AMERICAN MEDICAID PHARMACY ADMINIS… - 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

2003

Legal Domicile

Principal Officer

CAROLINE SOJOURNER

Phone

8038980813

Tax Period

2023-01-01 to 2023-12-31

AMERICAN MEDICAID PHARMACY ADMINISTRATORS ASSOCIATION, founded in 2003, is a micro nonprofit that reported $15K in total revenue in fiscal year 2023. Revenue surged 390% from the prior year, signaling strong growth momentum. Expenses of $521K exceeded revenue, resulting in a 3428% operating deficit.

Mission

THE ASSOCATION IS OPERATED TO HELP DISSEMINATE INFORMATION ABOUT VALID PHARMACY ISSUES. MEETINGS SPONSORED ACHIEVE THIS GOAL.

Program Service Accomplishments

Program 1

Expenses: $556

THERE WERE NO CONFERENCES HOSTED BY THE AMERICAN MEDICAID PHARMACY ADMINISTRATORS ASSOCIATION DURING 2023. THE ORGANIZATION WAS DISSOLVED IN 2023.

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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 $0

Investment Income $14,757

Other Revenue $0

TOTAL REVENUE $14,757

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $556

Other Expenses $520,663

TOTAL EXPENSES $520,663

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,757	$3,014	+3.9%
Expenses	$520,663	$540	+963.2%
Net Income	$-505,906	$2,474	-205.5%

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
KIMBERLY LENZ	EMPAA CHAIR	002.00	Director	$0	$0	$0
MARGARET CLIFFORD	EMPAA PAST CHAIR	002.00	Director	$0	$0	$0
JEFFREY CHAN	EMPAA TREASURER	002.00	Director	$0	$0	$0
BENNY RIDOUT	SAMPA PAST CHAIR	002.00	Director	$0	$0	$0
MARY JULIA TERREBONNE	SAMPA PAST CHAIR	002.00	Director	$0	$0	$0
CAROLINE SOJOURNER	SAMPA SECRETARY/TREASURER	002.00	Director	$0	$0	$0
CHAD HOPE	WMPAA TREASURER	002.00	Director	$0	$0	$0
BRENDAN JOYCE	WMPAA PAST CHAIR	002.00	Director	$0	$0	$0
SUZANNE BERMAN	WMPAA CHAIR	002.00	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
2023	$14,757	$520,663	No data	$-505,906
2022	$3,014	$540	$516,002	$2,474
2021	$34	$540	$517,959	$-506
2020	$4,307	$540	$515,507	$3,767
2019	$8,927	$540	$511,892	$8,387
2018	$4,885	$1,540	$501,947	$3,345

AMERICAN MEDICAID PHARMACY ADMINISTRATORS ASSOCIATION