ILLINOIS MEDICAL ONCOLOGY SOCIETY

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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

2003

Legal Domicile

Principal Officer

KRISTIN PRINE

Phone

8472644667

Tax Period

2024-01-01 to 2024-12-31

ILLINOIS MEDICAL ONCOLOGY SOCIETY, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $283K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $260K left a modest 8% surplus.

Mission

TO PROVIDE ADVOCACY FOR CANCER PATIENTS AND TO PROMOTE STANDARDS OF EXCELLENCE FOR HIGH-QUALITY CANCER CARE.

Program Service Accomplishments

Program 1

ILLINOIS MEDICAL ONCOLOGY SOCIETY ("IMOS") WORKS AS A LIAISON BETWEEN ONCOLOGY PROVIDERS, STATE AND FEDERAL LAWMAKERS, CORPORATE MEMBERS AND THE INSURANCE INDUSTRY. IMOS IS AN INCLUSIVE...

ILLINOIS MEDICAL ONCOLOGY SOCIETY ("IMOS") WORKS AS A LIAISON BETWEEN ONCOLOGY PROVIDERS, STATE AND FEDERAL LAWMAKERS, CORPORATE MEMBERS AND THE INSURANCE INDUSTRY. IMOS IS AN INCLUSIVE REPRESENTATIVE BODY OF ALL CANCER CARE PROVIDERS IN THE STATE OF ILLINOIS. WHETHER IT IS IN THE FORM OF EDUCATIONAL MEETINGS OR WEB-BASED RESOURCES, IMOS STRIVES TO CREATE EFFECTIVE METHODS TO FACILITATE EDUCATION, ADVOCACY, COMMUNICATION AND A SENSE OF COMMUNITY AMONG ITS INTERDISCIPLINARY 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $267,000

Investment Income $16,363

Other Revenue $0

TOTAL REVENUE $283,363

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $260,116

TOTAL EXPENSES $260,116

Year-over-Year Comparison

	2024	2023	Change
Revenue	$283,363	$301,724	-0.1%
Expenses	$260,116	$203,298	+0.3%
Net Income	$23,247	$98,426	-0.8%

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
GARY MACVICAR MD	PRESIDENT/ CHAIR	1.00	Officer Director	$0	$0	$0
SUJAY KARVEKAR MBA	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
JOSEPH J KASH MD	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
ROSE BATISTE APN	BOARD MEMBER	1.00	Director	$0	$0	$0
JANELLE L HAMILTON CPC CPC-P	BOARD MEMBER	1.00	Director	$0	$0	$0
SHEETAL KIRCHER MD	BOARD MEMBER	1.00	Director	$0	$0	$0
BLASE POLITEMD	BOARD MEMBER	1.00	Director	$0	$0	$0
NISHA MOHINDRA	BOARD MEMBER	1.00	Director	$0	$0	$0
APARNA KALYAN MBBS	BOARD MEMBER	1.00	Director	$0	$0	$0
KRISTIN PRINE	EXECUTIVE DIRECTOR	5.00	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	$283,363	$260,116	$909,280	$23,247
2023	$301,724	$203,298	$828,492	$98,426
2022	$307,118	$180,194	$701,295	$126,924
2021	$311,358	$159,634	$743,070	$151,724
2020	$179,858	$128,132	$570,843	$51,726
2018	$200,224	$208,211	$388,508	$-7,987