American Institute for Medical and Biological Engineering Inc

EIN: 237089693 501(c)(3) Diseases & Disorders

Washington, DC

Total Revenue
$1,221,640
Total Expenses
$921,693
Total Assets
$5,109,983
Net Assets
$4,247,697
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
DC
Principal Officer
Dawn Beraud
Phone
2024969660
Tax Period
2024-01-01 to 2024-12-31

American Institute for Medical and Biological Engineering Inc, founded in 1991, is a community nonprofit in the Diseases & Disorders sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $300K, a strong 25% operating margin.

Mission

Unify the bioengineering community, address public policy and concerns and promote the engineering approach to enhance peoples health and quality of life.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $857,652
Program Service Revenue $87,751
Investment Income $276,237
Other Revenue $0
TOTAL REVENUE $1,221,640

Expense Breakdown

Grants Paid $0
Salaries & Benefits $567,540
Fundraising Expenses $35,620
Program Expenses $686,599
Other Expenses $354,153
TOTAL EXPENSES $921,693

Year-over-Year Comparison

2024 2023 Change
Revenue $1,221,640 $1,075,218 +0.1%
Expenses $921,693 $1,029,384 -0.1%
Net Income $299,947 $45,834 +5.5%
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

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Governance

Voting Members
10
Independent Members
10
Employees
3
Volunteers
370

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
$264,802
Total Directors
10
$0
Key Employees
1
$264,802
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lola Eniola-Adefeso President 1.00
Officer Director
$0 $0 $0
Rebecca Kuntz Willits Secretary-Treasurer 1.00
Officer Director
$0 $0 $0
Jessica Zhang Chair, College of Fellows 1.00
Director
$0 $0 $0
Elizabeth Cosgriff-Hernandez Director 1.00
Director
$0 $0 $0
Song Li Director 1.00
Director
$0 $0 $0
Raj Rao Chair, Academic Council 1.00
Director
$0 $0 $0
SuPing Lyu Chair, Industry Council 1.00
Director
$0 $0 $0
Naomi Chesler Chair, Council of Societies 1.00
Director
$0 $0 $0
Dawn Beraud Executive Director 40.00
Officer Key Emp Highest
$264,802 $0 $264,802
Jennifer Amos Direcor 1.00
Director
$0 $0 $0
Shelly Payton 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
2024 $1,221,640 $921,693 $5,109,983 $299,947
2023 $1,075,218 $1,029,384 $4,545,350 $45,834
2022 $1,034,677 $788,412 $4,010,038 $246,265
2021 $963,729 $700,485 $4,121,997 $263,244
2020 $817,861 $749,856 $3,364,828 $68,005
2019 $1,066,624 $930,609 $3,043,507 $136,015
2018 $1,263,348 $970,761 $2,370,581 $292,587
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