NATIONAL RESIDENT MATCHING PROGRAM

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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

1952

Legal Domicile

Principal Officer

DR DONNA L LAMB

Phone

2026183885

Tax Period

2023-01-01 to 2023-12-31

NATIONAL RESIDENT MATCHING PROGRAM, founded in 1952, is a mid-sized nonprofit that reported $11.4M in total revenue in fiscal year 2023. Expenses of $13.6M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO MATCH HEALTHCARE PROFESSIONALS TO GRADUATE MEDICAL EDUCATION AND ADVANCED TRAINING PROGRAMS THROUGH A PROCESS THAT IS FAIR, EFFICIENT, TRANSPARENT, AND RELIABLE. TO PROVIDE MEANINGFUL AND ACCESSIBLE MATCH DATA AND ANALYSIS TO STAKEHOLDERS.

Program Service Accomplishments

Program 1

Expenses: $10,339,659 Revenue: $10,137,970

HEALTH PROFESSIONS MATCHING PROGRAM - ORGANIZE AND CONDUCT A NATIONAL CLEARING HOUSE TO MATCH PHYSICIANS AND OTHER HEALTH PROFESSIONS APPLICANTS WITH GRADUATE EDUCATION PROGRAMS OF THEIR CHOICE. FOR FISCAL YEAR 2023, THERE WERE 49,537 RESIDENCY AND FELLOWSHIP PHYSICIAN APPLICANTS MATCHED.

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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 $10,109,520

Investment Income $1,212,642

Other Revenue $28,512

TOTAL REVENUE $11,350,674

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,784,985

Fundraising Expenses $0

Program Expenses $10,339,659

Other Expenses $7,784,023

TOTAL EXPENSES $13,569,008

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,350,674	$11,473,598	0.0%
Expenses	$13,569,008	$10,754,275	+0.3%
Net Income	$-2,218,334	$719,323	-4.1%

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

$923,596

Total Directors

Key Employees

$990,353

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN J SCHEINMAN MD	BOARD OF DIRECTORS (UNTIL JUNE 2023)	2.00	Director	$0	$0	$0
DONNA D ELLIOTT MD EDD	IMMEDIATE PAST CHAIR	2.00	Director	$0	$0	$0
DEBORAH S CLEMENTS MD	CHAIR	2.00	Officer Director	$0	$0	$0
CATHY LAZARUS MD	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
MANUEL REYES DO CANDIDATE	STUDENT BOARD DIRECTOR	2.00	Director	$0	$0	$0
KEITH B ARMITAGE MD	BOARD OF DIRECTORS	2.00	Director	$0	$0	$0
RICARDO J BELLO MD	BOARD OF DIRECTORS (UNTIL JUNE 2023)	2.00	Director	$0	$0	$0
NATASHA BRAY DO MSED	CHAIR DESIGNATE	2.00	Officer Director	$0	$0	$0
E SANDER CONNOLLY JR MD	BOARD OF DIRECTORS	2.00	Director	$0	$0	$0
NIKHIL GOYAL MBBS	BOARD OF DIRECTORS	2.00	Director	$0	$0	$0
HOLLY J HUMPHREY MD	BOARD OF DIRECTORS	2.00	Director	$0	$0	$0
MICHAEL G KAVAN PHD	BOARD OF DIRECTORS	2.00	Director	$0	$0	$0
TIFFANY MORTON MD CANDIDATE	BOARD OF DIRECTORS (UNTIL JUNE 2023)	2.00	Director	$0	$0	$0
EDWARD S SALSBERG MPA	BOARD OF DIRECTORS	2.00	Director	$0	$0	$0
KATHERINE SCRIBNER DO	BOARD OF DIRECTORS (UNTIL JUNE 2023)	2.00	Director	$0	$0	$0
MORGAN B SWANSON	BOARD OF DIRECTORS (UNTIL JUNE 2023)	2.00	Director	$0	$0	$0
ALVIN E ROTH PHD	BOARD OF DIRECTORS	2.00	Director	$0	$0	$0
ANIL WADHWANI MD PHD	BOARD OF DIRECTORS	2.00	Director	$0	$0	$0
PETER CAREK MD MS	BOARD OF DIRECTORS	2.00	Director	$0	$0	$0
JENNIFER LAFEMINA MD FACS	BOARD OF DIRECTORS	2.00	Director	$0	$0	$0
MELISSA GARRETT MARIANO DO	RESIDENT PHYSICIAN DIRECTOR	2.00	Director	$0	$0	$0
CLAUDIA A MOSQUERA VASQUEZ MD	RESIDENT PHYSICIAN DIRECTOR	2.00	Director	$0	$0	$0
BOLATITO ADEYERI MD CANDIDATE	STUDENT BOARD DIRECTOR	2.00	Director	$0	$0	$0
SUJAY RATNA MD CANDIDATE	STUDENT BOARD DIRECTOR	2.00	Director	$0	$0	$0
DONNA L LAMB DHSC MBA BSN	PRESIDENT/CEO	35.00	Officer	$588,480	$65,694	$654,174
STACY GIBSON	DIRECTOR OF FINANCE	35.00	Officer	$212,276	$57,146	$269,422
NICOLE N NITOWSKI	CHIEF INFORMATION OFFICER	35.00	Key Emp	$340,115	$62,891	$403,006
LAURIE S CURTIN	CHIEF POLICY OFFICER	35.00	Key Emp	$285,563	$37,934	$323,497
JEANETTE CALLI	CHIEF OF OPERATIONS	35.00	Key Emp	$216,792	$47,058	$263,850
DAVID MAXWELL	SENIOR DIRECTOR OF IT SECURITY	35.00	Highest	$174,256	$45,416	$219,672
AMANDA MARKS	SENIOR DIRECTOR OF IT	35.00	Highest	$211,286	$40,076	$251,362
WALTER WENTZ	MANAGER, NRMP OPERATIONS	35.00	Highest	$158,278	$28,575	$186,853
SUNIL CHIRRA	SR. DIRECTOR DATA & ANALYTICS	35.00	Highest	$159,313	$40,154	$199,467
CHAD RICHEY	DIRECTOR OF PRODUCT MANAGEMENT	35.00	Highest	$170,321	$46,453	$216,774

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	$11,350,674	$13,569,008	$29,442,574	$-2,218,334
2022	$11,473,598	$10,754,275	$29,346,137	$719,323
2021	$13,085,177	$8,686,472	$32,690,669	$4,398,705
2020	$10,706,899	$8,039,326	$28,198,643	$2,667,573
2019	$10,702,466	$8,736,229	$24,373,108	$1,966,237
2018	$9,169,848	$7,730,080	$21,390,347	$1,439,768