MIDWEST NURSING RESEARCH SOCIETY

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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

1984

Legal Domicile

Principal Officer

Jennifer Doering

Phone

6154320098

Tax Period

2024-07-01 to 2025-06-30

MIDWEST NURSING RESEARCH SOCIETY, founded in 1984, is a small nonprofit in the Education sector that reported $771K in total revenue in fiscal year 2024. Expenses of $721K left a modest 6% surplus.

Mission

TO GENERATE KNOWLEDGE, TRANSLATE EVIDENCE INTO PRACTICE, AND ENHANCE CAREERS THROUGH COLLABORATIVE ENGAGEMENT, IMPLEMENTATION, AND DISSEMINATION AMONG DIVERSE SCHOLARS

Program Service Accomplishments

Program 1

Expenses: $482,117 Revenue: $371,011

ANNUAL CONFERENCE: THE MIDWEST NURSING RESEARCH SOCIETY'S (MNRS) ANNUAL CONFERENCE IS DESIGNED TO FURTHER THE EDUCATION AND KNOWLEDGE OF THE MEMBERS AND OTHER INTERESTED PARTIES WITH RESPECT TO...

ANNUAL CONFERENCE: THE MIDWEST NURSING RESEARCH SOCIETY'S (MNRS) ANNUAL CONFERENCE IS DESIGNED TO FURTHER THE EDUCATION AND KNOWLEDGE OF THE MEMBERS AND OTHER INTERESTED PARTIES WITH RESPECT TO NURSING RESEARCH AND THEIR RESULTS.

Program 2

Revenue: $278,134

RESEARCH GRANTS: MNRS PROVIDES THE MNRS FOUNDATION WITH FUNDING FOR NURSING RESEARCH TO BE CONDUCTED BY NURSING PROFESSIONALS.

Program 3

PUBLICATIONS: MNRS PUBLICATIONS SERVE AS AN EDUCATIONAL TOOL FOR NURSES AND HEALTH CARE PROFESSIONALS WHO ARE INTERESTED IN RESEARCH ISSUES AND GRANT OPPORTUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $13,525

Program Service Revenue $729,245

Investment Income $27,754

Other Revenue $0

TOTAL REVENUE $770,524

Expense Breakdown

Grants Paid $575

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $482,117

Other Expenses $720,817

TOTAL EXPENSES $721,392

Year-over-Year Comparison

	2024	2023	Change
Revenue	$770,524	$765,145	+0.0%
Expenses	$721,392	$705,048	+0.0%
Net Income	$49,132	$60,097	-0.2%

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

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
Sharon Tucker	Pres (THRU 3/25), Past Pres	4.0	Officer Director	$0	$0	$0
Sheria Robinson-Lane	Vice President	2.0	Officer Director	$0	$0	$0
Diane Von Ah	Treasurer (Thru 3/25)	5.0	Officer Director	$0	$0	$0
Eileen Hacker	Secretary	2.0	Officer Director	$0	$0	$0
Jennifer Doering	Pres- Elect (THRU 3/25), Pres	4.0	Officer Director	$0	$0	$0
Joachim Voss	Fdtn President (eff. 4/25)	4.0	Officer Director	$0	$0	$0
Kristine Talley	Treasurer (eff. 4/25)	5.0	Officer Director	$0	$0	$0
Masako Mayahara	DIRECTOR AT LARGE	2.0	Director	$0	$0	$0
Carolyn Still	DIRECTOR AT LARGE (THRU 3/25)	2.0	Director	$0	$0	$0
Florence Johnson	Director At Large	1.0	Director	$0	$0	$0
Helen Lach	Fdtn President (Thru 3/25)	2.0	Director	$0	$0	$0
Meg Troglio	ESN Student Representative	2.0	Director	$0	$0	$0
Barbara St Marie	Director At Large (eff. 4/25)	2.0	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	$770,524	$721,392	$1,167,454	$49,132
2024	No data	No data	No data	No data
2023	$687,872	$614,113	$988,623	$73,759
2022	$688,934	$626,226	$927,711	$62,708
2021	$572,719	$392,016	$952,463	$180,703
2020	$634,600	$409,689	$726,257	$224,911
2019	$681,962	$580,793	$489,614	$101,169
2018	$701,803	$689,355	$386,239	$12,448