TENNESSEE PODIATRIC MEDICAL ASSOCIATION

EIN: 621094658

SAINT PAUL, MN

Total Revenue
$548,470
Total Expenses
$431,888
Total Assets
$757,779
Net Assets
$756,343
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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
1974
Legal Domicile
TN
Principal Officer
JEFFREY LOVELAND DPM
Tax Period
2023-06-01 to 2024-05-31

TENNESSEE PODIATRIC MEDICAL ASSOCIATION, founded in 1974, is a small nonprofit that reported $548K in total revenue in fiscal year 2023. The organization ran a surplus of $117K, a strong 21% operating margin.

Mission

TPMA IS THE ADVOCATE FOR PODIATRIC PHYSICIANS AND SURGEONS IN TENNESSEE ENSURING THE HIGHEST QUALITY MEDICAL AND SURGICAL FOOT AND ANKLE CARE.

Program Service Accomplishments

Program 1
Expenses: $143,963

REPRESENTATION OF THE PROFESSIONS INERESTS AND POSITIONS TO THE INSTITUTIONS RESPONSIBLE FOR DEVELOPING AND ENFORCING HEALTH CARE POLICY.

Program 2
Expenses: $143,963

ENSURING ACCESS BY THE PUBLIC TO QUALITY PODIATRIC PATIENT CARE.

Program 3
Expenses: $143,962

PROTECTING AND ELEVATING THE EDUCATIONAL AND PRACTICE STANDARDS OF THE PODIATRIC 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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $548,470
Investment Income $0
Other Revenue $0
TOTAL REVENUE $548,470

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $431,888
Other Expenses $431,888
TOTAL EXPENSES $431,888

Year-over-Year Comparison

2023 2022 Change
Revenue $548,470 $529,888 +0.0%
Expenses $431,888 $443,257 0.0%
Net Income $116,582 $86,631 +0.3%
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
11
Independent Members
11
Employees
N/A
Volunteers
15

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
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRY SCHULMAN APMA HOD DELEGATE 1.00
Director
$0 $0 $0
PENINNAH KUMAR TRUSTEE 1.00
Director
$0 $0 $0
ROBERT APPLING TRUSTEE 1.00
Director
$0 $0 $0
JAMES HARRIS TRUSTEE 1.00
Director
$0 $0 $0
DAVID HARRISON TRUSTEE 1.00
Director
$0 $0 $0
ANN WOLFORD TRUSTEE 1.00
Director
$0 $0 $0
TRACY MERRELL TRUSTEE 1.00
Director
$0 $0 $0
J ALLEN SUDBERRY PRESIDENT 2.00
Officer Director
$0 $0 $0
JEFFREY LOVELAND TREASURER 2.00
Officer Director
$0 $0 $0
SUMMER WEARY VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
KELLY BUMPUS SECRETARY 2.00
Officer Director
$0 $0 $0
MARIT SIVERTSON EXECUTIVE DIRECTOR 20.00
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 $548,470 $431,888 $757,779 $116,582
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