INTERNATIONAL FEDERATION OF CLINIC… - 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

2020

Legal Domicile

Principal Officer

JONATHAN COLE

Phone

4149189816

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL FEDERATION OF CLINICAL NEUROPHYSIOLOGY INC, founded in 2020, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $783K, a strong 60% operating margin.

Mission

IFCN'S MISSION IS TO PROMOTE BEST PRACTICE IN CLINICAL NEUROPHYSIOLOGY THROUGH EDUCATION AND RESEARCH THROUGHOUT THE WORLD.

Program Service Accomplishments

Program 1

Expenses: $179,285

SCHOLARSHIPS & AWARDS - RESEARCH & EDUCATIONAL FELLOWSHIPS ARE AWARDED TO ELIGIBLE APPLICANTS TO SUPPORT TRAINING IN CLINICAL NEUROPHYSIOLOGY OR RESEARCH TOPICS. THE MAXIMUM AWARD FOR EACH FELLOWSHIP...

Program 2

Expenses: $50,634 Revenue: $155,889

JOURNALS - CLINICAL NEUROPHYSIOLOGY IS THE OFFICIAL JOURNAL OF IFCN. IT IS DEDICATED TO PUBLISHING SCHOLOARLY REPORTS ON THE PATHOPHYSIOLOGY UNDERLYING DISEASES OF THE PERIPHERAL AND CENTRAL NERVOUS SYSTEMS OF HUMANS. CLINICAL NEUROPHYSIOLOGY PRACTICE FOCUSES ON CLINICAL RESEARCH, CASE REPORTS OR CLINICAL SERIES, NORMAL VALUES AND DIDACTIC REVIEWS. IT COMPLEMENTS CLINICAL NEUROPHYSIOLOGY WHICH FOCUSES ON INNOVATIVE RESEARCH IN THE SPECIALITY. IT HAS A ROLE IN SUPPORTING ESTABLISHED CLINICAL PRACTICE AND AN EDUCATIONAL ROLE FOR TRAINEES, TECHNICIANS, AND PRACTITIONERS.

Program 3

Expenses: $148,480 Revenue: $235,308

COMMITTEES, EDUCATION & INFORMATION - MASTERCLASS - MONTHLY ONLINE PRESENTATIONS, FROM THE TOP CLINICAL NEUROPHYSIOLOGISTS AROUND THE WORLD, REGARDING CONTEMPORARY CLINICAL EDUCATION TOPICS

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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 $391,197

Investment Income $284,136

Other Revenue $630,583

TOTAL REVENUE $1,305,916

Expense Breakdown

Grants Paid $133,901

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $378,399

Other Expenses $388,970

TOTAL EXPENSES $522,871

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,305,916	$1,137,895	+0.1%
Expenses	$522,871	$553,948	-0.1%
Net Income	$783,045	$583,947	+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

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

$45,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN COLE	PRESIDENT	2.00	Officer Director	$0	$0	$0
WALTER PAULUS	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
JORGE GUTIERREZ	SECRETARY	2.00	Officer Director	$0	$0	$0
AATIF HUSAIN	TREASURER	2.00	Officer Director	$0	$0	$0
NORTINA SHAHRIZAILA	DIRECTOR	1.00	Director	$0	$0	$0
HATICE TANKISI	DIRECTOR	1.00	Director	$0	$0	$0
PAULO KIMAID	DIRECTOR	1.00	Director	$0	$0	$0
PETER KAPLAN	DIRECTOR	1.00	Director	$0	$0	$0
YOSHIKAZU KAZ UGAWA	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT CHEN	DIRECTOR	1.00	Director	$40,000	$0	$40,000
MARGITTA SEECK	DIRECTOR	1.00	Director	$5,000	$0	$5,000

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	$1,305,916	$522,871	$10,268,568	$783,045
2023	$1,137,895	$553,948	$8,864,453	$583,947
2022	$2,462,913	$1,980,707	$7,764,878	$482,206
2021	$3,170,425	$477,639	$7,966,878	$2,692,786

INTERNATIONAL FEDERATION OF CLINICAL NEUROPHYSIOLOGY INC