Physicians For Peace

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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

1989

Legal Domicile

Phone

7579439625

Tax Period

2024-07-01 to 2025-06-30

Physicians For Peace, founded in 1989, is a small nonprofit in the International Affairs sector that reported $500K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year.

Mission

PHYSICIANS FOR PEACE TRAINS PROVIDERS OF SURGIAL CARE TO STRENGTHEN HEALTHCARE SYSTEMS IN THE WORLD'S MOST FRAGILE PLACES.

Program Service Accomplishments

Program 1

Expenses: $247,544

Physicians for Peace is committed to improving access to safe, timely surgical care by educating and training Malawian surgeons, clinical officers, surgical registrars and allied health providers to increase the country's surgical capacity, quality and resilience. Together with Queen Elizabeth Central Hospital staff and collaborators, Physicians for Peace is striving to bolster surgical training and education so that Malawi's surgical workforce can continue to grow and strengthen to better serve the overwhelming patient need.

Program 2

Expenses: $45,031

In keeping with a decade of support for surgical education and training at Queen Elizabeth Central Hospital (QECH) in Blantyre, Malawi, Physicians for Peace offers a scholarship opportunity to...

In keeping with a decade of support for surgical education and training at Queen Elizabeth Central Hospital (QECH) in Blantyre, Malawi, Physicians for Peace offers a scholarship opportunity to trainees in either general surgery or anaesthesia who will contribute to expansion of the country's surgical capacity and medical leadership.

Program 3

Expenses: $16,384

The burn surgery program implemented by Physicians for Peace exists to provide essential skills and training that contributes to greater access to quality healthcare in under-resourced areas of the world. Because burns are lifetime injuries, requiring dedicated medical care for years after the initial injury, PFP International Medical Educators (IMEs) provide training and mentorship to an array of healthcare providers, including surgeons, nurses, therapists and psychologists, who care for patients with burn injuries at different stages of their recovery.

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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 $499,818

Program Service Revenue $0

Investment Income $8

Other Revenue $0

TOTAL REVENUE $499,826

Expense Breakdown

Grants Paid $122,520

Salaries & Benefits $309,532

Fundraising Expenses $124,269

Program Expenses $316,941

Other Expenses $73,054

TOTAL EXPENSES $505,106

Year-over-Year Comparison

	2024	2023	Change
Revenue	$499,826	$592,587	-0.2%
Expenses	$505,106	$780,106	-0.4%
Net Income	$-5,280	$-187,519	-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

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

$205,517

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cynthia Romero MD	Board Vice-Chair	1.0	Officer Director	$0	$0	$0
Jennifer Barker	Board Secretary	1.0	Officer Director	$0	$0	$0
John T Schulz III MD	Board Chair	1.0	Officer Director	$0	$0	$0
Shemaine Rose CPA	Board Treasurer	1.0	Officer Director	$0	$0	$0
Atul Grover MD	Director	1.0	Director	$0	$0	$0
Carolyn Ramwell	Director	1.0	Director	$0	$0	$0
Edwin Burkett	Director	1.0	Director	$0	$0	$0
Jennifer Schlener-Thomas	Director	1.0	Director	$0	$0	$0
Serena Keith	Director	1.0	Director	$0	$0	$0
Sowmya Murthy	Director	1.0	Director	$0	$0	$0
James Morgan	CEO (thru 9/24)	40.0	Officer	$146,490	$16,437	$162,927
Mary Jeanie Daniel	Accounting Manager	20.0	Officer	$39,694	$2,896	$42,590
Richard Austin	Special Advisor to the Board of Directors	10.0	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
2025	$499,826	$505,106	$217,214	$-5,280
2024	$592,587	$780,106	$245,565	$-187,519
2023	$678,527	$1,206,125	$444,837	$-527,598
2022	$696,377	$1,009,689	$961,723	$-313,312
2020	$716,284	$836,875	$1,574,563	$-120,591
2019	$479,482	$828,007	$1,703,189	$-348,525
2018	$278,576	$920,431	$2,035,335	$-641,855