ARIZONA SOCIETY OF ANESTHESIOLOGIS… - 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

1960

Legal Domicile

Principal Officer

YINGZHONG TIAN MD

Phone

6024891564

Tax Period

2024-01-01 to 2024-12-31

ARIZONA SOCIETY OF ANESTHESIOLOGISTS, founded in 1960, is a small nonprofit that reported $308K in total revenue in fiscal year 2024. Expenses of $423K exceeded revenue, resulting in a 38% operating deficit.

Mission

TO RAISE THE QUALITY OF THE PRACTICE OF ANESTHESIOLOGY, TO IMPROVE PATIENT CARE AND SAFETY THROUGH EDUCATION, RESEARCH AND ADVOCACY, AND TO DISSEMINATE CURRENT INFORMATION ABOUT SCIENTIFIC PROGRESS IN ANESTHESIOLOGY.

Program Service Accomplishments

Program 1

IN 2024, THE ARIZONA SOCIETY OF ANESTHESIOLOGISTS AZSA CELEBRATED ITS 50TH ANNUAL MEETING ON JANUARY 19-20 AT THE GILA RIVER RESORTS ANDCASINOS--WILD HORSE PASS IN CHANDLER, ARIZONA. THE EVENT...

IN 2024, THE ARIZONA SOCIETY OF ANESTHESIOLOGISTS AZSA CELEBRATED ITS 50TH ANNUAL MEETING ON JANUARY 19-20 AT THE GILA RIVER RESORTS ANDCASINOS--WILD HORSE PASS IN CHANDLER, ARIZONA. THE EVENT FEATURED ESTEEMED GUEST FACULTY, INCLUDING DR. BRENDA A. GENTZ, ASSOCIATE PROFESSOR OF CLINICAL ANESTHESIOLOGY AT THE UNIVERSITY OF ARIZONA COLLEGE OF MEDICINE. THROUGHOUT THE YEAR, AZSA CONTINUED ITS COMMITMENT TO EDUCATIONAL EXCELLENCE BY PROVIDING A PLATFORM FOR THE EXCHANGE OF SCIENTIFIC AND CLINICAL KNOWLEDGE AMONG ANESTHESIOLOGISTS STATEWIDE. THE SOCIETY ALSO MAINTAINED ITS ACTIVE ROLE IN LEGISLATIVE ADVOCACY, WORKING TO PROTECT PATIENT SAFETY AND UPHOLD HIGH STANDARDS IN ANESTHESIOLOGY PRACTICE. ADDITIONALLY, AZSA COLLABORATED WITH THE ARIZONA MEDICAL ASSOCIATION TO SUCCESSFULLY REMOVE DANGEROUS SCOPE OF PRACTICE EXPANSION LANGUAGE FROM SB1334, THE APRN STATE COMPACT BILL, ENSURING THAT ANESTHESIA CARE REMAINS UNDER THE SUPERVISION OF QUALIFIED PHYSICIANS. THEY ALSO DECIDED TO PLAN REGIONAL MEETINGS INSTEAD OF 1 LARGE CONFERENCE TO GET TO MEMBERS IN OTHER AREAS OF ARIZONA.

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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 $245,923

Program Service Revenue $32,995

Investment Income $28,682

Other Revenue $0

TOTAL REVENUE $307,600

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $423,332

TOTAL EXPENSES $423,332

Year-over-Year Comparison

	2024	2023	Change
Revenue	$307,600	$302,095	+0.0%
Expenses	$423,332	$399,956	+0.1%
Net Income	$-115,732	$-97,861	+0.2%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY TZENG MD	PRESIDENT	005.00	Officer Director	$0	$0	$0
YINGZHONG TIAN MD	PRESIDENT ELECT	005.00	Officer Director	$0	$0	$0
JOHN MARVEL MD	VICE-PRESIDENT	005.00	Officer Director	$0	$0	$0
RAJ SINGHAL MD	TREASURER	005.00	Officer Director	$0	$0	$0
KATHY GLAS MD	SECRETARY	005.00	Officer Director	$0	$0	$0
STEVE LINDAUER MD	PAST PRESIDENT	005.00	Officer Director	$0	$0	$0
JAMES FLECK DO	DIRECTOR	005.00	Director	$0	$0	$0
MONICA HARBELL MD	DIRECTOR	005.00	Director	$0	$0	$0
KEVIN LUK MD	DIRECTOR	005.00	Director	$0	$0	$0
KELLY ARWARI MD	DIRECTOR	005.00	Director	$0	$0	$0
NILESH BHAKTA MD	DIRECTOR	005.00	Director	$0	$0	$0
WILLIAM KWASS MD	DIRECTOR	005.00	Director	$0	$0	$0
TONY RAMIREZ MD	DIRECTOR	005.00	Director	$0	$0	$0
ERIKA SCHOLTES MD	DIRECTOR	005.00	Director	$0	$0	$0
BEN SCHUMACHER MD	DIRECTOR	005.00	Director	$0	$0	$0
KASSIE MUELLER	EXECUTIVE DIRECTOR	015.00	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	$307,600	$423,332	$654,909	$-115,732
2023	$302,095	$399,956	$733,561	$-97,861
2022	$301,720	$285,038	$811,595	$16,682
2021	$236,029	$165,589	$787,035	$70,440
2020	$316,502	$268,286	$717,515	$48,216
2019	$294,272	$267,051	$661,496	$27,221
2018	$279,612	$269,929	$648,781	$9,683

ARIZONA SOCIETY OF ANESTHESIOLOGISTS