INTERNATIONAL SPINE RESEARCH FOUND… - Form 990 Financial Data

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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

CHRISTOPHER COLLOCA

Phone

4807858448

Tax Period

2025-01-01 to 2025-12-31

INTERNATIONAL SPINE RESEARCH FOUNDATION INC, founded in 2009, is a micro nonprofit in the Health Care sector that reported $4K in total revenue in fiscal year 2025. Expenses of $123K exceeded revenue, resulting in a 2688% operating deficit.

Mission

THE INTERNATIONAL SPINE RESEARCH FOUNDATION IS A NON-PROFIT ORGANIZATION WHOSE PURPOSE IS TO SUPPORT RESEARCH INTO BASIC SCIENCE AND CLINICAL RESEARCH INTO THE DIAGNOSIS AND TREATMENT OF SPINAL DISORDERS.

Program Service Accomplishments

Program 1

Expenses: $98,078 Revenue: $300

SUPPORT BASIC SCIENCE AND CLINICAL RESEARCH INTO THE DIAGNOSIS AND TREATMENT OF SPINAL DISORDERS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $300

Program Service Revenue $0

Investment Income $4,097

Other Revenue $0

TOTAL REVENUE $4,397

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $98,078

Other Expenses $122,599

TOTAL EXPENSES $122,599

Year-over-Year Comparison

	2025	2024	Change
Revenue	$4,397	N/A	N/A
Expenses	$122,599	$81,688	+0.5%
Net Income	$-118,202	$-81,688	+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
DR CHRISTOPHER J COLLOCA DC	CHAIRMAN	2.00	Officer Director	$0	$0	$0
ROBERT GUNZBURG MD PHD	DIRECTOR	1.00	Director	$0	$0	$0
DAVID J HALL MD	DIRECTOR	1.00	Director	$0	$0	$0
FRANK CORBO DC	DIRECTOR	1.00	Director	$0	$0	$0
MAREK SZPALSKI MD	DIRECTOR	1.00	Director	$0	$0	$0
DEED E HARRISON DC	DIRECTOR	1.00	Director	$0	$0	$0
JEB MCAVINEY DC	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
2025	$4,397	$122,599	$430,115	$-118,202
2024	No data	$81,688	$548,083	No data
2023	$143,000	$11,515	$629,954	$131,485

INTERNATIONAL SPINE RESEARCH FOUNDATION INC