FAMILY MEDICAL CENTER

EIN: 264405273 501(c)(3) Health Care

Summerdale, AL

Total Revenue
$186,111
Total Expenses
$187,272
Total Assets
$10,446
Net Assets
$10,446
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
AL
Phone
2512812966
Tax Period
2023-01-01 to 2023-12-31

FAMILY MEDICAL CENTER, founded in 2009, is a small nonprofit in the Health Care sector that reported $189K in total revenue in fiscal year 2021.

Mission

Provide quality comprehensive healthcare to a diverse population of uninsured underinsured families. Reduce medical costs of the working poor or underprivileged. Help relieve the healthcare burden on area emergency rooms and local and state government. Teach and encourage healthy choices.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,289
Program Service Revenue $182,822
Investment Income $0
Other Revenue $0
TOTAL REVENUE $186,111

Expense Breakdown

Grants Paid $0
Salaries & Benefits $145,486
Fundraising Expenses $0
Program Expenses $154,650
Other Expenses $41,786
TOTAL EXPENSES $187,272

Year-over-Year Comparison

2023 2022 Change
Revenue $186,111 $210,279 -0.1%
Expenses $187,272 $209,499 -0.1%
Net Income $-1,161 $780 -2.5%
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

Sign In

Governance

Voting Members
2
Independent Members
1
Employees
5
Volunteers
5

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
2
$28,800
Total Directors
1
$0
Key Employees
1
$28,800
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Edward Thomas Corcoran Board President 0.00
Officer Director
$0 $0 $0
Barbara Blumer Corcoran Board Vice President and Medical Director 45.00
Officer Key Emp
$28,800 $0 $28,800
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
2023 $186,111 $187,272 $10,446 $-1,161
2022 $210,279 $209,499 $11,607 $780
2021 $189,333 $193,480 $10,827 $-4,147
Explore More Nonprofits
→Top 100 Nonprofits in Alabama →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FAMILY MEDICAL CENTER with other nonprofits in Alabama and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.