CONNECTICUT ASSOCIATION OF AMBULATORY SURGERY CENTERS INC (EIN 841640904) - 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

2005

Legal Domicile

Principal Officer

RICH SEARLES

Phone

8606146102

Tax Period

2024-01-01 to 2024-12-31

CONNECTICUT ASSOCIATION OF AMBULATORY SURGERY CENTERS INC, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $250K in total revenue in fiscal year 2024.

Mission

TO ADVOCATE AND PROMOTE THE DEVELOPMENT AND OPERATION OF AMBULATORY SURGERY CENTERS THROUGH ENACTMENT OF APPROPRIATE LEGISLATION AND REGULATION, AND TO FOSTER HIGH STANDARDS OF PATIENT CARE AND PROFESSIONAL CONDUCT AT AMBULATORY SURGERY CENTERS.

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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 $0

Program Service Revenue $249,950

Investment Income $0

Other Revenue $0

TOTAL REVENUE $249,950

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $242,642

TOTAL EXPENSES $256,142

Year-over-Year Comparison

	2024	2023	Change
Revenue	$249,950	$252,347	0.0%
Expenses	$256,142	$262,288	0.0%
Net Income	$-6,192	$-9,941	-0.4%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMANDA GUNTHEL	PRESIDENT	3.00	Officer Director	$0	$0	$0
RICH SEARLES	TREASURER	1.00	Officer Director	$0	$0	$0
DAVE SHIPLEY	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
BILL WOLMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
LISA A WINKLER	MANAGEMENT SERVICES, EXEC	15.00	Officer	$0	$0	$0
TRICIA DINNEEN PRIEBE	MANAGEMENT SERVICES	10.00	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	$249,950	$256,142	$435,483	$-6,192
2023	$252,347	$262,288	$441,675	$-9,941
2022	$297,101	$235,293	$451,616	$61,808
2021	$204,000	$276,062	$389,808	$-72,062
2020	$250,000	$240,895	$461,870	$9,105
2019	$235,860	$312,827	$452,765	$-76,967
2018	$440,430	$279,378	$529,732	$161,052

CONNECTICUT ASSOCIATION OF AMBULATORY SURGERY CENTERS INC