AMERICAN HAND THERAPY FOUNDATION INC

EIN: 351796130 501(c)(3) Medical Research

HOUSTON, TX

Total Revenue
$144,325
Total Expenses
$132,693
Total Assets
$621,403
Net Assets
$621,403
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
IN
Principal Officer
GARY SOLOMON
Phone
6025244492
Tax Period
2024-01-01 to 2024-12-31

AMERICAN HAND THERAPY FOUNDATION INC, founded in 1989, is a small nonprofit in the Medical Research sector that reported $144K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $133K left a modest 8% surplus.

Mission

TO PROMOTE SCIENTIFIC AND CLINICAL RESEARCH IN THE FIELD OF HAND THERAPY THROUGH GRANTS, EDUCATIONAL PROGRAMS, AND OTHER ACTIVITIES IN AN EFFORT TO IMPROVE PATIENT CARE FOR THOSE WHO HAVE SUSTAINED UPPER EXTREMITY INJURIES OR DISEASE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $127,037
Program Service Revenue $0
Investment Income $19,148
Other Revenue $-1,860
TOTAL REVENUE $144,325

Expense Breakdown

Grants Paid $74,506
Salaries & Benefits $0
Fundraising Expenses $13,135
Program Expenses $88,764
Other Expenses $58,187
TOTAL EXPENSES $132,693

Year-over-Year Comparison

2024 2023 Change
Revenue $144,325 $130,140 +0.1%
Expenses $132,693 $123,352 +0.1%
Net Income $11,632 $6,788 +0.7%
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
13
Independent Members
13
Employees
N/A
Volunteers
22

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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY SOLOMON CHAIR 5.00
Officer Director
$0 $0 $0
DORIT AARON INTERIM VICE CHAIR 5.00
Officer Director
$0 $0 $0
ALEXANDRA MACKENZIE SECRETARY 1.25
Officer Director
$0 $0 $0
GRETCHEN BACHMAN TREASURER 3.75
Officer Director
$0 $0 $0
KIRK GOBER BOARD MEMEBER, DIRETOR OF DEVELOPMENT 5.00
Director
$0 $0 $0
APRIL COWAN BOARD MEMEBER, DIRECTOR OF GRANTS 5.00
Director
$0 $0 $0
BARBARA WINTHROP BOARD MEMBER 5.00
Director
$0 $0 $0
CAROLINE JANSEN BOARD MEMBER, EDUCATION DIV. CHAIR 8.00
Director
$0 $0 $0
MARSHA LAWRENCE BOARD MEMBER 5.00
Director
$0 $0 $0
REBECCA EHRETSMAN BOARD MEMBER 1.00
Director
$0 $0 $0
MARISOL MONASTERIO BOARD MEMBER, DIRECTOR OF COMMUNICATIONS 5.00
Director
$0 $0 $0
HANNAH GIFT BOARD MEMBER 3.00
Director
$0 $0 $0
MIGUEL A PIRELA-CRUZ 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 $144,325 $132,693 $621,403 $11,632
2023 $130,140 $123,352 $588,200 $6,788
2022 $152,626 $93,802 $545,897 $58,824
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