FRIENDS OF THE ROYAL COLLEGE OF SURGEONS IN IRELAND INC

EIN: 237093591 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$447,294
Total Expenses
$468,175
Total Assets
$383,368
Net Assets
$383,368
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
NY
Principal Officer
DR MICHAEL BRENNAN
Phone
2123057822
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF THE ROYAL COLLEGE OF SURGEONS IN IRELAND INC, founded in 1970, is a small nonprofit in the International Affairs sector that reported $447K in total revenue in fiscal year 2025. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO MEDICAL AND EDUCATIONAL INSTITUTIONS IN IRELAND AND THE UNITED STATES.

Program Service Accomplishments

Program 1
Expenses: $450,000

TO PROVIDE SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO MEDICAL INSTITUTIONS IN THE REPUBLIC OF IRELAND AND THE UNITED STATES.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $447,294
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $447,294

Expense Breakdown

Grants Paid $450,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $450,000
Other Expenses $18,175
TOTAL EXPENSES $468,175

Year-over-Year Comparison

2025 2024 Change
Revenue $447,294 $351,305 +0.3%
Expenses $468,175 $296,614 +0.6%
Net Income $-20,881 $54,691 -1.4%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR MICHAEL BRENNAN PRESIDENT 2.50
Officer Director
$0 $0 $0
DR HELEN M TOWERS SECRETARY / TREASURER 7.50
Officer Director
$0 $0 $0
DR FAIZ HASHAM TRUSTEE 2.00
Director
$0 $0 $0
DR EMMA MEAGHER TRUSTEE 2.00
Director
$0 $0 $0
PROFESSOR MARK DAVIS TRUSTEE 2.00
Director
$0 $0 $0
PROFESSOR DAVID KENNEDY TRUSTEE 2.00
Director
$0 $0 $0
DR CLARE TEMPANY-AFDHAL TRUSTEE 2.00
Director
$0 $0 $0
DR JAMES DOONER TRUSTEE 2.00
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
2025 $447,294 $468,175 $383,368 $-20,881
2024 $351,305 $296,614 $404,249 $54,691
2023 $456,053 $264,612 $399,558 $191,441
2022 $308,317 $372,706 $158,192 $-64,389
2021 $455,904 $489,115 $222,581 $-33,211
2020 $295,591 $266,699 $255,792 $28,892
2019 $236,830 $206,720 $226,825 $30,110
2018 $200,027 $249,345 $196,715 $-49,318
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