American Society of Ketamine Physicians (EIN 820837677) - 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

2017

Legal Domicile

Principal Officer

Sandhya Prashad

Tax Period

2024-01-01 to 2024-12-31

American Society of Ketamine Physicians, founded in 2017, is a small nonprofit in the Health Care sector that reported $366K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $409K exceeded revenue, resulting in a 12% operating deficit.

Mission

To further awareness and education regarding safe, effective and ethical therapeutic use of ketamine.

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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 $185,125

Program Service Revenue $172,601

Investment Income $3,104

Other Revenue $5,000

TOTAL REVENUE $365,830

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $408,875

Other Expenses $408,875

TOTAL EXPENSES $408,875

Year-over-Year Comparison

	2024	2023	Change
Revenue	$365,830	$584,079	-0.4%
Expenses	$408,875	$475,595	-0.1%
Net Income	$-43,045	$108,484	-1.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Melanie Dixon	Executive Director	Director	$0	$0	$0
Erin Amato	Vice President	Director	$0	$0	$0
Sandhya Prashad	President	Officer	$0	$0	$0
Patrick Sullivan	Secretary	Officer	$0	$0	$0
Jeffrey Becker	Treasurer	Officer	$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	$365,830	$408,875	$511,445	$-43,045
2023	$584,079	$475,595	$291,427	$108,484
2022	$525,288	$480,936	$190,659	$44,352

American Society of Ketamine Physicians