THE GLOBAL CENTER FOR MEDICAL INNOV

EIN: 264723391 501(c)(3) Health Care

ATLANTA, GA

Total Revenue
$2,863,442
Total Expenses
$1,633,207
Total Assets
$154,607
Net Assets
$-243,978
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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
2008
Legal Domicile
GA
Principal Officer
SHANNON MCGHEE
Phone
4048948566
Tax Period
2024-07-01 to 2025-06-30

THE GLOBAL CENTER FOR MEDICAL INNOV, founded in 2008, is a community nonprofit in the Health Care sector that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 86% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 43% operating margin.

Mission

TO FACILITATE, PROMOTE, STRUCTURE, AND COORDINATE COLLABORATIVE SCIENTIFIC RESEACH AND DEVELOPMENT OF INTELLECTUAL PROPERTY FOCUSING ON PUBLIC HEALTH NEEDS.

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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 $2,827,946
Program Service Revenue $466,725
Investment Income $-431,229
Other Revenue $0
TOTAL REVENUE $2,863,442

Expense Breakdown

Grants Paid $0
Salaries & Benefits $535,421
Fundraising Expenses $0
Program Expenses $1,366,371
Other Expenses $1,097,786
TOTAL EXPENSES $1,633,207

Year-over-Year Comparison

2024 2023 Change
Revenue $2,863,442 $1,540,530 +0.9%
Expenses $1,633,207 $3,070,492 -0.5%
Net Income $1,230,235 $-1,529,962 -1.8%
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
2
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
5
$968,288
Total Directors
10
$1,635,465
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAOUKI ABDALLAH DIRECTOR 1.00
Director
$0 $70,368 $471,736
ANDRES J GARCIA DIRECTOR 1.00
Director
$0 $59,055 $439,492
TIMOTHY LIEUWEN DIRECTOR 1.00
Director
$0 $66,752 $430,347
ALYSSA PANITCH DIRECTOR 1.00
Director
$0 $47,528 $293,890
ROBERT FOY TREASURER 5.00
Officer
$0 $68,625 $285,524
SAYLAN LUKAS INTERIM CEO 0.00
Officer
$0 $49,325 $247,956
ROGER MASON ASST. TREASU 0.00
$0 $45,735 $196,363
CYNTHIA MARTIN ASST. TREASU 12.00
Officer
$0 $49,025 $192,749
TANESHA STEWARD SECRETARY 1.00
Officer
$0 $50,218 $181,935
SHANNON MCGHEE EXECUTIVE DI 1.00
Officer
$0 $13,195 $60,124
ASHLEY CORNELISON DIRECTOR 1.00
Director
$0 $0 $0
BOB CRUTCHFIELD DIRECTOR 1.00
Director
$0 $0 $0
DAVID HARTNETT DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH A KRUPINSK DIRECTOR 1.00
Director
$0 $0 $0
WILBUR A LAM DIRECTOR 1.00
Director
$0 $0 $0
RUSS MEDFORD CHAIRMAN 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
2025 $2,863,442 $1,633,207 $154,607 $1,230,235
2024 $1,540,530 $3,070,492 $2,436,978 $-1,529,962
2023 $1,583,156 $2,487,227 $8,428,847 $-904,071
2022 $1,180,673 $2,329,708 $7,234,543 $-1,149,035
2021 $1,922,627 $3,338,064 $9,460,336 $-1,415,437
2020 $10,007,289 $6,640,742 $15,159,615 $3,366,547
2019 $1,837,756 $2,359,244 $9,700,068 $-521,488
2018 $1,414,894 $1,808,245 $9,425,830 $-393,351
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