Minnesota Mobile Resuscitation Consortium

EIN: 843106107 501(c)(3)

Minneapolis, MN

Total Revenue
$2,793,862
Total Expenses
$2,068,720
Total Assets
$1,175,632
Net Assets
$1,167,432
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MN
Principal Officer
Jason Bartos MD
Phone
6126268213
Tax Period
2022-07-01 to 2023-06-30

Minnesota Mobile Resuscitation Consortium, founded in 2019, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2022. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $725K, a strong 26% operating margin.

Mission

The Minnesota Mobile Resuscitation Consortium (MMRC) is a community consortium consisting of health care systems with a mission to implement a rapid response medical strategy to provide Minnesota the highest survival in the world from out of hospital cardiac arrest. Highly specialized, critical care teams consisting of MDs, nurses, and paramedics from participating health care systems are deployed to hospital emergency departments across the metro region, to intensively intervene in cardiac arrest cases by beginning extracorporeal membrane oxygenation (ECMO) and other critical care services with a target of 911-call to ECMO support less than 40 minutes. Mobile ECMO will address those defibrillated patients who do not get a pulse back and will increase their survival rate by providing state of the art care until the problematic heart rhythm and cause of the arrest can be addressed in a hospital setting. MMRC's service program will significantly improve survival rates for cardiac arrest

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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 $2,113,862
Program Service Revenue $680,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,793,862

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,897,472
Other Expenses $2,068,720
TOTAL EXPENSES $2,068,720

Year-over-Year Comparison

2022 2021 Change
Revenue $2,793,862 $1,798,457 +0.6%
Expenses $2,068,720 $1,467,886 +0.4%
Net Income $725,142 $330,571 +1.2%
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

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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
3

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Welton MD Director 1.00
Director
$0 $0 $0
Greg Beilman MD Director 1.00
Director
$0 $0 $0
Kurt Isenberger MD Director 1.00
Director
$0 $0 $0
Jason Bartos MD President 1.00
Officer
$0 $0 $0
Kim Harkins Secretary 1.00
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
2023 $2,793,862 $2,068,720 $1,175,632 $725,142
2022 $1,798,457 $1,467,886 $1,187,690 $330,571
2021 $779,642 $902,923 $219,335 $-123,281
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