REMOTE AREA MEDICAL

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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

1985

Legal Domicile

Principal Officer

JEFF EASTMAN

Phone

8655791530

Tax Period

2024-01-01 to 2024-12-31

REMOTE AREA MEDICAL, founded in 1985, is a mid-sized nonprofit in the International Affairs sector that reported $11.5M in total revenue in fiscal year 2024. Revenue surged 109% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 23% operating margin.

Mission

TO PREVENT PAIN AND ALLEVIATE SUFFERING BY PROVIDING FREE QUALITY HEALTHCARE TO THOSE IN NEED.

Program Service Accomplishments

Program 1

Expenses: $7,097,392 Revenue: $1,663,611

VOLUNTEER TEAMS PROVIDE FREE MEDICAL CARE TO PATIENTS IN THE UNITED STATES AND OTHER COUNTRIES. RAM SERVED 36,194 PATIENTS IN 2024, 4,181 WERE SERVED IN VARIOUS PARTS OF THE PHILIPPINES. THERE WERE 18,994 VOLUNTEERS (78 IN THE PHILLIPINES) ENGAGED TO PERFORM THESE SERVICES AT 176 CLINICS THROUGHOUT THE US AND 7 IN THE PHILIPPINES. VALUE OF CARE IS ESTIMATED AT $14,847,417.

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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 $9,747,242

Program Service Revenue $0

Investment Income $1,655,856

Other Revenue $48,836

TOTAL REVENUE $11,451,934

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,842,769

Fundraising Expenses $629,572

Program Expenses $7,097,392

Other Expenses $3,930,436

TOTAL EXPENSES $8,773,205

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,451,934	$5,483,901	+1.1%
Expenses	$8,773,205	$8,565,613	+0.0%
Net Income	$2,678,729	$-3,081,712	-1.9%

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

18994

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

$349,888

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN MYERS	PRESIDENT	2.00	Officer Director	$0	$0	$0
CHRIS SAWYER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN OSBORN	SECRETARY	2.00	Officer Director	$0	$0	$0
JANET SOUTHERLAND	DIRECTOR	1.00	Director	$0	$0	$0
HAZEL HARPER	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH GIAMBACORDA	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT DENOVO	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE HUGHES	DIRECTOR	1.00	Director	$0	$0	$0
DOUG BEELER	DIRECTOR	2.00	Director	$0	$0	$0
ADAM CARERRA	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN SWANN	DIRECTOR	1.00	Director	$0	$0	$0
HARRY SCHUSTER	DIRECTOR	1.00	Director	$0	$0	$0
JIM LARA	DIRECTOR	1.00	Director	$0	$0	$0
JEFF EASTMAN	CHIEF EXECUTIVE OFFICE	40.00	Officer	$166,794	$0	$166,794
CHRIS HALL	CHIEF OPERATIONS OFFICER	40.00	Officer	$183,094	$0	$183,094
RON DAY	CHIEF DEVELOPMENT OFFICER	40.00	Officer	$0	$0	$0
ERIC HUTCHINSON	CHIEF MARKETING OFFICER	40.00	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	$11,451,934	$8,773,205	$20,430,447	$2,678,729
2023	$5,483,901	$8,565,613	$17,589,895	$-3,081,712
2022	$8,985,608	$6,360,689	$20,495,377	$2,624,919
2021	$7,264,096	$4,506,373	$17,905,708	$2,757,723
2020	$6,424,558	$4,336,552	$15,046,058	$2,088,006
2020	$6,424,558	$4,336,552	$15,046,058	$2,088,006
2018	$5,460,677	$4,450,848	$13,034,375	$1,009,829