NATIONAL ASSOCIATION OF FREESTANDI… - 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

2015

Legal Domicile

Principal Officer

EDWARD WRIGHT

Phone

5126581990

Tax Period

2024-07-01 to 2025-06-30

NATIONAL ASSOCIATION OF FREESTANDING EMERGENCY CENTERS, founded in 2015, is a small nonprofit that reported $526K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring.

Mission

TO ADVOCATE FOR FAIR REGULATION AND RAISE NATIONWIDE AWARENESS OF FREESTANDING EMERGENCY CENTERS AS A HIGH QUALITY AND ACCESSIBLE EMERGENCY MEDICAL CARE OPTION.

Program Service Accomplishments

Program 1

RAISED THE NATIONAL PROFILE OF FREESTANDING EMERGENCY CENTERS THROUGH EDUCATION AND OUTREACH. RECOGNIZED BY LEGISLATORS AS THE LEADING VOICE NATIONWIDE FOR THE INDUSTRY.

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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 $0

Program Service Revenue $526,072

Investment Income $0

Other Revenue $256

TOTAL REVENUE $526,328

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,702

Fundraising Expenses $0

Other Expenses $498,403

TOTAL EXPENSES $571,105

Year-over-Year Comparison

	2024	2023	Change
Revenue	$526,328	$977,803	-0.5%
Expenses	$571,105	$521,030	+0.1%
Net Income	$-44,777	$456,773	-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
ROBERT MORRIS	PRESIDENT	1.00	Officer Director	$0	$0	$0
EDWARD WRIGHT	TREASURER	1.00	Officer Director	$0	$0	$0
JEFFREY BEERS	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
LONNIE SCHWIRTHLICH	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
JEREMY BRYNES	DIRECTOR AT LARGE	1.00	Director	$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
2025	$526,328	$571,105	$422,789	$-44,777
2024	No data	No data	No data	No data
2023	$406,400	$354,230	$252,182	$52,170
2022	$360,000	$398,119	$200,012	$-38,119
2021	$380,000	$317,450	$238,131	$62,550
2020	$381,689	$318,632	$175,582	$63,057
2019	$467,983	$427,764	$106,376	$40,219
2018	$331,687	$472,797	$63,545	$-141,110

NATIONAL ASSOCIATION OF FREESTANDING EMERGENCY CENTERS