FLORIDA ACADEMY OF PAIN MEDICINE INC

EIN: 593298602

NEW PORT RICHEY, FL

Total Revenue
$87,815
Total Expenses
$90,361
Total Assets
$16,856
Net Assets
$16,856
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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
1995
Legal Domicile
FL
Principal Officer
SHAWN FOSTER
Phone
7278084131
Tax Period
2021-01-01 to 2021-12-31

FLORIDA ACADEMY OF PAIN MEDICINE INC, founded in 1995, is a micro nonprofit that reported $88K in total revenue in fiscal year 2021. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

1 THE PURSUIT OF A HIGH STANDARD OF EXCELLENCE IN THE PRACTICE OF PAIN MEDICINE. 2 THE PROMOTION OF THE INTEREST OF PATIENTS SUFFERING FROM PAIN. 3 THE ENHANCEMENT OF THE SCOPE AND LEVEL OF KNOWLEDGE ON PAIN DISORDERS. 4 EDUCATING PHYSICIANS TO ENHANCE THEIR KNOWLEDGE IN CLINICAL EVALUATION AND TREATMENT OF PATIENTS WITH PERSISTENT PAIN DISORDERS THROUGH CONTINUING EDUCATION ACTIVITIES. 5 PROMOTE A HEALTHY SOCIO-ECONOMIC CLIMATE CONDUCIVE TO PATIENTS SUFFERING FROM PERSISTENT PAIN TO RECEIVE HIGH QUALITY AND SPECIALIZED MEDICAL CARE.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $8,750
Program Service Revenue $79,065
Investment Income $0
Other Revenue $0
TOTAL REVENUE $87,815

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,931
Fundraising Expenses $0
Program Expenses $90,361
Other Expenses $51,430
TOTAL EXPENSES $90,361

Year-over-Year Comparison

2021 2020 Change
Revenue $87,815 $70,548 +0.2%
Expenses $90,361 $76,974 +0.2%
Net Income $-2,546 $-6,426 -0.6%
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

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Governance

Voting Members
14
Independent Members
14
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
14
$0
Total Directors
1
$38,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAWN FOSTER EXECUTIVE DI 20.00
Director
$38,500 $0 $38,500
PETER TARASCHI DO VICE-PRESIDE N/A
Officer
$0 $0 $0
ABRAHAM RIVERA MD PRESIDENT N/A
Officer
$0 $0 $0
ALBERT RAY MD OFFICER N/A
Officer
$0 $0 $0
ARUN JOSEPH MD OFFICER N/A
Officer
$0 $0 $0
CHARLIE MAHL MD OFFICER N/A
Officer
$0 $0 $0
CHUNG LEE MD PRESIDENT N/A
Officer
$0 $0 $0
DENNIS J PATIN MD OFFICER N/A
Officer
$0 $0 $0
FELIX LINETSKY MD SECRETARY N/A
Officer
$0 $0 $0
MAGED HAMZA MD OFFICER N/A
Officer
$0 $0 $0
PETER STAATS MD OFFICER N/A
Officer
$0 $0 $0
RAUL MONZON MD OFFICER N/A
Officer
$0 $0 $0
SUSANTI K CHOWDHURY MD TREASURER N/A
Officer
$0 $0 $0
VINOD K MALIK MD OFFICER N/A
Officer
$0 $0 $0
STANLEY R DENNISON JR MDMBA OFFICER N/A
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
2021 $87,815 $90,361 $16,856 $-2,546
2020 $70,548 $76,974 $20,415 $-6,426
2019 $126,955 $140,223 $38,619 $-13,268
2018 $149,654 $145,372 $40,764 $4,282
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