Florida State Oriental Medical Association Inc (EIN 650456501) - Form 990 Financial Analysis & Trantor Score

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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

1994

Legal Domicile

Principal Officer

M Ellen Teeter

Phone

8005784865

Tax Period

2023-01-01 to 2023-12-31

Florida State Oriental Medical Association Inc, founded in 1994, is a small nonprofit that reported $359K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $65K, a strong 18% operating margin.

Mission

FSOMA members are committed to improving the health and well-being of Floridians by advancing the profession of Acupuncture and Oriental Medicine.

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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 (2023)

Revenue Breakdown

Contributions & Grants $202,292

Program Service Revenue $156,533

Investment Income $11

Other Revenue $0

TOTAL REVENUE $358,836

Expense Breakdown

Grants Paid $5,750

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $288,182

TOTAL EXPENSES $293,932

Year-over-Year Comparison

	2023	2022	Change
Revenue	$358,836	$273,932	+0.3%
Expenses	$293,932	$299,149	0.0%
Net Income	$64,904	$-25,217	-3.6%

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

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

$47,884

Total Directors

$47,884

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
M Ellen Teeter	CEO	20.00	Officer Director	$47,884	$0	$47,884
Galina Roofener	President	0.00	Officer	$0	$0	$0
Sandra Kahn	Vice President	0.00	Officer	$0	$0	$0
Theresa Gilmore	Treasurer	0.00	Officer	$0	$0	$0
Lynn McPhearson	Secretary	0.00	Officer	$0	$0	$0
Mary Riggin	Director	0.00	Director	$0	$0	$0
Kym Caporale	Director	0.00	Director	$0	$0	$0
Yue Wang	Director	0.00	Director	$0	$0	$0
Cynthiaann Hayes-Hurst	Director	0.00	Director	$0	$0	$0
Dickie Walls	Director	0.00	Director	$0	$0	$0
Stuart Shipe	Director	0.00	Director	$0	$0	$0
Christina Casado	Director	0.00	Director	$0	$0	$0
Rachel Siditsky	Director	0.00	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	No data	No data	No data	No data
2023	$358,836	$293,932	$241,362	$64,904
2022	$273,932	$299,149	$174,008	$-25,217
2021	$241,445	$255,689	$203,108	$-14,244
2020	$209,284	$187,863	$214,130	$21,421
2019	$274,087	$233,841	$194,492	$40,246
2018	$301,835	$271,125	$152,633	$30,710

Florida State Oriental Medical Association Inc