NORTH CAROLINA SOCIETY OF ANESTHESIOLOGISTS

EIN: 561530459

RALEIGH, NC

Total Revenue
$749,769
Total Expenses
$655,420
Total Assets
$618,149
Net Assets
$545,951
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
NC
Principal Officer
KARA WEISHAAR
Phone
9198216698
Tax Period
2023-01-01 to 2023-12-31

NORTH CAROLINA SOCIETY OF ANESTHESIOLOGISTS, founded in 1986, is a small nonprofit that reported $750K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $655K left a modest 13% surplus.

Mission

THE NCSA IS A PHYSICIAN ORGANIZATION COMMITTED TO PROMOTING THE HIGHEST STANDARDS OF THE PROFESSION OF ANESTHESIOLOGY AND ADVOCATING FOR THE SPECIALTY AND PATIENTS.

Program Service Accomplishments

Program 1
Expenses: $329,530 Revenue: $120,112

THE SOCIETY HOLDS AN ANNUAL MEETING IN ORDER TO PROVIDE MEMBERS WITH EDUCATION AND NETWORKING OPPORTUNITIES, AS WELL AS INFORMING MEMBERS OF DEVELOPMENTS IN THE ANESTHESIOLOGY INDUSTRY.

Program 2
Expenses: $240,000

THE SOCIETY REPRESENTS THE ANESTHESIOLOGY PROFESSION IN REGARD TO LEGISLATION, GOVERNMENT PROGRAMS, AND ANESTHESIA SERVICES IN ORDER TO PROMOTE THE ANESTHESIOLOGY INDUSTRY AND BENEFIT ITS MEMBERS.

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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 $628,999
Program Service Revenue $120,112
Investment Income $658
Other Revenue $0
TOTAL REVENUE $749,769

Expense Breakdown

Grants Paid $85,895
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $569,530
Other Expenses $569,525
TOTAL EXPENSES $655,420

Year-over-Year Comparison

2023 2022 Change
Revenue $749,769 $634,761 +0.2%
Expenses $655,420 $668,640 0.0%
Net Income $94,349 $-33,879 -3.8%
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

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Governance

Voting Members
6
Independent Members
6
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
6
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL RIEKER MD ASA DIRECTOR 1.00
Officer Director
$0 $0 $0
LABRON CHAMBERS MD PRESIDENT 1.00
Officer Director
$0 $0 $0
KAREN SLOCUM MD PRESIDENT - ELECT 1.00
Officer Director
$0 $0 $0
WILL CORBETT MD SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
DAVID MAYER MD ASA PAC CHAIR 1.00
Director
$0 $0 $0
MCNEIL CRONIN MD IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
KARA WEISHAAR EXECUTIVE DIRECTOR 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 No data No data No data No data
2023 $749,769 $655,420 $618,149 $94,349
2022 $634,761 $668,640 $519,967 $-33,879
2021 $583,587 $587,531 $547,853 $-3,944
2020 $514,963 $471,271 $578,259 $43,692
2019 $578,952 $628,765 $511,728 $-49,813
2018 $498,247 $453,450 $570,041 $44,797
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