CONNECTMED INTERNATIONAL

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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

2009

Legal Domicile

Principal Officer

RITA ALBERT

Phone

6198005869

Tax Period

2023-01-01 to 2023-12-31

CONNECTMED INTERNATIONAL, founded in 2009, is a small nonprofit in the Health Care sector that reported $326K in total revenue in fiscal year 2023. Revenue surged 83% from the prior year, signaling strong growth momentum. Expenses of $298K left a modest 8% surplus.

Mission

THE MISSION OF THIS ORGANIZATION IS TO PROMOTE SUSTAINABLE MULTIDISCIPLINARY HEALTH CARE AND EDUCATION TO PATIENTS AND HEALTH CARE PROVIDERS IN UNDERSERVED AREAS AROUND THE WORLD THROUGH A COMBINATION OF DIRECT MEDICAL CARE AND THE ESTABLISHMENT OF AN INTERACTIVE TELEMEDICINE NETWORK BETWEEN INTERNATIONAL SITES

Program Service Accomplishments

Program 1

Expenses: $229,640

PROMOTE SUSTAINABLE MULTIDISCIPLINARY HEALTH CARE AND EDUCATION TO PATIENTS AND HEALTH CARE PROVIDERS IN UNDERSERVED AREAS AROUND THE WORLD THROUGH A COMBINATION OF DIRECT MEDICAL CARE AND THE...

PROMOTE SUSTAINABLE MULTIDISCIPLINARY HEALTH CARE AND EDUCATION TO PATIENTS AND HEALTH CARE PROVIDERS IN UNDERSERVED AREAS AROUND THE WORLD THROUGH A COMBINATION OF DIRECT MEDICAL CARE AND THE ESTABLISHMENT OF AN INTERACTIVE TELEMEDICINE NETWORK BETWEEN INTERNATIONAL SITES

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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 (2023)

Revenue Breakdown

Contributions & Grants $155,779

Program Service Revenue $0

Investment Income $2,819

Other Revenue $166,940

TOTAL REVENUE $325,538

Expense Breakdown

Grants Paid $0

Salaries & Benefits $156,685

Fundraising Expenses $33,558

Program Expenses $229,640

Other Expenses $141,252

TOTAL EXPENSES $297,937

Year-over-Year Comparison

	2023	2022	Change
Revenue	$325,538	$178,370	+0.8%
Expenses	$297,937	$259,681	+0.1%
Net Income	$27,601	$-81,311	-1.3%

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

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

$82,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RITA ALBERT	Executive Dir.	29.00	Director	$82,800	$0	$82,800
AMANDA GOSMAN	President	20.00	Officer Director	$0	$0	$0
JOYCE MCINTYRE	Director	2.00	Director	$0	$0	$0
LUCIANO COMBINA	Director	2.00	Director	$0	$0	$0
ALICIA SIGLER	Vice President	2.00	Officer Director	$0	$0	$0
MATTHEW MOWER	Treasurer	2.00	Officer Director	$0	$0	$0
EDWARD REESE	Director	2.00	Director	$0	$0	$0
KARINA ICINKOFF	Secretary	2.00	Officer Director	$0	$0	$0
ROBERT WAGNER	Director	2.00	Director	$0	$0	$0
SUSAN CALLAHAN	BOARD AFFIARS	2.00	Director	$0	$0	$0
KERI ROBBINS	COMMUNICATIONS	2.00	Director	$0	$0	$0
BLAKE SHELBY	Director	2.00	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	No data	No data	No data	No data
2023	$325,538	$297,937	$233,414	$27,601
2022	$178,370	$259,681	$195,134	$-81,311
2021	$206,903	$199,764	$315,554	$7,139
2020	$189,048	$136,978	$278,314	$52,070
2019	$321,517	$395,598	$182,106	$-74,081
2018	$198,732	$244,102	$256,864	$-45,370