SOCIETY FOR VASCULAR NURSING

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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

1998

Legal Domicile

Principal Officer

KENNETH SLAW PHD

Phone

3123342300

Tax Period

2023-01-01 to 2023-12-31

SOCIETY FOR VASCULAR NURSING, founded in 1998, is a small nonprofit that reported $156K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $178K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROVIDE A PROFESSIONAL COMMUNITY FOR VASCULAR NURSES FOCUSED ON ADVANCING THE CARE OF PERSONS LIVING WITH VASCULAR DISEASE.

Program Service Accomplishments

Program 1

THE ORGANIZATION HELD ITS ANNUAL EDUCATIONAL CONFERENCE. THERE WERE APPROXIMATELY 200 PROFESSIONAL VASCULAR NURSES ALONG WITH REPRESENTATIVES FROM COMPANIES WHOSE PRODUCTS AND SERVICES RELATE...

THE ORGANIZATION HELD ITS ANNUAL EDUCATIONAL CONFERENCE. THERE WERE APPROXIMATELY 200 PROFESSIONAL VASCULAR NURSES ALONG WITH REPRESENTATIVES FROM COMPANIES WHOSE PRODUCTS AND SERVICES RELATE DIRECTLY TO THE VASCULAR CARE COMMUNITY.

Program 2

THE ORGANIZATION PUBLISHES THE JOURNAL OF VASCULAR NURSING ON A QUARTERLY BASIS. THIS PUBLICATION AND ADDITIONAL NEWSLETTERS ARE PRODUCED DURING THE YEAR TO SUPPORT THE CONTINOUS EDUCATION IN THE...

THE ORGANIZATION PUBLISHES THE JOURNAL OF VASCULAR NURSING ON A QUARTERLY BASIS. THIS PUBLICATION AND ADDITIONAL NEWSLETTERS ARE PRODUCED DURING THE YEAR TO SUPPORT THE CONTINOUS EDUCATION IN THE FIELD OF VASCULAR NURSING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $20,000

Program Service Revenue $98,326

Investment Income $1,358

Other Revenue $36,486

TOTAL REVENUE $156,170

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $178,182

TOTAL EXPENSES $178,182

Year-over-Year Comparison

	2023	2022	Change
Revenue	$156,170	$177,716	-0.1%
Expenses	$178,182	$219,545	-0.2%
Net Income	$-22,012	$-41,829	-0.5%

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
KRISTEN ALIX	PRESIDENT-ELECT	5.00	Officer Director	$0	$0	$0
NANCY CROWELL	PRESIDENT	10.00	Officer Director	$0	$0	$0
ALEXANDRA MORAN	TREASURER	5.00	Officer Director	$0	$0	$0
BARBARA VOGEL	PAST PRESIDENT	5.00	Officer Director	$0	$0	$0
KAREN HANRAHAN	DIRECTOR	5.00	Director	$0	$0	$0
ANGELA BENTLEY	DIRECTOR	5.00	Director	$0	$0	$0
KAREN BAUER	DIRECTOR	5.00	Director	$0	$0	$0
ANDREA COLBURN	DIRECTOR	5.00	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
2023	$156,170	$178,182	$169,372	$-22,012
2022	$177,716	$219,545	$175,838	$-41,829
2021	$158,389	$155,645	$238,456	$2,744
2020	$133,574	$82,665	$221,554	$50,909
2019	$187,531	$173,813	$147,094	$13,718
2018	$231,355	$175,634	$117,772	$55,721