Amedcoedu EIN 46-1223517 Form 990 (PDF) Claim this org

Amedcoedu FY2023 filing

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Provides accredited continuing education for mental health and addiction treatment professionals. For fiscal year 2023 it reported $82K in revenue, $92K in expenses, and $-7K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Little Canada, MN
Website
amedcoedu.com
Filings
5 on file (2020–2023)
Revenue
$82KFY2023
Expenses
$92K
Net assets
$-7K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-1223517 Public charity (501(c)(3)) Little Canada, MN
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Provides accredited continuing education for mental health and addiction treatment professionals.
Leadership
Karen Edmonson · Chairwoman
Money in and out
$82K revenue, $92K expenses
Bottom line
100% program efficiency
Where the money goes · FY2023
Total revenue
$82K
Pt VIII · Ln 12
Total expenses
$92K
Pt IX · Ln 25
Net assets
$-7K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$10K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
0.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$82K
FY2023▼ -14%
Expenses
$92K
FY2023▲ +7%
Total assets
$304K
FY2023▼ -3%
Total liabilities
$311K
FY2023-0.02%
Total revenue
$82K
Pt VIII · Ln 12
Total expenses
$92K
Pt IX · Ln 25
Net assets
$-7K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$10K
Total assetsPt X · Ln 16$304K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $92K of program spending, described in the organization's own filed words · FY2023.
01

Amedcoedu is a charitable organization that provides accredited continuing medical education and training services required for medical licensing in the health care and medical service fields such as mental health, chemical dependency, and substance abuse treatment, among others.

$92Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAmedcoedu
EINHdr · item D46-1223517
Principal addressHdr · item CLittle Canada, MN
WebsiteHdr · item Jamedcoedu.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFApr 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairwoman
$0Pt VII · Sec A
Executive Director & Chairman
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$82K
Total revenueLn 12$82K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$92K
Total functional expensesLn 25$92K

Balance Sheet

Part X · end of year
CashLn 1$4K
Total assetsLn 16$304K
Total liabilitiesLn 26$311K
Total net assetsLn 32$-7K
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4K · Operating expenses/yr $92K
0.5 months
Where the money goes
Program services
Program services $92K · Total expenses $92K
100%
Management & General
Management & general $0 · Total expenses $92K
0%
Fundraising
Fundraising $0 · Total expenses $92K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $94K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $82K · Total revenue $82K
100%
Government reliance
Government grants — · Total revenue $82K
Earned-income share
Program service revenue $0 · Total revenue $82K
0%
Investment reliance
Investment income $0 · Total revenue $82K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $92K
0%
Growth & trend
Revenue growth (YoY)
This year $82K · Prior year $95K
-14%
Net-asset trend (YoY)
End of year $-7K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $82K · Expenses $92K
-12%
Liabilities-to-Assets
Total liabilities — · Total assets $304K
Net-asset ratio
Net assets $-7K · Total assets $304K
-2%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $304K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Karen Edmonson · Reported title CHAIRWOMAN · Highest reported compensation $0 · Total expenses $92K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $92K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth -14%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$60K
Grants paid · 9 grants · $500K · 2020–2021
Org NameFY2021$105,000
Can - Cancer Net LLCFY2020$150,000
Postgraduate Healthcare EdFY2020$110,000
AmpathFY2020$40,000
Apsard-Am Prof Society of AdhdFY2020$40,000
Merck & Co - Global Market AffairsFY2020$20,000
Society for Immunotherapy of CancerFY2020$15,000
Wcad Wien CenterFY2020$10,000
Ascp- Am Society of Clinical PsyFY2020$10,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$75K revenue · ⤓ 990 PDF
FY2023$82K revenue · viewing · ⤓ 990 PDF
FY2022$95K revenue · ⤓ 990 PDF
FY2021$105K revenue · ⤓ 990 PDF
FY2020$530K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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