MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM (EIN 474960128) - 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

2015

Legal Domicile

Phone

8437604500

Tax Period

2024-01-01 to 2024-12-31

MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM, founded in 2015, is a major nonprofit in the Science & Technology sector that reported $234.5M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO ASSIST THE UNITED STATES ARMY MEDICAL RESEARCH AND DEVELOPMENT COMMAND AND OTHER FUNDING SPONSORS BY PROVIDING CUTTING-EDGE TECHNOLOGIES AND EFFECTIVE MATERIEL LIFE-CYCLE MANAGEMENT TO TRANSITION MEDICAL SOLUTIONS THAT PROTECT, TREAT AND OPTIMIZE THE HEALTH AND PERFORMANCE OF US SERVICE MEMBERS ACROSS THE FULL SPECTRUM OF MILITARY OPERATIONS.

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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 $500

Program Service Revenue $234,268,255

Investment Income $68,401

Other Revenue $135,000

TOTAL REVENUE $234,472,156

Expense Breakdown

Grants Paid $980,254

Salaries & Benefits $251,145

Fundraising Expenses $0

Program Expenses $231,105,641

Other Expenses $231,718,896

TOTAL EXPENSES $232,950,295

Year-over-Year Comparison

	2024	2023	Change
Revenue	$234,472,156	$210,454,199	+0.1%
Expenses	$232,950,295	$210,507,554	+0.1%
Net Income	$1,521,861	$-53,355	-29.5%

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

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

$255,805

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Amy Salzhauer	Director	0.5	Director	$0	$0	$0
Christopher Hlubb	Director	0.5	Director	$0	$0	$0
Dr Andrew Omidvar	Director	0.5	Director	$0	$0	$0
Dr Kent Kester	Director (Thru 03/2024)	0.5	Director	$0	$0	$0
Dr Pierre Noel	Director	0.5	Director	$0	$0	$0
Dr Ron Poropatich	Director	0.5	Director	$0	$0	$0
Dr Ross Donaldson	Director	0.5	Director	$0	$0	$0
Ellen Embrey	Director, Board Chairperson	0.5	Director	$0	$0	$0
James F Cummings MD	Director	0.5	Director	$0	$0	$0
Mark D Breyen	Director (Thru 03/2024)	0.5	Director	$0	$0	$0
Michael Black	Director	0.5	Director	$0	$0	$0
Michael Brown	Director	0.5	Director	$0	$0	$0
Peter H Soderberg	Director	0.5	Director	$0	$0	$0
Christopher T Steele	Chief of Strategy and Business Development (Begin 05/2024)	19.0	Officer	$0	$0	$0
Dr Lauren Palestrini	Chief Science Officer	11.0	Officer	$0	$0	$0
Jill Sorensen	Chief Development Officer (Thru 12/2024)	30.0	Officer	$0	$0	$0
Julia Martin	Chief Financial Officer	7.0	Officer	$0	$0	$0
Kathy Zolman	Chief of Consortium Operations	5.0	Officer	$0	$0	$0
Rebecca Harmon	Chief Contracting/Compliance Officer	3.0	Officer	$0	$0	$0
Shawn J Green	Chief of Strategy and Business Development (Thru 05/2024)/President (Begin 06/2024)	18.0	Officer	$188,430	$0	$188,430
William F Evans	Treasurer	3.0	Officer	$37,250	$0	$37,250
William Howell	President (Thru 05/2024)	4.0	Officer	$30,125	$0	$30,125

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	$234,472,156	$232,950,295	$89,209,329	$1,521,861
2023	$210,454,199	$210,507,554	$79,201,235	$-53,355
2022	$145,585,970	$146,327,931	$98,276,165	$-741,961
2021	$159,782,022	$156,261,722	$73,218,609	$3,520,300
2020	$80,411,612	$77,603,314	$83,363,247	$2,808,298
2019	$36,261,168	$35,281,918	$11,991,480	$979,250
2018	$14,466,388	$14,270,716	$5,306,943	$195,672

MEDICAL TECHNOLOGY ENTERPRISE CONSORTIUM