VIT-BUCKLE 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

2008

Legal Domicile

Principal Officer

ANTON ORLIN

Phone

6027891425

Tax Period

2024-01-01 to 2024-12-31

VIT-BUCKLE SOCIETY INC, founded in 2008, is a community nonprofit in the Health Care sector that reported $1.6M in total revenue in fiscal year 2024. The organization ran a surplus of $692K, a strong 43% operating margin.

Mission

THE VIT-BUCKLE SOCIETY PROVIDES AN OPEN FORUM THAT MENTORS DEVELOPING VITREORETINAL SURGEONS, NURTURES INNOVATIVE SURGICAL TECHNOLOGIES AND THERAPEUTIC APPROACHES FOR RETINAL DISEASES, AND FOSTERS BEST PRACTICES.

Program Service Accomplishments

Program 1

Expenses: $888,633 Revenue: $774,700

OUR EVENTS ENGAGE THE SPECTRUM OF RETINA PHYSICIANS, FROM FELLOWS THROUGH SEASONED ATTENDINGS, WITH THE GOAL OF MAKING VITREORETINAL INTERVENTIONS SAFER AND MORE EFFECTIVE. WE HOST AN ANNUAL MEETING, HAVE RECURRING EDUCATIONAL EVENTS INCLUDING VBS ROUNDS, ORGANIZE SPECIAL SESSIONS, OFFER CME CREDIT FOR EDUCATIONAL ACTIVITIES, HOST A PODCAST, AND COLLATE INCREDIBLE EDUCATIONAL CONTENT THROUGH OUR VIT-BUCKLE ACADEMY ENDEAVOR.

Program 2

Expenses: $5,000

CONTRIBUTION TO THE RONALD G. MICHELS FOUNDATION THAT SUPPORTS SECOND YEAR OPHTHALMOLOGY FELLOWS.

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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 $782,350

Program Service Revenue $774,700

Investment Income $42,133

Other Revenue $0

TOTAL REVENUE $1,599,183

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $893,633

Other Expenses $901,739

TOTAL EXPENSES $906,739

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,599,183	$1,505,368	+0.1%
Expenses	$906,739	$1,221,156	-0.3%
Net Income	$692,444	$284,212	+1.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEKSANDRA RACHITSKAYA	PRESIDENT	2.00	Officer Director	$0	$0	$0
RV PAUL CHAN	DIRECTOR/PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
ANTON ORLIN	DIRECTOR/TREASURER	2.00	Officer Director	$0	$0	$0
YOSHIHIRO YONEKAWA	DIRECTOR/PRESIDENT ELECT	2.00	Director	$0	$0	$0
AUDINA BERROCAL MD	DIRECTOR	2.00	Director	$0	$0	$0
ROYCE W S CHEN	DIRECTOR	2.00	Director	$0	$0	$0
MRINALI GUPTA	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW SCHIMEL	DIRECTOR	2.00	Director	$0	$0	$0
JAY SRIDHAR	DIRECTOR	2.00	Director	$0	$0	$0
CAMILA VENTURA	DIRECTOR	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
2024	$1,599,183	$906,739	$1,960,590	$692,444
2023	$1,505,368	$1,221,156	$1,269,224	$284,212
2022	$944,005	$784,529	$984,225	$159,476
2021	$394,001	$204,476	$824,458	$189,525
2020	$321,726	$50,758	$634,933	$270,968
2019	$873,248	$777,000	$363,965	$96,248
2018	$762,732	$621,286	$267,717	$141,446