INDIANAPOLIS GASTROENTEROLOGY RESEARCH FOUNDATION INC (EIN 351826471) - 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

1991

Legal Domicile

Principal Officer

DAVID C POUND

Phone

3178652955

Tax Period

2022-01-01 to 2022-12-31

INDIANAPOLIS GASTROENTEROLOGY RESEARCH FOUNDATION INC, founded in 1991, is a small nonprofit that reported $220K in total revenue in fiscal year 2022. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $565K exceeded revenue, resulting in a 156% operating deficit.

Mission

PROVIDE RESEARCH AND EDUCATION FOR THE TREATMENT OF GASTROINTESTINAL 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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $231,261

Investment Income $-10,953

Other Revenue $0

TOTAL REVENUE $220,308

Expense Breakdown

Grants Paid $215,347

Salaries & Benefits $113,651

Fundraising Expenses $0

Program Expenses $554,854

Other Expenses $235,507

TOTAL EXPENSES $564,505

Year-over-Year Comparison

	2022	2021	Change
Revenue	$220,308	$741,197	-0.7%
Expenses	$564,505	$590,220	0.0%
Net Income	$-344,197	$150,977	-3.3%

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

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

$61,638

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH S BUCKLEY	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS IMPERIALE	DIRECTOR	2.00	Director	$0	$0	$0
STEPHEN J MAHONEY	DIRECTOR	2.00	Director	$0	$0	$0
PAUL HAYNES	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL S MORELLI	DIRECTOR	2.00	Director	$0	$0	$0
SHAN L CHENG	DIRECTOR	2.00	Director	$0	$0	$0
DAVID C POUND	PRESIDENT	12.00	Officer	$61,638	$0	$61,638

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
2022	$220,308	$564,505	No data	$-344,197
2021	$741,197	$590,220	$378,375	$150,977
2020	$504,107	$531,093	$249,040	$-26,986
2019	$827,019	$1,063,064	$251,301	$-236,045
2018	$1,056,686	$1,048,800	$504,509	$7,886

INDIANAPOLIS GASTROENTEROLOGY RESEARCH FOUNDATION INC