ALLIANCE OF INDEPENDENT ACADEMIC M… - 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

1989

Legal Domicile

Principal Officer

KIMBERLY PIERCE BURKE

Phone

3304978332

Tax Period

2025-01-01 to 2025-12-31

ALLIANCE OF INDEPENDENT ACADEMIC MEDICAL, founded in 1989, is a small nonprofit in the Medical Research sector that reported $460K in total revenue in fiscal year 2025. Expenses of $530K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE ORGANIZATION IS A NATIONAL NETWORK OF LARGE ACADEMIC MEDICAL CENTERS AND HEALTH SYSTEMS COMMITTED TO QUALITY PATIENT CARE, MEDICAL EDUCATION AND RESEARCH.

Program Service Accomplishments

Program 1

Expenses: $522,088

SHARING EXPERTISE AND RESOURCES TO PROMOTE INNOVATION IN MEDICAL EDUCATION AND RESEARCH AND PROVIDING A FORUM TO ADDRESS ISSUES OF INTEREST AND CONCERN TO THE ACADEMIC LEADERSHIP IN MEMBER...

SHARING EXPERTISE AND RESOURCES TO PROMOTE INNOVATION IN MEDICAL EDUCATION AND RESEARCH AND PROVIDING A FORUM TO ADDRESS ISSUES OF INTEREST AND CONCERN TO THE ACADEMIC LEADERSHIP IN MEMBER INSTITUTIONS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $271,035

Program Service Revenue $188,529

Investment Income $734

Other Revenue $0

TOTAL REVENUE $460,298

Expense Breakdown

Grants Paid $0

Salaries & Benefits $328,920

Fundraising Expenses $0

Program Expenses $522,088

Other Expenses $200,586

TOTAL EXPENSES $529,506

Year-over-Year Comparison

	2025	2024	Change
Revenue	$460,298	$433,311	+0.1%
Expenses	$529,506	$467,249	+0.1%
Net Income	$-69,208	$-33,938	+1.0%

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

$294,333

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLY PIERCE BURKE	EXECUTIVE DIRECTOR	40.00	Director	$256,606	$0	$256,606
VICTOR KOLADE	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
MINDI APICELLA	ADMINISTRATIVE COORDINATOR	24.00	Director	$37,727	$0	$37,727
RYAN PONG MD	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JOSEPH PORTOGHESE MD	PRESIDENT	5.00	Officer Director	$0	$0	$0
JACK ZIFFER PHD	BOARD MEMBER	5.00	Director	$0	$0	$0
DIANA SINGER PHD	BOARD MEMBER	5.00	Director	$0	$0	$0
HEATHER SANKEY MD	BOARD MEMBER	5.00	Officer Director	$0	$0	$0
KATHY ZOPPI PHD	BOARD MEMBER	5.00	Director	$0	$0	$0
JAMES ORLANDO EDB	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
REHAM SHAABAN	DIRECTOR	5.00	Officer Director	$0	$0	$0
STEVEN SVOBODA MBA	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
GILLIAN ABSHIRE RN MS	DIRECTOR	5.00	Officer Director	$0	$0	$0
RAJIV GALA MD	BOARD MEMBER	5.00	Director	$0	$0	$0
THERESA AZEVEDO-ROUSSO	BOARD MEMBER	5.00	Director	$0	$0	$0
LIZ ZMUDA	BOARD MEMBER	5.00	Director	$0	$0	$0
GREG YOUNG	BOARD MEMBER	5.00	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	$460,298	$529,506	$137,832	$-69,208
2024	$433,311	$467,249	$197,807	$-33,938
2023	$455,201	$541,398	$231,745	$-86,197
2022	$471,111	$549,451	$317,942	$-78,340
2021	$503,823	$415,674	$396,282	$88,149
2020	$315,323	$398,606	$310,357	$-83,283
2019	$537,149	$630,783	$392,751	$-93,634
2018	$493,984	$645,076	$486,525	$-151,092

ALLIANCE OF INDEPENDENT ACADEMIC MEDICAL