INDIANA ASSOCIATION OF OSTEOPATHIC PHYSICIANS AND SURGEONS

EIN: 356021884

INDIANAPOLIS, IN

Total Revenue
$196,420
Total Expenses
$257,318
Total Assets
$308,461
Net Assets
$252,131
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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
1952
Legal Domicile
IN
Principal Officer
DAVID BLANK
Phone
3179263009
Tax Period
2025-01-01 to 2025-12-31

INDIANA ASSOCIATION OF OSTEOPATHIC PHYSICIANS AND SURGEONS, founded in 1952, is a small nonprofit that reported $196K in total revenue in fiscal year 2025. Expenses of $257K exceeded revenue, resulting in a 31% operating deficit.

Mission

IOA IS THE PROFESSIONAL HOME AND ADVOCATE FOR ALL PHYSICIANS AND STUDENTS WHOSE OBJECTIVE IS TO PRACTICE OSTEOPATHICALLY.

Program Service Accomplishments

Program 1

THE ASSOCIATION PROVIDES CONTINUING MEDICAL EDUCATION OPPORTUNITIES FOR ITS MEMBERSHIP AND PROMOTES PUBLIC HEALTH THROUGH ITS ACTIVITIES AND PUBLICATIONS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $7,869
Program Service Revenue $173,829
Investment Income $8,755
Other Revenue $5,967
TOTAL REVENUE $196,420

Expense Breakdown

Grants Paid $4,167
Salaries & Benefits $152,468
Fundraising Expenses $0
Other Expenses $100,683
TOTAL EXPENSES $257,318

Year-over-Year Comparison

2025 2024 Change
Revenue $196,420 $201,420 0.0%
Expenses $257,318 $317,570 -0.2%
Net Income $-60,898 $-116,150 -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

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Governance

Voting Members
11
Independent Members
11
Employees
2
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
5
$88,560
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RACHEL SHOCKLEY SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
DAVID KORONKIEWICZ IMMEDIATE PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
DAVID BLANK PRESIDENT 2.00
Officer Director
$0 $0 $0
JOSEPH KOENIGSMARK VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ZACHARY WATERSON TRUSTEE 1.00
Director
$0 $0 $0
ALEX WOODS TRUSTEE 1.00
Director
$0 $0 $0
BRITTANY SIMPSON TRUSTEE 1.00
Director
$0 $0 $0
OLIVIA SMITH TRUSTEE 1.00
Director
$0 $0 $0
KRISTINE TEODORI TRUSTEE 1.00
Director
$0 $0 $0
TAYLOR BACHERT TRUSTEE 1.00
Director
$0 $0 $0
RICHARD NUSSLE EXECUTIVE DIRECTOR 40.00
Officer
$88,560 $0 $88,560
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 $196,420 $257,318 $308,461 $-60,898
2024 $201,420 $317,570 $326,601 $-116,150
2023 $253,653 $326,251 $505,803 $-72,598
2022 $335,287 $328,523 $479,377 $6,764
2021 $400,065 $301,115 $500,416 $98,950
2018 $347,717 $389,068 $202,460 $-41,351
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