FUND FOR MYELOMA EDUCATION AND RESEARCH INC

EIN: 270531971 501(c)(3) Diseases & Disorders

NEEDHAM, MA

Total Revenue
$18,986
Total Expenses
$6,600
Total Assets
$1,045,514
Net Assets
$1,025,058
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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
MA
Tax Period
2019-01-01 to 2019-12-31

FUND FOR MYELOMA EDUCATION AND RESEARCH INC, founded in 2009, is a micro nonprofit in the Diseases & Disorders sector that reported $19K in total revenue in fiscal year 2019. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12K, a strong 65% operating margin.

Mission

IS ORGANIZED & OPERATED TO PROMOTE PUBLIC HEALTH THROUGH THE FURTHERANCE OF RESEARCH RELATING TO THE CAUSES TREATMENTS AND POSSIBLE CURES FOR MYELOMA & RELATED CONDITIONS.THIS IS ACCOMPLISED PRIMARILY BY SUPPORTING WORLDWIDE RESEARCH INITIATIVES,THE SHARING OF INFORMATION & PROMOTING COLLABORATION BETWEEN RESEARCHERS & PRACTITIONERS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $18,986
Other Revenue $0
TOTAL REVENUE $18,986

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $6,600
TOTAL EXPENSES $6,600

Year-over-Year Comparison

2019 2018 Change
Revenue $18,986 $14,871 +0.3%
Expenses $6,600 $3,000 +1.2%
Net Income $12,386 $11,871 +0.0%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NIKHIL MUNSHI President 2.50
Officer
$0 $0 $0
SVINCENT RAJKUMAR Secretary 2.50
Officer
$0 $0 $0
SUNDAR JAGANNATH Director 2.50
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
2019 $18,986 $6,600 $1,045,514 $12,386
2018 $14,871 $3,000 $1,026,527 $11,871
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