AMERICAN SPINAL RESEARCH ORG INC (EIN 351981439) - 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

1996

Legal Domicile

Principal Officer

DR KIM ANDERSON - ERISMAN

Phone

8003614004

Tax Period

2024-01-01 to 2024-12-31

AMERICAN SPINAL RESEARCH ORG INC, founded in 1996, is a small nonprofit in the Medical Research sector that reported $127K in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $154K exceeded revenue, resulting in a 21% operating deficit.

Mission

THIS CORPORATION IS ORGANIZED FOR CHARITABLE AND EDUCATIONAL PURPOSES INCLUDING FOR SUCH PURPOSES, THE FUNDING OF TARGETED SCIENTIFIC AND MEDICAL RESEARCH WHICH IS DEDICATED TO THE IMPROVEMENT OF THE PHYSICAL QUALITY OF LIFE FOR PERSONS WITH A SPINAL CORD INJURY AND THOSE WITH RELATED NEUROLOGICAL DEFICITS AND THE FUNDING OF AWARENESS AND PREVENTION PROGRAMS FOR THE GENERAL PUBLIC WITH THE GOAL OF REDUCING THE INCIDENCE OF SPINAL CORD INJURIES

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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 $81,549

Program Service Revenue $45,501

Investment Income $0

Other Revenue $0

TOTAL REVENUE $127,050

Expense Breakdown

Grants Paid $37,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $95,270

Other Expenses $116,237

TOTAL EXPENSES $153,737

Year-over-Year Comparison

	2024	2023	Change
Revenue	$127,050	$295,422	-0.6%
Expenses	$153,737	$295,745	-0.5%
Net Income	$-26,687	$-323	+81.6%

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
DR KIM ANDERSON - ERISMAN	DIRECTOR	10.00	Director	$0	$0	$0
BARRY MUNRO	TREASURER	10.00	Officer	$0	$0	$0
JENNIFER FRENCH	PRESIDENT	10.00	Officer	$0	$0	$0
IAN BURKHART	DIRECTOR	10.00	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	$127,050	$153,737	$940	$-26,687
2023	$295,422	$295,745	$2,277	$-323
2022	$330,091	$321,213	$9,600	$8,878
2021	$244,758	$253,318	$1,635	$-8,560

AMERICAN SPINAL RESEARCH ORG INC