ENHANCED RECOVERY AFTER CARDIAC SU… - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

DANIEL ENGELMAN MD

Phone

4135314025

Tax Period

2023-01-01 to 2023-12-31

ENHANCED RECOVERY AFTER CARDIAC SURGERY SOCIETY, founded in 2017, is a small nonprofit in the Health Care sector that reported $645K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $563K left a modest 13% surplus.

Mission

THE ERAS CARDIAC SURGERY MISSION IS TO OPTIMIZE PERIOPERATIVE CARE OF CARDIAC SURGICAL PATIENTS THROUGH COLLABORATIVE DISCOVERY, ANALYSIS, EXPERT CONSENSUS, AND DISSEMINATION OF BEST PRACTICES.

Program Service Accomplishments

Program 1

OPTIMIZATION OF PERIOPERATIVE CARE OF CARDIAC SURGICAL PATIENTS THROUGH COLLABORATIVE DISCOVERY, ANALYSIS, EXPERT CONSENSUS, AND DISSEMINATION OF BEST PRACTICES BY STUDIES, HOSTING SYMPOSIUMS...

OPTIMIZATION OF PERIOPERATIVE CARE OF CARDIAC SURGICAL PATIENTS THROUGH COLLABORATIVE DISCOVERY, ANALYSIS, EXPERT CONSENSUS, AND DISSEMINATION OF BEST PRACTICES BY STUDIES, HOSTING SYMPOSIUMS, PRESENTATIONS, PREPARATION OF ARTICLES AND MAINTENANCE OF A WEB SITE.

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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 $0

Program Service Revenue $634,678

Investment Income $9,938

Other Revenue $0

TOTAL REVENUE $644,616

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $563,264

TOTAL EXPENSES $563,264

Year-over-Year Comparison

	2023	2022	Change
Revenue	$644,616	$572,264	+0.1%
Expenses	$563,264	$606,751	-0.1%
Net Income	$81,352	$-34,487	-3.4%

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
DANIEL ENGELMAN MD	PRESIDENT	3.00	Officer Director	$0	$0	$0
KEVIN LOBDELL MD	TREASURER	3.00	Officer Director	$0	$0	$0
ALEXANDER GREGORY MD FRCPC	SECRETARY	3.00	Officer Director	$0	$0	$0
MICHAEL GRANT MD	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
CHERYL CRISAFI MSNRNCNL	DIRECTOR	3.00	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	$644,616	$563,264	$889,652	$81,352
2022	$572,264	$606,751	$679,681	$-34,487
2021	$637,246	$583,561	$756,270	$53,685
2020	$496,969	$145,821	$840,343	$351,148
2019	$249,227	$232,443	$442,675	$16,784

ENHANCED RECOVERY AFTER CARDIAC SURGERY SOCIETY