Medical Education Collaborative Inc
- Assets
- $3.7m
- Revenue
- $125.2k
- Investments
- $1.7m
- Employees
- 0
- Location
- Eagle, CO
- Founding
- 12/1992
- Data as of
- 06/2023
- EIN
- 74-2498948
Organization Overview
Medical Education Collaborative Inc is located in Eagle, CO. The organization was established in 1992. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medical Education Collaborative Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Medical Education Collaborative Inc generated $125.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $201.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Medical Education Collaborative Inc has awarded 68 individual grants totaling $783,433. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Over Secretary | 40 | $70,000 | |
Barry Johnson Treasurer | 2 | $0 | |
Brian Mccartney Chair | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $103,607 |
| Net Rental Income | $7,920 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $125,241 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $70,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $9,599 |
| Interest | $0 |
| Taxes | $9,596 |
| Depreciation | $10,602 |
| Occupancy | $16,805 |
| Travel, conferences, and meetings | $16,992 |
| Printing and publications | $0 |
| Other expenses | $8,374 |
| Total operating and administrative expenses | $179,601 |
| Contributions, gifts, grants paid | $22,000 |
| Total expenses and disbursements | $201,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,474 |
| Savings and temporary cash investments | $1,741,147 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,160 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,705,318 |
| Net Land, buildings, and equipment | $202,534 |
| Other assets | $0 |
| Total assets | $3,672,633 |
| Accounts payable and accrued expenses | $13,411 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,411 |
Grants Awarded
Over the last fiscal year, Medical Education Collaborative Inc has awarded $22,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
JILL'S HOUSE PURPOSE: CHARITABLE | $5,000 |
HIGH FIVES FOUNDATION PURPOSE: CHARITABLE | $5,000 |
KIDS R FIRST PURPOSE: CHARITABLE | $5,000 |
ROUNDUP RIVER RANCH PURPOSE: CHARITABLE | $5,000 |
SHRINER'S HOSPITAL PURPOSE: CHARITABLE | $2,000 |