DURABLE MEDICAL EQUIPMENT INC

EIN: 043106404 501(c)(3)

AUBURN, MA

Total Revenue
$2,370,707
Total Expenses
$1,873,265
Total Assets
N/A
Net Assets
N/A
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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
1990
Legal Domicile
MA
Principal Officer
TAREK ELSAWY MD
Phone
8884104363
Tax Period
2018-01-01 to 2018-03-31

DURABLE MEDICAL EQUIPMENT INC, founded in 1990, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2018. Revenue fell 75% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $497K, a strong 21% operating margin.

Mission

STATEMENT 1

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,370,707
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,370,707

Expense Breakdown

Grants Paid $0
Salaries & Benefits $525,866
Fundraising Expenses $0
Program Expenses $1,792,443
Other Expenses $1,347,399
TOTAL EXPENSES $1,873,265

Year-over-Year Comparison

2018 2017 Change
Revenue $2,370,707 $9,433,831 -0.7%
Expenses $1,873,265 $8,204,311 -0.8%
Net Income $497,442 $1,229,520 -0.6%
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

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Governance

Voting Members
3
Independent Members
2
Employees
33
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
3
$729,147
Total Directors
3
$508,511
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN ANDREOLI DIRECTOR 1.00
Director
$0 $0 $4,000
TAREK ELSAWY MD DIRECTOR/PRESIDENT 1.00
Officer Director
$0 $21,010 $501,011
KEVIN O'SULLIVAN DIRECTOR 1.00
Director
$0 $0 $3,500
SEEMA NARAVANE MD CLERK 1.00
Officer
$0 $17,179 $74,747
BRUCE PLUMMER TREASURER 1.00
Officer
$0 $22,439 $153,389
LEON JOSEPHS MD FORMER PRESIDENT 0.00
$0 $21,518 $175,041
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
2018 $2,370,707 $1,873,265 No data $497,442
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