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)

4 risk indicators measuring financial stability and operational resilience

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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.

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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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