Galens Medical Society
Nonprofit profile at a glance
- EIN
- 382306598
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-EZ 2009
- Location
- Ann Arbor, MI, USA
- Phone
- 7347313988
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Rehabilitative Medical Services
Reported finances
- Revenue
- $140,248
- Expenses
- $130,254
- Assets
- $731,916
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Kallen Schwark (President)
- Cyrus Najarian (Vice President)
People named in this filing
- Kallen Schwark (President)
- Cyrus Najarian (Vice President)
- Nikolas Grotewold (Sr Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Galens Medical Society is a service organization of the Medical School of the University of Michigan. Galens serves to promote medical education and scholarship; to provide loans, scholarships, and grants-in-aid for the assistance of worthy and deserving medical students; to engage in charitable activities of a public nature, particularly, but not limited to, charities for the benefit of children of Washtenaw county; to foster and to encourage cooperation and understanding between the faculty and student body; and to further the educational traditions, activities, and ideas of the Medical School of the University of Michigan.
What it reported doing in 2024
Promote medical education and scholarship; foster and encourage cooperation and understanding between faculty and students; further the educational traditions, activity and ideals of the medical school.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 41% for direct work, and 59% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 72
- Accountability: 64
- Sustainability: 67
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94%; rating input score 94
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 47.2%; rating input score 47; 41st percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 7.1%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 5.62; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 0.6% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: -0.7% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: 2.4% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 94% of revenue deployed · 100% of spending went to programs
- Governance: 100 of 100 board members independent · 1 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $130K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 10 of 12 current checks pass · 2 findings to review
- Schedules: 4 filed schedules · includes grants
- Filing history: 6 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 6 not reported.
- Moderate — Transparency & Controls: Grant itemization coverage scored 47/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Operating margin scored 55/100.