDICAL STAFF MEMBERSHIP AND CLINICAL PRIVILEGES TO ALL MEMBERS OF THE MEDICAL STAFF, AS WELL AS PURSUING CLINICAL UTILIZATION REVIEW AND QUALITY ASSURANCE FOR ALL PATIENTS WHO ARE PROVIDED SERVICES WITHIN THE SYSTEM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $204,575
Investment Income $49,240
Other Revenue $64
TOTAL REVENUE $253,879

Expense Breakdown

Grants Paid $0
Salaries & Benefits $62,000
Fundraising Expenses $0
Program Expenses $175,474
Other Expenses $118,322
TOTAL EXPENSES $180,322

Year-over-Year Comparison

2024 2023 Change
Revenue $253,879 $220,174 +0.2%
Expenses $180,322 $191,771 -0.1%
Net Income $73,557 $28,403 +1.6%
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
26
Independent Members
N/A
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
6
$124,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GIATH SHARI MD CHAIR, PHARMACY & THERAPEU 1.00
Officer
$5,000 $5,000 $10,000
MICHAEL J AZAR MD CHAIR, MEDICAL RECORDS COM 1.00
Officer
$5,000 $5,000 $10,000
MICHAEL FILIAGGI DO SECRETARY/TREASURER 1.00
Officer
$12,000 $12,000 $24,000
BENJAMIN B PETICCA MD PRESIDENT 1.00
Officer
$10,000 $10,000 $20,000
ANDREW POGOZELSKI MD PRESIDENT - ELECT 1.00
Officer
$22,000 $22,000 $44,000
PATRICK DIGIACOMO MD SECRETARY/TREASURER 1.00
Officer
$8,000 $8,000 $16,000
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 $253,879 $180,322 $1,065,673 $73,557
2023 $220,174 $191,771 $983,603 $28,403
2022 $216,655 $165,916 $917,783 $50,739
2021 $246,199 $149,238 $961,032 $96,961
2020 $233,107 $173,224 $864,071 $59,883
2019 $254,577 $144,371 $804,188 $110,206
2018 $162,926 $140,082 $693,982 $22,844
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