AMERICAN SOCIETY OF STEREOTACTIC A… - 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

2011

Legal Domicile

Principal Officer

ELLEN AIR

Tax Period

2024-01-01 to 2024-12-31

AMERICAN SOCIETY OF STEREOTACTIC AND FUNCTIONAL NE, founded in 2011, is a small nonprofit in the Education sector that reported $456K in total revenue in fiscal year 2024. Revenue surged 216% from the prior year, signaling strong growth momentum. The organization ran a surplus of $291K, a strong 64% operating margin.

Mission

The ASSFN is dedicated to the treatment of functional disorders of the nervous system through the use of stereotaxy and other forms of surgical technology . The Society accomplishes this mission through public and professional education, dissemination of novel research, outreach to patients, and promotion of excellence in clinical care.

Program Service Accomplishments

Program 1

Expenses: $143,563 Revenue: $300,049

ASSFN held its Biennal event on June 1-4, 2024. The event took place in Nashville, TN. The scientific organization committee planned sessions,on explore cutting-edge topics at the Daily...

ASSFN held its Biennal event on June 1-4, 2024. The event took place in Nashville, TN. The scientific organization committee planned sessions,on explore cutting-edge topics at the Daily PlenarySessions, featuring experts on Innovation in Neurosurgery,Collaborations in Music, Sports, and Neurosurgery, Exploringthe Conscious and Unconscious Brain, Advances in NeuralInterfaces, and Unlocking the Brain. Tailor your experiencewith parallel sessions covering diverse topics, includingBig Data and AI, Pediatric Surgical Advances, The Evolutionof Epilepsy Surgery, The Evolution of Movement DisorderSurgery, The Evolution of Psychiatric Neuromodulation,The Evolution of Pain Surgery, and Connectomic FunctionalNeurosurgery and Bench to Bedside Advances. There was sessions covering preclinical and basic research as well as lectures on clinical research. This event was attended by professionals with an interest in the field of SFN to support the mission of the society. Altogether the nearly 700 registrants for the event enjoyed 4 days of SF neurosurgery content .

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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 $34,670

Program Service Revenue $300,049

Investment Income $121,586

Other Revenue $0

TOTAL REVENUE $456,305

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $143,563

Other Expenses $115,763

TOTAL EXPENSES $165,763

Year-over-Year Comparison

	2024	2023	Change
Revenue	$456,305	$144,232	+2.2%
Expenses	$165,763	$58,014	+1.9%
Net Income	$290,542	$86,218	+2.4%

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

N/A

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
RUSHANI ALI	DIRECTOR	002.00	Director	$0	$0	$0
ANDRE MACHADO	PAST PRESIDENT	002.00	Officer Director	$0	$0	$0
JULIE PILITSIS	PRESIDENT	002.00	Officer Director	$0	$0	$0
SHABBAR DANISH	DIRECTOR	002.00	Director	$0	$0	$0
ELLEN AIR	VICE-PRESIDENT	002.00	Officer Director	$0	$0	$0
WAEL ASAAD	DIRECTOR	002.00	Director	$0	$0	$0
SARA BICK	DIRECTOR	002.00	Director	$0	$0	$0
CLEMENT HAMANI	SEC- TREASURER	002.00	Officer Director	$0	$0	$0
JON WILLIE	DIRECTOR	002.00	Director	$0	$0	$0
JENNIFER SWEET	DIRECTOR	002.00	Director	$0	$0	$0
ASHWIN VISMANATHAN	DIRECTOR	002.00	Director	$0	$0	$0
CHENYUAN WU	DIRECTOR	002.00	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
2025	No data	No data	No data	No data
2024	$456,305	$165,763	$2,633,580	$290,542
2023	$144,232	$58,014	$2,343,038	$86,218
2022	$309,423	$206,843	$2,256,820	$102,580
2021	$523,194	$42,809	$2,154,240	$480,385
2020	$138,530	$49,194	$1,673,855	$89,336
2019	$197,700	$292,682	$1,584,519	$-94,982
2018	$470,820	$45,477	$1,679,501	$425,343

AMERICAN SOCIETY OF STEREOTACTIC AND FUNCTIONAL NE