SOUTHERN NURSING RESEARCH 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

1986

Legal Domicile

Principal Officer

PAMELA ASHCRAFT

Phone

5403360355

Tax Period

2023-01-01 to 2023-12-31

SOUTHERN NURSING RESEARCH SOCIETY, founded in 1986, is a small nonprofit in the Health Care sector that reported $458K in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $415K left a modest 9% surplus.

Mission

SEE MISSION STATEMENT LISTED ON FORM 990, PAGE 1, PART 1, LINE 1

Program Service Accomplishments

Program 1

Expenses: $267,984 Revenue: $277,175

THE SOCIETY HOLDS AN ANNUAL CONFERENCE, TYPICALLY IN FEBRUARY OR MARCH EACH YEAR. PRE-CONFERENCE WORKSHOPS ARE ALSO CONDUCTED FOR EDUCATIONAL OPPORTUNITIES FOR ITS MEMBERS.

Program 2

Expenses: $18,500 Revenue: $7,786

THE SOCIETY FUNDS AND PROMOTES VARIOUS RESEARCH AWARD PROGRAMS. AMONG THESE PROGRAMS ARE CERTAIN RESEARCH AND GRANT MATCH AWARDS THAT THE SOCIETY WORKS IN COLLABORATION WITH OTHER NURSING RESEARCH...

THE SOCIETY FUNDS AND PROMOTES VARIOUS RESEARCH AWARD PROGRAMS. AMONG THESE PROGRAMS ARE CERTAIN RESEARCH AND GRANT MATCH AWARDS THAT THE SOCIETY WORKS IN COLLABORATION WITH OTHER NURSING RESEARCH ORGANIZATIONS.

Program 3

Expenses: $15,620 Revenue: $780

THE SOCIETY PUBLISHES A BIMONTHLY JOURNAL, THE "RESEARCH IN NURSING AND HEALTH (RINAH) JOURNAL", WHICH IS PROVIDED TO ALL MEMBERS OF THE SOCIETY.

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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 $154,825

Program Service Revenue $289,485

Investment Income $11,520

Other Revenue $2,581

TOTAL REVENUE $458,411

Expense Breakdown

Grants Paid $18,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $302,104

Other Expenses $396,890

TOTAL EXPENSES $415,390

Year-over-Year Comparison

	2023	2022	Change
Revenue	$458,411	$297,364	+0.5%
Expenses	$415,390	$312,743	+0.3%
Net Income	$43,021	$-15,379	-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

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
ELIZABETH REIFSNIDER	PRESIDENT	3.00	Officer Director	$0	$0	$0
CHARLEEN C MCNEILL	PRESIDENT-ELECT	2.00	Officer Director	$0	$0	$0
HYOCHOL BRIAN AHN	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CAROLYN MILLER REILLY	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
MIRIAM O EZENWA	AT-LARGE MEMBER	2.00	Director	$0	$0	$0
MERCY MUMBA	AT-LARGE MEMBER	2.00	Director	$0	$0	$0
ASHLEY RIVERA	AT-LARGE MEMBER	2.00	Director	$0	$0	$0
JOANN D LONG	AT-LARGE MEMBER	2.00	Director	$0	$0	$0
VICKI LOERZEL	AT-LARGE MEMBER	2.00	Director	$0	$0	$0
KYUNGEH AN	AT-LARGE MEMBER	2.00	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	$458,411	$415,390	$621,360	$43,021
2022	$297,364	$312,743	$447,830	$-15,379
2021	$218,584	$232,101	$480,863	$-13,517
2020	$158,569	$204,546	$484,683	$-45,977
2019	$388,126	$411,356	$538,227	$-23,230
2018	$423,578	$430,686	$546,753	$-7,108