ULTRASOUND SCHOOL OF NORTH AMERICAN RHEUMATOLOGISTS (EIN 854292512) - 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

2009

Legal Domicile

Principal Officer

SARAH CATALANOTTO

Phone

3864621551

Tax Period

2023-07-01 to 2024-06-30

ULTRASOUND SCHOOL OF NORTH AMERICAN RHEUMATOLOGISTS, founded in 2009, is a small nonprofit that reported $956K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $209K, a strong 22% operating margin.

Mission

USSONAR AIMS TO FOSTER THE TRAINING OF PHYSICIANS AND ALLIED HEALTH PROFESSIONALS IN ULTRASONOGRAPHY FOR THE DIAGNOSIS, MONITORING AND TREATMENT OF ARTHRITIS AND MUSCULOSKELETAL DISORDERS. ESTABLISHING STANDARDS OF COMPETENCY IN ULTRASOUND IMAGE ACQUISITION, INTERPRETATION AND REPORTING. PROMOTING RESEARCH IN THE FIELD OF MUSCULOSKELETAL ULTRASOUND.

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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 $954,546

Investment Income $1,608

Other Revenue $0

TOTAL REVENUE $956,154

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $743,882

Other Expenses $747,270

TOTAL EXPENSES $747,270

Year-over-Year Comparison

	2023	2022	Change
Revenue	$956,154	$720,737	+0.3%
Expenses	$747,270	$337,580	+1.2%
Net Income	$208,884	$383,157	-0.5%

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

N/A

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
KARINA TORRALBA	MEMBER	1.00	Director	$0	$0	$0
JANE NISHIO	MEMBER	1.00	Director	$0	$0	$0
MINNA KOHLER	MEMBER	1.00	Director	$0	$0	$0
JONATHAN SAMUELS	FINANCIAL	1.00	Director	$0	$0	$0
ANTHONY REGINAT0	TREASURER	1.00	Director	$0	$0	$0
SARAH CATALANOTTO	MEMBER	1.00	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
2025	No data	No data	No data	No data
2024	$956,154	$747,270	$621,805	$208,884
2023	$720,737	$337,580	$407,921	$383,157

ULTRASOUND SCHOOL OF NORTH AMERICAN RHEUMATOLOGISTS