DANA-FARBER INC (EIN 043102433) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Phone

6176323000

Tax Period

2023-10-01 to 2024-09-30

DANA-FARBER INC, founded in 1990, is a major nonprofit in the Unknown sector that reported $120.5M in total revenue in fiscal year 2023. Revenue surged 136% from the prior year, signaling strong growth momentum. The organization ran a surplus of $101.5M, a strong 84% operating margin.

Mission

THE PURPOSE AND ACTIVITIES OF DANA-FARBER, INC. ARE TO PROMOTE AND SUPPORT THE EXEMPT MISSIONS OF DANA-FARBER CANCER INSTITUTE AND TO PROVIDE INVESTMENT MANAGEMENT SERVICES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $120,502,092

Other Revenue $0

TOTAL REVENUE $120,502,092

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,000,749

Other Expenses $19,000,749

TOTAL EXPENSES $19,000,749

Year-over-Year Comparison

	2023	2022	Change
Revenue	$120,502,092	$50,971,716	+1.4%
Expenses	$19,000,749	$12,527,482	+0.5%
Net Income	$101,501,343	$38,444,234	+1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$3,909,856

Total Directors

$2,459,825

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN J O'CONNOR	Trustee, Treasurer, Vice Chairman (End 12/29/23)	2.0	Officer Director	$0	$0	$0
JOSHUA BEKENSTEIN	Trustee & Chairman	2.0	Officer Director	$0	$0	$0
Laurie H Glimcher MD	TRUSTEE & PRESIDENT	2.0	Officer Director	$0	$354,681	$2,459,825
Lori Whelan	Trustee, Treasurer, Vice Chairman (AS OF 1/29/24)	2.0	Officer Director	$0	$0	$0
Christopher J Hadley	Trustee	1.0	Director	$0	$0	$0
Hillary Mankin-Kufe ESQ	ASSISTANT SECRETARY	1.0	Officer	$0	$32,891	$301,015
Michael L Reney	ASSISTANT TREASURER	1.0	Officer	$0	$50,077	$1,149,016
Monica Chandra	Secretary	1.0	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$120,502,092	$19,000,749	$3,128,274,514	$101,501,343
2023	$50,971,716	$12,527,482	$2,664,187,088	$38,444,234
2022	$109,775,024	$19,432,653	$2,249,079,462	$90,342,371
2021	$197,856,829	$37,248,263	$2,427,985,539	$160,608,566
2020	$41,223,188	$10,250,471	$1,740,971,675	$30,972,717
2019	$80,593,901	$11,510,895	$1,433,066,609	$69,083,006
2018	$64,635,576	$9,911,455	$1,333,082,616	$54,724,121

DANA-FARBER INC