The Sharpe - Strumia Research Foun… - Form 990 Financial Data

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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

2004

Legal Domicile

Principal Officer

JACK L MARTIN MD

Phone

4843374244

Tax Period

2023-07-01 to 2024-06-30

The Sharpe - Strumia Research Foundation of the Bryn Mawr Hospital, founded in 2004, is a community nonprofit in the Diseases & Disorders sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $198K, a strong 16% operating margin.

Mission

THE MISSION OF THE SHARPE-STRUMIA RESEARCH FOUNDATION IS TO SUPPORT AND CARRY OUT THE MISSIONS OF THE MAIN LINE HOSPITALS BY ENCOURAGING AND SUPPORTING THE CONDUCT OF MEDICAL RESEARCH BY PRACTICING PHYSICIANS ON THE MEDICAL STAFF AT MAIN LINE HOSPITALS WITH PREFERENCE GIVEN TO PHYSICIANS WHOSE PRIMARY HOSPITAL AFFILIATION IS THE BRYN MAWR CAMPUS AND TO RESEARCH WHICH RELATES TO IDENTIFIED CLINICAL INITIATIVES AT BRYN MAWR HOSPITAL OR OTHER MAIN LINE HOSPITALS.

Program Service Accomplishments

Program 1

Expenses: $811,726

THE FOUNDATION FUNDED 16 GRANTS FOR MEDICAL RESEARCH ACCORDING TO ITS MISSION STATEMENT. EACH RESEARCH GRANT WAS MONITORED BY THE FOUNDATION'S SCIENTIFIC COMMITTEE TO INSURE THE INVESTIGATORS WERE...

THE FOUNDATION FUNDED 16 GRANTS FOR MEDICAL RESEARCH ACCORDING TO ITS MISSION STATEMENT. EACH RESEARCH GRANT WAS MONITORED BY THE FOUNDATION'S SCIENTIFIC COMMITTEE TO INSURE THE INVESTIGATORS WERE PROPERLY EXPENSING THEIR GRANTS AND THE INVESTIGATORS DID SUBMIT PROGRESS REPORTS FOR THE COMMITTEE TO MONITOR, THESE RESEARCH PROGRAMS ALLOW THE ADVANCEMENT OF MEDICAL KNOWLEDGE.

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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 $207,140

Program Service Revenue $0

Investment Income $1,006,192

Other Revenue $149

TOTAL REVENUE $1,213,481

Expense Breakdown

Grants Paid $811,726

Salaries & Benefits $140,530

Fundraising Expenses $0

Program Expenses $811,726

Other Expenses $63,122

TOTAL EXPENSES $1,015,378

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,213,481	$996,815	+0.2%
Expenses	$1,015,378	$935,371	+0.1%
Net Income	$198,103	$61,444	+2.2%

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

$39,061

Total Directors

$2,318,040

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NED CARP MD	Director	1.0	Director	$0	$39,062	$1,082,057
John T Schwarz	DIRECTOr	1.0	Director	$0	$131,500	$854,237
Jeffery Wise	DIRECTOR	1.0	Director	$0	$42,445	$270,639
LOUISE GETHERS	DIRECTOR, ADMIN ASST	40.0	Director	$59,305	$12,741	$72,046
Jack L Martin MD	PRESIDENT	5.0	Officer Director	$22,160	$0	$22,160
BArbara S Lindsay RN	TREASURER/SECRETARY	1.0	Officer Director	$16,901	$0	$16,901
GUY BERNSTEIN MD	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
GARY Friday MD	DIRECTOR	1.0	Director	$0	$0	$0
HANS Liu MD	DIRECTOR	1.0	Director	$0	$0	$0
JAMES Mullin PhD	Director	1.0	Director	$0	$0	$0
LAWRENCE LIVORNESE JR MD	DIRECTOR	1.0	Director	$0	$0	$0
miCHELE COLUMBO	DIRECTOR	1.0	Director	$0	$0	$0
Scott K Dessain MD PhD	Designee for Larry Livornese	1.0	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
2025	No data	No data	No data	No data
2024	$1,213,481	$1,015,378	$24,560,991	$198,103
2023	$996,815	$935,371	$22,459,181	$61,444
2022	$1,098,202	$952,191	$20,997,404	$146,011
2021	$1,417,708	$1,036,019	$25,307,489	$381,689
2020	$1,169,588	$860,556	$20,791,061	$309,032
2019	$698,763	$651,785	$20,200,789	$46,978
2018	$898,116	$772,218	$19,499,070	$125,898

The Sharpe - Strumia Research Foundation of the Bryn Mawr Hospital