Transformations Surgery Center Inc

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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

2007

Legal Domicile

Principal Officer

Dr Michael Bentz

Phone

6082634037

Tax Period

2024-07-01 to 2025-06-30

Mission

The Organization's purposes are to (a) promote and advance the health and welfare persons in the community through provision of reconstructive and plastic surgery services, (b) carry on educational activities related to rendering health care services to patients, and (c) participate in other activities as agreed to by the corporation's members that are designed and carried on to promote and advance the general health and welfare of persons in the community.

Program Service Accomplishments

Program 1

Transformations Surgery Center is a nonstock, nonprofit corporation. Historicaly, the organization provided patients with cosmetic and reconstructive surgery plus aesthetic and laser treatment...

Transformations Surgery Center is a nonstock, nonprofit corporation. Historicaly, the organization provided patients with cosmetic and reconstructive surgery plus aesthetic and laser treatment options. Transformation Surgery Center wrapped up operations as of fiscal year 2025.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,053,380

TOTAL EXPENSES $1,053,380

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	N/A	N/A
Expenses	$1,053,380	$4,431	+236.7%
Net Income	N/A	$-4,431	N/A

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
Dr Mike Bentz	President	2.00	Officer Director	$0	$0	$0
Beth Erdman	Secretary	2.00	Officer Director	$0	$0	$0
Dr Thomas Ansfield	Director	2.00	Director	$0	$0	$0
James Arnett	Director	2.00	Director	$0	$0	$0
Nadya Nahriniak-Hansen	Director	2.00	Director	$0	$0	$0
Aaron Prochaska	Treasurer	2.00	Officer	$0	$0	$0
Dan Jordan	Admin Program Director	2.00	Officer	$0	$0	$0
Patti Meyer	Assistant Secretary	2.00	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
2025	No data	$1,053,380	No data	No data
2024	No data	$4,431	$1,031,851	No data
2023	No data	$4,147	$1,061,118	No data
2022	$623,293	$956,600	$1,104,375	$-333,307
2021	$41,431	$1,442,006	$1,652,314	$-1,400,575
2020	$3,167,246	$3,440,876	$3,190,970	$-273,630
2018	$4,139,440	$3,725,724	$3,498,820	$413,716