ASA CHARITABLE FOUNDATION

EIN: 454946512 501(c)(3) Health Care

SCHAUMBURG, IL

Total Revenue
$412,202
Total Expenses
$268,438
Total Assets
$1,651,363
Net Assets
$252,773
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
DC
Principal Officer
MARK MANKA
Phone
8475855586
Tax Period
2023-01-01 to 2023-12-31

ASA CHARITABLE FOUNDATION, founded in 2011, is a small nonprofit in the Health Care sector that reported $412K in total revenue in fiscal year 2023. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $144K, a strong 35% operating margin.

Mission

THE MISSION OF THE FOUNDATION IS TO IMPROVE HEALTH AND MEDICAL CARE IN UNDER-SERVED COMMUNITIES BY ADVANCING THE QUALITY OF ANESTHESIA CARE; TO INCREASE ACCESS TO QUALITY ANESTHESIA CARE; TO SUPPORT THE ANESTHESIOLOGY PROFESSION'S RESPONSE TO DISASTERS AND HEALTH CRISES; AND TO PROMOTE EDUCATIONAL OPPORTUNITIES IN THE ANESTHESIOLOGY FIELD TO EDUCATE AND DEVELOP LEADERS OF THESE EFFORTS IN THE FUTURE.

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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 $412,202
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $412,202

Expense Breakdown

Grants Paid $264,644
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $264,652
Other Expenses $3,794
TOTAL EXPENSES $268,438

Year-over-Year Comparison

2023 2022 Change
Revenue $412,202 $198,692 +1.1%
Expenses $268,438 $178,450 +0.5%
Net Income $143,764 $20,242 +6.1%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
25

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
$1,360,346
Total Directors
7
$5,323
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXANDER HANNENBERG TRUSTEE 1.00
Director
$0 $0 $0
KA KELLY MCQUEEN TRUSTEE 1.00
Director
$0 $0 $0
MARY DALE PETERSON TRUSTEE 1.00
Director
$0 $0 $3,823
BRIAN VAUGHAN TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH T DRUM TRUSTEE 1.00
Director
$0 $0 $0
FAYE EVANS TRUSTEE 1.00
Director
$0 $0 $0
CHERYL K GOODEN TRUSTEE 1.00
Director
$0 $0 $1,500
STEVEN SWEEN PRESIDENT 6.00
Officer
$0 $0 $400
ARTHUR M BOUDREAUX SECRETARY 1.00
Officer
$0 $0 $0
JAMES WEST TREASURER 1.00
Officer
$0 $0 $0
PAUL POMERANTZ CEO 1.00
Officer
$0 $88,793 $874,555
LISA STEININGER CFO 1.00
Officer
$0 $76,996 $485,391
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 $412,202 $268,438 $1,651,363 $143,764
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