RICHMOND ACADEMY OF MEDICINE TRUST

EIN: 510160045 501(c)(3)

RICHMOND, VA

Total Revenue
$196,449
Total Expenses
$199,744
Total Assets
$30,326
Net Assets
$30,326
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
VA
Principal Officer
JAMES BECKNER MA
Phone
8046228132
Tax Period
2024-11-01 to 2025-10-31

RICHMOND ACADEMY OF MEDICINE TRUST, founded in 1975, is a small nonprofit that reported $301K in total revenue in fiscal year 2017. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $77K, a strong 25% operating margin.

Mission

THE RICHMOND ACADEMY OF MEDICINE TRUST INSPIRES PHILANTHROPY AND MOBILIZES RESOURCES TO ENRICH LIVES IN THE GREATER RICHMOND METROPOLITAN REGION BY SUPPORTING SCIENTIFIC PROGRAMS AND CHARITABLE SERVICES THAT IMPROVE THE HEALTH STATUS OF THE COMMUNITY, INCREASE THE KNOWLEDGE, SKILLS, AND ABILITIES OF HEALTHCARE PROFESSIONALS, FURTHER THE ADVANCEMENT AND ADOPTION OF BEST PRACTICES BY THE HEALTHCARE COMMUNITY, EDUCATE CONSUMERS AND BUSINESSES ABOUT HEALTHCARE ACCESS, AFFORDABILITY AND QUALITY, SUPPORT RESEARCH, AND PRESERVE THE HISTORY OF MEDICINE FOR THE BENEFIT OF THE PROFESSION AND THE COMMUNITY.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $147,450
Program Service Revenue $39,575
Investment Income $0
Other Revenue $9,424
TOTAL REVENUE $196,449

Expense Breakdown

Grants Paid $30,115
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $185,809
Other Expenses $169,629
TOTAL EXPENSES $199,744

Year-over-Year Comparison

2024 2023 Change
Revenue $196,449 $5,500 +34.7%
Expenses $199,744 $11,585 +16.2%
Net Income $-3,295 $-6,085 -0.5%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
6
Independent Members
6
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
$0
Total Directors
6
$383,487
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES BECKNER MA EXECUTIVE OF 6.00
Director
$0 $208,226 $383,487
HARRY S BEAR MD VICE PRESIDE N/A
Officer Director
$0 $0 $0
PETER A ZEDLER MD PRESIDENT N/A
Officer Director
$0 $0 $0
RICHARD A SZUCS MD TRUSTEE N/A
Director
$0 $0 $0
RITSU KUNO MD TREASURER N/A
Officer Director
$0 $0 $0
STEPHEN ROSENTHAL LEGAL REP N/A
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
2025 $196,449 $199,744 $30,326 $-3,295
2023 $150,238 $234,159 $39,736 $-83,921
2022 $83,611 $304 $149,020 $83,307
2021 $25,258 $5,738 $42,954 $19,520
2020 $147,406 $411,424 $22,800 $-264,018
2019 $284,966 $235,143 $343,795 $49,823
2018 $300,735 $224,079 $323,877 $76,656
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare RICHMOND ACADEMY OF MEDICINE TRUST with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.