PROVIDENCE INDEPENDENT MEDICAL STAF

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

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 $30K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $18K, a strong 59% operating margin.

Mission

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

Program Service Accomplishments

Program 1

THE ORGANIZATION PROVIDED MONETARY RELIEF FOR CONTINUING MEDICAL EDUCATION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

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