INSTITUTE FOR NEURODEGENERATIVE DISORDERS

EIN: 061582206 501(c)(3) Medical Research

NEW HAVEN, CT

Total Revenue
$21,955,732
Total Expenses
$18,928,370
Total Assets
$14,625,379
Net Assets
$8,570,616
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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
2001
Legal Domicile
CT
Principal Officer
DAVID LUNT
Phone
2035905600
Tax Period
2024-01-01 to 2024-12-31

INSTITUTE FOR NEURODEGENERATIVE DISORDERS, founded in 2001, is a mid-sized nonprofit in the Medical Research sector that reported $22.0M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $18.9M left a modest 14% surplus.

Mission

MEDICAL RESEARCH TO LEARN ABOUT CAUSES AND POSSIBLE CURES FOR NEURODEGENERATIVE DISORDERS SUCH AS ALZHEIMER AND PARKINSON DISORDER.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $51,076
Program Service Revenue $21,497,128
Investment Income $407,528
Other Revenue $0
TOTAL REVENUE $21,955,732

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,129,833
Fundraising Expenses $0
Program Expenses $17,807,552
Other Expenses $11,798,537
TOTAL EXPENSES $18,928,370

Year-over-Year Comparison

2024 2023 Change
Revenue $21,955,732 $17,985,784 +0.2%
Expenses $18,928,370 $16,134,770 +0.2%
Net Income $3,027,362 $1,851,014 +0.6%
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

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Governance

Voting Members
8
Independent Members
8
Employees
50
Volunteers
9

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
4
$1,338,075
Total Directors
8
$437,325
Key Employees
3
$901,601
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY FABRIZIO CHIEF OP. OF 40.00
Officer
$331,671 $108,160 $439,831
KEN MAREK DISTINGUISHE 40.00
Officer Director
$332,726 $104,599 $437,325
DAVID LUNT CHIEF FIN. O 40.00
Officer
$277,324 $99,775 $377,099
CRAIG E STANLEY EMPLOYEE 40.00
Key Emp
$283,983 $43,272 $327,255
BRIDGET MCMAHON EMPLOYEE 40.00
Key Emp
$248,052 $75,747 $323,799
EMILY FLAGG EMPLOYEE 40.00
Key Emp
$223,811 $26,736 $250,547
ZEINA SINGH EMPLOYEE 40.00
Highest
$189,675 $51,599 $241,274
LYNNE STICKLE EMPLOYEE 40.00
Highest
$149,389 $66,045 $215,434
LYNELL LEMON EMPLOYEE 40.00
Highest
$177,310 $31,325 $208,635
JOHN-MICHAEL TALARICO EMPLOYEE 40.00
Highest
$175,239 $30,434 $205,673
CECILIA F REYES EMPLOYEE 40.00
Highest
$157,086 $42,412 $199,498
THOMAS TROPEA CHIEF MEDICA 40.00
Officer
$68,050 $15,770 $83,820
HARVEY DANN BOARD MEMBER 1.00
Director
$0 $0 $0
REBECCA EVANS BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL FORTE BOARD MEMBER 1.00
Director
$0 $0 $0
DANNA JENNINGS BOARD MEMBER 1.00
Director
$0 $0 $0
JACK MARIOTTI BOARD MEMBER 20.00
Director
$0 $0 $0
JOHN SEIBYL CHAIRMAN 1.00
Director
$0 $0 $0
CHERYL YANOSY BOARD MEMBER 1.00
Director
$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 $21,955,732 $18,928,370 $14,625,379 $3,027,362
2023 $17,985,784 $16,134,770 $9,693,922 $1,851,014
2022 $12,127,200 $11,240,095 $6,387,631 $887,105
2021 $8,708,583 $8,118,394 $7,010,755 $590,189
2020 $5,678,379 $5,752,166 $4,224,515 $-73,787
2019 $6,274,529 $6,005,297 $5,169,355 $269,232
2018 $5,370,037 $4,084,992 $2,199,960 $1,285,045
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