FLORIDA UROLOGICAL SOCIETY INC

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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

1948

Legal Domicile

Principal Officer

Sijo J Parekattil MD

Phone

8475177225

Tax Period

2024-01-01 to 2024-12-31

FLORIDA UROLOGICAL SOCIETY INC, founded in 1948, is a small nonprofit that reported $539K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $85K, a strong 16% operating margin.

Mission

The mission of Florida Urological Society is to provide an educational, political, social, and economic advisory forum, as well as a common voice for all urologists in the state of Florida.

Program Service Accomplishments

Program 1

The Florida Urological Society holds an annual meeting in the fall each year, which offers the continuing medical education of medical students, resident, fellows, and practicing physicians in the...

The Florida Urological Society holds an annual meeting in the fall each year, which offers the continuing medical education of medical students, resident, fellows, and practicing physicians in the field of urology. The program is for physicians with all levels of experience and covers diverse topics relevant to this specialty.

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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 (2024)

Revenue Breakdown

Contributions & Grants $150

Program Service Revenue $536,751

Investment Income $1,820

Other Revenue $187

TOTAL REVENUE $538,908

Expense Breakdown

Grants Paid $3,563

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $450,710

TOTAL EXPENSES $454,273

Year-over-Year Comparison

	2024	2023	Change
Revenue	$538,908	$495,708	+0.1%
Expenses	$454,273	$470,161	0.0%
Net Income	$84,635	$25,547	+2.3%

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

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
Sijo J Parekattil MD	President	1.00	Officer Director	$0	$0	$0
Trushar Patel MD	President-elect	1.00	Officer Director	$0	$0	$0
Sneha Shah Vaish MD FACS	Treasurer	1.00	Officer Director	$0	$0	$0
Ali Kasraeian MD FACS	Secretary	1.00	Officer Director	$0	$0	$0
David D Thiel MD	Past President	1.00	Officer Director	$0	$0	$0
James E Alver MD FACS	Historian	1.00	Director	$0	$0	$0
KC Balaji MD	Director	1.00	Director	$0	$0	$0
James Bradley Mason MD	Director	1.00	Director	$0	$0	$0
Barrett Zachary McCormick MD	Director	1.00	Director	$0	$0	$0
Ram A Pathak MD	Director	1.00	Director	$0	$0	$0
Christopher R Williams MD	Director	1.00	Director	$0	$0	$0
Victoria Yvonne Bird MD	Director	1.00	Director	$0	$0	$0
David Joseph Hernandez MD	Director	1.00	Director	$0	$0	$0
Yvonne K Koch MD	Director	1.00	Director	$0	$0	$0
Padraic O'Malley MSc MD FRC	Director	1.00	Director	$0	$0	$0
Steven P Petrou MD	Director	1.00	Director	$0	$0	$0
Arash Rafiei MD	Director	1.00	Director	$0	$0	$0
Rolando Rivera MD FACS	Director	1.00	Director	$0	$0	$0
Katherine Amin MD	Director	1.00	Director	$0	$0	$0
Kevin Campbell MD MS	Director	1.00	Director	$0	$0	$0
Joseph Anthony Costa DO	Director	1.00	Director	$0	$0	$0
Chandler David Dora MD	Director	1.00	Director	$0	$0	$0
LUCAS ROSS WIEGAND MD	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	$538,908	$454,273	$1,041,530	$84,635
2023	$495,708	$470,161	$830,141	$25,547
2022	$523,678	$471,381	$797,696	$52,297
2021	$497,548	$372,204	$892,616	$125,344
2020	$127,267	$163,304	$654,277	$-36,037
2019	$362,283	$262,635	$676,370	$99,648
2018	$361,613	$291,557	$593,284	$70,056