SOUTH CAROLINA 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

1997

Legal Domicile

Principal Officer

ASUTOSH BOBBY GOR

Phone

3019849496

Tax Period

2023-01-01 to 2023-12-31

SOUTH CAROLINA ONCOLOGY SOCIETY, founded in 1997, is a small nonprofit that reported $443K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE CONTINUING FORUMS FOR EXCHANGE OF INFORMATION AND EDUCATION TO ITS MEMBERS THROUGH ASSOCIATION AND SPEAKERS AND MEETINGS ON ONCOLOGY.

Program Service Accomplishments

Program 1

- HOSTED A SUCCESSFUL, ANNUAL CONFERENCE FEATURING PROMINENT NATIONAL AND LOCAL SPEAKERS WHO PRESENTED THE LATEST DEVELOPMENTS ON POLICY, ONCOLOGY TREATMENTS, AND ECONOMIC TRENDS.- CONTINUED TO...

- HOSTED A SUCCESSFUL, ANNUAL CONFERENCE FEATURING PROMINENT NATIONAL AND LOCAL SPEAKERS WHO PRESENTED THE LATEST DEVELOPMENTS ON POLICY, ONCOLOGY TREATMENTS, AND ECONOMIC TRENDS.- CONTINUED TO ADVOCATE FOR CANCER PATIENTS AND PROVIDERS ON STATE LEGISLATION AND REGULATORY ISSUES WITH THE ASSISTANCE OF ITS LOBBYING FIRM, RILEY POPE & LANEY, LLC.- CONTINUED TO BE AN INFORMATIONAL RESOURCE FOR MULTIDISCIPLINARY CANCER CARE TEAMS IN SC THROUGH REGULAR DISSEMINATION OF ONCOLOGY NEWS AND HEALTHCARE POLICY UPDATES THROUGH THE WEBSITE AND E-NEWSLETTER.- CO-HOSTED A WELL-ATTENDED, CE-CERTIFIED JOINT CONFERENCE WITH THE SOUTH CAROLINA ONCOLOGY SOCIETY (SCOS) WHICH HIGHLIGHTED THE LATEST UPDATES IN ONCOLOGY, HEMATOLOGY, AND HEALTHCARE POLICY ON THE NATIONAL AND STATE LEVEL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $320,000

Program Service Revenue $107,905

Investment Income $15,171

Other Revenue $0

TOTAL REVENUE $443,076

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $477,013

TOTAL EXPENSES $480,013

Year-over-Year Comparison

	2023	2022	Change
Revenue	$443,076	$406,485	+0.1%
Expenses	$480,013	$424,797	+0.1%
Net Income	$-36,937	$-18,312	+1.0%

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
ASUTOSH BOBBY GOR	PRESIDENT	1.00	Officer Director	$0	$0	$0
SUZANNE FANNING	PRESIDENT - ELECT	1.00	Officer Director	$0	$0	$0
GENE B SAYLORS	IMMEDIATE PAST-PRESIDENT	1.00	Officer Director	$0	$0	$0
JULIA SAYLORS	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
EMILY Z TOULOUKIAN	DIRECTOR-AT-LARGE	1.00	Director	$0	$0	$0
WILLIAM E BOBO	DIRECTOR-AT-LARGE	1.00	Director	$0	$0	$0
ROBERT J COLLINS III	DIRECTOR-AT-LARGE	1.00	Director	$0	$0	$0
BRIAN HESS	DIRECTOR-AT-LARGE	1.00	Director	$0	$0	$0
KASHYAP B PATEL	DIRECTOR-AT-LARGE	1.00	Director	$0	$0	$0
GARY W THOMAS	DIRECTOR-AT-LARGE	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	No data	No data	No data	No data
2023	$443,076	$480,013	$800,953	$-36,937
2022	$406,485	$424,797	$823,758	$-18,312
2021	$372,097	$297,650	$824,575	$74,447
2020	$229,793	$190,774	$737,839	$39,019
2019	$337,889	$285,021	$739,202	$52,868
2018	$330,367	$246,250	$666,322	$84,117