AMERICAN COLLEGE FOR ADVANCEMENT IN MEDICINE (EIN 942247140) - Form 990 Financial Analysis & Trantor Score

🔒

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

1973

Legal Domicile

Phone

8005323688

Tax Period

2024-01-01 to 2024-12-31

AMERICAN COLLEGE FOR ADVANCEMENT IN MEDICINE, founded in 1973, is a small nonprofit that reported $203K in total revenue in fiscal year 2024. Expenses of $233K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE MISSION OF THE AMERICAN COLLEGE FOR ADVANCEMENT IN MEDICINE IS TO ADVANCE THE CLINICAL PRACTICE OF COMPLEMENTARY AND INTEGRATIVE MEDICINE AMONG HEALTHCARE PROFESSIONALS AND THE PUBLIC THROUGH EDUCATION, COLLABORATION, AND INNOVATIVE CLINICAL RESEARCH.

🔒

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 $0

Program Service Revenue $203,212

Investment Income $30

Other Revenue $0

TOTAL REVENUE $203,242

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $233,354

TOTAL EXPENSES $233,354

Year-over-Year Comparison

	2024	2023	Change
Revenue	$203,242	N/A	N/A
Expenses	$233,354	N/A	N/A
Net Income	$-30,112	N/A	N/A

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

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	Role	Reportable Comp	Other Comp	Total
ALLEN GREEN MD	Treasurer	Officer Director	$0	$0	$0
AHVIE HERSKOWITZ MD	President	Officer Director	$0	$0	$0
NEAL SPEIGHT MD	Secretary	Officer Director	$0	$0	$0
LEIGH ERIN CONNEALY MD	Director	Director	$0	$0	$0
TADASHI MITSUO MD	Director	Director	$0	$0	$0
MITCHELL GHEN MD	Director	Director	$0	$0	$0
DAVID DORNFELD MD	Director	Director	$0	$0	$0
MARJA VAN ENGELEN MD	Director	Director	$0	$0	$0
VERONICA HAYNES SCHMIDT	Executive Dir.	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
2024	$203,242	$233,354	$44,737	$-30,112
2022	$253,002	$273,093	$91,160	$-20,091
2019	$466,081	$498,279	$151,064	$-32,198
2018	$406,628	$331,622	$202,147	$75,006

AMERICAN COLLEGE FOR ADVANCEMENT IN MEDICINE