AMERICAN ASSOCIATION OF MEDICAL AUDIT SPECIALISTS (EIN 650573775) - 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

1994

Legal Domicile

Principal Officer

RUTH GAHAN

Phone

4149084912

Tax Period

2023-01-01 to 2023-12-31

AMERICAN ASSOCIATION OF MEDICAL AUDIT SPECIALISTS, founded in 1994, is a micro nonprofit that reported $39K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $68K exceeded revenue, resulting in a 72% operating deficit.

Mission

DEVELOP AND PROMOTE AN ENVIRONMENT CONDUSIVE TO THE OPEN EXCHANGE OF INFORMATION PERTINENT TO MEDICAL COST CONTAINMENT, DEVELOP AND IMPLEMENT CRITERION FOR PROFESSIONAL PERFORMANCE OF INDIVIDUALS INVOLVED IN MEDICAL COST CONTAINMENT, IMPLEMENT NATIONAL STANDARDS FOR TESTING AND CERTIFYING INDIVIDUALS

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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 $20,648

Program Service Revenue $18,785

Investment Income $40

Other Revenue $0

TOTAL REVENUE $39,473

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $68,060

TOTAL EXPENSES $68,060

Year-over-Year Comparison

	2023	2022	Change
Revenue	$39,473	$50,382	-0.2%
Expenses	$68,060	$49,703	+0.4%
Net Income	$-28,587	$679	-43.1%

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

N/A

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
RUTH GAHAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARY STITES	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MELISSA BOSVERT	SECRETARY	2.00	Officer Director	$0	$0	$0
KATHLEEN STANFORD	CERTIFICATION CHAIR	2.00	Director	$0	$0	$0
LAURIE LAXTON	CERTIFICATION CHAIR	2.00	Director	$0	$0	$0
ERNESTO MITCHEL	NOMINATING CHAIR	2.00	Director	$0	$0	$0
PATRICIA HODNEY-GOULD	MEMBERSHIP CHAIR	2.00	Director	$0	$0	$0
EVONNE SCHIAPPACASSE	SOCIAL MEDIA CHAIR	2.00	Director	$0	$0	$0
MARCELLE NORGAN	BOARD MENTEE	2.00	Director	$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
2023	$39,473	$68,060	$23,657	$-28,587
2022	$50,382	$49,703	$57,382	$679
2021	$52,676	$47,169	$58,069	$5,507
2020	$60,967	$47,955	$54,759	$13,012
2019	$64,965	$83,579	$33,070	$-18,614
2018	$53,737	$101,226	$50,986	$-47,489

AMERICAN ASSOCIATION OF MEDICAL AUDIT SPECIALISTS