FLORIDA PODIATRIC MEDICAL ASSOCIAT… - 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

1972

Legal Domicile

Principal Officer

KAREN LAMBERT

Phone

8502244085

Tax Period

2024-06-01 to 2025-05-31

FLORIDA PODIATRIC MEDICAL ASSOCIATION INC, founded in 1972, is a small nonprofit that reported $658K in total revenue in fiscal year 2024. Expenses of $587K left a modest 11% surplus.

Mission

TO PROMOTE PODIATRIC PHYSICIANS AS THE PREFERRED PROVIDERS OF MEDICINE AND SURGERY OF THE FOOT, ANKLE, & LOWER EXTREMITY IN THE STATE OF FLORIDA AND ELEVATE PUBLIC KNOWLEDGE OF PODIATRIC MEDICINE AND SURGERY AT ALL LEVELS THROUGHOUT THE STATE.

Program Service Accomplishments

Program 1

FPMA OFFERS SERVICES AND PROGRAMS DEDICATED TO IMPROVING THE PROFESSIONAL COMPETENCE OF INDIVIDUAL PODIATRIC PHYSICIANS. FPMA PROVIDES INFORMATION ABOUT HOW PODIATRIC MEDICINE BENEFITS THE HEALTH AND WELL-BEING OF THE GENERAL PUBLIC. THE CONFERENCES, SEMINARS AND CONVENTIONS ARE ATTENDED BY APPROXIMATELY 90% OF THE MEMBERS.

Program 2

THE ASSOCIATION IS DIVIDED INTO 8 COMPONENT UNITS. COMPONENT OFFICERS AND MEMBERS REGULARLY SCHEDULE MEETINGS THROUGHOUT THE YEAR TO DISCUSS IMPORTANT LOCAL AND STATE LEVEL ISSUES AND ESTABLISH...

THE ASSOCIATION IS DIVIDED INTO 8 COMPONENT UNITS. COMPONENT OFFICERS AND MEMBERS REGULARLY SCHEDULE MEETINGS THROUGHOUT THE YEAR TO DISCUSS IMPORTANT LOCAL AND STATE LEVEL ISSUES AND ESTABLISH WORTHWHILE PROGRAMS AND ACTIVITIES FOR THE BENEFIT OF THE MEMBERS AND LOCAL COMMUNITY.

Program 3

FPMA CURRENTLY UNITES MORE THAN 1,000 PODIATRIC PHYSICIANS IN THIS COMMON CAUSE AND SERVES AS THE VOICE FOR THE PROFESSION IN FLORIDA AND WASHINGTON, D.C. THROUGH DELEGATES TO THE AMERICAN PODIATRIC MEDICAL ASSOCIATION (APMA).FPMA REPRESENTS ITS 1,285 MEMBERS STATEWIDE AND NATIONALLY TO AFFECT BENEFICIAL CHANGE AND STAVE OFF DETRIMENTAL EFFECTS TO PODIATRIC PHYSICIANS' PRACTICES THROUGH LEGISLATIVE ACTION, POLICY, MONITORING, AND REPRESENTATION.

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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 $26,969

Program Service Revenue $530,608

Investment Income $91,025

Other Revenue $9,175

TOTAL REVENUE $657,777

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,775

Fundraising Expenses $0

Other Expenses $408,360

TOTAL EXPENSES $587,135

Year-over-Year Comparison

	2024	2023	Change
Revenue	$657,777	$683,208	0.0%
Expenses	$587,135	$558,790	+0.1%
Net Income	$70,642	$124,418	-0.4%

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

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

$154,541

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADRIANA STRIMBU	PRESIDENT	1.00	Officer Director	$0	$0	$0
LIANA SELDIN	PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
DIANA ROGERS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TIMOTHY MILLER	TREASURER	1.00	Officer Director	$0	$0	$0
NISHU VORA	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID SCHWEIBISH	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
JENNY ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN BAKER	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM BILL BEATON	DIRECTOR	1.00	Director	$0	$0	$0
SEYMOUR BEISER	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW BELIS	DIRECTOR	1.00	Director	$0	$0	$0
MARK BLOCK	DIRECTOR	1.00	Director	$0	$0	$0
ZENOBIA BOWEN	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS BRONER	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT FRIMMEL	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS FRISCH	DIRECTOR	1.00	Director	$0	$0	$0
LOUIS GIANNONE	DIRECTOR	1.00	Director	$0	$0	$0
ROBERTA GIUDICE TELLER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GOGGIN	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW GREEN	DIRECTOR	1.00	Director	$0	$0	$0
BARNEY GREENBERG	DIRECTOR	1.00	Director	$0	$0	$0
MACALEE HARLIS JR	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT IANNACONE	DIRECTOR	1.00	Director	$0	$0	$0
MARK ISENBERG	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE KANE	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT KATZ	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN KATZ	DIRECTOR	1.00	Director	$0	$0	$0
JAMES KOON	DIRECTOR	1.00	Director	$0	$0	$0
BIFF KRAMER	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN LEVIN	DIRECTOR	1.00	Director	$0	$0	$0
TERENCE MCDONALD	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN MERITT	DIRECTOR	1.00	Director	$0	$0	$0
BRIANT MOYLES	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA NICHOLAS	DIRECTOR	1.00	Director	$0	$0	$0
MARIA NOLL	DIRECTOR	1.00	Director	$0	$0	$0
ADAM OXIOS	DIRECTOR	1.00	Director	$0	$0	$0
AMBERLY PARADOA	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL PAULA	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN PETROFSKY	DIRECTOR	1.00	Director	$0	$0	$0
DONALD POPPER	DIRECTOR	1.00	Director	$0	$0	$0
MARTIN PORT	DIRECTOR	1.00	Director	$0	$0	$0
MADELIN RAMIL	DIRECTOR	1.00	Director	$0	$0	$0
NORSHAE ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
CASSANDRA SAINT LOUIS	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG SCHEIN	DIRECTOR	1.00	Director	$0	$0	$0
LARISSA SCHMIDT	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH SINDONE	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN SPOONER	DIRECTOR	1.00	Director	$0	$0	$0
JAMES STELNICKI	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH STRICKLAND	DIRECTOR	1.00	Director	$0	$0	$0
SAMIR VAKIL	DIRECTOR	1.00	Director	$0	$0	$0
CHAD WATKINS	DIRECTOR	1.00	Director	$0	$0	$0
SHELDON WILLENS	DIRECTOR	1.00	Director	$0	$0	$0
ANDRE WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
ALISSA ZDANCEWICZ	DIRECTOR	1.00	Director	$0	$0	$0
CARY ZINKIN	DIRECTOR	1.00	Director	$0	$0	$0
KAREN LAMBERT	EXECUTIVE DIRECTOR	30.00	Officer	$137,877	$16,664	$154,541

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
2025	$657,777	$587,135	$3,188,567	$70,642
2024	$683,208	$558,790	$3,198,119	$124,418
2023	$979,761	$762,329	$2,818,404	$217,432
2023	$796,839	$618,127	$2,779,684	$178,712
2022	$1,125,960	$665,349	$2,609,102	$460,611
2018	$1,546,004	$1,215,375	$2,286,904	$330,629
2017	$1,227,360	$1,160,119	$1,807,488	$67,241

FLORIDA PODIATRIC MEDICAL ASSOCIATION INC