AMERICAN PATHOLOGY FOUNDATION PRIVATE PRACTITIONERS OF PATHOLOGY

EIN: 520730227

CHICAGO, IL

Total Revenue
$261,839
Total Expenses
$238,697
Total Assets
$211,432
Net Assets
$144,087
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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
1959
Legal Domicile
MD
Principal Officer
LEAH MILITELLO
Phone
3125414998
Tax Period
2024-01-01 to 2024-12-31

AMERICAN PATHOLOGY FOUNDATION PRIVATE PRACTITIONERS OF PATHOLOGY, founded in 1959, is a small nonprofit that reported $262K in total revenue in fiscal year 2024. Expenses of $239K left a modest 9% surplus.

Mission

NON-PROFIT PROFESSIONAL SOCIETY DEVOTED TO THE BUSINESS AND MANAGEMENT OF PATHOLOGY BY PROVIDING QUALITY EDUCATIONAL PROGRAMS AND PRACTICE MANAGEMENT RESOURCES FOR ITS MEMBERS.

Program Service Accomplishments

Program 1

PROVIDE DIGITAL PUBLICATIONS AND WEBINARS, AND LIVE EDUCATION THAT ENHANCES THE ABILITY OF PATHOLOGISTS AND PRACTICE MANAGERS TO EFFECTIVELY MANAGE THEIR PRACTICE, TIME, AND RESOURCES.INFORMATION ON...

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PROVIDE DIGITAL PUBLICATIONS AND WEBINARS, AND LIVE EDUCATION THAT ENHANCES THE ABILITY OF PATHOLOGISTS AND PRACTICE MANAGERS TO EFFECTIVELY MANAGE THEIR PRACTICE, TIME, AND RESOURCES.INFORMATION ON TOPICS SUCH AS: LEADERSHIP, MANAGEMENT, FINANCE, COMMUNICATIONS, MARKETING, BILLING AND CODING, NEW TECHNOLOGY, CURRENT LEGISLATION

Program 2

MEMBERSHIP IN THE FOUNDATION IS OPEN TO PATHOLOGISTS IN PRIVATE PRACTICE, HOSPITAL AND ACADEMIC SETTINGS, INDEPENDENT LABS AND RESIDENCY. NON-PHYSICIAN PATHOLOGY PRACTICE MANAGERS ARE ENCOURAGED TO...

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MEMBERSHIP IN THE FOUNDATION IS OPEN TO PATHOLOGISTS IN PRIVATE PRACTICE, HOSPITAL AND ACADEMIC SETTINGS, INDEPENDENT LABS AND RESIDENCY. NON-PHYSICIAN PATHOLOGY PRACTICE MANAGERS ARE ENCOURAGED TO BECOME MEMBERS OF THE APF AND PARTICIPATE IN THE FOUNDATION'S PROGRAMS AND NETWORK

Program 3

EDUCATION - TO EDUCATE PATHOLOGISTS AND PRACTICE MANAGERS TO EFFECTIVELY MANAGE THEIR PRACTICE, TIME AND RESOURCES.

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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 $257,320
Investment Income $4,319
Other Revenue $200
TOTAL REVENUE $261,839

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $238,697
TOTAL EXPENSES $238,697

Year-over-Year Comparison

2024 2023 Change
Revenue $261,839 $266,003 0.0%
Expenses $238,697 $246,870 0.0%
Net Income $23,142 $19,133 +0.2%
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
16
Independent Members
16
Employees
N/A
Volunteers
16

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
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NAM NGUYEN EXECUTIVE DIRECTOR 5.00
Officer Director
$0 $0 $0
TAMERA PACZOS MD CO-PRESIDENT 1.00
Officer Director
$0 $0 $0
KELLEY SUSKIE MHSA CO-PRESIDENT 1.00
Officer Director
$0 $0 $0
LEAH MILITELLO MD TREASURER 1.00
Officer Director
$0 $0 $0
JOHN A BACI MBA C-PM DIRECTOR 1.00
Director
$0 $0 $0
STEVE CHEUNG MD DIRECTOR 1.00
Director
$0 $0 $0
BRENDA COX DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL DUGAN MD DIRECTOR 1.00
Director
$0 $0 $0
MARIO GONZALEZ MD DIRECTOR 1.00
Director
$0 $0 $0
AARON HUBER DO DIRECTOR 1.00
Director
$0 $0 $0
NICOLE MASSOLL MD DIRECTOR 1.00
Director
$0 $0 $0
AARON NICHOLS MHSA FACMPE DIRECTOR 1.00
Director
$0 $0 $0
JANE PINE WOOD ESQ DIRECTOR 1.00
Director
$0 $0 $0
PATTY SIPES DIRECTOR 1.00
Director
$0 $0 $0
KAREN S THOMPSON MD DIRECTOR 1.00
Director
$0 $0 $0
ROBIN ZWEIFEL DIRECTOR 1.00
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
2024 $261,839 $238,697 $211,432 $23,142
2023 $266,003 $246,870 $183,579 $19,133
2022 $279,575 $331,982 $134,210 $-52,407
2021 $227,170 $278,859 $199,703 $-51,689
2020 $315,270 $311,408 $230,658 $3,862
2019 $338,695 $355,017 $236,560 $-16,322
2018 $402,880 $540,530 $233,455 $-137,650
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