MOBILE MEDICAL ENDOWMENT TRUST INC

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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

1975

Legal Domicile

Principal Officer

LEONARD RICH

Phone

2514769494

Tax Period

2022-01-01 to 2022-12-31

MOBILE MEDICAL ENDOWMENT TRUST INC, founded in 1975, is a micro nonprofit that reported $11K in total revenue in fiscal year 2022. Revenue surged 924% from the prior year, signaling strong growth momentum. Net assets of $364K represent 387 months of operating reserves.

Mission

PROFESSIONAL MEDICAL ASSOCIATION. THE ORGANIZATION IS RESPONSIBLE FOR AWARDING SCHOLARSHIPS TO MEDICAL STUDENTS AND SUPPORTING THE MEDICAL SOCIETY OF MOBILE COUNTY.

Program Service Accomplishments

Program 1

Expenses: $10,642 Revenue: $11,277

AWARDED SCHOLARSHIPS AND SUPPORTS THE MEDICAL SOCIETY OF MOBILE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,078

Investment Income $2,199

Other Revenue $0

TOTAL REVENUE $11,277

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,642

Other Expenses $11,125

TOTAL EXPENSES $11,125

Year-over-Year Comparison

	2022	2021	Change
Revenue	$11,277	$1,101	+9.2%
Expenses	$11,125	$24,096	-0.5%
Net Income	$152	$-22,995	-1.0%

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
AIMEE WALSH MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
TED FLOTTE MD	PRES-ELECT	1.00	Officer Director	$0	$0	$0
GEORGE KOULIANOS MD	VICE-PRES	1.00	Officer Director	$0	$0	$0
NINA FORD-JOHNSON MD	SEC-TREAS	1.00	Officer Director	$0	$0	$0
HENRY KOCH MD	IMMEDIATE PAST PRES	1.00	Officer Director	$0	$0	$0
CONRAD PIERCE MD	CENSOR	1.00	Director	$0	$0	$0
IJAZ IQBAL MD	CENSOR	1.00	Director	$0	$0	$0
JOHN MCMAHON MD	CENSOR	1.00	Director	$0	$0	$0
KIT OUTLAW MD	CENSOR	1.00	Director	$0	$0	$0
LAWRENCE BEDSOLE MD	CENSOR	1.00	Director	$0	$0	$0
CMA MAX ROGERS IV MD	CENSOR	1.00	Director	$0	$0	$0
MATT CEPEDA MD	CENSOR	1.00	Director	$0	$0	$0
BARBARA MITCHELL MD	CENSOR	1.00	Director	$0	$0	$0
WILLIAM RICHARDS MD	CENSOR	1.00	Director	$0	$0	$0
LAUREN SELF MD	CENSOR	1.00	Director	$0	$0	$0
LYNN BATTEN MD	CENSOR	1.00	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
2022	$11,277	$11,125	$412,017	$152
2021	$1,101	$24,096	$420,920	$-22,995
2020	$33,851	$27,488	$441,411	$6,363
2019	$7,447	$26,098	$447,304	$-18,651
2018	$38,661	$57,515	$462,251	$-18,854