SAN DIEGO EMERGENCY MEDICAL ASSOCIATES INC

EIN: 992216878 Health Care

ESCONDIDO, CA

Total Revenue
$3,930,638
Total Expenses
$3,335,636
Total Assets
$811,982
Net Assets
$595,002
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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
2024
Legal Domicile
CA
Principal Officer
THOMAS VELKY
Phone
8588693426
Tax Period
2024-03-22 to 2024-12-31

SAN DIEGO EMERGENCY MEDICAL ASSOCIATES INC, founded in 2024, is a community nonprofit in the Health Care sector that reported $3.9M in total revenue in fiscal year 2024. The organization ran a surplus of $595K, a strong 15% operating margin.

Mission

TO CONTRACT WITH PHYSICIANS TO PROVIDE RELIABLE ON-CALL COVERAGE TO THE HOSPITALS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,930,638
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,930,638

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,335,460
Other Expenses $3,335,636
TOTAL EXPENSES $3,335,636

Year-over-Year Comparison

2024 2023 Change
Revenue $3,930,638 N/A N/A
Expenses $3,335,636 N/A N/A
Net Income $595,002 N/A N/A
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

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Governance

Voting Members
4
Independent Members
4
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS VELKY MD PRESIDENT & CEO 0.25
Officer Director
$0 $0 $0
RICHARD ENGEL MD TREASURER & SECRETARY 0.25
Officer Director
$0 $0 $0
PHIL YPHANTIDES MD DIRECTOR 0.25
Director
$0 $0 $0
RUSS RIEHL CEO OF PHMG DIRECTOR 0.25
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 $3,930,638 $3,335,636 $811,982 $595,002
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