ILLINOIS PSYCHIATRIC SOCIETY

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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

1968

Legal Domicile

Principal Officer

ADRIENNE ADAMS MD

Phone

3122242600

Tax Period

2025-01-01 to 2025-12-31

ILLINOIS PSYCHIATRIC SOCIETY, founded in 1968, is a small nonprofit that reported $303K in total revenue in fiscal year 2025. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $74K, a strong 25% operating margin.

Mission

TO ADVOCATE FOR THE HIGHEST QUALITY CARE FOR PATIENTS WITH PSYCHIATRIC DISORDERS

Program Service Accomplishments

Program 1

ADVOCACY FOR THE HIGHEST QUALITY CARE FOR PATIENTS WITH PSYCHIATRIC DISORDERS

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $276,638

Investment Income $26,190

Other Revenue $300

TOTAL REVENUE $303,128

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,031

Fundraising Expenses $0

Other Expenses $104,664

TOTAL EXPENSES $228,695

Year-over-Year Comparison

	2025	2024	Change
Revenue	$303,128	$249,636	+0.2%
Expenses	$228,695	$223,219	+0.0%
Net Income	$74,433	$26,417	+1.8%

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

N/A

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

$86,154

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADRIENNE ADAMS MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
KIMBERLY MEYER MD	TREASURER	1.00	Officer Director	$0	$0	$0
JASLEEN SINGH MD	SECRETARY	1.00	Officer Director	$0	$0	$0
STEVEN WEINSTEIN MD	PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
JOY HOUSTON MD	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
ANDREW LANCIA MD	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
ABDI TINWALLA MD	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
ARDEN BARNETT MD	AMERICAN PSYCHIATRIC ASSOC. REPR.	1.00	Director	$0	$0	$0
LINDA GRUENBERG DO	AMERICAN PSYCHIATRIC ASSOC. REPR.	1.00	Director	$0	$0	$0
JOSHUA NATHAN MD	AMERICAN PSYCHIATRIC ASSOC. REPR.	1.00	Director	$0	$0	$0
SUSAN SCHERER	AMERICAN PSYCHIATRIC ASSOC. REPR.	1.00	Director	$0	$0	$0
DANIEL WASSERMAN MD	EARLY CAREER PSYCHIATRY REPR.	1.00	Director	$0	$0	$0
AASNA GAUR DO	RESIDENT-FELLOW MEMBER REPR.	1.00	Director	$0	$0	$0
JEFFREY BENNETT MD	COUNCILOR	1.00	Director	$0	$0	$0
MERCY EIGBIKE	COUNCILOR	1.00	Director	$0	$0	$0
KAYLAN KANDRA MD	COUNCILOR	1.00	Director	$0	$0	$0
JEN KURTH DO	COUNCILOR	1.00	Director	$0	$0	$0
LISA ROSENTHAL MD	COUNCILOR	1.00	Director	$0	$0	$0
RAMON SOLHKHAH MD	COUNCILOR	1.00	Director	$0	$0	$0
AYAME TAKAHASHI MD	COUNCILOR	1.00	Director	$0	$0	$0
KRISTEN MALLOY	EXECUTIVE DIRECTOR	40.00	Officer	$86,154	$0	$86,154

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	$303,128	$228,695	$484,168	$74,433
2024	$249,636	$223,219	$403,269	$26,417
2023	$319,715	$254,378	$376,548	$65,337
2022	$187,729	$291,113	$311,787	$-103,384
2021	$316,954	$319,833	$418,449	$-2,879
2020	$243,703	$271,377	$458,960	$-27,674
2019	$295,952	$267,890	$454,258	$28,062
2018	$277,693	$271,159	$404,107	$6,534
2018	$277,693	$271,159	$404,107	$6,534