VIRGINIA RADIOLOGICAL SOCIETY (EIN 541026798) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Principal Officer

PETER VAN GEERTRUYDEN MD

Phone

8046436631

Tax Period

2023-01-01 to 2023-12-31

VIRGINIA RADIOLOGICAL SOCIETY, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $212K in total revenue in fiscal year 2023. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $67K, a strong 32% operating margin.

Mission

TO ADVANCE THE SCIENCE OF RADIOLOGY, IMPROVE RADIOLOGY SERVICES TO PATIENTS AND THE MEDICAL COMMUNITY, STUDY THE ECONOMICS OF RADIOLOGY, ENCOURAGE AND IMPROVE THE CONTINUING EDUCATION OF RADIOLOGISTS AND PROMOTE THE PRACTICE OF RADIOLOGY IN THE COMMONWEALTH OF VIRGINIA.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $211,255

Investment Income $554

Other Revenue $235

TOTAL REVENUE $212,044

Expense Breakdown

Grants Paid $4,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $140,612

TOTAL EXPENSES $144,612

Year-over-Year Comparison

	2023	2022	Change
Revenue	$212,044	$103,373	+1.1%
Expenses	$144,612	$186,690	-0.2%
Net Income	$67,432	$-83,317	-1.8%

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

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
JENNIFER NATHAN MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOSE MOREY MD	PRESIDENT-EL	1.00	Officer Director	$0	$0	$0
PETER VAN GEERTRUYDEN MD	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
ARUN KRISHNARAJ MD	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
CHRISTOPHER BAILEY MD	COUNCILOR	1.00	Director	$0	$0	$0
TIMOTHY FARRELL MD	COUNCILOR	1.00	Director	$0	$0	$0
SEAN HIGGINSON MD	COUNCILOR	1.00	Director	$0	$0	$0
KENNETH HITE MD	COUNCILOR	1.00	Director	$0	$0	$0
SURAJ KABADI MD	COUNCILOR	1.00	Director	$0	$0	$0
SHIV KHANDELWAL MD	COUNCILOR	1.00	Director	$0	$0	$0
DREW LAMBERT MD	COUNCILOR	1.00	Director	$0	$0	$0
KARA DEMARCO MD	YOUNG ALT CO	1.00	Director	$0	$0	$0
LEILA REZAI GHARAI MD	ALTERNATE CO	1.00	Director	$0	$0	$0
S MOHAMMAD H GHARAVI MD	ALTERNATE CO	1.00	Director	$0	$0	$0
MARY ELIZABETH LEE JENSEN MD	ALTERNATE CO	1.00	Director	$0	$0	$0
JAMES SCHUSTER MD	ALTERNATE CO	1.00	Director	$0	$0	$0
ADAM SPECHT MD	ALTERNATE CO	1.00	Director	$0	$0	$0
RICHARD SZUCS MD	ALTERNATE CO	1.00	Director	$0	$0	$0
MARY ANN TURNER MD	ALTERNATE CO	1.00	Director	$0	$0	$0
MARK VAUGHN MD	ALTERNATE CO	1.00	Director	$0	$0	$0
LUKE WILKINS MD	ALTERNATE CO	1.00	Director	$0	$0	$0
ADAM WINICK MD	ALTERNATE CO	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
2023	$212,044	$144,612	$280,456	$67,432

VIRGINIA RADIOLOGICAL SOCIETY