SOCIETY FOR ACADEMIC CONTINUING ME… - 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

1976

Legal Domicile

Phone

3122242522

Tax Period

2024-07-01 to 2025-06-30

SOCIETY FOR ACADEMIC CONTINUING MEDICAL EDUCATION, founded in 1976, is a small nonprofit in the Education sector that reported $302K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $445K exceeded revenue, resulting in a 47% operating deficit.

Mission

Through leadership and collaboration, we foster scholarship in CPD/CE to advance: Health Equity; Practice and Value of CPD/CE; Clinician Practice and Wellbeing; and Patient Care and Health of the Public.

Program Service Accomplishments

Program 1

Expenses: $375,890 Revenue: $252,379

TO PROMOTE THE HIGHEST VALUE IN PATIENT CARE AND HEALTH OF THE PUBLIC THROUGH THE SCHOLARSHIP OF CONTINUING MEDICAL AND INTERPROFESSIONAL EDUCATION.

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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 $252,379

Investment Income $37,880

Other Revenue $12,128

TOTAL REVENUE $302,387

Expense Breakdown

Grants Paid $24,381

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $375,890

Other Expenses $420,443

TOTAL EXPENSES $444,824

Year-over-Year Comparison

	2024	2023	Change
Revenue	$302,387	$273,885	+0.1%
Expenses	$444,824	$519,050	-0.1%
Net Income	$-142,437	$-245,165	-0.4%

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

N/A

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
Linda Caples	President	10.00	Officer Director	$0	$0	$0
Suzan Schneeweiss	Pres Elect	10.00	Officer Director	$0	$0	$0
Lori Deitte	Vice President	5.00	Officer Director	$0	$0	$0
Natalie Sanfratello	Secretary	5.00	Officer Director	$0	$0	$0
Jennifer Reino	Treasurer	5.00	Officer Director	$0	$0	$0
Kimberly Northrip	Past President	5.00	Officer Director	$0	$0	$0
Barbara Anderson	Director	5.00	Director	$0	$0	$0
Linda Baer	Director	5.00	Director	$0	$0	$0
Adrienne Ross	Director	5.00	Director	$0	$0	$0
Jessica Walter	Director	5.00	Director	$0	$0	$0
Jerry Maniate	Director	5.00	Director	$0	$0	$0
Cynthia Juarez	Director	5.00	Director	$0	$0	$0
Liane Giles LeBlanc	Director	5.00	Director	$0	$0	$0
Jennifer Alessi	Director	5.00	Director	$0	$0	$0
Martin Tremblay	Director	5.00	Director	$0	$0	$0
David Wiljer	Director	5.00	Director	$0	$0	$0
Vjeokoslav Hlede	Director	5.00	Director	$0	$0	$0
Joyce Fried	Director	5.00	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	$302,387	$444,824	$1,807,125	$-142,437
2024	$273,885	$519,050	$1,813,138	$-245,165
2023	$200,226	$385,050	$1,880,717	$-184,824
2022	$400,839	$329,616	$1,912,930	$71,223
2021	$628,828	$295,760	$2,212,530	$333,068
2020	$399,162	$344,670	$1,908,954	$54,492
2019	$323,591	$316,725	$1,861,208	$6,866
2018	$402,825	$353,470	$1,762,878	$49,355

SOCIETY FOR ACADEMIC CONTINUING MEDICAL EDUCATION