FLORIDA SOCIETY OF AMBULATORY SURG… - 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

1990

Legal Domicile

Principal Officer

PETER LOHRENGEL

Phone

8502223000

Tax Period

2025-01-01 to 2025-12-31

FLORIDA SOCIETY OF AMBULATORY SURGICAL C, founded in 1990, is a small nonprofit that reported $878K in total revenue in fiscal year 2025.

Mission

THE MISSION OF THE FLORIDA SOCIETY OF AMBULATORY SURGICAL CENTERS IS TO ADVANCE THE AMBULATORY SURGICAL CENTER INDUSTRY THROUGH GOVERNMENT ADVOCACY AND TO PROMOTE THE PROFESSIONALISM OF ITS MEMBERS THROUGH EDUCATION, NETWORKING AND THE EXCHANGE OF INFORMATION.

Program Service Accomplishments

Program 1

HELD ANNUAL TRADESHOW FEATURING TOP VENDORS DISPLAYING PRODUCTS AND SERVICES. EDUCATIONAL TOPICS FOCUSED ON BUSINESS AND CLINICAL ISSUES RELATING TO THE ASC INDUSTRY. THERE WERE APPROXIMATELY 12...

HELD ANNUAL TRADESHOW FEATURING TOP VENDORS DISPLAYING PRODUCTS AND SERVICES. EDUCATIONAL TOPICS FOCUSED ON BUSINESS AND CLINICAL ISSUES RELATING TO THE ASC INDUSTRY. THERE WERE APPROXIMATELY 12 SESSIONS AND THE CONFERENCE HAD APPROXIMATELY 170 ATTENDEES AND 70 VENDORS BOOTHS.

Program 2

PUBLISHED QUARTERLY NEWSLETTER TITLED SURGIWATCH NEWSLETTER MAILED TO ALL AMBULATORY SURGERY CENTERS IN FLORIDA AND FSASC MEMBERS. THE NEWSLETTER PROVIDES THE FLORIDA AMBULATORY SURGICAL CENTER...

PUBLISHED QUARTERLY NEWSLETTER TITLED SURGIWATCH NEWSLETTER MAILED TO ALL AMBULATORY SURGERY CENTERS IN FLORIDA AND FSASC MEMBERS. THE NEWSLETTER PROVIDES THE FLORIDA AMBULATORY SURGICAL CENTER INDUSTRY WITH PERTINENT INFORMATION SUCH AS REGULATORY AND LEGISLATIVE CHANGES AND UPDATES ON AMBULATORY SURGERY CENTERS ACTIVITIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $862,131

Investment Income $16,286

Other Revenue $0

TOTAL REVENUE $878,417

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $858,256

TOTAL EXPENSES $858,256

Year-over-Year Comparison

	2025	2024	Change
Revenue	$878,417	$841,878	+0.0%
Expenses	$858,256	$854,066	+0.0%
Net Income	$20,161	$-12,188	-2.7%

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
DEBBIE BAKER	DIRECTOR	0.80	Director	$0	$0	$0
BRIAN RYE	PRESIDENT	0.80	Officer Director	$0	$0	$0
LINDA NASH	DIRECTOR	0.80	Director	$0	$0	$0
KERRI GANTT	DIRECTOR	0.80	Officer Director	$0	$0	$0
ROBERT HAEN	PAST PRESIDENT	0.80	Director	$0	$0	$0
ED TENNANT	VICE PRESIDENT	0.80	Director	$0	$0	$0
MIKE MADEWELL	TREASURER	0.80	Director	$0	$0	$0
DAVID M SHAPIRO MD	EX OFFICIO	0.80	Director	$0	$0	$0
ERIN BRADSTREET	SECRETARY	0.80	Director	$0	$0	$0
RENA COURTAY	DIRECTOR	0.80	Director	$0	$0	$0
JESSICA HILL	DIRECTOR	0.80	Director	$0	$0	$0
KATHLEEN MYERS	DIRECTOR	0.80	Director	$0	$0	$0
BETH EDWARDS	DIRECTOR	0.80	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
2025	$878,417	$858,256	$695,958	$20,161
2024	No data	No data	No data	No data
2023	$863,524	$830,026	$640,104	$33,498
2022	$778,630	$796,858	$553,619	$-18,228
2021	$689,231	$697,669	$645,262	$-8,438
2020	$482,628	$605,390	$511,785	$-122,762
2019	$773,487	$771,886	$696,194	$1,601
2018	$780,117	$681,166	$661,151	$98,951

FLORIDA SOCIETY OF AMBULATORY SURGICAL C