Civic Intelligence

The Tedmed Foundation

990 • Fiscal year 2021 • EIN 81-2485592

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

2 High Ridge ParkStamford, CT 06905

(203) 461-7121

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

3rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

3rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Net Margin

1st percentile

-1359%

Higher net margin than 1% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

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

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Asset Growth

15th percentile

-1.0%

Faster asset growth than 15% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

1st percentile

-97%

Faster revenue growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Assets

Down

$65,852,327

Down $696,453 (-1.0%) from 2020

Net Assets

Down

$65,852,327

Down $696,453 (-1.0%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$79,032

Down $2,287,676 (-97%) from 2020

Expenses

Down

$1,153,292

Down $2,472,579 (-68%) from 2020

Net Income

Up

-$1,074,260

Up $184,903 (+15%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2016: $72,541,274Liabilities 2016: $126,650Net Assets 2016: $72,414,6242016Assets 2017: $71,679,172Liabilities 2017: $258,666Net Assets 2017: $71,420,5062017Assets 2018: $70,082,790Liabilities 2018: $56,825Net Assets 2018: $70,025,9652018Assets 2019: $69,254,266Liabilities 2019: $1,695,181Net Assets 2019: $67,559,0852019Assets 2020: $66,548,780Liabilities 2020: $0Net Assets 2020: $66,548,7802020Assets 2021: $65,852,327Liabilities 2021: $0Net Assets 2021: $65,852,3272021Assets 2022: $64,524,405Liabilities 2022: $0Net Assets 2022: $64,524,4052022Assets 2023: $63,927,382Liabilities 2023: $7,680Net Assets 2023: $63,919,7022023Assets 2024: $63,238,996Liabilities 2024: $50,000Net Assets 2024: $63,188,9962024

Highlighted filing

2021

Assets$65,852,327
Liabilities$0
Net Assets$65,852,327

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80M$60M$40M$20M$0-$20MRevenue 2016: $65,031,196Expenses 2016: $3,051,588Net Income 2016: $61,979,6082016Revenue 2017: $3,985,031Expenses 2017: $5,011,816Net Income 2017: -$1,026,7852017Revenue 2018: $3,208,205Expenses 2018: $4,674,413Net Income 2018: -$1,466,2082018Revenue 2019: $523,373Expenses 2019: $3,258,928Net Income 2019: -$2,735,5552019Revenue 2020: $2,366,708Expenses 2020: $3,625,871Net Income 2020: -$1,259,1632020Revenue 2021: $79,032Expenses 2021: $1,153,292Net Income 2021: -$1,074,2602021Revenue 2022: $82,457Expenses 2022: $1,231,472Net Income 2022: -$1,149,0152022Revenue 2023: $108,010Expenses 2023: $1,206,106Net Income 2023: -$1,098,0962023Revenue 2024: $11,167Expenses 2024: $1,681,918Net Income 2024: -$1,670,7512024

Highlighted filing

2021

Revenue$79,032
Expenses$1,153,292
Net Income-$1,074,260
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.0
Gross Receipts
$79,032
Mission and Program Overview

Mission

Tedmed bridges the gap between science and the public by finding and sharing stories that inform, inspire, engage and provoke action across a broad, passionate community both inside and outside of health and medicine. Tedmed values inclusiveness, multi-disciplinary collaboration and diversity in its mission to catalyze a healthier world. Our annual event brings the world together to focus on whats new and important in health and medicine. We forge partnerships with industry leaders, medical research institutions, think tanks, government agencies and foundations, to ensure that cutting-edge biomedical thinking, innovation in healthcare and large scale global public health opportunities are shared across disciplines and made accessible to the public at large. Year-round, tedmed engages a community of dedicated change-makers in dynamic conversations through social media, tedmed talks and a variety of programmatic efforts leveraging dynamic partnerships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$57,233,050$57,233,050→ $0
Intangible Assets$5,663,749$4,586,083▼ $1,077,666
Savings and Temporary Cash Investments$3,558,379$3,944,165▲ $385,786
Accounts Receivable$55,002$55,002→ $0
Cash and Non-Interest-Bearing Accounts$4,017$5,426▲ $1,409
Total Assets$66,548,780$65,852,327▼ $696,453
Other Assets Total$34,583$28,601▼ $5,982
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$66,548,780$65,852,327▼ $696,453
Total Net Assets Fund Balance$66,548,780$65,852,327▼ $696,453
Total Liabilities and Net Assets / Fund Balance$66,548,780$65,852,327▼ $696,453

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$34,700$34,700
Closely Held Equity Interests$57,233,050--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Eileen WalkerChairperson
Dorothy BahnaVice Chair
Jay WalkerBod
Karen RomaineCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$79,032
Other Revenue
$0
Change in Net Assets
$-1,074,260
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,153,292
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion-$1,077,666-$1,077,666
Advertising$37,564--$37,564
Insurance-$16,597-$16,597
Other Expenses$11,328$7,010-$7,010
Fees for Services Legal-$3,127-$3,127
Total Functional Expenses$48,892$1,104,400$0$1,153,292
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Jay walker eileen walker bod chairperson spouse eileen walker jay walker chairperson bod spouse

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The Tedmed Foundation
EIN
81-2485592
Phone
2034617121
Address
2 HIGH RIDGE PARK, STAMFORD, CT 06905

Signing Officer

Name
Karen Romaine
Title
CFO
Phone
2034617121
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Romaine
Formed
2016
Legal Domicile
Ct
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Zimmer & Zimmer Pc
Address
2 CORPORATE DR STE 203, TRUMBULL, CT 06611
Preparer
James M Alber
Phone
2032611110
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Tedmed bridges the gap between science and the public by finding and sharing stories that inform, inspire, engage and provoke action across a broad, passionate community both inside and outside of health and medicine. Tedmed values inclusiveness, multi-disciplinary collaboration and diversity in its mission to catalyze a healthier world. Our annual event brings the world together to focus on whats new and important in health and medicine. We forge partnerships with industry leaders, medical research institutions, think tanks, government agencies and foundations, to ensure that cutting-edge biomedical thinking, innovation in healthcare and large scale global public health opportunities are shared across disciplines and made accessible to the public at large. Year-round, tedmed engages a community of dedicated change-makers in dynamic conversations through social media, tedmed talks and a variety of programmatic efforts leveraging dynamic partnerships.

Form 990, Page 2, Part III, Line 4D

Production costs - tedmed conference

Form 990, Part XI, Line 9

Syndication fees -3,333 rounding 0 total -3,333

Raw XML Appendix323 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TEDMED BRIDGES THE GAP BETWEEN SCIENCE AND THE PUBLIC BY FINDING AND SHARING STORIES THAT INFORM, INSPIRE, ENGAGE AND PROVOKE ACTION ACROSS A BROAD, PASSIONATE COMMUNITY BOTH INSIDE AND OUTSIDE OF HEALTH AND MEDICINE. TEDMED VALUES INCLUSIVENESS, MULTI-DISCIPLINARY COLLABORATION AND DIVERSITY IN ITS MISSION TO CATALYZE A HEALTHIER WORLD. OUR ANNUAL EVENT BRINGS THE WORLD TOGETHER TO FOCUS ON WHATS NEW AND IMPORTANT IN HEALTH AND MEDICINE. WE FORGE PARTNERSHIPS WITH INDUSTRY LEADERS, MEDICAL RESEARCH INSTITUTIONS, THINK TANKS, GOVERNMENT AGENCIES AND FOUNDATIONS, TO ENSURE THAT CUTTING-EDGE BIOMEDICAL THINKING, INNOVATION IN HEALTHCARE AND LARGE SCALE GLOBAL PUBLIC HEALTH OPPORTUNITIES ARE SHARED ACROSS DISCIPLINES AND MADE ACCESSIBLE TO THE PUBLIC AT LARGE. YEAR-ROUND, TEDMED ENGAGES A COMMUNITY OF DEDICATED CHANGE-MAKERS IN DYNAMIC CONVERSATIONS THROUGH SOCIAL MEDIA, TEDMED TALKS AND A VARIETY OF PROGRAMMATIC EFFORTS LEVERAGING DYNAMIC PARTNERSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRODUCTION COSTS - TEDMED CONFERENCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2JAY WALKER EILEEN WALKER BOD CHAIRPERSON SPOUSE EILEEN WALKER JAY WALKER CHAIRPERSON BOD SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SYNDICATION FEES -3,333 ROUNDING 0 TOTAL -3,333
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN ROMAINE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE TEDMED FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TEDM
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ZIMMER & ZIMMER PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02 CORPORATE DR STE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TRUMBULL
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006611
ReturnHeader/PreparerPersonGrp/PhoneNum02032611110
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES M ALBER
ReturnHeader/ReturnTs02022-11-15T19:56:02-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KAREN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ROMAINE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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