Civic Intelligence

The Foundation for Medical Excellence

990 • Fiscal year 2015 • EIN 93-0632522

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 26, 2016

1 SW Columbia Street 860Portland, OR 97258

(503) 222-1960

Siviq Scores

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

Liabilities / Assets

24th percentile

0.01x

Higher debt load relative to assets than 24% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.09x

Higher debt load relative to revenue than 47% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

5th percentile

-68%

Higher net margin than 5% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

54th percentile

$71,665

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 20.1% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

10th percentile

-12%

Faster asset growth than 10% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

10th percentile

-31%

Faster revenue growth than 10% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$3,504,729

Down $499,710 (-12%) from 2014

Net Assets

Down

$3,471,061

Down $334,804 (-8.8%) from 2014

Liabilities

Down

$33,668

Down $164,906 (-83%) from 2014

Revenue

Down

$355,804

Down $162,728 (-31%) from 2014

Expenses

Down

$599,066

Down $282,248 (-32%) from 2014

Net Income

Up

-$243,262

Up $119,520 (+33%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,483,378Liabilities 2010: $21,778Net Assets 2010: $4,461,6002010Assets 2011: $4,270,478Liabilities 2011: $54,724Net Assets 2011: $4,215,7542011Assets 2012: $4,183,150Liabilities 2012: $30,123Net Assets 2012: $4,153,0272012Assets 2013: $4,074,608Liabilities 2013: $60,446Net Assets 2013: $4,014,1622013Assets 2014: $4,004,439Liabilities 2014: $198,574Net Assets 2014: $3,805,8652014Assets 2015: $3,504,729Liabilities 2015: $33,668Net Assets 2015: $3,471,0612015Assets 2016: $3,463,462Liabilities 2016: $77,406Net Assets 2016: $3,386,0562016Assets 2017: $3,441,608Liabilities 2017: $109,233Net Assets 2017: $3,332,3752017Assets 2018: $3,177,182Liabilities 2018: $109,167Net Assets 2018: $3,068,0152018Assets 2019: $3,153,760Liabilities 2019: $36,006Net Assets 2019: $3,117,7542019Assets 2020: $3,574,522Liabilities 2020: $17,668Net Assets 2020: $3,556,8542020Assets 2021: $3,693,965Liabilities 2021: $15,133Net Assets 2021: $3,678,8322021Assets 2022: $2,932,096Liabilities 2022: $46,714Net Assets 2022: $2,885,3822022Assets 2023: $3,062,357Liabilities 2023: $56,639Net Assets 2023: $3,005,7182023Assets 2024: $3,170,365Liabilities 2024: $5,395Net Assets 2024: $3,164,9702024

Highlighted filing

2015

Assets$3,504,729
Liabilities$33,668
Net Assets$3,471,061

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2010: $835,9732010Revenue 2011: $572,777Expenses 2011: $790,230Net Income 2011: -$217,4532011Revenue 2012: $455,032Expenses 2012: $845,497Net Income 2012: -$390,4652012Revenue 2013: $454,033Expenses 2013: $1,003,521Net Income 2013: -$549,4882013Revenue 2014: $518,532Expenses 2014: $881,314Net Income 2014: -$362,7822014Revenue 2015: $355,804Expenses 2015: $599,066Net Income 2015: -$243,2622015Revenue 2016: $418,244Expenses 2016: $565,843Net Income 2016: -$147,5992016Revenue 2017: $459,662Expenses 2017: $728,258Net Income 2017: -$268,5962017Revenue 2018: $518,367Expenses 2018: $570,074Net Income 2018: -$51,7072018Revenue 2019: $461,743Expenses 2019: $781,440Net Income 2019: -$319,6972019Revenue 2020: $860,328Expenses 2020: $667,664Net Income 2020: $192,6642020Revenue 2021: $350,531Expenses 2021: $513,337Net Income 2021: -$162,8062021Revenue 2022: $562,962Expenses 2022: $865,556Net Income 2022: -$302,5942022Revenue 2023: $1,048,374Expenses 2023: $1,169,380Net Income 2023: -$121,0062023Revenue 2024: $1,002,699Expenses 2024: $982,933Net Income 2024: $19,7662024

Highlighted filing

2015

Revenue$355,804
Expenses$599,066
Net Income-$243,262
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 26, 2016
Return Version
2015v2.0
Gross Receipts
$355,804
Mission and Program Overview

Mission

To promote excellence in medicine, to improve the quality of healthcare and to advance sound health policy in the pacific northwest through education programs, collaborative initiatives and research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,506,006$3,269,567▼ $236,439
Savings and Temporary Cash Investments$285,504$102,005▼ $183,499
Cash and Non-Interest-Bearing Accounts$91,574$55,228▼ $36,346
Pledges and Grants Receivable$29,568$0▼ $29,568
Prepaid Expenses and Deferred Charges$19,846$5,492▼ $14,354
Land, Buildings, and Equipment, Net$2,694$3,862▲ $1,168
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,004,439$3,504,729▼ $499,710
Other Assets Total$69,247$68,575▼ $672
Liabilities
Grants Payable$50,000--
Accounts Payable and Accrued Expenses$51,613$20,468▼ $31,145
Deferred Revenue$96,961$13,200▼ $83,761
Total Liabilities$198,574$33,668▼ $164,906
Net Assets / Fund Balance
Unrestricted Net Assets$2,125,949$1,788,460▼ $337,489
Temporarily Rstr Net Assets$1,601,206$1,603,891▲ $2,685
Permanently Rstr Net Assets$78,710$78,710→ $0
Total Net Assets Fund Balance$3,805,865$3,471,061▼ $334,804
Total Liabilities and Net Assets / Fund Balance$4,004,439$3,504,729▼ $499,710

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,862$13,221$17,083
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Timothy GoldfarbPresidentFT$71,665$71,665

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$58,289
Program Service Revenue
$228,021
Investment Income
$69,494
Other Revenue
$0
All Other Contributions
$58,289
Change in Net Assets
$-243,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$362,505
Salaries, Compensation, and Employee Benefits$211,561
Grants and Similar Amounts Paid$25,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$18,161$102,029-$120,190
Conferences and Meetings$110,284$160-$110,444
Fees for Services Other$58,935$31,598-$90,533
Current Officers, Directors, Trustees, and Key Employees$10,750$60,915-$71,665
Occupancy$47,511$212-$47,723
Fees for Services Accounting-$34,924-$34,924
Grants to Domestic Individuals$25,000--$25,000
Office Expenses$13,581$150-$13,731
Information Technology$11,658$215-$11,873
Payroll Taxes$2,917$8,066-$10,983
Travel$5,894$3,123-$9,017
Pension Plan Contributions$7,424$1,299-$8,723
Insurance$7,361--$7,361
Fees for Service Investment Mgmnt Fees-$2,064-$2,064
Other Expenses$176$1,019-$1,195
All Other Expenses$903--$903
Depreciation Depletion$886--$886
Total Functional Expenses$348,565$250,501$0$599,066
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Part VI, Line 11B: Form 990 Review Process

The finance committee of the board of directors reviews form 990 and schedules at a meeting. The full board reviews and approves a copy of the return before it is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members are asked disclose potential conflict of interest issues prior to every board meeting. The organization reviews conflict of interest policy annually.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

President's compensation.the board of directors of the foundation or medical excellence (tfme) independently sets and approves the compensation rate for the president. The established compensation rate is based upon consideration by the board of the following factors: prevailing market value in the region, budgetary limits, historical experience of the organization, and the qualifications as well as the work experience of the candidate. The chair of the board is authorized by the board to establish a final compensation agreement subject to approval by the full board via negotiation with the candidate. Compensation is subsequently specified in a written contract.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The public review copy of the form 990 is made available upon request in either hard copy or electronic format. In addition, the form 990 is available through our guidestar profile.

Filing and Contact Details

Filer

Filer Name
The Foundation for Medical Excellence
EIN
93-0632522
Phone
5032221960
Address
1 SW Columbia Street 860, Portland, OR 97258

Signing Officer

Name
Timothy Goldfarb
Title
Exe Director
Signed
2016-07-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Goldfarb
Formed
1984
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
2

Preparer

Firm
Kern & Thompson LLC
Address
1800 SW First Avenue Suite 410, Portland, OR 97201
Preparer
Cheryl L Morgan CPA
Phone
5032223338
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-91542
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0212
IRS990/OccupancyGrp/ProgramServicesAmt047511
IRS990/OccupancyGrp/TotalAmt047723
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0150
IRS990/OfficeExpensesGrp/ProgramServicesAmt013581
IRS990/OfficeExpensesGrp/TotalAmt013731
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt069247
IRS990/OtherAssetsTotalGrp/EOYAmt068575
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0HONORARIA
IRS990/OtherExpensesGrp/Desc1LICENCES
IRS990/OtherExpensesGrp/Desc2BANK AND MERCHANT FEES
IRS990/OtherExpensesGrp/Desc3misc expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0555
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14172
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21019
IRS990/OtherExpensesGrp/ProgramServicesAmt020300
IRS990/OtherExpensesGrp/ProgramServicesAmt16824
IRS990/OtherExpensesGrp/ProgramServicesAmt2176
IRS990/OtherExpensesGrp/TotalAmt020300
IRS990/OtherExpensesGrp/TotalAmt17379
IRS990/OtherExpensesGrp/TotalAmt24172
IRS990/OtherExpensesGrp/TotalAmt31195
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0102029
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018161
IRS990/OtherSalariesAndWagesGrp/TotalAmt0120190
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08066
IRS990/PayrollTaxesGrp/ProgramServicesAmt02917
IRS990/PayrollTaxesGrp/TotalAmt010983
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01299
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07424
IRS990/PensionPlanContributionsGrp/TotalAmt08723
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt078710
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt078710
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt029568
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019846
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05492
IRS990/PrincipalOfficerNm0TIMOTHY GOLDFARB
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/Desc1REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0164746
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt163275
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0164746
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt163275
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIP AND GRADUATE AWARDS:SUPPORT AND FUNDING FOR MEDICAL STUDENTS, AND RELATED PROGRAMS THAT PROMOTE CAREER DEVELOPMENT FOR MEDICAL PROFESSIONALS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt025000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt025000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0277837
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt065000
IRS990/PYInvestmentIncomeAmt081488
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0497837
IRS990/PYProgramServiceRevenueAmt0159207
IRS990/PYRevenuesLessExpensesAmt0-362782
IRS990/PYSalariesCompEmpBnftPaidAmt0318477
IRS990/PYTotalExpensesAmt0881314
IRS990/PYTotalRevenueAmt0518532
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-243262
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0228021
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0285504
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0102005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt058289
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0277837
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0217712
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0189486
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0126030
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0869354
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt069494
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt081488
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt078336
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt096458
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0111211
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0436987
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01049837
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66550
IRS990ScheduleA/PublicSupportPY170Pct00.66270
IRS990ScheduleA/PublicSupportTotal170Amt0869354
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt058289
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0277837
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0217712
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0189486
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0126030
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0869354
IRS990ScheduleA/TotalSupportAmt01306341
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03862
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013221
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt017083
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03862
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt025000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINS RECORDS DOCUMENTING WHICH STUDENTS AT OREGON HEALTH & SCIENCE UNIVERSITY RECEIVE SCHOLARSHIPHS ANNUALLY; THE UNIVERSITY FACILITATES DISTRIBUTION OF AWARDS. THE ORGANIZATION PERFORMS REVIEWS OF THE AWARDING PROCESS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Supplemental Information
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS FORM 990 AND SCHEDULES AT A MEETING. THE FULL BOARD REVIEWS AND APPROVES A COPY OF THE RETURN BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE ASKED DISCLOSE POTENTIAL CONFLICT OF INTEREST ISSUES PRIOR TO EVERY BOARD MEETING. THE ORGANIZATION REVIEWS CONFLICT OF INTEREST POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRESIDENT'S COMPENSATION.THE BOARD OF DIRECTORS OF THE FOUNDATION OR MEDICAL EXCELLENCE (TFME) INDEPENDENTLY SETS AND APPROVES THE COMPENSATION RATE FOR THE PRESIDENT. THE ESTABLISHED COMPENSATION RATE IS BASED UPON CONSIDERATION BY THE BOARD OF THE FOLLOWING FACTORS: PREVAILING MARKET VALUE IN THE REGION, BUDGETARY LIMITS, HISTORICAL EXPERIENCE OF THE ORGANIZATION, AND THE QUALIFICATIONS AS WELL AS THE WORK EXPERIENCE OF THE CANDIDATE. THE CHAIR OF THE BOARD IS AUTHORIZED BY THE BOARD TO ESTABLISH A FINAL COMPENSATION AGREEMENT SUBJECT TO APPROVAL BY THE FULL BOARD VIA NEGOTIATION WITH THE CANDIDATE. COMPENSATION IS SUBSEQUENTLY SPECIFIED IN A WRITTEN CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PUBLIC REVIEW COPY OF THE FORM 990 IS MADE AVAILABLE UPON REQUEST IN EITHER HARD COPY OR ELECTRONIC FORMAT. IN ADDITION, THE FORM 990 IS AVAILABLE THROUGH OUR GUIDESTAR PROFILE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01601206
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01603891
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04004439

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.17$0.01$3.16$1.00$0.98$0.02
2023Detailed filing. Detailed filing data is available for this year.$3.06$0.06$3.01$1.05$1.17$0.12
2022Detailed filing. Detailed filing data is available for this year.$2.93$0.05$2.89$0.56$0.87$0.30
2021Detailed filing. Detailed filing data is available for this year.$3.69$0.02$3.68$0.35$0.51$0.16
2020Detailed filing. Detailed filing data is available for this year.$3.57$0.02$3.56$0.86$0.67$0.19
2019Detailed filing. Detailed filing data is available for this year.$3.15$0.04$3.12$0.46$0.78$0.32
2018Detailed filing. Detailed filing data is available for this year.$3.18$0.11$3.07$0.52$0.57$0.05
2017Detailed filing. Detailed filing data is available for this year.$3.44$0.11$3.33$0.46$0.73$0.27
2016Detailed filing. Detailed filing data is available for this year.$3.46$0.08$3.39$0.42$0.57$0.15
2015Detailed filing. Detailed filing data is available for this year.$3.50$0.03$3.47$0.36$0.60$0.24
2014Detailed filing. Detailed filing data is available for this year.$4.00$0.20$3.81$0.52$0.88$0.36
2013Detailed filing. Detailed filing data is available for this year.$4.07$0.06$4.01$0.45$1.00$0.55
2012Summary only. Only limited summary data is available for this year.$4.18$0.03$4.15$0.46$0.85$0.39
2011Summary only. Only limited summary data is available for this year.$4.27$0.05$4.22$0.57$0.79$0.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.48$0.02$4.46$0.84