SHOULDER 360 INC

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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

2021

Legal Domicile

Principal Officer

RAFFY MIRZAYAN

Phone

3109096977

Tax Period

2024-01-01 to 2024-12-31

SHOULDER 360 INC, founded in 2021, is a community nonprofit in the Health Care sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 25% operating deficit.

Mission

THE PURPOSE OF THIS SOCIETY SHALL BE TO PROMOTE, ENCOURAGE, FOSTER AND ADVANCE THE ART AND SCIENCE OF ORTHOPAEDIC MEDICINE, WITH A FOCUS ON SHOULDER SURGERY AND MATTERS RELATED THERETO; TO ESTABLISH A FORUM FOR FREE DISCUSSION AND TEACHING OF ORTHOPAEDIC METHODS AND PRINCIPLES AMONG THE MEMBERS; TO ADVANCE PATIENT CARE AND RESEARCH AFFECTING THE PRACTICE OF ORTHOPAEDIC SURGERY IN THE UNITED STATES OF AMERICA; AND TO INFORM THE PUBLIC AS TO THE NATURE OF ORTHOPAEDIC MEDICINE IN THE TOTAL HEALTH CARE SYSTEM

Program Service Accomplishments

Program 1

Expenses: $1,473,533 Revenue: $1,172,528

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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 $1,172,528

Program Service Revenue $0

Investment Income $11,397

Other Revenue $0

TOTAL REVENUE $1,183,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,473,533

Other Expenses $1,480,283

TOTAL EXPENSES $1,480,283

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,183,925	$1,626,764	-0.3%
Expenses	$1,480,283	$1,494,534	0.0%
Net Income	$-296,358	$132,230	-3.2%

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

N/A

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
JOSEPH ABBOUD	PRESIDENT	12.00	Officer Director	$0	$0	$0
PAUL SETHI	SECRETARY	12.00	Officer Director	$0	$0	$0
RAFFY MIRZAYAN	TREASURER	12.00	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	$1,183,925	$1,480,283	$246,727	$-296,358
2023	$1,626,764	$1,494,534	$500,468	$132,230
2022	$1,212,090	$843,852	$379,865	$368,238