THE SOCIETY FOR ARTHRITIC JOINT SURGERY INC

EIN: 461205169 Community Improvement

TIFTON, GA

Total Revenue
$80,310
Total Expenses
$113,194
Total Assets
$53,321
Net Assets
$53,321
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
GA
Principal Officer
DR DAVID BANKS
Phone
4049832587
Tax Period
2024-01-01 to 2024-12-31

THE SOCIETY FOR ARTHRITIC JOINT SURGERY INC, founded in 2012, is a micro nonprofit in the Community Improvement sector that reported $80K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $113K exceeded revenue, resulting in a 41% operating deficit.

Mission

MEMBERSHIP ORGANIZATION OF ORTHOPAEDIC SURGEONS WITH SPECIAL FOCUS ON JOINT ARTHROPLASTY. THE MISSION IS TO SHARE KNOWLEDGE IN THIS SPECIALTY FIELD. SIGNIFIGANT ACTIVITIES INCLUDE A DISCUSSION FORUM FOR MEMBERS TO SHARE KNOWLEDGE, DEVELOPMENT OF BUSINESS NETWORK, AND ANNUAL CONFERENCE PROVIDING LEARNING OPPORTUNITIES FOR THE MEMBERSHIP IN THIS SPECIALTY FIELD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $80,310
Investment Income $0
Other Revenue $0
TOTAL REVENUE $80,310

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $108,914
Other Expenses $113,194
TOTAL EXPENSES $113,194

Year-over-Year Comparison

2024 2023 Change
Revenue $80,310 $58,505 +0.4%
Expenses $113,194 $44,323 +1.6%
Net Income $-32,884 $14,182 -3.3%
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

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Governance

Voting Members
7
Independent Members
7
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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY RUARK VICE PRESIDENT 1.00
Officer
$0 $0 $0
DAVID BANKS PRESIDENT/TREASURER 1.00
Officer
$0 $0 $0
JAMES W HARKESS MD HISTORIAN 1.00
Officer
$0 $0 $0
SEAN DINGLE MEMBER AT LARGE 1.00
Officer
$0 $0 $0
PAULA J SPICER RN CRNFA EXECUTIVE DIRECTOR 5.00
Officer
$0 $0 $0
JEFF KENNEDY PRESIDENT ELECT 1.00
Officer
$0 $0 $0
DON POLAKOFF IMMEDIATE PAST PRESIDENT 1.00
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
2024 $80,310 $113,194 $53,321 $-32,884
2023 $58,505 $44,323 $86,205 $14,182
2022 $57,275 $60,658 $72,023 $-3,383
2021 $16,125 $12,015 $75,406 $4,110
2020 $53,530 $6,693 $71,296 $46,837
2019 $59,300 $81,386 $24,459 $-22,086
2018 $51,480 $58,471 $46,545 $-6,991
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