Texas Society of Pathologists

EIN: 741556122

Austin, TX

Total Revenue
$309,527
Total Expenses
$353,414
Total Assets
$494,035
Net Assets
$77,865
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1921
Legal Domicile
TX
Principal Officer
Victor Prieto MD PhD
Phone
5123701510
Tax Period
2024-01-01 to 2024-12-31

Texas Society of Pathologists, founded in 1921, is a small nonprofit that reported $310K in total revenue in fiscal year 2024. Expenses of $353K exceeded revenue, resulting in a 14% operating deficit.

Mission

The Texas Society of Pathologists is the statewide membership organization specifically targeted to pathologists practicing in Texas. Founded in 1921, TSP is the oldest state pathology organization in the United States, and currently has more than 1,100 members statewide. Through its mission of "focusing on excellece in medicine", the society provides continuing medical education, publications, a resource center, advocacy, job placement listings, and many other services for pathologists and those interested in the field of pathology.

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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 (2024)

Revenue Breakdown

Contributions & Grants $162,267
Program Service Revenue $146,325
Investment Income $935
Other Revenue $0
TOTAL REVENUE $309,527

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,000
Fundraising Expenses $0
Program Expenses $353,414
Other Expenses $352,414
TOTAL EXPENSES $353,414

Year-over-Year Comparison

2024 2023 Change
Revenue $309,527 $291,547 +0.1%
Expenses $353,414 $357,467 0.0%
Net Income $-43,887 $-65,920 -0.3%
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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
40

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
6
$0
Total Directors
10
$1,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Clare McCormick-Baw At Large-Dir 1.00
Director
$1,000 $0 $1,000
Melora Berardo MD At Large-Dir 1.00
Director
$0 $0 $0
Jason Schmidt MD Secretary 1.00
Officer Director
$0 $0 $0
Megan Kressin MD Treasurer 1.00
Officer Director
$0 $0 $0
Victor Prieto MD PhD President 1.00
Officer Director
$0 $0 $0
Raul Benavides MD President-elect 1.00
Officer Director
$0 $0 $0
C Leilani Valdes MD Imm Past Pres 1.00
Officer Director
$0 $0 $0
Suntrea Hammer MD Vice President 1.00
Officer Director
$0 $0 $0
Justin Bishop MD At Large-Dir 1.00
Director
$0 $0 $0
Sadhna Dhingra At Large-Dir 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
2025 No data No data No data No data
2024 $309,527 $353,414 $494,035 $-43,887
2023 $291,547 $357,467 $276,445 $-65,920
2022 $274,850 $338,447 $381,502 $-63,597
2021 $209,224 $165,312 $401,732 $43,912
2020 $260,257 $275,745 $327,183 $-15,488
2019 $257,310 $234,404 $396,593 $22,906
2018 $295,479 $238,700 $433,468 $56,779
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