Society for Perioperative Assessment and Quality Improvement

EIN: 593824032 501(c)(3) Medical Research

Glenview, IL

Total Revenue
$779,575
Total Expenses
$424,885
Total Assets
$1,352,702
Net Assets
$1,197,355
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MA
Principal Officer
Avital O'Glasser MD FACP FHM
Phone
8475771814
Tax Period
2025-01-01 to 2025-12-31

Society for Perioperative Assessment and Quality Improvement, founded in 2006, is a small nonprofit in the Medical Research sector that reported $780K in total revenue in fiscal year 2025. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $355K, a strong 45% operating margin.

Mission

Provide a collaborative forum of multidisciplinary professionals to learn, educate, innovate, and collaborate to deliver high-value, safe perioperative practices.

Program Service Accomplishments

Program 1
Expenses: $378,854 Revenue: $427,339

Sponsored the annual Perioperative Medicine Summit and Educational Course during March of 2025 in Denver, CO as well as virtually. The Summit brought together numerous national and international...

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Sponsored the annual Perioperative Medicine Summit and Educational Course during March of 2025 in Denver, CO as well as virtually. The Summit brought together numerous national and international experts in the field of perioperative medicine. There were approximately 450 professionals participating. The annual meeting is designed to enable clinicians who are actively engaged in perioperative medical care to incorporate the latest findings from clinical research and recommendations from evidence-based guidelines into their practices so that they can improve the quality and safety of their medical care.

Program 2
Expenses: $8,000 Revenue: $58,200

Sponsored a Perioperative Management Core Knowledge Certificate Program .This asynchronous program includes twenty educational sessions from fifteen experts who provide up to date information...

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Sponsored a Perioperative Management Core Knowledge Certificate Program .This asynchronous program includes twenty educational sessions from fifteen experts who provide up to date information regarding best practice in preoperative optimization and perioperative management. Upon completion of the video series, there is an examination to assess knowledge and provide continuing education for those with a passing score on a post-session test. A SPAQI certificate will be presented to everyone who completes the course and the final exam. This is considered to provide a way to demonstrate competency and expertise in this unique subspecialty!

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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 (2025)

Revenue Breakdown

Contributions & Grants $122,199
Program Service Revenue $613,709
Investment Income $39,547
Other Revenue $4,120
TOTAL REVENUE $779,575

Expense Breakdown

Grants Paid $18,234
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $386,854
Other Expenses $406,651
TOTAL EXPENSES $424,885

Year-over-Year Comparison

2025 2024 Change
Revenue $779,575 $556,825 +0.4%
Expenses $424,885 $371,200 +0.1%
Net Income $354,690 $185,625 +0.9%
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
20
Independent Members
20
Employees
N/A
Volunteers
20

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
5
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Angela Selzer MD Vice President 2.00
Officer Director
$0 $0 $0
Marjorie Gloff MD Secretary 2.00
Officer Director
$0 $0 $0
Jeanna Blitz MD Past President 2.00
Officer Director
$0 $0 $0
Kenneth Cummings MD Treasurer 2.00
Officer Director
$0 $0 $0
Christopher Berner PA Board Member 0.50
Director
$0 $0 $0
Angela M Bader MD MPH Board Member 0.50
Director
$0 $0 $0
Frances Chung MBBS LMCC Board Member 0.50
Director
$0 $0 $0
Emannuelle Duceppe MD PhD Board Member 0.50
Director
$0 $0 $0
Angela F Edwards MD FASA Board Member 0.50
Director
$0 $0 $0
Paul Grant MD FACP SFHM Board Member 0.50
Director
$0 $0 $0
Richard Urman MD MBA Board Member 0.50
Director
$0 $0 $0
David L Hepner MD MPH Board Member 0.50
Director
$0 $0 $0
Debra Pulley MD Board Member 0.50
Director
$0 $0 $0
BobbieJean Sweitzer MD FACP Board Member 0.50
Director
$0 $0 $0
Heather Nye MD PhD Board Member 0.50
Director
$0 $0 $0
Avital O'Glasser MD FACP FHM President 2.00
Officer Director
$0 $0 $0
Dana Oprea MD Board Member 0.50
Director
$0 $0 $0
Hollis Ray MD DFPM Board Member 0.50
Director
$0 $0 $0
Kurt Pfeifer MD DFPM Board Member 0.50
Director
$0 $0 $0
Karina Vazquez MD Board Member 0.50
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 $779,575 $424,885 $1,352,702 $354,690
2024 $556,825 $371,200 $926,595 $185,625
2023 $370,098 $289,480 $703,307 $80,618
2022 $384,619 $332,697 $595,815 $51,922
2021 $300,254 $145,047 $543,128 $155,207
2020 $413,877 $259,716 $396,661 $154,161
2019 $376,624 $286,132 $307,280 $90,492
2018 $256,893 $236,213 $234,555 $20,680
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