Medical Fitness Association Inc

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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

1991

Legal Domicile

Phone

9104208610

Tax Period

2023-07-01 to 2024-06-30

Medical Fitness Association Inc, founded in 1991, is a small nonprofit that reported $359K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

Provide opportunity for dialogue, education and training, advancement and improvement of all aspects of the medical fitness industry through meetings, seminars, and other events.

Program Service Accomplishments

Program 1

ANNNUAL CONFERENCE - 28TH ANNUAL MFA INTERNATIONAL CONFERENCE. OVER 270 REGISTERED AND 250 MEMBERS IN ATTENDANCE. APPROXIMATELY 35 EDUCATIONAL SESSIONS OFFERED IN FIVE TRACKS, PLUS A PHYSICIAN TRACK.

Program 2

FACILITY CERTIFICATION - PROVIDED EXAMINATIONS AND VAIDATION OF CERTIFIED FACILITIES IN 18 FACILITIES. THIS CERTIFICATION PROCESS SERVES AS A "GOOD HOUSEKEEPING SEAL OF APPROVAL" FOR MEDICALLY...

FACILITY CERTIFICATION - PROVIDED EXAMINATIONS AND VAIDATION OF CERTIFIED FACILITIES IN 18 FACILITIES. THIS CERTIFICATION PROCESS SERVES AS A "GOOD HOUSEKEEPING SEAL OF APPROVAL" FOR MEDICALLY INTEGRATED FITNESS FACILITIES TO HELP ENGENDER TRUST AND THE ABILITY TO OBTAIN REFERRALS FROM THE MEDICAL COMMUNITY FOR PATIENTS NEEDING EXERCISE PRESCRIPTIONS OR TREATMENT OF THEIR CHRONIC DISEASES THROUGH EXERCISE. ALSO BEGAN WORK ON NEW PROFESSIONAL FITNESS FACILITY AND MEDICAL FITNESS FACILITY DIRECTOR CREDENTIAL.

Program 3

REGIONAL MEETINGS & MEDICAL FITNESS INSTITUTE - APPROXIMATELY 300 MEMBERS SERVED IN FOUR REGIONAL EVENTS, PLUS MEDICAL FITNESS INSTITUTE REGIONAL CONFERENCES AND WORKSHOPS FOR EXERCISE IS MEDICINE...

REGIONAL MEETINGS & MEDICAL FITNESS INSTITUTE - APPROXIMATELY 300 MEMBERS SERVED IN FOUR REGIONAL EVENTS, PLUS MEDICAL FITNESS INSTITUTE REGIONAL CONFERENCES AND WORKSHOPS FOR EXERCISE IS MEDICINE. APPROXIMATELY 10 EDUCATIONAL SESSIONS WERE OFFERED AT EACH. REGIONAL CONFERENCES OFFER ONE OF THE MOST EFFECTIVE WAYS TO STAY UP-TO-DATE WITH THE LATEST APPROACHES TO MEDICAL FITNESS OPERATIONS AND PROGRAMMING. THEY ALLOW EVERYONE TO LEARN FROM EACH OTHER AND NETWORK WITH PEOPLE AND ORGANIZATIONS DEDICATED TO MEDICAL FITNESS. THE MEDICAL FITNESS INSTITUTE IS A PROGRAM SPONSORED BY THE MEDICAL FITNESS ASSOCIATION FOCUSING ON A VARIETY OF TOPICS THAT DIRECTLY RELATE TO HEALTH, THE OPERATIONAL SUCCESS OF MEDICAL FITNESS CENTERS, AND THE DEVELOPMENT OF INDUSTRY LEADERS FOR THIS GROWING 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $357,679

Investment Income $2

Other Revenue $1,155

TOTAL REVENUE $358,836

Expense Breakdown

Grants Paid $0

Salaries & Benefits $229,305

Fundraising Expenses $0

Program Expenses $0

Other Expenses $119,689

TOTAL EXPENSES $348,994

Year-over-Year Comparison

	2023	2022	Change
Revenue	$358,836	$391,325	-0.1%
Expenses	$348,994	$361,657	0.0%
Net Income	$9,842	$29,668	-0.7%

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

$134,273

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alan Lloyd	Director	0.5	Director	$0	$0	$0
AMANDA MESCHI-CESARE	DIRECTOR	0.5	Director	$0	$0	$0
CLIFF MORRIS	DIRECTOR	0.5	Director	$0	$0	$0
COLLETTE CARTER	CHAIR ELECT	1.0	Director	$0	$0	$0
ERIC GOOD	DIRECTOR	0.5	Director	$0	$0	$0
HERVEY LAVOIE	SECY/TREAS	0.5	Director	$0	$0	$0
JAMY MCGEE	Director	0.5	Director	$0	$0	$0
JEFF JERAN	CHAIR	1.0	Director	$0	$0	$0
JENNIFER LAVOIE	PAST CHAIR	1.0	Director	$0	$0	$0
KEVIN MCHUGH	DIRECTOR	0.5	Director	$0	$0	$0
TOM CAMPBELL	DIRECTOR	0.5	Director	$0	$0	$0
DAVID FLENCH	PRESIDENT & CEO	40.0	Officer	$134,273	$0	$134,273

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	No data	No data	No data	No data
2024	$358,836	$348,994	$132,697	$9,842
2023	$391,325	$361,657	$132,165	$29,668
2022	$383,333	$390,603	$46,497	$-7,270
2021	$330,558	$415,653	$135,913	$-85,095
2020	$399,271	$430,585	$202,799	$-31,314
2019	$427,418	$468,105	$166,646	$-40,687
2018	$491,809	$446,305	$176,728	$45,504