ACADEMIC MEDICINE SERVICES INC (EIN 161455134) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

LEONARD EGEDE MD

Phone

7169619424

Tax Period

2023-01-01 to 2023-12-31

ACADEMIC MEDICINE SERVICES INC, founded in 1994, is a mid-sized nonprofit in the Health Care sector that reported $46.5M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $43.6M left a modest 6% surplus.

Mission

ACADEMIC MEDICINE SERVICES, INC. (AMS) EXISTS TO FURTHER THE EDUCATIONAL AND RESEARCH MISSION OF THE DEPARTMENT OF MEDICINE AND JACOBS SCHOOL OF MEDICINE AT THE STATE UNIVERSITY OF NEW YORK AT BUFFALO.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $45,969,387

Investment Income $39,085

Other Revenue $520,409

TOTAL REVENUE $46,528,881

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,049,137

Fundraising Expenses $0

Program Expenses $37,460,410

Other Expenses $6,549,041

TOTAL EXPENSES $43,598,178

Year-over-Year Comparison

	2023	2022	Change
Revenue	$46,528,881	$42,227,870	+0.1%
Expenses	$43,598,178	$40,049,229	+0.1%
Net Income	$2,930,703	$2,178,641	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

316

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

$1,206,972

Total Directors

$1,950,980

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN MURRAY	PRESIDENT	40.00	Officer Director	$166,389	$1,265	$167,654
ERIC TEN BROCK MD	VICE PRESIDENT	40.00	Officer Director	$204,768	$3,876	$208,644
HEIDI BEINTREXLER MD	TREASURER	40.00	Officer Director	$188,433	$19,981	$208,414
MICHAEL ARONICA MD	DIRECTOR	40.00	Director	$125,225	$3,716	$128,941
REGINA MAKDISSI MD	DIRECTOR	40.00	Director	$289,480	$6,941	$296,421
ALBERTO MONEGRO MD	SECRETARY	40.00	Officer Director	$280,708	$17,930	$298,638
MAYADA ISMAIL	DIRECTOR	40.00	Director	$398,745	$15,700	$414,445
VAQAR SHAH	DIRECTOR	40.00	Director	$211,690	$16,133	$227,823
SANJAY CHADHA	CHIEF OPERATING OFFICER	37.50	Officer	$302,679	$20,943	$323,622
VIJAY IYER MD	PHYSICIAN	40.00	Highest	$1,078,407	$4,661	$1,083,068
RAMON RIVERA MD	PHYSICIAN	40.00	Highest	$577,752	$9,900	$587,652
ZHEN WANG MD	PHYSICIAN	40.00	Highest	$655,099	$12,382	$667,481
MATTHEW HUDSON MD	PHYSICIAN	40.00	Highest	$540,024	$10,101	$550,125
DAVID ZLOTNICK MD	PHYSICIAN	40.00	Highest	$875,330	$9,900	$885,230

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	No data	No data	No data	No data
2023	$46,528,881	$43,598,178	$16,459,355	$2,930,703
2022	$42,227,870	$40,049,229	$13,999,561	$2,178,641
2021	$46,145,494	$38,941,243	$13,449,740	$7,204,251
2020	$39,503,854	$38,473,671	$15,110,289	$1,030,183
2019	$39,804,385	$41,567,664	$6,894,227	$-1,763,279
2018	$39,159,685	$40,914,089	$8,114,207	$-1,754,404

ACADEMIC MEDICINE SERVICES INC