International Academy of Independe… - Form 990 Financial Data

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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

1986

Legal Domicile

Phone

8444842463

Tax Period

2024-01-01 to 2024-12-31

International Academy of Independent Medical Evaluators, founded in 1986, is a small nonprofit that reported $270K in total revenue in fiscal year 2024. Expenses of $249K left a modest 8% surplus.

Mission

INTERNATIONAL ACADEMY OF INDEPENDENT MEDICAL EVALUATORS IS A NATIONAL PROFESSIONAL MEMBERSHIP ORGANIZATION CHARTERED IN 1987, AND INCORPORATED IN THE STATE OF ILLINOIS IN 1989. THE MISSION OF THE CME PROGRAM OF THE INTERNATIONAL ACADEMY OF INDEPENDENT MEDICAL EVALUATORS IS TO PROVIDE PRE-EMINENT CONTINUING MEDICAL EDUCATION WHICH WILL BUILD NEW SKILLS AND ENHANCE THE SKILLS OF PHYSICIANS AND OTHER DISABILITY PROFESSIONALS, ENSURE APPROPRIATE ACCURATE DISABILITY EVALUATION AND IMPAIRMENT RATINGS, QUALIFY SELECTED PHYSICIANS AS IAIME FELLOWS OR OTHER ADVANCED CREDENTIAL, AND PROMULGATE A STANDARDIZED PROCESS OF EVALUATION AND IN DISABILITY MANAGEMENT. IN ADDITION, IAIME WILL AGGRESSIVELY ASSESS AND EVALUATE THE COMPLEXITIES OF THE DISABLED STATE, AND ITS CAUSATION, DESIGNING EDUCATIONAL INTERVENTIONS AND ACTIVITIES TO REVERSE THE MEDICAL, LEGAL, AND SOCIAL ISSUES CONTRIBUTING TO THE WORKERS' CONDITION. IAIME WILL FURTHER THIS MISSION BY DESIGNING NEW TOOLS TO MEASURE OUTCOMES AND ANALYZE

Program Service Accomplishments

Program 1

Expenses: $248,790 Revenue: $270,096

Develop, augment and support defining of roles and understanding of the responsibilities MDs and DOs in the performance of disability evaluations. Establish scientifically-based methods for...

Develop, augment and support defining of roles and understanding of the responsibilities MDs and DOs in the performance of disability evaluations. Establish scientifically-based methods for assessment of disability. Establish and supervise training in this specialized area of medical practice. Promote, attain, and maintain competence in disability evaluation. Foster research in the field of disability evaluation and promote scholarly and educational endeavors in the field of disability evaluation.

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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 $127,760

Program Service Revenue $142,334

Investment Income $0

Other Revenue $2

TOTAL REVENUE $270,096

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $248,790

Other Expenses $248,790

TOTAL EXPENSES $248,790

Year-over-Year Comparison

	2024	2023	Change
Revenue	$270,096	$262,763	+0.0%
Expenses	$248,790	$455,761	-0.5%
Net Income	$21,306	$-192,998	-1.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jim Steihl	Director	5.00	Officer Director	$0	$0	$0
James Underhill Psy D MP	President	1.00	Officer Director	$0	$0	$0
Gary Pushkin MD	President-Elect	1.00	Officer Director	$0	$0	$0
Bhavesh Robert J Pandya MD	Secretary/Treas	1.00	Director	$0	$0	$0
Mark Ross MD	Director	1.00	Director	$0	$0	$0
Dennis Teal DC	Director	1.00	Director	$0	$0	$0
Mark Hyman	Director	1.00	Director	$0	$0	$0
Charles Xeller	Director	1.00	Director	$0	$0	$0
Eva Pacheco	Director	1.00	Director	$0	$0	$0
Andrew Gelman	Director	1.00	Director	$0	$0	$0
Alan Morasch CAE	Executive Dir.	5.00	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	$270,096	$248,790	$142,533	$21,306
2023	$262,763	$455,761	$61,976	$-192,998
2022	$355,031	$423,932	$171,735	$-68,901
2021	$307,438	$225,988	$386,438	$81,450
2020	$319,701	$296,779	$212,713	$22,922
2019	$379,060	$311,098	$261,305	$67,962
2018	$287,882	$317,564	$278,023	$-29,682

International Academy of Independent Medical Evaluators