SAN JOAQUIN COUNTY MEDICAL SOCIETY… - 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

1909

Legal Domicile

Phone

2099525299

Tax Period

2023-07-01 to 2024-06-30

SAN JOAQUIN COUNTY MEDICAL SOCIETY INC, founded in 1909, is a small nonprofit that reported $410K in total revenue in fiscal year 2023. Expenses of $385K left a modest 6% surplus.

Mission

TO PROMOTE AND DEVELOP THE SCIENCE OF MEDICINE

Program Service Accomplishments

Program 1

TO PROMOTE AND DEVELOP THE SCIENCE OF MEDICINE, TO CONSERVE AND PROTECT THE PUBLIC HEALTH, TO PROMOTE THE BETTERMENT OF THE MEDICAL PROFESSION TO UNITE WITH SIMILAR SOCIETIES OF THEIR COUNTIES TO...

TO PROMOTE AND DEVELOP THE SCIENCE OF MEDICINE, TO CONSERVE AND PROTECT THE PUBLIC HEALTH, TO PROMOTE THE BETTERMENT OF THE MEDICAL PROFESSION TO UNITE WITH SIMILAR SOCIETIES OF THEIR COUNTIES TO FORM THE CALIFORNIA MEDICAL ASSOCIATION. DURING THE PAST YEAR THE SOCIETY PROMOTED DECISION MEDICINE. DECISION MEDICINE PROMOTES THE COMMUNITY TO MEDICINE AND THE MANY FACETS OF A CAREER AS A PHYSICIAN. IN ADDITION, THE SOCIETY SUPPORTS THE SCHOLARSHIP FOUNDATION FOR STUDENTS INTERESTED IN CAREER IN MEDICINE

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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 $260,597

Program Service Revenue $44,687

Investment Income $13,880

Other Revenue $90,703

TOTAL REVENUE $409,867

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,542

Fundraising Expenses $0

Other Expenses $211,387

TOTAL EXPENSES $384,929

Year-over-Year Comparison

	2023	2022	Change
Revenue	$409,867	$394,770	+0.0%
Expenses	$384,929	$399,653	0.0%
Net Income	$24,938	$-4,883	-6.1%

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
SUJEETH PUNNAM	Director	2.00	Director	$0	$0	$0
SANJEEV GOSWAMI MD	Director	2.00	Director	$0	$0	$0
CYRUS BUHARI	President	2.00	Director	$0	$0	$0
ALAIN FLORES MD	Director	2.00	Director	$0	$0	$0
KINNARI PARIKH MD	Director	2.00	Director	$0	$0	$0
STEPHEN TSANG MD	Director	2.00	Director	$0	$0	$0
RAGHUNATH REDDY	Past Preident	2.00	Director	$0	$0	$0
MANREE BASRA MD	Director	2.00	Director	$0	$0	$0
INDERPREET DHILLON MD	Director	2.00	Director	$0	$0	$0
MAGGIE PARK	Director	2.00	Director	$0	$0	$0
NGUYEN VO MD	President-Elect	2.00	Director	$0	$0	$0
BHAGYA NAKKA MD	Director	2.00	Director	$0	$0	$0
NEELESH BANGALORE MD	Sect'y Treasure	2.00	Director	$0	$0	$0
ELIZABETH A RICHMOND	EXEC. DIRECTOR	40.00	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	$409,867	$384,929	$1,015,579	$24,938
2023	$394,770	$399,653	$949,250	$-4,883
2022	$418,787	$341,553	$934,698	$77,234
2021	$365,992	$360,163	$956,830	$5,829
2020	$391,137	$379,307	$859,778	$11,830
2019	$394,536	$363,849	$855,455	$30,687

SAN JOAQUIN COUNTY MEDICAL SOCIETY INC