ACADEMY OF MEDICINE OF CLEVELAND & NORTHERN OHIO (EIN 340051440) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Principal Officer

JENNIFER JOHNS

Phone

2165201000

Tax Period

2023-01-01 to 2023-12-31

ACADEMY OF MEDICINE OF CLEVELAND & NORTHERN OHIO, founded in 1999, is a small nonprofit that reported $344K in total revenue in fiscal year 2023. Expenses of $328K left a modest 5% surplus.

Mission

PROFESSIONAL MEDICAL SOCIETY FOR PHYSICIANS IN CUYAHOGA COUNTY, OHIO

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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 $9,076

Program Service Revenue $208,113

Investment Income $116,105

Other Revenue $10,725

TOTAL REVENUE $344,019

Expense Breakdown

Grants Paid $0

Salaries & Benefits $243,028

Fundraising Expenses $0

Other Expenses $85,045

TOTAL EXPENSES $328,073

Year-over-Year Comparison

	2023	2022	Change
Revenue	$344,019	$355,524	0.0%
Expenses	$328,073	$323,505	+0.0%
Net Income	$15,946	$32,019	-0.5%

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

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

$139,050

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TANVEER SINGH MD	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD WATKINS MD	DIRECTOR	2.00	Director	$0	$0	$0
JOHN HANICAK MD	DIRECTOR	2.00	Director	$0	$0	$0
GERARD ISENBERG MD	IMMEDIATE PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
JONATHAN SCHARFSTEIN MD	PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHAEL SHAUGNESSY MD	DIRECTOR	2.00	Director	$0	$0	$0
MARY LAPLANTE MD	DIRECTOR	2.00	Director	$0	$0	$0
MARIE SCHAEFER MD	PRESIDENT-ELECT	2.00	Officer Director	$0	$0	$0
ERIC SHAPIRO MD	SECRETARY-TREASURER	2.00	Officer Director	$0	$0	$0
LYNN MILLINER MD	DIRECTOR	2.00	Director	$0	$0	$0
ERINN COE MD	DIRECTOR	2.00	Director	$0	$0	$0
LILIAN WHITE MD	DIRECTOR	2.00	Director	$0	$0	$0
RICARDO CORREA MD	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER JOHNS	EXECUTIVE DIRECTOR	40.00	Officer	$135,000	$4,050	$139,050

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	$344,019	$328,073	$494,696	$15,946
2022	$355,524	$323,505	$453,041	$32,019
2021	$229,991	$303,264	$750,155	$-73,273
2020	$220,432	$454,357	$775,401	$-233,925
2019	$202,323	$372,028	$1,066,144	$-169,705
2019	$202,323	$372,028	$1,066,144	$-169,705
2018	$347,885	$360,465	$1,033,211	$-12,580
2018	$347,885	$360,465	$1,033,211	$-12,580

ACADEMY OF MEDICINE OF CLEVELAND & NORTHERN OHIO