New York Society of Addiction Medicine Inc

Nonprofit profile at a glance

EIN
113352634
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023, Form 990-N 2015
Location
Westbury, NY, USA
Phone
5164886100
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alcohol, Drug and Substance Abuse, Dependency Prevention and Treatment

Reported finances

Revenue
$65,222
Expenses
$66,450
Assets
$104,699
Liabilities
$7,500

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • KELLY RAMSEY MD MPH MA (Past President)
  • AARON FOX MD (President)

People named in this filing

  • KELLY RAMSEY MD MPH MA (Past President)
  • KRISTINE TORRES-LOCKHART MD (Secretary)
  • ROSS SULLIVAN MD (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to be the physician-led professional community for thosewho prevent, treat, and promote remission and recovery from the diseaseof substance use disorder, and to provide resources for continuinginnovation, advancement, and implementation of substance use disorderscience and care. We envision a future when substance use disorderprevention, treatment, remission and recovery are accessible to all, andprofoundly improve the health of all people.

What it reported doing in 2023

2023 annual conference - intersection of science, treatment andpolicy conference.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 44
  • Transparency & Controls: 82
  • Sustainability: 46
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 44%; rating input score 44
  • Program expense ratio: 43.2%; rating input score 43

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -1.9%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 1.58; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -11.2% per year; rating input score 0; 26th percentile among comparable filings
  • Revenue growth: 12.5% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 6.2% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 44% of revenue deployed · 43.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $29K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 43/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.