PROVIDENCE INDEPENDENT MEDICAL STAF

EIN: 852580266 501(c)(3) Education

MOBILE, AL

Total Revenue
$30,459
Total Expenses
$12,371
Total Assets
$438,696
Net Assets
$438,696
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
AL
Principal Officer
EMILIE O HALLFORD
Phone
2512661387
Tax Period
2024-01-01 to 2024-12-31

PROVIDENCE INDEPENDENT MEDICAL STAF, founded in 2020, is a micro nonprofit in the Education sector that reported $8K in total revenue in fiscal year 2020. The organization ran a surplus of $2K, a strong 28% operating margin.

Mission

THE ORGANIZATION PRIMARILY EXIST TO ASSIST IN THE COST AND PRODUCTION OF CONTINUING MEDICAL EDUCATIONS OF MEDICAL PROFESSIONALS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,550
Program Service Revenue $0
Investment Income $16,909
Other Revenue $0
TOTAL REVENUE $30,459

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $8,369
Other Expenses $12,371
TOTAL EXPENSES $12,371

Year-over-Year Comparison

2024 2023 Change
Revenue $30,459 $32,858 -0.1%
Expenses $12,371 $10,433 +0.2%
Net Income $18,088 $22,425 -0.2%
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

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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
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
D LAWRENCE BEDSOLE BOARD MEMBER N/A
Officer Director
$0 $0 $0
DAVID C BRASWELL BOARD MEMBER N/A
Officer Director
$0 $0 $0
EMILIE O HALLFORD BOARD MEMBER N/A
Officer 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 $30,459 $12,371 $438,696 $18,088
2023 $32,858 $10,433 $421,181 $22,425
2022 $10,234 $7,488 $398,756 $2,746
2021 $21,325 $38,638 $396,010 $-17,313
2020 $8,000 $5,739 $413,323 $2,261
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