Provide medical continuing education seminars to the medical profession

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
10 mo
of spending, in cash
Looks good: 9.6 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
$33K
10% of total assets
Looks good: liabilities are 10% 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
$319K
-45% vs prior year
Spent
$393K
To programs
68%
Net assets
$301K
By yearFY2020–FY2025
Revenue
$319K
FY2022▼ -45%
Tap a bar for its year
Revenue by fiscal year
FY2020$622K
FY2021$578K
FY2022$319K
FY2023$344K
FY2024$99K
FY2025$14
Expenses
$393K
FY2022▼ -21%
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
$301K
FY2022▼ -20%
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 FY2022 Form 990 · see the original

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You’re viewing the FY2022 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

68 cents of each dollar spent went to programs.

Program services 68% · $268K Management & general 32% · $125K

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 · $268K · in their own filed words · FY2022
01

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

$268Kprogram 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 FY2022 990, line by line.

1The main four
Money inPt VIII
$319K
Ln 12
Fees for servicesLn 2g$318K
Investment incomeLn 3$2K
Money outPt IX
$393K
Ln 25
Programscol B$268K
Managementcol C$125K
Owns and owesPt X
$301K
net assets · Ln 32
Cash and savingsLn 1–2$313K
Total assetsLn 16$335K
LiabilitiesLn 26$33K
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$318K
Investment incomeLn 3$2K
Total revenueLn 12$319K
Assets in detailPt X, end of year
SavingsLn 2$313K
Cash and savings togetherLn 1–2$313K
Land, buildings, equipmentLn 10c$878
Total assetsLn 16$335K
LiabilitiesLn 26$33K
Net assetsLn 32$301K
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 FY22End FY22
Cash and savingsLn 1–2$345K$313K
Land, buildings, equipmentLn 10c$2K$878
Total assetsLn 16$393K$335K
LiabilitiesLn 26$19K$33K
Net assetsLn 32$374K$301K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$148K$59K$89K
Other salaries and wagesLn 7$60K$60K
Pension plan contributionsLn 8$13K$5K$8K
Other employee benefitsLn 9$14K$6K$9K
Payroll taxesLn 10$16K$6K$10K
Accounting feesLn 11c$1K$1K
Office expensesLn 13$1K$1K
Information technologyLn 14$32K$32K
TravelLn 17$19K$19K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$854$854
Other expenses (24a–d)Ln 24$36K$36K
All other expensesLn 24e$50K$44K$6K
Total functional expensesLn 25$393K$268K$125K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $14$8K−$8K$9K 990 PDF
FY2024 $99K$17K 990 PDF
FY2023 $344K$403K−$59K$242K 990 PDF
FY2022 Viewing $319K$393K−$73K$301K 990 PDF
FY2021 $578K$499K$79K$374K 990 PDF
FY2020 $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 FY2022 990 (6 parts)
Part I · Summary $319,473 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $485,267$317,576
I-10 Investment incomePrior year $736$1,897
I-11 Other revenuePrior year $91,995$0
I-12 Total revenuePrior year $577,998$319,473
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $349,652$251,344
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $149,576$141,332
I-18 Total expensesPrior year $499,228$392,676
I-19 Revenue less expensesPrior year $78,770−$73,203
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 $319,473 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $317,576$317,576
VIII-3 Investment incomeRelated to mission $1,897$1,897
VIII-12 Total revenueRelated to mission $319,473 · Unrelated business $0 · Excluded from tax $0$319,473
Part IX · Statement of functional expenses $392,676 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $59,200 · Management $88,800$148,000
IX-7 Other salaries and wagesPrograms $60,500$60,500
IX-8 Pension plan contributionsPrograms $5,004 · Management $7,506$12,510
IX-9 Other employee benefitsPrograms $5,754 · Management $8,630$14,384
IX-10 Payroll taxesPrograms $6,380 · Management $9,570$15,950
IX-11c Accounting feesManagement $1,237$1,237
IX-13 Office expensesManagement $1,198$1,198
IX-14 Information technologyPrograms $32,392$32,392
IX-17 TravelPrograms $18,574$18,574
IX-22 Depreciation, depletion and amortizationManagement $1,150$1,150
IX-23 InsuranceManagement $854$854
IX-24 Other expenses (24a–d)Programs $35,727$35,727
IX-24e All other expensesPrograms $44,316 · Management $5,884$50,200
IX-25 Total functional expensesPrograms $267,847 · Management $124,829 · Fundraising $0$392,676
Part X · Balance sheet $334,629 assets, 10 lines filed
X-2 Savings and temporary cash investmentsStart of year $345,284$313,392
X-4 Accounts receivableStart of year $36,005$16,105
X-9 Prepaid expenses and deferred chargesStart of year $9,692$4,254
X-10c Land, buildings and equipment, netStart of year $2,028$878
X-16 Total assetsStart of year $393,009$334,629
X-17 Accounts payable and accrued expensesStart of year $14,979$23,767
X-25 Other liabilitiesStart of year $3,603$9,639
X-26 Total liabilitiesStart of year $18,582$33,406
X-32 Total net assets or fund balancesStart of year $374,427$301,223
X-33 Total liabilities and net assetsStart of year $393,009$334,629
Part XI · Reconciliation of net assets $301,223 net assets at year end
XI-1 Total revenue$319,473
XI-2 Total expenses$392,676
XI-3 Revenue less expenses−$73,203
XI-4 Net assets at start of year$374,427
XI-8 Prior period adjustments−$1
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$301,223

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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