AMEDCOEDU INC (EIN 461223517) - Form 990 Financial Analysis & Trantor Score

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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

2012

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

AMEDCOEDU INC, founded in 2012, is a micro nonprofit in the Education sector that reported $82K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $92K exceeded revenue, resulting in a 12% operating deficit.

Mission

AMEDCOEDU IS A CHARITABLE ORGANIZATION THAT PROVIDES ACCREDITED CONTINUING MEDICAL EDUCATION AND TRAINING SERVICES REQUIRED FOR MEDICAL LICENSING IN THE HEALTH CARE AND MEDICAL SERVICE FIELDS SUCH AS MENTAL HEALTH, CHEMICAL DEPENDENCY, AND SUBSTANCE ABUSE TREATMENT, AMONG OTHERS.

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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 $81,750

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $81,750

Expense Breakdown

Grants Paid $91,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $91,750

Other Expenses $0

TOTAL EXPENSES $91,750

Year-over-Year Comparison

	2023	2022	Change
Revenue	$81,750	$94,750	-0.1%
Expenses	$91,750	$85,840	+0.1%
Net Income	$-10,000	$8,910	-2.1%

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

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
KAREN EDMONSON	CHAIRWOMAN	3.50	Officer	$0	$0	$0
NORMAN SKOG	EXECUTIVE DIRECTOR & CHAIRMAN	3.50	Officer	$0	$0	$0
ERIN COLLINS	TREASURER	7.50	Officer	$0	$0	$0
IVER SKOG	SECRETARY	7.50	Officer	$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
2024	No data	No data	No data	No data
2023	$81,750	$91,750	$304,099	$-10,000
2022	$94,750	$85,840	$314,154	$8,910
2021	$105,000	$105,000	$301,709	No data
2020	$530,110	$410,920	$301,179	$119,190
2019	$1,860,633	$1,865,639	$45,604	$-5,006

AMEDCOEDU INC