INSTITUTE FOR QUANTITATIVE RESEARCH IN FINANCE (EIN 223773177) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

RICHARD LINDSEY

Phone

2127446825

Tax Period

2023-01-01 to 2023-12-31

INSTITUTE FOR QUANTITATIVE RESEARCH IN FINANCE, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $597K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $707K exceeded revenue, resulting in a 18% operating deficit.

Mission

FORUM TO EVALUATE NEW RESEARCH, QUANTITATIVE APPLICATIONS AND PROVIDE SOLUTIONS TO IMPROVE INVESTMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $596,973

Investment Income $152

Other Revenue $0

TOTAL REVENUE $597,125

Expense Breakdown

Grants Paid $10,366

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $535,571

Other Expenses $696,203

TOTAL EXPENSES $706,569

Year-over-Year Comparison

	2023	2022	Change
Revenue	$597,125	$472,027	+0.3%
Expenses	$706,569	$649,928	+0.1%
Net Income	$-109,444	$-177,901	-0.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD LINDSEY	CHAIRMAN	5.00	Officer Director	$0	$0	$0
ANDREW ANG	BOARD MEMBER	3.00	Director	$0	$0	$0
CLIFFORD ASNESS	BOARD MEMBER	1.00	Director	$0	$0	$0
VINEER BHANSALI	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES GORDON JR	BOARD MEMBER	1.00	Director	$0	$0	$0
FEIFEL LI	BOARD MEMBER	1.00	Director	$0	$0	$0
MEHDI MAHMUD	BOARD MEMBER	5.00	Director	$0	$0	$0
SEBASTIAN PAGE	BOARD MEMBER	1.00	Director	$0	$0	$0
MUSTAFA SAGUN	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURANCE SIEGEL	BOARD MEMBER	1.00	Director	$0	$0	$0
KENNETH WINSTON	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREW WEISMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG VAN INWEGEN	BOARD MEMBER	1.00	Director	$0	$0	$0
RON KAHN	BOARD MEMBER	1.00	Director	$0	$0	$0
INNA OKOUNKOVA	BOARD MEMBER	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	No data	No data	No data	No data
2023	$597,125	$706,569	$1,445,634	$-109,444
2022	$472,027	$649,928	$1,548,670	$-177,901
2021	$276,726	$453,898	$1,195,413	$-177,172
2020	$550,544	$392,222	$1,462,422	$158,322
2019	$818,780	$719,522	$1,249,894	$99,258
2018	$876,115	$834,617	$1,152,757	$41,498

INSTITUTE FOR QUANTITATIVE RESEARCH IN FINANCE