MIDWESTERN VASCULAR SURGICAL SOCIE… - Form 990 Financial Data

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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

1977

Legal Domicile

Principal Officer

RAGHU L MOTAGANAHALLI M

Phone

9789277800

Tax Period

2023-01-01 to 2023-12-31

MIDWESTERN VASCULAR SURGICAL SOCIETY, founded in 1977, is a small nonprofit in the Diseases & Disorders sector that reported $408K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $129K, a strong 32% operating margin.

Mission

DISSEMINATION OF MEDICAL AND SCIENTIFIC INFORMATION IN THE FIELD OF PERIPHERAL VASCULAR SURGERY TO PROFESSIONAL COLLEAGUES, THE GENERAL PUBLIC, AND GOVERNMENT AGENCIES.

Program Service Accomplishments

Program 1

Expenses: $111,955 Revenue: $235,695

TO PROVIDE MEDICAL AND SCIENTIFIC INFORMATION IN THE AREA OF PERIPHERAL VASCULAR SURGERY IN VARIOUS METHODS INCLUDING AN ANNUAL SOCIETY MEETING. THE ANNUAL MEETING IS ATTENDED BY LEADING VASCULAR...

TO PROVIDE MEDICAL AND SCIENTIFIC INFORMATION IN THE AREA OF PERIPHERAL VASCULAR SURGERY IN VARIOUS METHODS INCLUDING AN ANNUAL SOCIETY MEETING. THE ANNUAL MEETING IS ATTENDED BY LEADING VASCULAR SURGEONS REPRESENTING SOME OF THE LARGEST INSTITUTIONS IN THE MIDWEST AND CONSISTENTLY PROVIDES HIGH QUALITY EDUCATION THROUGH EXCELLENT SCIENTIFIC SESSIONS, PROGRAMS AND HANDS-ON SIMULATION.

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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 $155,455

Program Service Revenue $235,695

Investment Income $16,798

Other Revenue $0

TOTAL REVENUE $407,948

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $111,955

Other Expenses $278,925

TOTAL EXPENSES $278,925

Year-over-Year Comparison

	2023	2022	Change
Revenue	$407,948	$438,957	-0.1%
Expenses	$278,925	$259,133	+0.1%
Net Income	$129,023	$179,824	-0.3%

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
KELLIE R BROWN MD	PAST PRESIDENT	1.00	Director	$0	$0	$0
RAGHU L MOTAGANAHALLI MD	PAST PRESIDENT	1.00	Director	$0	$0	$0
PATRICK E MUCK MD	RECORDER & COUNCILOR	1.00	Director	$0	$0	$0
JILL COLGLAZIER	COUNCILOR	1.00	Director	$0	$0	$0
PETER ROSSI	COUNCILOR	1.00	Director	$0	$0	$0
JEFFREY JIM MD	PRESIDENT	1.00	Officer	$0	$0	$0
ROSS MILNER MD	SECRETARY AND CHAIR	1.00	Officer	$0	$0	$0
BERNADETTE AULIVOLA MD	PRESIDENT - ELECT	1.00	Officer	$0	$0	$0
RACHAEL NICOLSON	TREASURER	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
2024	No data	No data	No data	No data
2023	$407,948	$278,925	$827,844	$129,023
2022	$438,957	$259,133	$699,995	$179,824
2021	$254,879	$200,259	$517,027	$54,620
2020	$119,313	$110,791	$462,407	$8,522
2019	$237,523	$287,476	$453,348	$-49,953
2018	$290,746	$243,051	$502,633	$47,695

MIDWESTERN VASCULAR SURGICAL SOCIETY