INDUSTRIAL RESEARCH INSTITUTE INC

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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

1945

Legal Domicile

Phone

7036472580

Tax Period

2022-01-01 to 2022-12-31

Mission

THE INSTITUTE PROMOTES, THROUGH THE COOPERATIVE EFFORTS OF ITS MEMBERS, EFFECTIVE TECHNIQUES FOR THE ORGANIZATION AND MANAGEMENT OF RESEARCH, DEVELOPMENT AND ENGINEERING IN SUPPORT OF TECHNOLOGICAL INNOVATION.

Program Service Accomplishments

Program 1

MEETINGS & SEMINARS - MANAGEMENT DEVELOPMENT PROGRAMS CONDUCTED FOR OVER 1500 R & D MANAGERS IN OVER 36 DIFFERENT SESSIONS AROUND THE COUNTRY.

Program 2

JOURNAL - ISSUED 6 TIMES A YEAR TO SOME 4200 PERSONS AROUND THE WORLD. CONTAINS PAPERS FROM SEMI-ANNUAL MEETINGS OF THE INSTITUTE, INTERVIEWS, REVIEW OF CURRENT LITERATURE AND SUMMARY OF CURRENT...

JOURNAL - ISSUED 6 TIMES A YEAR TO SOME 4200 PERSONS AROUND THE WORLD. CONTAINS PAPERS FROM SEMI-ANNUAL MEETINGS OF THE INSTITUTE, INTERVIEWS, REVIEW OF CURRENT LITERATURE AND SUMMARY OF CURRENT EVENTS IN INDUSTRIAL RESEARCH AND DEVELOPMENT

Program 3

MISCELLANEOUS - 12 NEWSLETTERS PER YEAR PLUS OTHER COMMUNICATIONS CONCERNING COMMITTEE ACTIVITIES AND AWARD PROGRAMS. NETWORKING MEETINGS DEPRECIATION

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2022	2021	Change
Revenue	N/A	$2,445,411	-1.0%
Expenses	N/A	$2,509,766	-1.0%
Net Income	N/A	$-64,355	N/A

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	CHIEF OPER.	N/A	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
2022	No data	No data	$3,777,581	No data
2021	$2,445,411	$2,509,766	$4,485,742	$-64,355
2020	$2,376,846	$2,458,017	$4,359,927	$-81,171
2019	$2,989,165	$3,053,962	$4,653,292	$-64,797
2018	$3,045,307	$2,965,353	$4,494,742	$79,954