NORTH CAROLINA SOCIETY OF PATHOLOG… - Form 990 Financial Data

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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

2002

Legal Domicile

Principal Officer

W ALAN SKIPPER

Phone

9198333836

Tax Period

2018-01-01 to 2018-12-31

NORTH CAROLINA SOCIETY OF PATHOLOGISTS, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $303K in total revenue in fiscal year 2018. Revenue surged 568% from the prior year, signaling strong growth momentum. The organization ran a surplus of $234K, a strong 77% operating margin.

Mission

TO FURTHER THE SCIENTIFIC, ETHICAL, SOCIAL, AND ECONOMIC FEATURES OF THE PRACTICE OF PATHOLOGY.

Program Service Accomplishments

Program 1

THE NORTH CAROLINA SOCIETY OF PATHOLOGISTS ANNUAL MEETING PROVIDES AN OPPORTUNITY EACH YEAR FOR NC PATHOLOGISTS TO ATTEND CONTINUING MEDICAL EDUCATION SESSIONS AND NETWORK WITH THEIR PATHOLOGY...

THE NORTH CAROLINA SOCIETY OF PATHOLOGISTS ANNUAL MEETING PROVIDES AN OPPORTUNITY EACH YEAR FOR NC PATHOLOGISTS TO ATTEND CONTINUING MEDICAL EDUCATION SESSIONS AND NETWORK WITH THEIR PATHOLOGY COLLEAGUES FROM ACROSS THE STATE.

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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 (2018)

Revenue Breakdown

Contributions & Grants $236,550

Program Service Revenue $47,150

Investment Income $19,364

Other Revenue $0

TOTAL REVENUE $303,064

Expense Breakdown

Grants Paid $1,550

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $67,651

TOTAL EXPENSES $69,201

Year-over-Year Comparison

	2018	2017	Change
Revenue	$303,064	$45,390	+5.7%
Expenses	$69,201	$43,089	+0.6%
Net Income	$233,863	$2,301	+100.6%

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
GEORGIA K OLYMPIO MD FCAP	PRESIDENT	0.50	Officer Director	$0	$0	$0
SHANNON J MCCALL MD FCAP	PRESIDENT-ELECT	0.50	Officer Director	$0	$0	$0
WILLIAM R SHIPLEY MD FCAP	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
CHRISTOPHER D MCKINNEY MD FCAP	SECRETARY-TREASURER	0.25	Officer Director	$0	$0	$0
ANAND S LAGOO MD PHD FCAP	PAST PRESIDENT	0.25	Director	$0	$0	$0
W ALAN SKIPPER CAE	EXECUTIVE DIRECTOR	0.32	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
2018	$303,064	$69,201	$230,319	$233,863

NORTH CAROLINA SOCIETY OF PATHOLOGISTS