AMERICAN REGISTRY OF RADIOLOGIC TECHNOLOGISTS

EIN: 410122284

ST PAUL, MN

Total Revenue
$24,849,469
Total Expenses
$28,722,314
Total Assets
$100,849,527
Net Assets
$94,273,254
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1936
Legal Domicile
MN
Principal Officer
LIANA WATSON
Phone
6516870048
Tax Period
2023-07-01 to 2024-06-30

AMERICAN REGISTRY OF RADIOLOGIC TECHNOLOGISTS, founded in 1936, is a mid-sized nonprofit that reported $24.8M in total revenue in fiscal year 2023. Expenses of $28.7M exceeded revenue, resulting in a 16% operating deficit.

Mission

TO PROMOTE HIGH STANDARDS OF PATIENT CARE BY RECOGNIZING QUALIFIED INDIVIDUALS IN MEDICAL IMAGING, INTERVENTIONAL PROCEDURES, AND RADIATION THERAPY.

Program Service Accomplishments

Program 1

CONTINUING REQUIREMENTS - RECOGNIZE INDIVIDUALS WHO CONTINUE TO DEMONSTRATE THEIR QUALIFICATIONS THROUGH ADHERENCE TO THE STANDARDS OF PROFESSIONAL BEHAVIOR AND COMPLIANCE WITH THE CONTINUING...

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CONTINUING REQUIREMENTS - RECOGNIZE INDIVIDUALS WHO CONTINUE TO DEMONSTRATE THEIR QUALIFICATIONS THROUGH ADHERENCE TO THE STANDARDS OF PROFESSIONAL BEHAVIOR AND COMPLIANCE WITH THE CONTINUING EDUCATION REQUIREMENTS AND CONTINUING QUALIFICATION REQUIREMENTS WHEN APPLICABLE. THE ORGANIZATION HAD OVER 355,000 TECHNOLOGISTS REGISTERED DURING THE FISCAL YEAR ENDED JUNE 30, 2024.

Program 2

INITIAL REQUIREMENTS - DEVELOP AND ADMINISTER EXAMINATIONS WHICH ASSESS THE KNOWLEDGE AND SKILLS UNDERLYING THE INTELLIGENT PERFORMANCE OF THE TASKS TYPICALLY REQUIRED BY PROFESSIONAL PRACTICE IN THE...

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INITIAL REQUIREMENTS - DEVELOP AND ADMINISTER EXAMINATIONS WHICH ASSESS THE KNOWLEDGE AND SKILLS UNDERLYING THE INTELLIGENT PERFORMANCE OF THE TASKS TYPICALLY REQUIRED BY PROFESSIONAL PRACTICE IN THE MODALITY TO ADOPT AND UPHOLD STANDARDS FOR EDUCATIONAL PREPARATION FOR ENTRY INTO THE PROFESSION. THE ORGANIZATION EXAMINED OVER 33,500 CANDIDATES FOR CERTIFICATION DURING THE FISCAL YEAR ENDED JUNE 30, 2024.

Program 3

LICENSURE - ADMINISTER EXAMINATIONS WHICH ASSESS THE KNOWLEDGE AND SKILLS UNDERLYING THE INTELLIGENT PERFORMANCE OF THE TASKS TYPICALLY REQUIRED BY PROFESSIONAL PRACTICE IN THE MODALITY FOR STATE...

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LICENSURE - ADMINISTER EXAMINATIONS WHICH ASSESS THE KNOWLEDGE AND SKILLS UNDERLYING THE INTELLIGENT PERFORMANCE OF THE TASKS TYPICALLY REQUIRED BY PROFESSIONAL PRACTICE IN THE MODALITY FOR STATE LICENSURE. THE ORGANIZATION EXAMINED OVER 5,400 CANDIDATES FOR LICENSURE DURING THE FISCAL YEAR ENDED JUNE 30, 2024.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $23,022,945
Investment Income $1,824,865
Other Revenue $1,659
TOTAL REVENUE $24,849,469

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,666,241
Fundraising Expenses $0
Other Expenses $13,056,073
TOTAL EXPENSES $28,722,314

Year-over-Year Comparison

2023 2022 Change
Revenue $24,849,469 $24,924,177 0.0%
Expenses $28,722,314 $26,170,839 +0.1%
Net Income $-3,872,845 $-1,246,662 +2.1%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
157
Volunteers
221

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
5
$875,913
Total Directors
11
$114,500
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETH WEBER PRESIDENT 6.00
Officer Director
$15,500 $0 $15,500
CANDICE JOHNSTONE VICE PRESIDENT 6.00
Officer Director
$8,000 $0 $8,000
CHERYL DUBOSE TRUSTEE 6.00
Director
$13,500 $0 $13,500
SANDRA HAYDEN TRUSTEE 6.00
Director
$17,250 $0 $17,250
DAVID C MADOFF SECRETARY/TREASURER 6.00
Officer Director
$10,000 $0 $10,000
DEBORAH RUBENS TRUSTEE 6.00
Director
$9,000 $0 $9,000
TRAVIS PROWANT TRUSTEE 6.00
Director
$14,000 $0 $14,000
JESSICA GALANDAK TRUSTEE 6.00
Director
$4,750 $0 $4,750
DARCY WOLFMAN TRUSTEE 6.00
Director
$7,750 $0 $7,750
JEFF KILLION TRUSTEE 6.00
Director
$8,500 $0 $8,500
LAUREN SHANBRUN TRUSTEE 6.00
Director
$6,250 $0 $6,250
WILLIAM T MURTAUGH CFO/SENIOR DIRECTOR 40.00
Officer
$258,355 $36,738 $295,093
LIANA WATSON CHIEF EXECUTIVE OFFICER 40.00
Officer
$499,954 $47,366 $547,320
KEVIN RUSH CHIEF CREDENTIALING OFFICER 40.00
Highest
$244,220 $47,270 $291,490
KENNETH L BROWN CHIEF TECHNOLOGY OFFICER 40.00
Highest
$224,455 $32,200 $256,655
JERILYN POWELL CHIEF EDUCATION OFFICER 40.00
Highest
$220,960 $31,472 $252,432
KELLIE REYNOLDS VICE PRESIDENT OF COMPLIANCE 40.00
Highest
$174,003 $36,598 $210,601
LANA ERICKSON VP OF HR AND TALENT & DEVELOPMENT 40.00
Highest
$172,901 $27,909 $200,810
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 No data No data No data
2024 $24,849,469 $28,722,314 $100,849,527 $-3,872,845
2023 $24,924,177 $26,170,839 $96,733,178 $-1,246,662
2022 $26,571,314 $21,928,559 $93,277,898 $4,642,755
2021 $27,246,481 $20,262,079 $101,919,264 $6,984,402
2020 $22,333,095 $19,285,610 $81,483,774 $3,047,485
2019 $23,796,255 $18,808,202 $82,461,083 $4,988,053
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