BIOMED SA

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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

2002

Legal Domicile

Principal Officer

HEATHER HANSON

Phone

2104681848

Tax Period

2023-01-01 to 2023-12-31

BIOMED SA, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $799K in total revenue in fiscal year 2023. Expenses of $685K left a modest 14% surplus.

Mission

ORGANIZE AND PROMOTE SAN ANTONIO'S NETWORK OF HEALTH CARE AND BIOSCIENCE ASSETS AND CAPABILITIES TO ACCELERATE GROWTH OF THIS ECONOMIC SECTOR AND ENHANCE SAN ANTONIO'S REPUTATION AS A CITY OF SCIENCE AND HEALTH.

Program Service Accomplishments

Program 1

Expenses: $542,747 Revenue: $12,000

WORK TO ATTRACT, SUSTAIN AND GROW THE HEALTHCARE AND BIOSCIENCE SECTOR IN SAN ANTONIO AND THE SURROUNDING REGION. BIOMED SA SUPPORTS LOCAL INDUSTRY BY MAKING CONNECTIONS WITH POTENTIAL COLLABORATORS AND SERVICE PROVIDERS, MENTORING, PROVIDING TARGETED NETWORKING OPPORTUNITIES, AND SHARING INDUSTRY NEWS. BIOMED SA COLLECTS AND COLLATES INFORMATION ON LOCAL ASSETS AND CAPABILITIES IN THE REGION'S HEALTHCARE AND BIOSCIENCE SECTOR TO SUPPORT EXISTING INDUSTRY AND ATTRACT COMPANIES AND TALENT TO THE REGION. BIOMED SA HOSTS SMALL AND LARGE EVENTS TO EDUCATE AND CONNECT THE SECTOR. BIOMED SA REPRESENTS THE HEALTHCARE AND BIOSCIENCE SECTOR AND WORKS IN COLLABORATION WITH LOCAL OFFICIALS AND ECONOMIC DEVELOPMENT ORGANIZATIONS TO PROMOTE AND GROW THE SECTOR. BIOMED SA LEADS COMMUNITY-WIDE ACTIVITIES TO PROMOTE AND GROW THE HEALTHCARE AND BIOSCIENCE SECTOR IN THE REGION.

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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 $767,708

Program Service Revenue $12,000

Investment Income $10,380

Other Revenue $9,275

TOTAL REVENUE $799,363

Expense Breakdown

Grants Paid $0

Salaries & Benefits $437,997

Fundraising Expenses $59,486

Program Expenses $542,747

Other Expenses $247,467

TOTAL EXPENSES $685,464

Year-over-Year Comparison

	2023	2022	Change
Revenue	$799,363	$797,556	+0.0%
Expenses	$685,464	$519,752	+0.3%
Net Income	$113,899	$277,804	-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

N/A

Volunteers

100

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

$213,292

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RENE DOMINGUEZ	DIRECTOR	0.50	Director	$0	$0	$0
STEPHEN A HARRISON MD	DIRECTOR	0.50	Director	$0	$0	$0
MIKE FLORES PHD	DIRECTOR	0.50	Director	$0	$0	$0
GARY FRASHIER PHD MBA PE	DIRECTOR	0.50	Director	$0	$0	$0
KARMA NILSSON	DIRECTOR	0.50	Director	$0	$0	$0
LARRY SCHLESINGER MD	DIRECTOR	0.50	Director	$0	$0	$0
NEILL GOBIE WALSDORF JR	DIRECTOR	0.50	Director	$0	$0	$0
MELODY NEWSOM	DIRECTOR	0.50	Director	$0	$0	$0
MARTIN J LANDON	DIRECTOR	0.50	Director	$0	$0	$0
SARAH CARABIAS-RUSH	DIRECTOR	0.50	Director	$0	$0	$0
STEPHEN DALAL PHD	DIRECTOR	0.50	Director	$0	$0	$0
JESSICA SERNA	DIRECTOR	0.50	Director	$0	$0	$0
JOANN BROWNING PHD	DIRECTOR	0.50	Director	$0	$0	$0
BRIAN KIESER	DIRECTOR	0.50	Director	$0	$0	$0
KRIS KIESWETTER PHD	DIRECTOR	0.50	Director	$0	$0	$0
JOE MCDONOUGH PHD	DIRECTOR	0.50	Director	$0	$0	$0
DAN MILLER	DIRECTOR	0.50	Director	$0	$0	$0
DAVE PETERSON	DIRECTOR	0.50	Director	$0	$0	$0
JENNIFER SHARPE POTTER PHD	DIRECTOR	0.50	Director	$0	$0	$0
SAL WEBBER	DIRECTOR	0.50	Director	$0	$0	$0
ANN STEVENS	DIRECTOR	0.50	Director	$0	$0	$0
JIM REED	DIRECTOR	0.50	Director	$0	$0	$0
DEBRA NIEMEYER PHD DAFC	DIRECTOR (MILITARY NON-VOTING)	0.50	Director	$0	$0	$0
HENRY CISNEROS PHD	FOUNDING CHAIR/DIRECTOR (EX OFFICIO)	0.50	Director	$0	$0	$0
RON NIRENBERG MAYOR	DIRECTOR (EX OFFICIO)	0.50	Director	$0	$0	$0
ANN BEAL SALAMONE	IMMEDIATE PAST CHAIR	0.50	Officer Director	$0	$0	$0
TED DAY	CHAIR	0.50	Officer Director	$0	$0	$0
THOMAS M EVANS PHD	VICE CHAIR	0.50	Officer Director	$0	$0	$0
SHAWN HUGHES JD	SECTRETARY	0.50	Officer Director	$0	$0	$0
BOB HUTCHENS	TREASURER	0.50	Officer Director	$0	$0	$0
HEATHER HANSON	PRESIDENT	40.00	Officer	$202,464	$10,828	$213,292

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	$799,363	$685,464	$933,177	$113,899
2022	$797,556	$519,752	$807,018	$277,804
2021	$523,133	$411,629	$491,326	$111,504
2020	$537,505	$333,166	$364,061	$204,339
2019	$400,185	$383,696	$179,390	$16,489
2018	$517,403	$481,829	$179,812	$35,574