Civic Intelligence

The Tedmed Foundation

990 • Fiscal year 2023 • EIN 81-2485592

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

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

Higher debt load relative to assets than 3% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

14th percentile

0.07x

Higher debt load relative to revenue than 14% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

1st percentile

-1017%

Higher net margin than 1% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

22nd percentile

-0.9%

Faster asset growth than 22% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

31%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Assets

Down

$63,927,382

Down $597,023 (-0.9%) from 2022

Net Assets

Down

$63,919,702

Down $604,703 (-0.9%) from 2022

Liabilities

Up

$7,680

Up $7,680 from 2022

Revenue

Up

$108,010

Up $25,553 (+31%) from 2022

Expenses

Down

$1,206,106

Down $25,366 (-2.1%) from 2022

Net Income

Up

-$1,098,096

Up $50,919 (+4.4%) from 2022

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

2023

Assets$63,927,382
Liabilities$7,680
Net Assets$63,919,702

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

2023

Revenue$108,010
Expenses$1,206,106
Net Income-$1,098,096
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.0
Gross Receipts
$108,010
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
Savings and Temporary Cash Investments$3,699,102$4,184,144▲ $485,042
Intangible Assets$3,508,417$2,430,749▼ $1,077,668
Accounts Receivable$55,002$55,002→ $0
Cash and Non-Interest-Bearing Accounts$4,067$3,003▼ $1,064
Total Assets$64,524,405$63,927,382▼ $597,023
Other Assets Total$24,767$21,434▼ $3,333
Liabilities
Accounts Payable and Accrued Expenses-$7,680-
Total Liabilities$0$7,680▲ $7,680
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$64,524,405$63,919,702▼ $604,703
Total Net Assets Fund Balance$64,524,405$63,919,702▼ $604,703
Total Liabilities and Net Assets / Fund Balance$64,524,405$63,927,382▼ $597,023

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
$108,010
Other Revenue
$0
Change in Net Assets
$-1,098,096
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,206,106
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-$1,077,667-$1,077,667
Advertising$103,126--$103,126
Insurance-$13,253-$13,253
Fees for Services Accounting-$3,731-$3,731
Other Expenses-$411-$411
Total Functional Expenses$103,126$1,102,980$0$1,206,106
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
2024-11-15
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

Raw XML Appendix317 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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/TotalFunctionalExpensesGrp/TotalAmt01206106
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IRS990/TotalLiabilitiesGrp/EOYAmt07680
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt063919702
IRS990/TotalOtherProgSrvcExpenseAmt0103126
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IRS990/TotalRevenueGrp/ExclusionAmt0108010
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0108010
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IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0WWW.TEDMED.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN ROMAINE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum02034617121
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE TEDMED FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TEDM
ReturnHeader/Filer/EIN0812485592
ReturnHeader/Filer/PhoneNum02034617121
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061003117
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ZIMMER & ZIMMER PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02 CORPORATE DR STE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TRUMBULL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006611
ReturnHeader/PreparerPersonGrp/PhoneNum02032611110
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES M ALBER
ReturnHeader/ReturnTs02024-11-15T12:55:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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