CENTER FOR MEDICAL INTEROPERABILITY INC

EIN: 463191908 501(c)(3) Health Care

Franklin, TN

Total Revenue
$279,967
Total Expenses
$2,209,779
Total Assets
$586,107
Net Assets
$441,844
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
DE
Principal Officer
ED CANTWELL
Phone
6157300088
Tax Period
2023-01-01 to 2023-12-31

CENTER FOR MEDICAL INTEROPERABILITY INC, founded in 2013, is a small nonprofit in the Health Care sector that reported $280K in total revenue in fiscal year 2023. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $2.2M exceeded revenue, resulting in a 689% operating deficit.

Mission

TO CHANGE HOW MEDICAL TECHNOLOGIES WORK TOGETHER BY IMPROVING REAL-TIME INFORMATION FLOW AND BY MAKING TECHNOLOGY FUNCTION SEAMLESSLY IN THE BACKGROUND SO THAT HEALTH SYSTEMS CAN ACHIEVE THE BEST POSSIBLE OUTCOMES FOR THEIR PATIENTS. OUR MEMBERS ARE COMMITTED TO COMPELLING CHANGE AND IMPROVING PATIENT SAFETY CARE QUALITY AND OUTCOMES AND REDUCING CLINICIAN BURDEN AND WASTE INCLUDING SUPPORT FOR CARE EXTENDING INTO THE HOME.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $11,968
Other Revenue $267,999
TOTAL REVENUE $279,967

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,440,894
Fundraising Expenses $0
Program Expenses $2,101,913
Other Expenses $768,885
TOTAL EXPENSES $2,209,779

Year-over-Year Comparison

2023 2022 Change
Revenue $279,967 $1,035,577 -0.7%
Expenses $2,209,779 $2,543,456 -0.1%
Net Income $-1,929,812 $-1,507,879 +0.3%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
3
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
3
$1,335,512
Total Directors
3
$930,764
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANKLIN CANTWELL PRESIDENT AND CHIEF EXECUTIVE OFFICER 40.00
Officer Director
$569,606 $78,907 $648,513
EDWARD MILLER CHIEF TECHNOLOGY OFFICER 40.00
Officer
$347,814 $56,934 $404,748
N/A SECRETARY AND CHIEF OPERATING OFFICER 40.00
Officer Director
$243,468 $38,783 $282,251
Dick Green DIRECTOR 0.50
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 $279,967 $2,209,779 $586,107 $-1,929,812
2022 $1,035,577 $2,543,456 $3,103,742 $-1,507,879
2021 $3,357,458 $3,036,823 $5,104,161 $320,635
2020 $5,308,565 $4,609,855 $5,845,307 $698,710
2019 $6,171,991 $5,955,329 $6,412,441 $216,662
2018 $6,212,206 $6,425,350 $6,239,847 $-213,144
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