SCHARP LACY RESEARCH INSTITUTE (EIN 205582067) - 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

2006

Legal Domicile

Principal Officer

DAVID SCHARP

Phone

9497271972

Tax Period

2023-01-01 to 2023-12-31

SCHARP LACY RESEARCH INSTITUTE, founded in 2006, is a small nonprofit that reported $123K in total revenue in fiscal year 2023. Revenue fell 62% from the prior year — a significant decline worth monitoring.

Mission

THE PRIMARY PURPOSE IS TO COLLECT AND RECEIVE CONTRIBUTIONS FOR USE IN SCIENTIFIC RESEARCH, PRIMARILY DIABETES TREATMENTS.

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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 $122,691

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $122,691

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $122,691

Other Expenses $125,361

TOTAL EXPENSES $125,361

Year-over-Year Comparison

	2023	2022	Change
Revenue	$122,691	$322,378	-0.6%
Expenses	$125,361	$324,273	-0.6%
Net Income	$-2,670	$-1,895	+0.4%

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

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
ORION HEGRE PHD	BOARD OF DIRECTORS-CHAIR	0.00	Director	$0	$0	$0
ROY MCCORD	BOARD OF DIRECTORS-MEMBER	0.00	Director	$0	$0	$0
REVEREND MARK FELDMEIR	BOARD OF DIRECTORS-MEMBER	0.00	Director	$0	$0	$0
DAVID W SCHARP MD	SCIENTIFIC DIRECTOR	5.00	Officer	$0	$0	$0
PAUL LATTA	SECRETARY	0.00	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
2023	$122,691	$125,361	No data	$-2,670
2022	$322,378	$324,273	$268	$-1,895
2021	$413,946	$414,141	$668	$-195
2020	$340,121	$341,986	$863	$-1,865
2019	$435,767	$434,307	$2,728	$1,460
2018	$401,126	$414,701	$66,330	$-13,575

SCHARP LACY RESEARCH INSTITUTE