LAKE COUNTY MEDICAL SOCIETY (EIN 362332472) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

PIYUSH I VYAS MD

Tax Period

2017-10-01 to 2018-09-30

LAKE COUNTY MEDICAL SOCIETY, founded in 1985, is a micro nonprofit that reported $43K in total revenue in fiscal year 2017. Revenue decreased 19% compared to the prior year. Expenses of $92K exceeded revenue, resulting in a 117% operating deficit.

Mission

THE PURPOSE OF THE SOCIETY IS TO ASSOCIATE AND AFFILIATE INTO ONE ORGANIZATION ALL PHYSICIANS RESIDING OR PRACTICING IN THE COUNTY IN ORDER TO DEVELOP A FRANK AND FULL INTERCHANGE OF VIEWS AS WILL SECURE UNITY AND ACTIVITY TO EXTEND MEDICAL KNOWLEDGE; IMPROVE ETHICAL STANDARDS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $42,436

Investment Income $199

Other Revenue $0

TOTAL REVENUE $42,635

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,695

Fundraising Expenses $0

Other Expenses $27,785

TOTAL EXPENSES $92,480

Year-over-Year Comparison

	2017	2016	Change
Revenue	$42,635	$52,326	-0.2%
Expenses	$92,480	$112,248	-0.2%
Net Income	$-49,845	$-59,922	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$50,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES MILAM MD	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
REBECCA BERGMAN MD	TRUSTEE	1.00	Director	$0	$0	$0
GERALD A FRANK MD	DELEGATE	1.00	Director	$0	$0	$0
RASHMIKANTS S PATEL MD	DELEGATE	1.00	Director	$0	$0	$0
ERIK G NELSON MD	DELEGATE	1.00	Director	$0	$0	$0
HIMANDI D DALIA MD	ALTERNATE DE	1.00	Director	$0	$0	$0
CHARLES E FRANK MD	ALTERNATE DE	1.00	Director	$0	$0	$0
MARK NOLAN HILL MD	ALTERNATE DE	N/A	Director	$0	$0	$0
JANE R STEIN	EXECUTIVE DI	40.00	Officer	$50,000	$0	$50,000
PIYUSH I VYAS MD	PRESIDENT	1.00	Officer	$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
2018	$42,635	$92,480	$127,703	$-49,845

LAKE COUNTY MEDICAL SOCIETY