OHIO MEDICAL QUALITY FOUNDATION

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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

1995

Legal Domicile

Principal Officer

CHARLES E SANDERS JR

Phone

6142514000

Tax Period

2023-01-01 to 2023-12-31

OHIO MEDICAL QUALITY FOUNDATION, founded in 1995, is a small nonprofit in the Health Care sector that reported $810K in total revenue in fiscal year 2023. Revenue fell 61% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $189K, a strong 23% operating margin.

Mission

THE PURPOSE FOR WHICH THE FOUNDATION IS FORMED IS EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE CODE). (THIS REFERENCE AND ALL FUTURE REFERENCES HEREIN TO ANY SECTION OF THE CODE SHALL BE DEEMED TO INCLUDE ALL REGULATIONS PROMULGATED THEREUNDER AND ANY CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAWS AND THE REGULATIONS THEREUNDER.) THE PURPOSE IS FURTHER LIMITED TO THE PURPOSES PERMITTED BY CHAPTER 1702 OF THE OHIO REVISED CODE. TO THE EXTENT NOT INCONSISTENT WITH THE FOREGOING, THE FOUNDATIONS PURPOSES, WHICH ARE SPECIFICALLY SET FORTH BY THE OHIO GENERAL ASSEMBLY IN R.C. 3701.89, INCLUDE THE FOLLOWING: A. TO FUND PROGRAMS APPROVED UNDER CRITERIA ESTABLISHED BY THE OHIO STATE MEDICAL BOARD FOR TREATMENT OF IMPAIRED PRACTITIONERS. B. TO FUND PROGRAMS DESIGNED TO IMPROVE THE QUALITY OF GRADUATE MEDICAL EDUCATION. C. TO FUND PROGRAMS DESIGNED TO IMPROVE RISK MANAGEMENT.

Program Service Accomplishments

Program 1

Expenses: $510,000 Revenue: $0

HEALTH

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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 $0

Program Service Revenue $0

Investment Income $809,589

Other Revenue $0

TOTAL REVENUE $809,589

Expense Breakdown

Grants Paid $510,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $510,000

Other Expenses $110,188

TOTAL EXPENSES $620,188

Year-over-Year Comparison

	2023	2022	Change
Revenue	$809,589	$2,092,023	-0.6%
Expenses	$620,188	$603,584	+0.0%
Net Income	$189,401	$1,488,439	-0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIAN K SCHUDA MD	CHAIRMAN (THRU 5/4/23)/TRUSTEE	1.00	Officer Director	$0	$0	$0
CRAIG W ANDERSON MD	VICE CHAIR/PRES THRU 5/4/23/TRUSTEE	1.00	Officer Director	$0	$0	$0
WILLIAM W HARDING	TRUSTEE/SECRETARY	1.00	Officer Director	$0	$0	$0
SURESH D MENDPARA MD	TRUSTEE/TREASURER	1.00	Officer Director	$0	$0	$0
KEVIN LUTZ DPM	VICE CHAIR/PRES AS OF 5/4/23/TRUSTEE	1.00	Officer Director	$0	$0	$0
THOMAS A TALLMAN DO	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD A FANKHAUSER MD	TRUSTEE	1.00	Director	$0	$0	$0
CHARLES E SANDERS JR MD	CHAIRMAN (AS OF 5/4/23)/TRUSTEE	1.00	Officer Director	$0	$0	$0
BRUCE VANDERHOFF MD	TRUSTEE	1.00	Director	$0	$0	$0
SHANNON C TROTTER DO	TRUSTEE	1.00	Director	$0	$0	$0
TODD M FOWLER MBA FACMPE	TRUSTEE	1.00	Director	$0	$0	$0
MELODY L SISKA MBA LSS MBB	TRUSTEE	1.00	Director	$0	$0	$0
LARRY D TOWNING DDS MD	TRUSTEE	1.00	Director	$0	$0	$0
DOUGLAS F KRIDLER	ASST SECRETARY	0.50	Officer	$0	$0	$0
SCOTT HEITKAMP	ASST TREASURER	0.50	Officer	$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	$809,589	$620,188	$13,311,184	$189,401
2022	$2,092,023	$603,584	$11,807,539	$1,488,439
2021	$565,360	$120,398	$14,783,800	$444,962
2020	$-33,819	$105,660	$13,277,548	$-139,479
2019	$347,384	$1,603,494	$12,706,612	$-1,256,110
2018	$1,102	$149,777	$10,957,140	$-148,675