BROWARD COUNTY MEDICAL ASSOCIATION INC

EIN: 590834012

MIAMI, FL

Total Revenue
$152,346
Total Expenses
$146,572
Total Assets
$132,165
Net Assets
$-1,537
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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
1926
Legal Domicile
FL
Principal Officer
FRASER COBBE
Phone
9547149477
Tax Period
2024-01-01 to 2024-12-31

BROWARD COUNTY MEDICAL ASSOCIATION INC, founded in 1926, is a small nonprofit that reported $152K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $147K left a modest 4% surplus.

Mission

TO PROMOTE AND PRESERVE THE HIGHEST STANDARDS OF MEDICAL CARE AND FOSTER THE ETHICAL PRINCIPLES OF THE MEDICAL PROFESSION.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $87,667
Program Service Revenue $31,865
Investment Income $3,593
Other Revenue $29,221
TOTAL REVENUE $152,346

Expense Breakdown

Grants Paid $0
Salaries & Benefits $69,411
Fundraising Expenses $0
Other Expenses $77,161
TOTAL EXPENSES $146,572

Year-over-Year Comparison

2024 2023 Change
Revenue $152,346 $199,313 -0.2%
Expenses $146,572 $236,649 -0.4%
Net Income $5,774 $-37,336 -1.2%
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

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Governance

Voting Members
15
Independent Members
15
Employees
2
Volunteers
20

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
6
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VANIA FERNANDEZ MD President Elect 0.50
Director
$0 $0 $0
SHAHNAZ FATTEH MD Director 0.50
Director
$0 $0 $0
KUTTY CHANDRAN MD Director 0.50
Director
$0 $0 $0
DANA WALLACE MD Director 0.50
Director
$0 $0 $0
SANFORD SILVERMAN MD Director 0.50
Director
$0 $0 $0
DAVID PERLOFF MD Director 0.50
Director
$0 $0 $0
AARON ELKIN MD Director 0.50
Director
$0 $0 $0
RALPH ZAGHA MD Director 0.50
Director
$0 $0 $0
DAVID KENIGSBERG MD Director 0.50
Director
$0 $0 $0
ANELE MANFREDINI MD Director 0.50
Director
$0 $0 $0
SAMUEL HAMMER CPA Director 0.50
Director
$0 $0 $0
CYNTHIA S PETERSON CEO 40.00
Officer
$0 $0 $0
ANTONIO WONG MD Vice President 0.50
Officer
$0 $0 $0
VASANA CHEANVECHAI MD Treasurer 0.50
Officer
$0 $0 $0
ABRAM BERENS MD President 0.50
Officer
$0 $0 $0
SIDNEY COUPET MD Secretary 0.50
Officer
$0 $0 $0
RAMSEY PEVSNER MD Chairman 0.50
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 $152,346 $146,572 $132,165 $5,774
2023 $199,313 $236,649 $216,989 $-37,336
2022 $159,500 $236,572 $246,100 $-77,072
2021 $200,959 $252,760 $332,742 $-51,801
2020 $163,133 $241,474 $435,030 $-78,341
2019 $153,643 $250,347 $358,033 $-96,704
2018 $219,424 $249,454 $385,676 $-30,030
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