Bloomington, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Indiana University Research & Technology Corporation, founded in 1996, is a small nonprofit in the Education sector that reported $871K in total revenue in fiscal year 2024. Expenses of $1.2M exceeded revenue, resulting in a 37% operating deficit.
The Indiana University Research and Technology Corporation (IURTC) serves Indiana university, the state of Indiana, and the nation through creation and application of the university developed technologies and services, and the expanded linkage of the private sector to the university.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $871,095 | $-921,418 | -1.9% |
| Expenses | $1,194,456 | $1,536,755 | -0.2% |
| Net Income | $-323,361 | $-2,458,173 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Anthony Armstrong | President And CEO | 40.0 |
Officer
Director
|
$0 | $60,264 | $350,105 |
| Bill Stephan | Chairman | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Charles Schalliol | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Elizabeth Hagerman | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Gregg Summerville | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Joyce Rogers | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Kathy Fields | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Mark Kelley | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Ravi Bhatt | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Russel J Mumper | Member | 1.0 |
Director
|
$0 | $75,546 | $546,979 |
| Theodore Widlanski | Member | 1.0 |
Director
|
$0 | $35,064 | $214,649 |
| Tina Peterson | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Ting Gootee | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Jason Whitney | CIO | 40.0 |
Highest
|
$204,356 | $53,631 | $257,987 |
| Jonathan Barada | VP of Engagement | 40.0 |
Highest
|
$204,067 | $32,829 | $236,896 |
| Michael Burton | CFO | 40.0 |
Highest
|
$160,207 | $39,729 | $199,936 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $871,095 | $1,194,456 | $16,815,995 | $-323,361 |
| 2024 | No data | No data | No data | No data |
| 2023 | $414,038 | $1,722,761 | $20,053,172 | $-1,308,723 |
| 2022 | $5,196,911 | $1,586,736 | $21,292,100 | $3,610,175 |
| 2021 | $539,028 | $1,275,238 | $17,699,684 | $-736,210 |
| 2020 | $1,160,102 | $1,425,422 | $18,377,381 | $-265,320 |
| 2019 | $1,425,789 | $1,694,722 | $18,644,673 | $-268,933 |
| 2018 | $1,048,265 | $2,254,955 | $18,984,301 | $-1,206,690 |
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