SOCIETY OF THORACIC RADIOLOGY

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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

1982

Legal Domicile

Principal Officer

JOHN E CONNOLLY MD

Phone

8477525355

Tax Period

2024-01-01 to 2024-12-31

SOCIETY OF THORACIC RADIOLOGY, founded in 1982, is a small nonprofit in the Arts, Culture & Humanities sector that reported $876K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

PROMOTE EXCELLENCE IN CARDIOTHORACIC IMAGING AND IMPROVE PATIENT CARE THROUGH RESEARCH AND EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $644,924 Revenue: $810,231

THE SOCIETY IS DEDICATED TO THE LIFELONG LEARNING OF CARDIOTHORACIC RADIOLOGISTS AND OTHER HEALTH PROFESSIONALS AND TO THE ADVANCEMENT OF MEDICAL CARE THROUGH THE DEVELOPMENT OPPORTUNITIES PROVIDED BY THE SOCIETY WHICH INCLUDE EDUCATIONAL AND SCIENTIFIC MEETINGS, SUPPORT OF A PEER- REVIEWED JOURNAL, AND FUNDING AND SUPPORT OF GRANTS AND AWARDS PROGRAMS. THE SOCIETY ALSO HOSTS EDUCATIONAL CONTENT ON THEIR WEBSITE.

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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 $23,518

Program Service Revenue $810,231

Investment Income $42,099

Other Revenue $0

TOTAL REVENUE $875,848

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $657,860

Other Expenses $869,985

TOTAL EXPENSES $919,985

Year-over-Year Comparison

	2024	2023	Change
Revenue	$875,848	$968,859	-0.1%
Expenses	$919,985	$858,046	+0.1%
Net Income	$-44,137	$110,813	-1.4%

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
JOHN E CONNOLLY MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
MYLENE TRUONG MD	PRESIDENT EL	1.00	Officer Director	$0	$0	$0
TERRANCE T HEALEY MD	TREASURER	1.00	Officer Director	$0	$0	$0
BRETT ELICKER MD	SECRETARY	1.00	Officer Director	$0	$0	$0
EDITH M MAROM MD	IMM PAST PRE	1.00	Officer Director	$0	$0	$0
LOREN H KETAI MD	2ND PAST PRE	1.00	Officer Director	$0	$0	$0
SAURABH AGARWAL MD	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN HOBBS MD	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER WALKER MD	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA L ROSADO DE CHRISTENSON MD	DIRECTOR	1.00	Director	$0	$0	$0
CRISTINA FUSS MD	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS S HENRY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN LICHTENBERGER MD	DIRECTOR	1.00	Director	$0	$0	$0
LEA AZOUR MD	DIRECTOR	1.00	Director	$0	$0	$0
JULIANNA CZUM MD	DIRECTOR	1.00	Director	$0	$0	$0
SMITA PATEL MBBS MRCP FRCR	DIRECTOR	1.00	Director	$0	$0	$0
CRIS MEYER MD	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW YEN MD	DIRECTOR	1.00	Director	$0	$0	$0
BASKARAN SUNDARAM MD	DIRECTOR	1.00	Director	$0	$0	$0
EDITH MAROM MD	DIRECTOR	1.00	Director	$0	$0	$0
DAVID NAEGER MD	DIRECTOR	1.00	Director	$0	$0	$0
BRETT CARTER MD	DIRECTOR	1.00	Director	$0	$0	$0
MYLENE TRUONG MD	DIRECTOR	1.00	Director	$0	$0	$0
BRETT ELICKER MD	DIRECTOR	1.00	Director	$0	$0	$0
DIANA LITMANOVICH MD	DIRECTOR	1.00	Director	$0	$0	$0
JOHNNY VLAHOS MD	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES LAU MD	DIRECTOR	1.00	Director	$0	$0	$0
LAURA HEYNEMAN MD	DIRECTOR	1.00	Director	$0	$0	$0
TERRANCE HEALEY MD	DIRECTOR	1.00	Director	$0	$0	$0
SUE O'SULLIVAN	MANAGING DIR	1.00	Officer	$0	$0	$0
TAYLOR O'SULLIVAN	EXECUTIVE DI	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	$875,848	$919,985	$1,984,904	$-44,137
2023	$968,859	$858,046	$1,801,939	$110,813
2022	$865,278	$948,340	$1,548,754	$-83,062
2021	$638,985	$511,261	$1,899,348	$127,724
2020	$825,353	$626,263	$1,553,598	$199,090
2019	$827,363	$691,481	$1,334,237	$135,882
2018	$789,144	$740,099	$1,096,540	$49,045