THE INSTITUTE FOR POETIC MEDICINE (EIN 202951118) - 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

CHARLES J FOX

Phone

6509382717

Tax Period

2024-01-01 to 2024-12-31

THE INSTITUTE FOR POETIC MEDICINE, founded in 2005, is a small nonprofit in the Health Care sector that reported $183K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

The Institute for Poetic Medicine offers tools and support to heal body, mind, and spirit through the creative and therapeutic process of hearing, speaking, and writing poetry.

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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 $141,717

Program Service Revenue $39,853

Investment Income $7

Other Revenue $1,349

TOTAL REVENUE $182,926

Expense Breakdown

Grants Paid $8,190

Salaries & Benefits $98,430

Fundraising Expenses $24,829

Program Expenses $100,154

Other Expenses $71,238

TOTAL EXPENSES $177,858

Year-over-Year Comparison

	2024	2023	Change
Revenue	$182,926	$245,890	-0.3%
Expenses	$177,858	$190,016	-0.1%
Net Income	$5,068	$55,874	-0.9%

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

N/A

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

$43,830

Total Directors

$43,830

Key Employees

$98,430

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES J FOX	PRESIDENT/CEO	40.00	Officer Director Key Emp	$43,830	$0	$43,830
GEOFF OELSNER	TREASURER	6.00	Officer Director	$0	$0	$0
JANET CHILDS	RECORDING SECRETARY	3.00	Officer Director	$0	$0	$0
TRINA L WILLIAMS	DIRECTOR	2.00	Director	$0	$0	$0
LUPITA McCLANAHAN	DIRECTOR	2.00	Director	$0	$0	$0
SASHA GUZMAN	DIRECTOR	2.00	Director	$0	$0	$0
CHUCK JOY	DIRECTOR	2.00	Director	$0	$0	$0
MARY PRICE	MANAGER OF OPERATIONS	42.00	Key Emp	$54,600	$0	$54,600
WITEK NOWOSIAD	DIRECTOR	2.00	Director	$0	$0	$0
DARNELL EPPS	DIRECTOR	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	$182,926	$177,858	$82,571	$5,068
2023	$245,890	$190,016	$80,644	$55,874
2022	$211,112	$268,560	$38,557	$-57,448
2021	$203,971	$214,203	$94,035	$-10,232

THE INSTITUTE FOR POETIC MEDICINE