FLORIDA PSYCHIATRIC SOCIETY INC (EIN 591735183) - Form 990 Financial Analysis & Trantor Score

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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

1962

Legal Domicile

Principal Officer

KENDRA ADAMS

Phone

8502228404

Tax Period

2023-01-01 to 2023-12-31

FLORIDA PSYCHIATRIC SOCIETY INC, founded in 1962, is a small nonprofit that reported $602K in total revenue in fiscal year 2023.

Mission

THE SOCIETY'S MISSION IS TO IMPROVE PSYCHIATRIC PRACTICE AND RESEARCH, TO ADVANCE THE CARE OF PSYCHIATRIC PATIENTS, AND TO RAISE INDUSTRY STANDARDS OF PROFESSIONAL EDUCATION.

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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 $23,211

Program Service Revenue $574,159

Investment Income $3,351

Other Revenue $1,725

TOTAL REVENUE $602,446

Expense Breakdown

Grants Paid $4,200

Salaries & Benefits $214,359

Fundraising Expenses $0

Other Expenses $433,829

TOTAL EXPENSES $652,388

Year-over-Year Comparison

	2023	2022	Change
Revenue	$602,446	$565,786	+0.1%
Expenses	$652,388	$538,162	+0.2%
Net Income	$-49,942	$27,624	-2.8%

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

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

$79,568

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENDRA ADAMS	EXECUTIVE DI	40.00	Officer	$79,568	$0	$79,568
BARBARA GRACIOUS MD DFAPA	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN DRAZINIC MD PD MDA DFAPA	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
KRITHIKA IYER MD DFAPA	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL SHAPIRO MD DFAPA	DIRECTOR	1.00	Director	$0	$0	$0
UMA SURYADEVARA MD DFAPA	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRUCE SALTZ MD DLFAPA	PRESIDENT-EL	1.00	Officer Director	$0	$0	$0
CARYN SCHORR MD DLFAPA	IMM PAST-PRE	1.00	Director	$0	$0	$0
CASSANDRA F NEWKIRK MD DLFAPA	DIRECTOR	1.00	Director	$0	$0	$0
DEBRA BARNETT MD DLFAPA	DIRECTOR	1.00	Director	$0	$0	$0
ETHAN KASS DO DLFAPA	DIRECTOR	1.00	Director	$0	$0	$0
F KEVIN BUTLER MD DLFAPA	TREASURER	1.00	Officer Director	$0	$0	$0
MICHELLE JACOBS MD FAPA	SECRETARY	1.00	Officer Director	$0	$0	$0
OMAIR ABASSI MD FAPA	DIRECTOR	1.00	Director	$0	$0	$0
FRANCE LEANDRE MD	DIRECTOR	1.00	Director	$0	$0	$0
JOSE HAWAYEK MD	DIRECTOR	1.00	Director	$0	$0	$0
NAREN VELLANKI MD	DIRECTOR	1.00	Director	$0	$0	$0
ALEKSANDR KAIPOV MD PHD	DIRECTOR	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	$602,446	$652,388	$433,894	$-49,942
2022	$565,786	$538,162	$462,483	$27,624
2021	$517,216	$425,210	$492,589	$92,006
2020	$525,759	$486,919	$388,156	$38,840
2019	$603,874	$616,030	$350,665	$-12,156
2018	$558,371	$661,027	$334,383	$-102,656

FLORIDA PSYCHIATRIC SOCIETY INC