FOUNDATION OF ORANGE COUNTY MEDICAL ASSOCIATION

EIN: 464271018 501(c)(3) Human Services

NEWPORT BEACH, CA

Total Revenue
$15,110
Total Expenses
$16,809
Total Assets
$175,671
Net Assets
$160,221
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
CA
Principal Officer
SHALINI SHAH MD
Phone
9493988100
Tax Period
2024-01-01 to 2024-12-31

FOUNDATION OF ORANGE COUNTY MEDICAL ASSOCIATION, founded in 2013, is a micro nonprofit in the Human Services sector that reported $15K in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. Expenses of $17K exceeded revenue, resulting in a 11% operating deficit.

Mission

To assist in the stabilization of health care costs while maintaining the quality of health care by performing utilization review of the professional activities of physicians and other health care practitioners and institutional and non-institutional providers of health care services,and, in connection therewith, to determine or advise as to the standards of health care which are professionally recognized; to ascertain and advise as to the medical necessity of particular services; to advise on the manner in which services may be provided in the most economical manner consistent with professional standard of maintenance of the quality of care; to perform studies and analyses of trends in the utilization of medical services and in the quality of medical care rendered to the general public, and to provide educational services to health care providers and the general public concerning such trends; and to provide information services to health care providers in order to facilitate the deliv

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $15,110
Other Revenue $0
TOTAL REVENUE $15,110

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,850
Other Expenses $16,809
TOTAL EXPENSES $16,809

Year-over-Year Comparison

2024 2023 Change
Revenue $15,110 $9,195 +0.6%
Expenses $16,809 $21,595 -0.2%
Net Income $-1,699 $-12,400 -0.9%
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

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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
4
Independent Members
4
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
3
$12,000
Total Directors
4
$24,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM WOO MD Past President 2.00
Director
$0 $0 $12,000
SHALINI SHAH MD President 2.00
Officer Director
$0 $0 $12,000
CRISPINA CHONG-HAN MD President Elect 2.00
Officer Director
$0 $0 $0
CONNIE BARTLETT DO Secretary 2.00
Officer 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
2024 $15,110 $16,809 $175,671 $-1,699
2023 $9,195 $21,595 $176,634 $-12,400
2022 $8,937 $19,132 $187,490 $-10,195
2021 $20,556 $18,556 $218,149 $2,000
2020 $10,398 $19,849 $214,113 $-9,451
2019 $9,835 $34,776 $219,495 $-24,941
2018 $22,640 $24,930 $211,670 $-2,290
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