Healthcare Financial Management Association Educational Foundation (EIN 362544491) - 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

1996

Legal Domicile

Principal Officer

C Ann Jordan

Phone

7085319600

Tax Period

2024-06-01 to 2025-05-31

Healthcare Financial Management Association Educational Foundation, founded in 1996, is a mid-sized nonprofit in the Health Care sector that reported $11.3M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $1.9M, a strong 17% operating margin.

Mission

To define, realize and advance the financial management of health care by helping members and others improve the business performance of organizations operating in or serving the healthcare field.

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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 (2024)

Revenue Breakdown

Contributions & Grants $13,595

Program Service Revenue $10,293,421

Investment Income $967,422

Other Revenue $0

TOTAL REVENUE $11,274,438

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,203,997

Other Expenses $9,359,461

TOTAL EXPENSES $9,359,461

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,274,438	$12,383,751	-0.1%
Expenses	$9,359,461	$9,972,037	-0.1%
Net Income	$1,914,977	$2,411,714	-0.2%

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

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

$781,795

Total Directors

$781,795

Key Employees

$2,454,036

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
C Ann Jordan	President & CEO	13.00	Officer Director	$212,105	$74,779	$781,795
Marc B Scher	Chairman	0.40	Officer Director	$0	$0	$0
Kiran N Batheja	Chair-Elect	0.40	Officer Director	$0	$0	$0
Matthew E Cox	Secretary/Treasurer	0.30	Officer Director	$0	$0	$0
Robin Damschroder	Director	0.30	Director	$0	$0	$0
Carladenise Armbrister Edwards	Director	0.30	Director	$0	$0	$0
Nikki Harper	Director	0.30	Director	$0	$0	$0
Scott R Hawig	Director	0.30	Director	$0	$0	$0
Kevin Holloran	Director	0.30	Director	$0	$0	$0
David W Johnson	Director	0.30	Director	$0	$0	$0
Susan K Nelson	Director	0.30	Director	$0	$0	$0
Deepak Sadagopan	Director	0.30	Director	$0	$0	$0
Marcus Whitney	Director	0.30	Director	$0	$0	$0
William Casey SVP Member	Experience & Bus Dev until 5/31/24	13.00	Key Emp	$178,275	$60,671	$654,925
Richard Gundling	SVP, Healthcare Financial Practices	13.00	Key Emp	$164,555	$97,102	$645,617
Lisa Richards	VP, People and Culture	13.00	Key Emp	$108,996	$70,708	$434,029
Steve Saldivar	Vice President & CFO	13.00	Key Emp	$98,318	$57,076	$384,804
Nicole Weaver	Chief Technology & Eff. Officer	13.00	Key Emp	$88,925	$38,246	$334,661
Vincent Lynn	Enterprise Account Executive	13.00	Highest	$124,392	$38,109	$452,749
Richard Lucas	Dir, Channel Assets until 8/15/24	13.00	Highest	$120,983	$16,065	$419,341
Todd Nelson	Director, Partner Relationships	13.00	Highest	$90,212	$40,981	$341,688
Brad Dennison	Director, Content	13.00	Highest	$73,102	$51,191	$294,862
Jennifer Vanden Bergh	Account Executive	13.00	Highest	$71,595	$18,175	$256,825

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
2025	$11,274,438	$9,359,461	$38,250,519	$1,914,977
2024	$12,383,751	$9,972,037	$35,423,836	$2,411,714
2023	$9,020,301	$7,659,405	$32,485,751	$1,360,896
2022	$6,148,217	$6,431,538	$29,555,753	$-283,321
2021	$3,676,474	$2,543,983	$26,762,464	$1,132,491
2020	$8,004,848	$8,477,617	$26,832,464	$-472,769
2019	$12,164,758	$10,201,302	$30,074,821	$1,963,456
2018	$12,223,847	$9,401,627	$28,808,541	$2,822,220

Healthcare Financial Management Association Educational Foundation