ADMINISTRATORS IN MEDICINE INC

EIN: 742329314

RALEIGH, NC

Total Revenue
$153,717
Total Expenses
$116,867
Total Assets
$833,614
Net Assets
$832,395
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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
1984
Legal Domicile
VT
Principal Officer
PATRICIA MCSORLEY
Phone
9195735445
Tax Period
2022-07-01 to 2023-06-30

ADMINISTRATORS IN MEDICINE INC, founded in 1984, is a small nonprofit that reported $154K in total revenue in fiscal year 2022. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $37K, a strong 24% operating margin.

Mission

TO ASSIST AND SUPPORT ADMINISTRATORS FOR MEDICAL LICENSING AND REGULATORY AUTHORITIES TO ACHIEVE ADMININSTRATIVE EXCELLENCE AND ULTIMATELY ADVANCE PUBLIC SAFETY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $24,500
Program Service Revenue $117,025
Investment Income $12,192
Other Revenue $0
TOTAL REVENUE $153,717

Expense Breakdown

Grants Paid $368
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $116,499
TOTAL EXPENSES $116,867

Year-over-Year Comparison

2022 2021 Change
Revenue $153,717 $196,335 -0.2%
Expenses $116,867 $672,180 -0.8%
Net Income $36,850 $-475,845 -1.1%
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

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Governance

Voting Members
9
Independent Members
9
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
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN BOHALL DIRECTOR N/A
Director
$0 $0 $0
MARGARET B HANSEN PA-C CMBE TREASURER N/A
Officer Director
$0 $0 $0
SANDRA DEPOUNTIS DIRECTOR N/A
Director
$0 $0 $0
AMY EMBRY SECRETARY N/A
Officer Director
$0 $0 $0
KEVIN BOHNENBLUST JD PAST PRESIDE N/A
Officer Director
$0 $0 $0
PATRICIA MCSORLEY PRESIDENT N/A
Officer Director
$0 $0 $0
MICHAEL RODMAN DIRECTOR N/A
Director
$0 $0 $0
MARK SPANGLER VICE PRESIDE N/A
Officer Director
$0 $0 $0
TIMOTHY TERRANOVA DIRECTOR N/A
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $153,717 $116,867 $833,614 $36,850
2022 $196,335 $672,180 $763,695 $-475,845
2021 $195,877 $105,740 $1,320,381 $90,137
2020 $251,913 $187,346 $1,049,033 $64,567
2019 $250,882 $164,907 $984,929 $85,975
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