MEMPHIS RESEARCH CONSORTIUM INC (EIN 270497927) - 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

2009

Legal Domicile

Principal Officer

DR DAVID RUDD

Phone

9012899551

Tax Period

2023-01-01 to 2023-12-31

MEMPHIS RESEARCH CONSORTIUM INC, founded in 2009, is a small nonprofit that reported $229K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

NONPROFIT PROMOTION OF RESEARCH NETWORKING AND COLLABORATION.

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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 $229,291

Program Service Revenue $0

Investment Income $122

Other Revenue $0

TOTAL REVENUE $229,413

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $221,519

Other Expenses $223,534

TOTAL EXPENSES $223,534

Year-over-Year Comparison

	2023	2022	Change
Revenue	$229,413	$256,994	-0.1%
Expenses	$223,534	$286,136	-0.2%
Net Income	$5,879	$-29,142	-1.2%

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

$1,315,938

Total Directors

$2,356,212

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM HARDGRAVE	PRESIDENT/CHAIRMAN	1.00	Officer Director	$0	$23,907	$734,932
ANTHONY FERRARA	TREASURER	5.00	Officer Director	$0	$15,834	$437,215
STEPHANIE BEASLEY	SECRETARY	1.00	Officer Director	$0	$10,342	$143,791
RODNEY BALLARD	DIRECTOR	1.00	Director	$0	$0	$0
PETER F BUCKLEY	DIRECTOR	1.00	Director	$0	$22,943	$1,040,274
JAMES DOWNING	DIRECTOR	1.00	Director	$0	$0	$0
BOB JONES	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN MCDANIEL	DIRECTOR	1.00	Director	$0	$0	$0
MARK WHITE	DIRECTOR	1.00	Director	$0	$0	$0
CINDY WYCKOFF	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
2023	$229,413	$223,534	$28,660	$5,879
2022	$256,994	$286,136	$22,781	$-29,142
2021	$10,093	$290,791	$51,923	$-280,698
2020	$135,227	$275,747	$332,621	$-140,520
2019	$471,497	$256,197	$473,141	$215,300
2018	$250,832	$162,896	$267,737	$87,936

MEMPHIS RESEARCH CONSORTIUM INC