IOWA PODIATRIC MEDICAL 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

1951

Legal Domicile

Phone

5157502310

Tax Period

2024-05-01 to 2025-04-30

IOWA PODIATRIC MEDICAL SOCIETY, founded in 1951, is a small nonprofit that reported $270K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

PROVIDE A MEANS FOR MUTUAL ASSISTANCE, ENCOURAGEMENT, AND IMPROVEMENT IN ACADEMIC AND SCIENTIFIC ACTIVITIES AND PROESSSIONAL STANDARDS OF PODIATRY

Program Service Accomplishments

Program 1

THE SOCIETY SPONSORS MEETINGS AND CONVENTIONS TO FURTHER THE EDUCATION AND TRAINING OF APPROXIMATELY 224 MEMBERS.

Program 2

THE SOCIETY FUNDS SCHOLARSHIPS FOR STUDENTS AT PODIATRY COLLEGES THROUGH THEIR EDUCATIONAL FOUNDATION.

Program 3

THE SOCIETY CONTRACTS WITH INDEPENDENT LOBYYISTS ON A STATE LEVEL TO MONITOR PENDING LEGISTLATION AND REGULATION TO THE PRACTICE OF PODIATRY

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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 $2,843

Program Service Revenue $261,790

Investment Income $5,660

Other Revenue $0

TOTAL REVENUE $270,293

Expense Breakdown

Grants Paid $2,600

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $292,680

TOTAL EXPENSES $295,280

Year-over-Year Comparison

	2024	2023	Change
Revenue	$270,293	$300,281	-0.1%
Expenses	$295,280	$271,404	+0.1%
Net Income	$-24,987	$28,877	-1.9%

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
ASHLEY DIKIS	DIRECTOR	1.00	Director	$0	$0	$0
KELSEY MILLONIG	DIRECTOR	1.00	Director	$0	$0	$0
GENE NASSIF	HOD REP	1.00	Director	$0	$0	$0
INDY PANESAR	DIRECTOR	1.00	Director	$0	$0	$0
JOHN ERICKSON	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
TIMOTHY HOLCOMB	DIRECTOR	1.00	Director	$0	$0	$0
KELSEY SUKOVATY	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE JEDLICKA	HOD REP	1.00	Director	$0	$0	$0
CHARLES CIBULA	PRESIDENT	5.00	Officer Director	$0	$0	$0
KATHIE WHITT	TREASURER	3.00	Officer Director	$0	$0	$0
GREGORY FOOTE	DIRECTOR	1.00	Director	$0	$0	$0
LANE TILL	EXECUTIVE DIRECTOR	25.00	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	$270,293	$295,280	$158,010	$-24,987
2024	$300,281	$271,404	$166,648	$28,877
2023	$291,441	$278,413	$137,560	$13,028
2022	$292,969	$271,485	$115,868	$21,484
2021	$152,760	$173,529	$121,849	$-20,769
2020	$257,897	$267,403	$134,137	$-9,506
2019	$254,172	$256,247	$148,055	$-2,075
2018	$226,643	$266,454	$134,018	$-39,811