Society for Academic Emergency Medicine

Nonprofit profile at a glance

EIN
204866532
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Des Plaines, IL, USA
Phone
8472577236
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Adult, Continuing Education

Official website

Reported finances

Revenue
$7,592,503
Expenses
$8,490,127
Assets
$11,319,182
Liabilities
$4,958,934

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • ALI S RAJA MD DBA MPH (PRESIDENT-ELECT/PRESIDENT)
  • MICHELLE D LALL MD MHS (SECRETARY-TREASURER/PRESIDENT-ELECT)
  • ANGELA M MILLS MD (PRESIDENT/IMMEDIATE PAST PRESIDENT)
  • WENDY C COATES MD (IMMEDIATE PAST PRESIDENT)
  • MEGAN SCHAGRIN MBA CAE CFRE (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • MEGAN SCHAGRIN MBA CAE CFRE (CHIEF EXECUTIVE OFFICER): $485,577 total reported compensation
  • DOUGLAS RAY MSA (DIRECTOR, FINANCE): $191,482 total reported compensation
  • MELISSA MCMILLIAN (DIRECTOR, FOUNDATION): $170,211 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To lead the advancement of academic emergency medicine through education, research, and professional development.

What it reported doing in 2024

Academic emergency medicine (aem) is a monthly, peer-reviewed journal publishing articles, abstracts, commentaries and other materials relevant to the practice, educational advancements, and investigation of emergency medicine. Aem education and training is a bi-monthly, peer-reviewed journal dedicated to publishing information relevant to education and training in emergency medicine. Saem also publishes the saem pulse, a bi-monthly newsletter, and saem weekly, a weekly e-newsletter. All publications are provided to saem members.

Operating model

Revenue model
Earned-program. 93% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 81% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 80
  • Accountability: 100
  • Sustainability: 24
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.2%; rating input score 77
  • Program expense ratio: 66.5%; rating input score 66
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.1%; rating input score 99; 37th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11.8%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 1.33; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 17.9%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 8.1% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 45th percentile among comparable filings
  • Asset growth: 7.7% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: 77.2% of revenue deployed · 66.5% of spending went to programs
  • Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $5.6M in reported program spending
  • Leadership: top reported pay $486K · 21 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $703K reported
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 9 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 2 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 — Sustainability: Operating margin scored 12/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.