DELAWARE MEDICAL EDUCATION FOUNDATION (EIN 510343625) - 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

1993

Legal Domicile

Principal Officer

MARK THOMPSON

Phone

3023661400

Tax Period

2023-01-01 to 2023-12-31

DELAWARE MEDICAL EDUCATION FOUNDATION, founded in 1993, is a community nonprofit in the Health Care sector that reported $1.1M in total revenue in fiscal year 2023.

Mission

TO IMPROVE AND EXPAND THE CONTINUING MEDICAL EDUCATION PROGRAM, PROVIDING DELAWARE PHYSICIANS WITH UP-TO-THE-MINUTE CLINICAL INFORMATION IN THE EVER-CHANGING FIELD OF MEDICAL SCIENCE, TO SPONSOR PROGRAMS TO EDUCATE THE PUBLIC ON MEDICAL ISSUES, AND TO ADMINISTER THE PHYSICIAN'S HEALTH PROGRAM IN CONJUNCTION WITH THE DELAWARE BOARD OF MEDICAL PRACTICE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,070,085

Program Service Revenue $0

Investment Income $13,766

Other Revenue $0

TOTAL REVENUE $1,083,851

Expense Breakdown

Grants Paid $1,057,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,057,000

Other Expenses $13,750

TOTAL EXPENSES $1,070,750

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,083,851	$1,052,101	+0.0%
Expenses	$1,070,750	$1,060,318	+0.0%
Net Income	$13,101	$-8,217	-2.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN LEVINE MD	CHAIRMAN	5.00	Officer Director	$0	$0	$0
JEREMY AXE MD	SECRETARY	5.00	Officer Director	$0	$0	$0
MICHAEL PUSHKAREWICZ MD	TREASURER	5.00	Officer Director	$0	$0	$0
MORGAN CASTIGLIONE MD	BOARD MEMBER	5.00	Director	$0	$0	$0
BRYAN CHOI MD	BOARD MEMBER	5.00	Director	$0	$0	$0
JUSTIN CONNOR MD	BOARD MEMBER	5.00	Director	$0	$0	$0
JUSTIN ELDRIDGE MD	BOARD MEMBER	5.00	Director	$0	$0	$0
NANCY FAN MD	BOARD MEMBER	5.00	Director	$0	$0	$0
JOHN J GOODWILL MD	BOARD MEMBER	5.00	Director	$0	$0	$0
RYAN HOLTON MD	BOARD MEMBER	5.00	Director	$0	$0	$0
MARK THOMPSON	EXECUTIVE DIRECTOR	5.00	Officer	$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	No data	No data	No data	No data
2023	$1,083,851	$1,070,750	$399,134	$13,101
2022	$1,052,101	$1,060,318	$396,376	$-8,217

DELAWARE MEDICAL EDUCATION FOUNDATION