NORTH EAST MEDICAL SERVICES FOUNDA… - 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

1992

Legal Domicile

Principal Officer

ANNE D BRANDON JD

Phone

4153919686

Tax Period

2024-01-01 to 2024-12-31

NORTH EAST MEDICAL SERVICES FOUNDATION, founded in 1992, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. The organization ran a surplus of $694K, a strong 61% operating margin.

Mission

NEMS FOUNDATION PROVIDES SUPPORTIVE SERVICES TO OTHER NON-PROFIT ORGANIZATIONS.

Program Service Accomplishments

Program 1

Expenses: $258,870 Revenue: $936,305

NEMS FOUNDATION LEASES ITS SAN FRANCISCO FACILITIES AT LELAND AVENUE NORIEGA STREET AND CLEMENT STREET, TO NORTH EAST MEDICAL SERVICES (NEMS) TO PROVIDE PRIMARY HEALTH SERVICES TO THE POPULATION IT...

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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 (2024)

Revenue Breakdown

Contributions & Grants $69,453

Program Service Revenue $936,305

Investment Income $124,935

Other Revenue $7,939

TOTAL REVENUE $1,138,632

Expense Breakdown

Grants Paid $153,988

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $258,870

Other Expenses $291,063

TOTAL EXPENSES $445,051

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,138,632	$1,117,184	+0.0%
Expenses	$445,051	$483,931	-0.1%
Net Income	$693,581	$633,253	+0.1%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNE D BRANDON JD	CHAIR	1.00	Officer Director	$0	$0	$0
NANCY HUANG PHARM D	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
PATRICK BURNS	SECRETARY & TREASURER	1.00	Officer Director	$0	$0	$0
ALICIA BARELA	MEMBER	1.00	Director	$0	$0	$0
BONNIE KO SIU	MEMBER	1.00	Director	$0	$0	$0
WILLIAM H YIM	MEMBER	1.00	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	$1,138,632	$445,051	$16,273,502	$693,581
2023	$1,117,184	$483,931	$14,396,024	$633,253
2022	$1,007,055	$361,094	$13,787,635	$645,961
2021	$945,556	$315,276	$13,248,713	$630,280
2020	$878,584	$394,591	$12,649,464	$483,993
2019	$849,222	$360,967	$12,243,962	$488,255
2018	$652,354	$449,707	$11,841,864	$202,647

NORTH EAST MEDICAL SERVICES FOUNDATION