IU MEDICAL GROUP FOUNDATION INC (EIN 201093251) - 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

2004

Legal Domicile

Principal Officer

JAMIE B DIMOND

Phone

3172783500

Tax Period

2024-07-01 to 2025-06-30

IU MEDICAL GROUP FOUNDATION INC, founded in 2004, is a major nonprofit in the Education sector that reported $103.9M in total revenue in fiscal year 2024. Revenue surged 837% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22.7M, a strong 22% operating margin.

Mission

TO ACQUIRE, MANAGE AND DISTRIBUTE FUNDS FOR THE BENEFIT OF THE INDIANA UNIVERSITY SCHOOL OF MEDICINE AND INDIANA UNIVERSITY HEALTH CARE ASSOCIATES, INC.

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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 $70,590,016

Program Service Revenue $3,090,537

Investment Income $30,220,702

Other Revenue $0

TOTAL REVENUE $103,901,255

Expense Breakdown

Grants Paid $80,603,085

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $80,603,085

Other Expenses $592,990

TOTAL EXPENSES $81,196,075

Year-over-Year Comparison

	2024	2023	Change
Revenue	$103,901,255	$11,084,015	+8.4%
Expenses	$81,196,075	$11,790,843	+5.9%
Net Income	$22,705,180	$-706,828	-33.1%

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

N/A

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

$3,610,723

Total Directors

$7,550,689

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAY HESS	BOARD CHAIRMAN	1.00	Officer Director	$0	$390,445	$1,505,484
DAVID INGRAM	DIRECTOR	0.25	Director	$0	$262,714	$1,835,245
KEVIN B GEBKE	SECRETARY	0.25	Officer Director	$0	$186,801	$1,191,452
MICHAEL FELDMAN	TREASURER	0.25	Officer Director	$0	$84,052	$913,787
WADE D CLAPP	DIRECTOR	0.25	Director	$0	$79,893	$782,284
FLORA HAMMOND	DIRECTOR	0.25	Director	$0	$74,580	$567,330
PETER PANG	DIRECTOR	0.25	Director	$0	$94,814	$755,107

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	$103,901,255	$81,196,075	$408,013,450	$22,705,180
2024	$11,084,015	$11,790,843	$370,763,990	$-706,828
2023	$90,820,472	$26,717,815	$340,333,025	$64,102,657
2022	$45,380,536	$38,061,402	$256,189,183	$7,319,134
2021	$56,682,110	$30,760,270	$289,144,740	$25,921,840
2020	$48,270,921	$34,399,549	$231,188,668	$13,871,372
2019	$18,132,241	$19,725,678	$230,633,461	$-1,593,437
2019	$22,913,233	$19,725,678	$230,633,461	$3,187,555

IU MEDICAL GROUP FOUNDATION INC