UNIFIED MEDICAL EQUIPMENT SOLUTION… - Form 990 Financial Data

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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

2021

Legal Domicile

Principal Officer

LAURA GILLENWATER

Phone

5013804772

Tax Period

2023-10-01 to 2024-09-30

UNIFIED MEDICAL EQUIPMENT SOLUTIONS INC, founded in 2021, is a community nonprofit in the Health Care sector that reported $2.6M in total revenue in fiscal year 2023. Revenue surged 86% from the prior year, signaling strong growth momentum. Expenses of $2.5M left a modest 4% surplus.

Mission

TO PROVIDE DURABLE MEDICAL EQUIPMENT, ORTHOTICS AND PROSTHETICS TO INDIVIDUALS WHO REQUIRE THOSE SERVICES. IF PATIENT IS INDIGENT, THE SERVICES ARE PROVIDED AT NO CHARGE.

Program Service Accomplishments

Program 1

Expenses: $2,531,463 Revenue: $2,643,741

TO PROVIDE DURABLE MEDICAL EQUIPMENT, ORTHOTICS AND PROSTHETICS TO INDIVIDUALS WHO REQUIRE THOSE SERVICES. IF PATIENT IS INDIGENT, THE SERVICES ARE PROVIDED AT NO CHARGE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,643,741

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,643,741

Expense Breakdown

Grants Paid $0

Salaries & Benefits $953,258

Fundraising Expenses $0

Program Expenses $2,531,463

Other Expenses $1,595,480

TOTAL EXPENSES $2,548,738

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,643,741	$1,420,320	+0.9%
Expenses	$2,548,738	$2,272,030	+0.1%
Net Income	$95,003	$-851,710	-1.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$1,135,063

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK AMOX	BOARD MEMBER - PART YEAR	1.00	Director	$0	$19,201	$527,017
STUART HILL	BOARD MEMBER	1.00	Director	$0	$30,520	$356,537
STEPHEN COLLIER	BOARD MEMBER	1.00	Director	$0	$0	$0
TALMAGE WHITEHEAD	BOARD MEMBER	1.00	Director	$0	$0	$0
LADONNA JOHNSTON	BOARD MEMBER - PART YEAR	1.00	Director	$0	$34,941	$251,509

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	$2,643,741	$2,548,738	$3,352,439	$95,003
2023	$1,420,320	$2,272,030	$1,748,124	$-851,710

UNIFIED MEDICAL EQUIPMENT SOLUTIONS INC