SOUTHEASTERN MEDICAL DEVICE ASSOC INC (EIN 201556655) - 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

Chris Lyons

Phone

7705958541

Tax Period

2019-01-01 to 2019-12-31

SOUTHEASTERN MEDICAL DEVICE ASSOC INC, founded in 2004, is a small nonprofit that reported $359K in total revenue in fiscal year 2019. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $319K left a modest 11% surplus.

Mission

To support and promote medical device companies in the Southeast by providing resources and networking opportunities for medical device companies, inventors, physciatians and investors.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $359,275

Investment Income $0

Other Revenue $0

TOTAL REVENUE $359,275

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $187,949

Other Expenses $318,537

TOTAL EXPENSES $318,537

Year-over-Year Comparison

	2019	2018	Change
Revenue	$359,275	$314,686	+0.1%
Expenses	$318,537	$310,221	+0.0%
Net Income	$40,738	$4,465	+8.1%

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

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

$75,682

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jason Rupp	Executive Director	040.00	Director	$75,682	$0	$75,682
Chris Lyons	Director/Exec Comm	N/A	Officer Director	$0	$0	$0
David Huizenga	Past President	001.00	Officer Director	$0	$0	$0
Charlie Harrison	Secretary/Treasurer	001.00	Officer Director	$0	$0	$0
Lee Burnes	Director	N/A	Director	$0	$0	$0
Ibraheem Badejo	Director/Exec Comm	N/A	Director	$0	$0	$0
Tom Callaway	Director	N/A	Director	$0	$0	$0
Robert Crutchfield	Director/Membership Chair	N/A	Director	$0	$0	$0
Machelle Shields	President	001.00	Officer Director	$0	$0	$0
Paul Gianneschi	Director	N/A	Director	$0	$0	$0
David Hartnett	Director	N/A	Director	$0	$0	$0
Todd Creech	Director	N/A	Director	$0	$0	$0
Russell Allen	Director	N/A	Director	$0	$0	$0
Robert Natowitz	Director	N/A	Director	$0	$0	$0
Dominiquie Petitgenet	Director	N/A	Director	$0	$0	$0
Jayne Morgan	Director	N/A	Director	$0	$0	$0
Scott Petty	Director	N/A	Director	$0	$0	$0
Grace Powers	Director	N/A	Director	$0	$0	$0
Sam Konduros	Director	N/A	Director	$0	$0	$0
Svetlana Schrom	Director	N/A	Director	$0	$0	$0
Ashley Hancock	Director	N/A	Director	$0	$0	$0
Kristen Woodrum	Director	N/A	Director	$0	$0	$0
Jay Yadav	Ex Officio	N/A	Director	$0	$0	$0
Joe Lee	Director	N/A	Director	$0	$0	$0
Kip Roberts	Director	N/A	Director	$0	$0	$0
Maria Thacker	Director	N/A	Director	$0	$0	$0
Christine Thiesing	Director	N/A	Director	$0	$0	$0
Abby Trotter	Director	N/A	Director	$0	$0	$0
Dave White	Director	N/A	Director	$0	$0	$0
Stacey Kelpke	Director	N/A	Director	$0	$0	$0
Fred Kornahrens	Director	N/A	Director	$0	$0	$0
Chris White	Director	N/A	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
2019	$359,275	$318,537	$4,097	$40,738
2018	$314,686	$310,221	$22,661	$4,465

SOUTHEASTERN MEDICAL DEVICE ASSOC INC