The Society for Worldwide Medical Exchange Inc

EIN: 800417187 501(c)(3) Diseases & Disorders

N Bay Village, FL

Total Revenue
$556,726
Total Expenses
$496,565
Total Assets
$221,965
Net Assets
$-308,691
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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
2009
Legal Domicile
FL
Principal Officer
Marta Fasoli
Phone
3054079222
Tax Period
2024-01-01 to 2024-12-31

The Society for Worldwide Medical Exchange Inc, founded in 2009, is a small nonprofit in the Diseases & Disorders sector that reported $557K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $497K left a modest 11% surplus.

Mission

A vision of a united global medical community to provide necessary funding.

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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 $0
Program Service Revenue $557,540
Investment Income $-814
Other Revenue $0
TOTAL REVENUE $556,726

Expense Breakdown

Grants Paid $424,418
Salaries & Benefits $53,159
Fundraising Expenses $0
Program Expenses $424,418
Other Expenses $18,988
TOTAL EXPENSES $496,565

Year-over-Year Comparison

2024 2023 Change
Revenue $556,726 $763,141 -0.3%
Expenses $496,565 $747,235 -0.3%
Net Income $60,161 $15,906 +2.8%
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
3
Independent Members
3
Employees
1
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marta Fasoli Director 1.00
Director
$0 $0 $0
Jane Bresica Director 1.00
Director
$0 $0 $0
David Filler Director 1.00
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
2024 $556,726 $496,565 $221,965 $60,161
2023 $763,141 $747,235 $149,995 $15,906
2022 $406,689 $414,350 $408,690 $-7,661
2021 $32,579 $9,239 $359,909 $23,340
2020 $74,365 $73,958 $171,555 $407
2019 $522,834 $510,723 $319,165 $12,111
2018 $688,701 $688,206 $75,050 $495
2017 $27,830 $33,267 $2,070 $-5,437
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