THE FOOD & DRUG LAW INSTITUTE (EIN 131820189) - 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

1949

Legal Domicile

Principal Officer

CHRISTINE SIMMON

Phone

2023711420

Tax Period

2024-01-01 to 2024-12-31

THE FOOD & DRUG LAW INSTITUTE, founded in 1949, is a community nonprofit in the Crime & Legal sector that reported $3.7M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $4.2M exceeded revenue, resulting in a 11% operating deficit.

Mission

PROVIDES EDUCATION, TRAINING AND PUBLICATIONS ON TOPICAL FOOD AND DRUG LAW.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,597,864

Investment Income $123,612

Other Revenue $25,649

TOTAL REVENUE $3,747,125

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $2,457,974

Fundraising Expenses $0

Program Expenses $3,151,231

Other Expenses $1,700,745

TOTAL EXPENSES $4,160,219

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,747,125	$4,006,030	-0.1%
Expenses	$4,160,219	$4,128,929	+0.0%
Net Income	$-413,094	$-122,899	+2.4%

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

Volunteers

850

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

$660,982

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELANIE GROSS	TREASURER	2.00	Officer Director	$0	$0	$0
FREDDY JIMENEZ	CHAIR	2.00	Officer Director	$0	$0	$0
AMY NORRIS	SCRETARY AND	2.00	Officer Director	$0	$0	$0
VERNESSA POLLARD	VICE CHAIR	2.00	Officer Director	$0	$0	$0
RICARDO CARVAJAL	DIRECTOR	1.00	Director	$0	$0	$0
SONALI GUNAWARDHANA	DIRECTOR	1.00	Director	$0	$0	$0
ADORA NDU	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT D DANZIS	DIRECTOR	1.00	Director	$0	$0	$0
NEAL FORTIN	DIRECTOR	1.00	Director	$0	$0	$0
BRYANT M GODFREY	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN HAVENS	DIRECTOR	1.00	Director	$0	$0	$0
BETH G OLIVIA	DIRECTOR	1.00	Director	$0	$0	$0
ZACH ROTHSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SPANGLER	DIRECTOR	1.00	Director	$0	$0	$0
MARTA L VILLARRAGA	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE SIMMON	PRES/CEO	37.50	Officer	$426,987	$38,711	$465,698
HAYLEY ELIZABETH CARPENTER	CHIEF OPER/	37.50	Officer	$180,711	$14,573	$195,284
BENJAMIN HART BUTZ	DIR. MEMBERS	37.50	Highest	$145,095	$20,037	$165,132
PAIGE THERESE SAMSON	DIR. EDUCATI	37.50	Highest	$134,022	$18,349	$152,371
CATERINA SCOLIERI	SR. DIR. MEE	37.50	Highest	$134,165	$26,658	$160,823
YU-CHIEH TINA CHANG	DEPUTY DIREC	37.50	Highest	$116,050	$21,037	$137,087
STEVEN LESLIE	DEPUTY DIREC	37.50	Highest	$117,043	$14,899	$131,942

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	$3,747,125	$4,160,219	$4,049,226	$-413,094
2023	$4,006,030	$4,128,929	$4,825,693	$-122,899
2022	$3,818,044	$3,960,627	$4,900,065	$-142,583
2021	$3,553,842	$3,165,595	$4,389,476	$388,247
2020	$2,936,570	$3,193,097	$4,006,177	$-256,527
2019	$3,735,754	$3,596,695	$4,104,943	$139,059
2018	$4,005,009	$3,709,648	$3,966,595	$295,361

THE FOOD & DRUG LAW INSTITUTE