Psoriasis & Psoriatic Arthritis Clinics Multicente (EIN 821249186) - 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

Joseph F Merola MD MMSc

Tax Period

2023-01-01 to 2023-12-31

Psoriasis & Psoriatic Arthritis Clinics Multicente, founded in 2017, is a small nonprofit in the Diseases & Disorders sector that reported $722K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $440K, a strong 61% operating margin.

Mission

To optimize the clinical care of patients with psoriatic disease through multidisciplinary collaboration, education, and innovative research.

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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 $720,029

Program Service Revenue $0

Investment Income $2,271

Other Revenue $0

TOTAL REVENUE $722,300

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $253,262

Other Expenses $282,224

TOTAL EXPENSES $282,224

Year-over-Year Comparison

	2023	2022	Change
Revenue	$722,300	$525,563	+0.4%
Expenses	$282,224	$307,379	-0.1%
Net Income	$440,076	$218,184	+1.0%

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

$33,641

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Amanda Pacia	Association Manager	20.00	Officer	$33,641	$0	$33,641
Cheryl Rosen	Director At-Large	2.00	Director	$0	$0	$0
Vinod Chandron	Director At-Large	2.00	Director	$0	$0	$0
Alexis Ogdie-Beatty	Secretary	2.00	Officer Director	$0	$0	$0
Joseph F Merola	President	2.00	Officer Director	$0	$0	$0
Jose U Scher	Vice President	2.00	Officer Director	$0	$0	$0
Soumya M Reddy	Treasurer	2.00	Officer 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	$722,300	$282,224	$3,208,053	$440,076
2022	$525,563	$307,379	$2,767,977	$218,184
2021	$1,048,830	$73,466	$2,548,253	$975,364
2020	$616,031	$130,850	$1,572,890	$485,181
2019	$200,000	$305,569	$1,086,709	$-105,569
2018	$1,043,000	$102,258	$1,192,278	$940,742

Psoriasis & Psoriatic Arthritis Clinics Multicente