FOUNDATION OF THE NATIONAL LIPID ASSOCIATION INC (EIN 201576306) - 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

2005

Legal Domicile

Principal Officer

BRIAN HART

Phone

9049980853

Tax Period

2023-01-01 to 2023-12-31

FOUNDATION OF THE NATIONAL LIPID ASSOCIATION INC, founded in 2005, is a small nonprofit in the Medical Research sector that reported $284K in total revenue in fiscal year 2023. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $148K, a strong 52% operating margin.

Mission

THE FOUNDATION SUPPORTS PATIENTS AND CLINICIAN EDUCATIONAL, RESEARCH AND COMMUNITY OUTREACH ACTIVITIES THAT ENHANCE AND IMPROVE THE WELFARE OF PATIENTS AND FAMILIES AFFECTED BY CHOLESTEROL AND TRIGLYCERIDE PROBLEMS.

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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 $216,658

Program Service Revenue $0

Investment Income $67,294

Other Revenue $0

TOTAL REVENUE $283,952

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $68,855

Other Expenses $136,227

TOTAL EXPENSES $136,227

Year-over-Year Comparison

	2023	2022	Change
Revenue	$283,952	$165,104	+0.7%
Expenses	$136,227	$222,079	-0.4%
Net Income	$147,725	$-56,975	-3.6%

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

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
BRIAN HART	EXECUTIVE DI	N/A	Officer	$0	$0	$0
JAMES A UNDERBERG	PRESIDENT	N/A	Officer Director	$0	$0	$0
ANN M LIEBESKIND	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MARLYS KOSCHINSKY	SECRETARY	N/A	Officer Director	$0	$0	$0
LORI A ALEXANDER	TREASURER	N/A	Officer Director	$0	$0	$0
ANNE C GOLDBERG	IMMEDIATE PA	N/A	Officer Director	$0	$0	$0
RONALD CODARIO	DIRECTOR	N/A	Director	$0	$0	$0
BOB RAMBO	DIRECTOR	N/A	Director	$0	$0	$0
JAMES M FALKO	DIRECTOR	N/A	Director	$0	$0	$0
SCOTT MERRYMAN	DIRECTOR	N/A	Director	$0	$0	$0
JOYCE L ROSS	DIRECTOR	N/A	Director	$0	$0	$0
NOREEN NAZIR	DIRECTOR	N/A	Director	$0	$0	$0
LINDA C HEMPHILL	DIRECTOR	N/A	Director	$0	$0	$0
NATALIYA PYSLAR	DIRECTOR	N/A	Director	$0	$0	$0
LAUREN WILLIAMS	DIRECTOR	N/A	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	No data	No data	No data	No data
2023	$283,952	$136,227	$869,995	$147,725
2022	$165,104	$222,079	$797,270	$-56,975
2021	$217,267	$211,018	$779,245	$6,249
2020	$326,384	$216,903	$762,216	$109,481
2019	$188,254	$116,750	$652,735	$71,504
2018	$173,624	$210,311	$607,231	$-36,687

FOUNDATION OF THE NATIONAL LIPID ASSOCIATION INC