CENTER FOR MEDICAL SIMULATION INC (EIN 043486127) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Principal Officer

ROXANE GARDNER MD

Phone

6177263034

Tax Period

2024-07-01 to 2024-09-30

CENTER FOR MEDICAL SIMULATION INC, founded in 1999, is a small nonprofit in the Health Care sector that reported $578K in total revenue in fiscal year 2024. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $690K exceeded revenue, resulting in a 19% operating deficit.

Mission

THE PRINCIPAL PURPOSE OF THE ORGANIZATION IS TO IMPROVE PATIENT SAFETY AND HEALTHCARE QUALITY BY USING SIMULATION FOR EDUCATION, TRAINING, AND RESEARCH.

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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 $0

Program Service Revenue $555,941

Investment Income $15,011

Other Revenue $7,503

TOTAL REVENUE $578,455

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $421,038

Other Expenses $689,707

TOTAL EXPENSES $689,707

Year-over-Year Comparison

	2024	2023	Change
Revenue	$578,455	$2,829,964	-0.8%
Expenses	$689,707	$2,719,324	-0.7%
Net Income	$-111,252	$110,640	-2.0%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ORIOL MD NANCY	DIRECTOR & VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SAVIGNOL ROBERT	DIRECTOR, PRESIDENT, & TREASURER	1.00	Officer Director	$0	$0	$0
LEIBOWITZ MD AKIVA	DIRECTOR; ANESTHESIOLOGIST	1.00	Director	$0	$0	$0
LEVY MD NADAV	DIRECTOR; ANESTHESIOLOGIST	1.00	Director	$0	$0	$0
PANNU MD AMEEKA	DIRECTOR	1.00	Director	$0	$0	$0
FERRAZZA DAWN	TREASURER	1.00	Officer	$0	$0	$0
GARDNER MD ROXANE	CLERK & EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$0
SHAEFI MD SHAHZAD	PRESIDENT; ANESTHESIOLOGIST	1.00	Officer	$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	$578,455	$689,707	$3,186,761	$-111,252
2024	$2,829,964	$2,719,324	$2,802,225	$110,640
2023	$3,037,683	$3,010,813	$2,717,142	$26,870
2022	$2,761,057	$2,781,139	$2,307,441	$-20,082
2021	$2,768,081	$2,698,543	$2,347,740	$69,538
2020	$3,024,542	$3,490,056	$2,418,501	$-465,514
2019	$3,468,565	$3,769,916	$2,508,778	$-301,351
2018	$3,281,818	$3,807,622	$2,882,863	$-525,804

CENTER FOR MEDICAL SIMULATION INC