Michigan Rheumatism Society (EIN 382579099) - Form 990 Financial Analysis & Trantor Score

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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

2010

Legal Domicile

Phone

5172812318

Tax Period

2023-01-01 to 2023-12-31

Michigan Rheumatism Society, founded in 2010, is a small nonprofit that reported $378K in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $124K, a strong 33% operating margin.

Mission

Continuing Medical Education To Improve The Rheumatological Profession

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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 $10,025

Program Service Revenue $365,150

Investment Income $2,697

Other Revenue $0

TOTAL REVENUE $377,872

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $243,548

TOTAL EXPENSES $253,548

Year-over-Year Comparison

	2023	2022	Change
Revenue	$377,872	$224,474	+0.7%
Expenses	$253,548	$378,778	-0.3%
Net Income	$124,324	$-154,304	-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

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
Amar O Majjhoo MD	President	2.00	Officer Director	$0	$0	$0
Aliereza Meysami MD	Education Chair	2.00	Director	$0	$0	$0
Roman Czubatyj MD	Co-Vice President	2.00	Director	$0	$0	$0
Joshua June DO	Co-Vice President	2.00	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
2024	No data	No data	No data	No data
2023	$377,872	$253,548	$812,080	$124,324
2022	$224,474	$378,778	$688,331	$-154,304
2021	$184,478	$190,801	$847,415	$-6,323
2020	$105,464	$31,535	$848,382	$73,929
2019	$277,572	$141,892	$774,904	$135,680
2018	$263,897	$93,017	$638,774	$170,880

Michigan Rheumatism Society