COMMISSION ON ACCREDITATION FOR RESPIRATORY CARE

EIN: 752696563 501(c)(3) Health Care

TELFORD, TN

Total Revenue
$1,354,557
Total Expenses
$1,387,011
Total Assets
$2,866,895
Net Assets
$1,696,230
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
TN
Principal Officer
KEVIN O'NEIL MD COARC PRESIDENT
Phone
8172832835
Tax Period
2023-01-01 to 2023-12-31

COMMISSION ON ACCREDITATION FOR RESPIRATORY CARE, founded in 1997, is a community nonprofit in the Health Care sector that reported $1.4M in total revenue in fiscal year 2023.

Mission

ACCREDITATION SERVICES: COARC ACCREDITS FIRST PROFESSIONAL RESPIRATORY CARE DEGREE PROGRAMS AT THE ASSOCIATE, BACCALAUREATE, AND MASTERS DEGREE LEVEL IN THE UNITED STATES AND INTERNATIONALLY. THE COARC ALSO ACCREDITS PROFESSIONAL RESPIRATORY CARE DEGREE PROGRAMS OFFERING CERTIFICATES IN POLYSOMNOGRAPHY.

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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 $1,034,063
Program Service Revenue $232,557
Investment Income $39,852
Other Revenue $48,085
TOTAL REVENUE $1,354,557

Expense Breakdown

Grants Paid $0
Salaries & Benefits $803,872
Fundraising Expenses $0
Program Expenses $1,232,504
Other Expenses $583,139
TOTAL EXPENSES $1,387,011

Year-over-Year Comparison

2023 2022 Change
Revenue $1,354,557 $1,293,932 +0.0%
Expenses $1,387,011 $1,348,881 +0.0%
Net Income $-32,454 $-54,949 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
6
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
19
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN O'NEIL MD COARC PRESIDENT PRESIDENT 0.25
Officer Director
$0 $0 $0
SARAH VAREKOJIS PHD RRT AARC PRESIDENT-EL 0.25
Officer Director
$0 $0 $0
PAT MUNZER DHSC RRT FAARC AARC IMMEDIATE PA 0.25
Officer Director
$0 $0 $0
THOMAS HILL PHD RRT FAARC AT-LAR SECRETARY 0.25
Officer Director
$0 $0 $0
KELLI A CHRONISTER MS RRT-NPS TREASURER 0.25
Officer Director
$0 $0 $0
KATHY RYE EDD RRT FAARC AARC COMMISSIONER 0.25
Director
$0 $0 $0
DOUGLAS CLARKE MED PUBLIC REP COMMISSIONER 0.25
Director
$0 $0 $0
DIANE FLATLAND MS RRT-NPS CPFT COMMISSIONER 0.25
Director
$0 $0 $0
SHELLEY C MISHOE PHD FAARC FASAH COMMISSIONER 0.25
Director
$0 $0 $0
BILL GALVIN MSED RRT CPFT AE-C COMMISSIONER 0.25
Director
$0 $0 $0
KRISTEN MCHENRY EDD ACCS COMMISSIONER 0.25
Director
$0 $0 $0
MARBY MCKINNEY DHSC RRT RRT-ACCS COMMISSIONER 0.25
Director
$0 $0 $0
IAN J GILMOUR MD ASA COMMISSIONER 0.25
Director
$0 $0 $0
JILL SAND MED RRT AT-LARGE COMMISSIONER 0.25
Director
$0 $0 $0
BRADY SCOTT PHD RRT RRT-ACCS COMMISSIONER 0.25
Director
$0 $0 $0
ALAN R BARKER MD ATS COMMISSIONER 0.25
Director
$0 $0 $0
LINDSAY FOX MED RRT RRT-ACCS COMMISSIONER 0.25
Director
$0 $0 $0
KANDY WOODS MPH RRT AT LARGE COMMISSIONER 0.25
Director
$0 $0 $0
DANNY J THEODORE MD SCCM COMMISSIONER 0.25
Director
$0 $0 $0
THOMAS SMALLING CHIEF EXEC O 40.00
Highest
$196,548 $4,163 $200,711
SHANE KEENE DHSC CHIEF OPER O 40.00
Highest
$172,496 $24,831 $197,327
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 $1,354,557 $1,387,011 $2,866,895 $-32,454
2022 $1,293,932 $1,348,881 $2,175,589 $-54,949
2021 $1,100,740 $955,879 $2,450,761 $144,861
2020 $1,121,594 $931,847 $2,179,560 $189,747
2019 $1,261,948 $1,510,417 $1,714,345 $-248,469
2018 $1,120,231 $1,212,942 $2,039,626 $-92,711
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