MGMA CENTER FOR RESEARCH INC

EIN: 840647139 501(c)(3) Health Care

ENGLEWOOD, CO

Total Revenue
$12,942
Total Expenses
$6,891
Total Assets
$1,565,116
Net Assets
$376,312
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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
1973
Legal Domicile
CO
Principal Officer
AKASH MADIAH
Phone
3037991111
Tax Period
2024-07-01 to 2025-06-30

MGMA CENTER FOR RESEARCH INC, founded in 1973, is a micro nonprofit in the Health Care sector that reported $13K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $6K, a strong 47% operating margin.

Mission

IMPROVE THE PERFORMANCE OF MEDICAL GROUP PROFESSIONALS AND THE ORGANIZATIONS THEY REPRESENT.

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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 $0
Investment Income $12,942
Other Revenue $0
TOTAL REVENUE $12,942

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $6,891
TOTAL EXPENSES $6,891

Year-over-Year Comparison

2024 2023 Change
Revenue $12,942 $16,896 -0.2%
Expenses $6,891 $6,763 +0.0%
Net Income $6,051 $10,133 -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

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
10
Independent Members
9
Employees
N/A
Volunteers
6

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
9
$3,428,801
Total Directors
11
$50,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC D CROCKETT BOARD CHAIR 1.00
Officer Director
$0 $0 $20,000
JENNIFER GOSNEY VICE CHAIR 1.00
Officer Director
$0 $0 $10,000
RICHARD T SCHLOSBERG FINANCE/AUDIT CHAIR 1.00
Officer Director
$0 $0 $10,000
JEFFREY W SMITH PAST BOARD CHAIR 1.00
Officer Director
$0 $0 $5,000
RAMI RIHANI FINANCE/AUDIT VICE CHAIR 1.00
Officer Director
$0 $0 $5,000
JASON CRAIG MEMBER AT LARGE 1.00
Director
$0 $0 $0
MICHAEL T FUNK MEMBER AT LARGE 1.00
Director
$0 $0 $0
GENA A GRAVES MEMBER AT LARGE 1.00
Director
$0 $0 $0
STEVEN QUACH MEMBER AT LARGE 1.00
Director
$0 $0 $0
TONY STAJDUHAR MEMBER AT LARGE 1.00
Director
$0 $0 $0
PETER VALENZUELA MEMBER AT LARGE (THRU 10/24) 1.00
Director
$0 $0 $0
HALEE FISCHER-WRIGHT PRESIDENT/CEO 2.00
Officer
$0 $69,471 $1,718,095
AKASH MADIAH COO/CFO 2.00
Officer
$0 $45,073 $672,947
ANDREW SWANSON CHIEF REVENUE OFFICER 2.00
Officer
$0 $76,991 $564,048
RONALD HOLDER FORMER COO 2.00
Officer
$0 $21,133 $423,711
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 $12,942 $6,891 $1,565,116 $6,051
2024 $16,896 $6,763 $1,530,817 $10,133
2023 $60,305 $6,458 $1,498,987 $53,847
2022 $8,971 $7,251 $1,478,894 $1,720
2021 $6,276 $6,971 $1,535,704 $-695
2020 $30,003 $6,860 $1,453,717 $23,143
2019 $12,172 $8,438 $1,465,508 $3,734
2018 $198,517 $10,586 $1,461,629 $187,931
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