RESEARCH ADVOCACY NETWORK INC (EIN 352209499) - 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

2003

Legal Domicile

Principal Officer

MARY LOU SMITH

Phone

8772762187

Tax Period

2023-01-01 to 2023-12-31

RESEARCH ADVOCACY NETWORK INC, founded in 2003, is a small nonprofit in the Medical Research sector that reported $352K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

A NETWORK OF ADVOCATES AND RESEARCHERS WORKING TOGETHER TO IMPROVE CANCER PATIENT CARE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $296,000

Program Service Revenue $56,090

Investment Income $0

Other Revenue $0

TOTAL REVENUE $352,090

Expense Breakdown

Grants Paid $0

Salaries & Benefits $132,000

Fundraising Expenses $10,818

Program Expenses $298,151

Other Expenses $211,842

TOTAL EXPENSES $343,842

Year-over-Year Comparison

	2023	2022	Change
Revenue	$352,090	$385,778	-0.1%
Expenses	$343,842	$326,372	+0.1%
Net Income	$8,248	$59,406	-0.9%

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

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

$132,000

Total Directors

$132,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY LOU SMITH	PRESIDENT	45.00	Officer Director	$66,000	$0	$66,000
ELDA RAILEY	TREASURER	45.00	Officer Director	$66,000	$0	$66,000
JOAN MCCLURE	BOARD MEMBER	0.00	Director	$0	$0	$0
CYNTHIA CHAUHAN	BOARD MEMBER	0.00	Director	$0	$0	$0
RUTH CARLOS MD	BOARD MEMBER	0.00	Director	$0	$0	$0
DAVID GERBER MD	BOARD MEMBER	0.00	Director	$0	$0	$0
DONNA MARINUCCI	BOARD MEMBER	0.00	Director	$0	$0	$0
GEORGE W SLEDGE JR MD	BOARD MEMBER	0.00	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
2023	$352,090	$343,842	$242,174	$8,248
2022	$385,778	$326,372	$233,193	$59,406
2021	$276,198	$385,020	$167,959	$-108,822
2020	$349,921	$300,424	$276,731	$49,497
2019	$351,488	$286,768	$227,212	$64,720
2018	$389,350	$373,269	$163,639	$16,081

RESEARCH ADVOCACY NETWORK INC