TRI-STATE MULTIPLE SCLEROSIS ASSN

EIN: 352125406 501(c)(3) Medical Research

EVANSVILLE, IN

Total Revenue
$155,199
Total Expenses
$138,870
Total Assets
$1,051,379
Net Assets
$1,049,856
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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
2000
Legal Domicile
IN
Principal Officer
JODY DONOSKY
Phone
8124710030
Tax Period
2024-01-01 to 2024-12-31

TRI-STATE MULTIPLE SCLEROSIS ASSN, founded in 2000, is a small nonprofit in the Medical Research sector that reported $155K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $139K left a modest 11% surplus.

Mission

TO ASSIST, SERVE AND INFORM PERSONS IMPACTED BY MULTIPLE SCLEROSIS.

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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 $29,334
Program Service Revenue $500
Investment Income $32,857
Other Revenue $92,508
TOTAL REVENUE $155,199

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,172
Fundraising Expenses $0
Program Expenses $138,870
Other Expenses $48,698
TOTAL EXPENSES $138,870

Year-over-Year Comparison

2024 2023 Change
Revenue $155,199 $133,986 +0.2%
Expenses $138,870 $162,795 -0.1%
Net Income $16,329 $-28,809 -1.6%
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

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Governance

Voting Members
15
Independent Members
15
Employees
4
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SANDY BITTER DIRECTOR N/A
Director
$0 $0 $0
KRISTIN DANNHEISER DIRECTOR N/A
Director
$0 $0 $0
FRED DOEPKER DIRECTOR N/A
Director
$0 $0 $0
HEATHER FREDERICK DIRECTOR N/A
Director
$0 $0 $0
DEBRA HEBBELER EXECUTIVE DI N/A
Director
$0 $0 $0
ANGIE MARTIN DIRECTOR N/A
Director
$0 $0 $0
JOY O'CONNER DIRECTOR N/A
Director
$0 $0 $0
SHARON OMER ADVISOR N/A
Director
$0 $0 $0
CONNIE ROMAIN DIRECTOR N/A
Director
$0 $0 $0
ALAN N SHOVERS ADVISOR N/A
Director
$0 $0 $0
TIFFANY STEPTO DIRECTOR N/A
Director
$0 $0 $0
JOSH DAVIS SECRETARY N/A
Officer
$0 $0 $0
JODY DONOSKY CHAIR PERSON N/A
Officer
$0 $0 $0
BEN JOERGENS SECRETARY N/A
Officer
$0 $0 $0
DONNA TEAGUE TREASURER N/A
Officer
$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 $155,199 $138,870 $1,051,379 $16,329
2023 $133,986 $162,795 $984,659 $-28,809
2022 $148,167 $122,823 $952,180 $25,344
2021 $140,176 $126,715 $1,107,999 $13,461
2020 $137,326 $150,051 $1,092,058 $-12,725
2019 $209,963 $189,638 $1,065,202 $20,325
2018 $220,603 $180,373 $988,303 $40,230
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