Civic Intelligence

Emergency Medicine Residents' Association

EIN 75-2097176 • 501(c)6 • Dallas, TX

Profile

Emra promotes excellence in patient care through the education and development of emergency medicine residency-trained physicians.

PO Box 619911Dallas, TX 75261-9911

www.emra.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

48th percentile

0.19x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.52x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

13th percentile

$0

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

91st percentile

30%

Faster asset growth than 91% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-3.1%

Faster revenue growth than 21% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$9,318,268

Up $2,148,426 (+30%) from 2023

Liabilities

Up

$1,794,395

Up $714,907 (+66%) from 2023

Net Assets

Up

$7,523,873

Up $1,433,519 (+24%) from 2023

Revenue

Down

$3,449,671

Down $110,840 (-3.1%) from 2023

Expenses

Down

$3,068,585

Down $23,193 (-0.8%) from 2023

Net Income

Down

$381,086

Down $87,647 (-19%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2011: $0Liabilities 2011: $633,431Net Assets 2011: -$633,4312011Assets 2012: $2,883,094Liabilities 2012: $817,011Net Assets 2012: $2,066,0832012Assets 2013: $3,829,579Liabilities 2013: $1,370,079Net Assets 2013: $2,459,5002013Assets 2014: $3,512,658Liabilities 2014: $721,576Net Assets 2014: $2,791,0822014Assets 2015: $3,717,573Liabilities 2015: $858,689Net Assets 2015: $2,858,8842015Assets 2016: $3,711,938Liabilities 2016: $765,890Net Assets 2016: $2,946,0482016Assets 2017: $4,813,198Liabilities 2017: $1,008,028Net Assets 2017: $3,805,1702017Assets 2018: $5,375,149Liabilities 2018: $1,299,254Net Assets 2018: $4,075,8952018Assets 2019: $5,399,503Liabilities 2019: $1,561,745Net Assets 2019: $3,837,7582019Assets 2020: $4,926,482Liabilities 2020: $1,018,472Net Assets 2020: $3,908,0102020Assets 2021: $6,413,964Liabilities 2021: $932,163Net Assets 2021: $5,481,8012021Assets 2022: $6,160,821Liabilities 2022: $882,276Net Assets 2022: $5,278,5452022Assets 2023: $7,169,842Liabilities 2023: $1,079,488Net Assets 2023: $6,090,3542023Assets 2024: $9,318,268Liabilities 2024: $1,794,395Net Assets 2024: $7,523,8732024

Highlighted filing

2024

Assets$9,318,268
Liabilities$1,794,395
Net Assets$7,523,873

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,805,049Expenses 2011: $1,434,041Net Income 2011: $371,0082011Expenses 2012: $1,573,0052012Expenses 2013: $1,900,5012013Revenue 2014: $2,836,207Expenses 2014: $2,736,235Net Income 2014: $99,9722014Revenue 2015: $2,280,955Expenses 2015: $2,139,154Net Income 2015: $141,8012015Revenue 2016: $2,535,539Expenses 2016: $2,251,742Net Income 2016: $283,7972016Revenue 2017: $2,755,967Expenses 2017: $2,350,428Net Income 2017: $405,5392017Revenue 2018: $2,619,545Expenses 2018: $2,785,644Net Income 2018: -$166,0992018Revenue 2019: $3,209,770Expenses 2019: $3,385,385Net Income 2019: -$175,6152019Revenue 2020: $3,299,106Expenses 2020: $3,128,032Net Income 2020: $171,0742020Revenue 2021: $3,106,617Expenses 2021: $2,255,666Net Income 2021: $850,9512021Revenue 2022: $3,551,666Expenses 2022: $2,814,499Net Income 2022: $737,1672022Revenue 2023: $3,560,511Expenses 2023: $3,091,778Net Income 2023: $468,7332023Revenue 2024: $3,449,671Expenses 2024: $3,068,585Net Income 2024: $381,0862024

Highlighted filing

2024

Revenue$3,449,671
Expenses$3,068,585
Net Income$381,086

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.32$1.79$7.52$3.45$3.07$0.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.17$1.08$6.09$3.56$3.09$0.47
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.16$0.88$5.28$3.55$2.81$0.74
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.41$0.93$5.48$3.11$2.26$0.85
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.93$1.02$3.91$3.30$3.13$0.17
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.40$1.56$3.84$3.21$3.39$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.38$1.30$4.08$2.62$2.79$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.81$1.01$3.81$2.76$2.35$0.41
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.71$0.77$2.95$2.54$2.25$0.28
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.72$0.86$2.86$2.28$2.14$0.14
2014Detailed filing. Detailed filing data is available for this year.$3.51$0.72$2.79$2.84$2.74$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.83$1.37$2.46$1.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.88$0.82$2.07$1.57
2011Summary only. Only limited summary data is available for this year.$0.00$0.63$0.63$1.81$1.43$0.37
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$3,551,666
Mission and Program Overview

Mission

The Emergency Medicine Residents Association is the voice of emergency medicine physicians-in-training and the future of our specialty.

Emra promotes the interest of emergency medicine physicians-in-training through a valuable member experience and a supportive community, and develops diverse leaders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,343,520$3,807,021▼ $536,499
Cash and Non-Interest-Bearing Accounts$935,978$1,319,504▲ $383,526
Accounts Receivable$291,464$393,085▲ $101,621
Inventories for Sale or Use$367,934$338,726▼ $29,208
Land, Buildings, and Equipment, Net$399,200$201,697▼ $197,503
Prepaid Expenses and Deferred Charges$75,868$100,788▲ $24,920
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$6,413,964$6,160,821▼ $253,143
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$498,925$622,416▲ $123,491
Accounts Payable and Accrued Expenses$433,238$259,860▼ $173,378
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$932,163$882,276▼ $49,887
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,481,801$5,278,545▼ $203,256
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$5,481,801$5,278,545▼ $203,256
Total Liabilities and Net Assets / Fund Balance$6,413,964$6,160,821▼ $253,143

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$201,697$859,157$1,060,854
Compensation and Service Providers

Board Members and Trustees

NameTitle
Hannah Hughes Md MbaIMMED PAST-PRESIDENT End:10/21
Rj Sontag MdPresident
Abbey Smiley MDPresident Elect START:10/21
Angela Cai Md MbaPRESIDENT ELECT/President
Blake Denley MDBoard Member START:10/21
Maggie Moran MdDirector Health Policy
Yevgeniy Maksimenko MdDirector Leadership Dev
Erin Karl MDDirector of EDUCAT START:10/21
Deena Khamees MdDirector OF EDUCATION End:10/21
Nick Salerno MdDIRECTOR OF TECH End:10/21
Bob RamseyExecutive Director 8/21-2/22
Michele ByersEXECUTIVE DIRECTOR End:8/21
Lacrecia WilliamsExecutive Director Start:03/22
Nicholas P Cozzi Md MbaAcep Rep
Priyanka Lauber DoSEC./EM RES EDITOR End:10/21
Jessica Adkins Murphy MDSec./EM Res Editor START:10/21
Ashley Tarchione MdVice Speaker Council
Tracy Marko Md Phd MsVice Speaker Council
Amanda Irish MD MPHVICE-Speaker Counc START:10/21

Highest Paid Contractors

ContractorServicesLocationCompensation
Amercian College of Emergency PhysiManagement ServicesPO BOX 619911, Dallas, TX 75261$1,019,335
Revenue and Support

Revenue Composition

Contributions and Grants
$368,950
Program Service Revenue
$2,629,375
Investment Income
$325,875
Other Revenue
$227,466
All Other Contributions
$368,950
Change in Net Assets
$737,167
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,754,937
Grants and Similar Amounts Paid$59,562
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$969,299
Conferences and Meetings---$405,346
Office Expenses---$285,805
Travel---$260,292
Fees for Services Other---$170,097
Depreciation Depletion---$165,415
Other Expenses---$51,279
Grants to Domestic Orgs---$43,960
Advertising---$35,182
Grants to Domestic Individuals---$15,602
Insurance---$2,952
Fees for Services Legal---$1,218
Total Functional Expenses$0$0$0$2,814,499
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Emergency Medicine FoundationDallas, TX501(c)(3)Research Grants$19,983
American College of Emergency PhysiciansDallas, TX501(c)(6)Emergency Medicine, Policy Inst. Dues$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
American College of Emergency PhysSubstantial ContributorManagement FeesNo$1,019,335

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Delegation of control over management duties: the daily management of the emergency medicine residents' association (emra) is performed by the staff of american college of emergency physicians (acep) under a management agreement. These services are provided at cost to emra. All direction for actions is provided by the board of directors of emra. Per irs guidance, no compensation is shown on form 990, part vii, for the 2021 calendar year for these individuals: michele byers $44,047 bob ramsey $45,333 lacrecia williams $none

Form 990, Part VI, Section A, Line 6

Members or shareholders in organization: members must be interns, residents or fellows who are in training in emergency medicine or critical care. Medical students (allopathic and osteopathic) are encouraged to join the association. Membership eligibility extends after completion of a residency or fellowship with the alumni category of membership.

Form 990, Part VI, Section A, Line 7A

Members who may elect one or more members of the governing body: the representative council has the power to elect the officers and board of directors. The representative council consists of the members of the representative class. Each emergency medicine residency program recognized by the association has one resident representative. No representative shall be seated who is not a member of the association. No member of the board of directors may simultaneously serve as a representative to the representative council.

Form 990, Part VI, Section B, Line 11B

Process to review the form 990: the form 990 is prepared by an independent public accounting firm. It is then reviewed by management and the board of directors before it is filed with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Process to monitor transactions for conflicts of interest: the president of emra's board of directors requests, receives, and reviews disclosures of conflict of interest forms from every board member and the executive director prior to every meeting. The president monitors and enforces compliance with the policy. The president's disclosure form is monitored by the immediate past president. If there is conflict and the board determines the conflict would impact the individual's decision making, the person would recuse themselves from discussion or vote.

Form 990, Part VI, Section C, Line 19

Availability of documents: the organization's governing documents, conflict of interest policy and financial statements are made available to the public upon request.

Form 990, Part VI, Section B, Line 15

Compensation of directors or employees: no officer or director is compensated, but is provided funds to cover out of pocket expenses while on emra business. The emra has no employees. All services are provided by the american college of emergency physicians under a management agreement.

Filing and Contact Details

Filer

Filer Name
Emergency Medicine Residents' Association
EIN
75-2097176
In Care Of
% LAYLA POWERS
Phone
9725500911
Address
PO Box 619911, Dallas, TX 75261-9911

Signing Officer

Name
Lacrecia Williams
Title
Executive Director
Phone
9725500911
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lacrecia Williams
Formed
1986
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
700

Preparer

Firm
Forvis Llp
Address
14241 DALLAS PARKWAY SUITE 1100, DALLAS, TX 75254
Preparer
Jeanette Verrelli
Phone
9727028262
Raw XML AppendixShowing 400 of 565 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/AccountsReceivableGrp/EOYAmt0393085
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IRS990/ActivityOrMissionDesc0EMRA PROMOTES THE INTEREST OF EMERGENCY MEDICINE PHYSICIANS-IN-TRAINING THROUGH A VALUABLE MEMBER EXPERIENCE AND A SUPPORTIVE COMMUNITY, AND DEVELOPS DIVERSE LEADERS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0IMMED PAST-PRESIDENT End:10/21
IRS990/Form990PartVIISectionAGrp/TitleTxt1SEC./EM RES EDITOR End:10/21
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IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE SPEAKER COUNCIL
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR OF TECH End:10/21
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIR. HEALTH POLICY
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT ELECT/President
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIR LEADERSHIP DEV
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIR OF EDUCATION End:10/21
IRS990/Form990PartVIISectionAGrp/TitleTxt9ACEP REP
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IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE-Speaker Counc START:10/21
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member START:10/21
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director of EDUCAT START:10/21
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR End:8/21
IRS990/Form990PartVIISectionAGrp/TitleTxt17Executive Director Start:03/22
IRS990/Form990PartVIISectionAGrp/TitleTxt18Executive Director 8/21-2/22
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IRS990/ProgramServiceRevenueGrp/Desc0EDUCATIONAL MEETINGS & CONFERENCES
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IRS990/ProgramServiceRevenueGrp/Desc2EDUCATIONAL PUBLICATIONS
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IRS990/ProgSrvcAccomActy2Grp/Desc0CULTIVATE LIFELONG LEADERS IN EMERGENCY MEDICINE THROUGH LEADERSHIP DEVELOPMENT, MEETINGS, AND EVENTS.
IRS990/ProgSrvcAccomActy3Grp/Desc0DEVELOP AND PUBLISH A MAGAZINE, ELECTRONIC NEWSLETTER, AND WEBSITE TO ENGAGE RESIDENTS AND MEDICAL STUDENTS WITH THE ORGANIZATION AND TO KEEP THEM APPRISED OF ISSUES IMPACTING THEIR TRAINING, PRACTICE, AND PATIENTS.
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