Ann Arbor, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GALENS MEDICAL SOCIETY, founded in 1914, is a small nonprofit in the Health Care sector that reported $140K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $130K left a modest 7% surplus.
Galens Medical Society is a service organization of the Medical School of the University of Michigan. Galens serves to promote medical education and scholarship; to provide loans, scholarships, and grants-in-aid for the assistance of worthy and deserving medical students; to engage in charitable activities of a public nature, particularly, but not limited to, charities for the benefit of children of Washtenaw county; to foster and to encourage cooperation and understanding between the faculty and student body; and to further the educational traditions, activities, and ideas of the Medical School of the University of Michigan.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $140,248 | $120,857 | +0.2% |
| Expenses | $130,254 | $88,934 | +0.5% |
| Net Income | $9,994 | $31,923 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kallen Schwark | President | 7 |
Officer
|
$0 | $0 | $0 |
| Cyrus Najarian | Vice President | 5 |
Officer
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$0 | $0 | $0 |
| Nikolas Grotewold | Sr Treasurer | 4 |
Officer
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$0 | $0 | $0 |
| Charlie Walsh | Jr Treasurer | 3 |
Officer
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$0 | $0 | $0 |
| Rahim Karimi | Secretary | 2 |
Officer
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $140,248 | $130,254 | $731,916 | $9,994 |
| 2024 | $120,857 | $88,934 | $721,922 | $31,923 |
| 2023 | $118,391 | $137,403 | $689,999 | $-19,012 |
| 2022 | $150,833 | $117,815 | $709,011 | $33,018 |
| 2021 | $113,813 | $93,960 | $675,993 | $19,853 |
Compare GALENS MEDICAL SOCIETY with other nonprofits in Michigan and across the country.