THE TEDMED FOUNDATION

EIN: 812485592 501(c)(3) Medical Research

STAMFORD, CT

Total Revenue
$108,010
Total Expenses
$1,206,106
Total Assets
$63,927,382
Net Assets
$63,919,702
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
CT
Principal Officer
KAREN ROMAINE
Phone
2034617121
Tax Period
2023-01-01 to 2023-12-31

THE TEDMED FOUNDATION, founded in 2016, is a small nonprofit in the Medical Research sector that reported $108K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 1017% operating deficit.

Mission

TEDMED BRIDGES THE GAP BETWEEN SCIENCE AND THE PUBLIC BY FINDING AND SHARING STORIES THAT INFORM, INSPIRE, ENGAGE AND PROVOKE ACTION ACROSS A BROAD, PASSIONATE COMMUNITY BOTH INSIDE AND OUTSIDE OF HEALTH AND MEDICINE. TEDMED VALUES INCLUSIVENESS, MULTI-DISCIPLINARY COLLABORATION AND DIVERSITY IN ITS MISSION TO CATALYZE A HEALTHIER WORLD. OUR ANNUAL EVENT BRINGS THE WORLD TOGETHER TO FOCUS ON WHATS NEW AND IMPORTANT IN HEALTH AND MEDICINE. WE FORGE PARTNERSHIPS WITH INDUSTRY LEADERS, MEDICAL RESEARCH INSTITUTIONS, THINK TANKS, GOVERNMENT AGENCIES AND FOUNDATIONS, TO ENSURE THAT CUTTING-EDGE BIOMEDICAL THINKING, INNOVATION IN HEALTHCARE AND LARGE SCALE GLOBAL PUBLIC HEALTH OPPORTUNITIES ARE SHARED ACROSS DISCIPLINES AND MADE ACCESSIBLE TO THE PUBLIC AT LARGE. YEAR-ROUND, TEDMED ENGAGES A COMMUNITY OF DEDICATED CHANGE-MAKERS IN DYNAMIC CONVERSATIONS THROUGH SOCIAL MEDIA, TEDMED TALKS AND A VARIETY OF PROGRAMMATIC EFFORTS LEVERAGING DYNAMIC PARTNERSHIPS.

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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 $0
Investment Income $108,010
Other Revenue $0
TOTAL REVENUE $108,010

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $103,126
Other Expenses $1,206,106
TOTAL EXPENSES $1,206,106

Year-over-Year Comparison

2023 2022 Change
Revenue $108,010 $82,457 +0.3%
Expenses $1,206,106 $1,231,472 0.0%
Net Income $-1,098,096 $-1,149,015 0.0%
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
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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOROTHY BAHNA VICE CHAIR N/A
Director
$0 $0 $0
EILEEN WALKER CHAIRPERSON N/A
Director
$0 $0 $0
JAY WALKER BOD N/A
Director
$0 $0 $0
KAREN ROMAINE CFO N/A
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 No data No data No data No data
2023 $108,010 $1,206,106 $63,927,382 $-1,098,096
2022 $82,457 $1,231,472 $64,524,405 $-1,149,015
2021 $79,032 $1,153,292 $65,852,327 $-1,074,260
2020 $2,366,708 $3,625,871 $66,548,780 $-1,259,163
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