Provide medical continuing education seminars to the medical profession

501(c)(3) charity; gifts are tax-deductible.
57¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $36K a year · 10% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
57%
of spending
Worth a look: 57% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
8 mo
of spending, in cash
Looks good: 8.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$19K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 3 voting members
Worth a look: 1 of 3 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$578K
-7% vs prior year
Spent
$499K
To programs
57%
Net assets
$374K
By yearFY2020–FY2025
Revenue
$578K
FY2021▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2020$622K
FY2021$578K
FY2022$319K
FY2023$344K
FY2024$99K
FY2025$14
Expenses
$499K
FY2021▼ -33%
Tap a bar for its year
Expenses by fiscal year
FY2020$743K
FY2021$499K
FY2022$393K
FY2023$403K
FY2024Not on file
FY2025$8K
Net assets
$374K
FY2021▲ +27%
Tap a bar for its year
Net assets by fiscal year
FY2020$296K
FY2021$374K
FY2022$301K
FY2023$242K
FY2024$17K
FY2025$9K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

57 cents of each dollar spent went to programs.

Program services 57% · $287K Management & general 43% · $213K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Edgardo C Schirmer’s $187K as Vpvcobdir is at the 99th percentile of top reported officer pay among 290 <$100K employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Ce International executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers medical continuing education seminars for healthcare professionals.

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Provided by the organization

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1 program · $287K · in their own filed words · FY2021
01

The corporation provided medical continuing education seminar services during this tax reporting year in accordance with its primary exempt purpose.

$287Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$1K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$578K
Ln 12
Fees for servicesLn 2g$485K
Other incomeLn 4–11$92K
Investment incomeLn 3$736
Money outPt IX
$499K
Ln 25
Programscol B$287K
Managementcol C$213K
Owns and owesPt X
$374K
net assets · Ln 32
Cash and savingsLn 1–2$345K
Total assetsLn 16$393K
LiabilitiesLn 26$19K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$485K
Investment incomeLn 3$736
Other incomeLn 4–11$92K
Total revenueLn 12$578K
Assets in detailPt X, end of year
SavingsLn 2$345K
Cash and savings togetherLn 1–2$345K
Land, buildings, equipmentLn 10c$2K
Total assetsLn 16$393K
LiabilitiesLn 26$19K
Net assetsLn 32$374K
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$330K$345K
Land, buildings, equipmentLn 10c$3K$2K
Total assetsLn 16$384K$393K
LiabilitiesLn 26$88K$19K
Net assetsLn 32$296K$374K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$280K$112K$168K
Other salaries and wagesLn 7$15K$15K
Pension plan contributionsLn 8$18K$7K$11K
Other employee benefitsLn 9$14K$6K$9K
Payroll taxesLn 10$23K$9K$14K
Accounting feesLn 11c$1K$1K
Office expensesLn 13$2K$2K
Information technologyLn 14$26K$26K
TravelLn 17$11K$11K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$803$803
Other expenses (24a–d)Ln 24$59K$59K
All other expensesLn 24e$48K$42K$6K
Total functional expensesLn 25$499K$287K$213K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $14$8K−$8K$9K 990 PDF
FY2024Filed with the IRS Mar 19, 2025 $99K$17K 990 PDF
FY2023Filed with the IRS Nov 7, 2024 $344K$403K−$59K$242K 990 PDF
FY2022Filed with the IRS Nov 2, 2023 $319K$393K−$73K$301K 990 PDF
FY2021 ViewingFiled with the IRS Nov 10, 2022 $578K$499K$79K$374K 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $622K$743K−$120K$296K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $577,998 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $618,599$485,267
I-10 Investment incomePrior year $3,446$736
I-11 Other revenue$91,995
I-12 Total revenuePrior year $622,045$577,998
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $435,385$349,652
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $307,116$149,576
I-18 Total expensesPrior year $742,501$499,228
I-19 Revenue less expensesPrior year −$120,456$78,770
Part VI · Governance 1 of 3 board members independent, 5 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members1
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $577,998 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $485,267$485,267
VIII-3 Investment incomeRelated to mission $736$736
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $91,995$91,995
VIII-12 Total revenueRelated to mission $486,003 · Unrelated business $0 · Excluded from tax $91,995$577,998
Part IX · Statement of functional expenses $499,228 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $112,000 · Management $168,000$280,000
IX-7 Other salaries and wagesPrograms $15,000$15,000
IX-8 Pension plan contributionsPrograms $7,080 · Management $10,620$17,700
IX-9 Other employee benefitsPrograms $5,754 · Management $8,630$14,384
IX-10 Payroll taxesPrograms $9,027 · Management $13,541$22,568
IX-11c Accounting feesManagement $1,178$1,178
IX-13 Office expensesManagement $2,220$2,220
IX-14 Information technologyPrograms $26,020$26,020
IX-17 TravelPrograms $10,791$10,791
IX-22 Depreciation, depletion and amortizationManagement $1,439$1,439
IX-23 InsuranceManagement $803$803
IX-24 Other expenses (24a–d)Programs $58,944$58,944
IX-24e All other expensesPrograms $42,103 · Management $6,078$48,181
IX-25 Total functional expensesPrograms $286,719 · Management $212,509 · Fundraising $0$499,228
Part X · Balance sheet $393,009 assets, 10 lines filed
X-2 Savings and temporary cash investmentsStart of year $330,161$345,284
X-4 Accounts receivableStart of year $22,290$36,005
X-9 Prepaid expenses and deferred chargesStart of year $25,870$9,692
X-10c Land, buildings and equipment, netStart of year $3,467$2,028
X-16 Total assetsStart of year $383,750$393,009
X-17 Accounts payable and accrued expensesStart of year $10,919$14,979
X-25 Other liabilitiesStart of year $31,176$3,603
X-26 Total liabilitiesStart of year $88,093$18,582
X-32 Total net assets or fund balancesStart of year $295,657$374,427
X-33 Total liabilities and net assetsStart of year $383,750$393,009
Part XI · Reconciliation of net assets $374,427 net assets at year end
XI-1 Total revenue$577,998
XI-2 Total expenses$499,228
XI-3 Revenue less expenses$78,770
XI-4 Net assets at start of year$295,657
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$374,427

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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