AMERICAN MEDICAL RESOURCES FOUNDATION (EIN 222939305) - 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

1988

Legal Domicile

Principal Officer

THOMAS MAGLIOCCHETTI

Phone

5089301804

Tax Period

2022-01-01 to 2022-12-31

AMERICAN MEDICAL RESOURCES FOUNDATION, founded in 1988, is a micro nonprofit that reported $33K in total revenue in fiscal year 2022. Revenue surged 229% from the prior year, signaling strong growth momentum. Expenses of $65K exceeded revenue, resulting in a 100% operating deficit.

Mission

PROCUREMENT/DONATION OF USED MEDICAL SUPPLIES/EQUIPMENT TO THIRD WORLD COUNTRIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $32,570

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $32,570

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,028

Fundraising Expenses $0

Program Expenses $56,117

Other Expenses $9,155

TOTAL EXPENSES $65,183

Year-over-Year Comparison

	2022	2021	Change
Revenue	$32,570	$9,888	+2.3%
Expenses	$65,183	$84,029	-0.2%
Net Income	$-32,613	$-74,141	-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

Governance

Voting Members

Independent Members

Employees

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

$51,155

Total Directors

$51,155

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARNEY KAY	CHAIRMAN EMERITUS	20.00	Officer Director	$0	$0	$0
MAGLIOCCHETTI THOMAS	CHAIRMAN	10.00	Officer Director	$0	$0	$0
SOLOGAISTOA VICTOR	PRESIDENT & CEO	40.00	Officer Director	$51,155	$0	$51,155
EDENS MYRA	DIRECTOR	1.00	Director	$0	$0	$0
CUNNINGHAM STEVE	DIRECTOR	1.00	Director	$0	$0	$0
RYBAC MD NATASHA	DIRECTOR	1.00	Director	$0	$0	$0
SOLOGAISTOA CAROL	DIRECTOR	1.00	Director	$0	$0	$0
WALSH MICHAEL	DIRECTOR	1.00	Director	$0	$0	$0
HOUGH MDPHD PATRICIA	MEDICAL DIRECTOR	1.00	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
2022	$32,570	$65,183	No data	$-32,613
2021	$9,888	$84,029	$32,613	$-74,141
2020	$93,768	$97,851	$106,754	$-4,083
2019	$144,187	$101,109	$110,837	$43,078
2018	$78,163	$119,257	$127,759	$-41,094

AMERICAN MEDICAL RESOURCES FOUNDATION