RESEARCH & DEVELOPMENT ASSOC FOR MILITARY FOOD & PACKAGING SYSTEMS (EIN 362091509) - 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

1948

Legal Domicile

Principal Officer

JOHN MCNULTY

Phone

2104938024

Tax Period

2023-01-01 to 2023-12-31

RESEARCH & DEVELOPMENT ASSOC FOR MILITARY FOOD & PACKAGING SYSTEMS, founded in 1948, is a small nonprofit that reported $629K in total revenue in fiscal year 2023. Expenses of $609K left a modest 3% surplus.

Mission

RESEARCH AND DEVELOPMENT IN FOOD INDUSTRY

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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 $101,475

Program Service Revenue $527,256

Investment Income $134

Other Revenue $0

TOTAL REVENUE $628,865

Expense Breakdown

Grants Paid $0

Salaries & Benefits $280,910

Fundraising Expenses $0

Other Expenses $327,985

TOTAL EXPENSES $608,895

Year-over-Year Comparison

	2023	2022	Change
Revenue	$628,865	$639,585	0.0%
Expenses	$608,895	$576,400	+0.1%
Net Income	$19,970	$63,185	-0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSS CAMPBELL	CHAIRMAN, FI	5.00	Officer Director	$0	$0	$0
ELVA CHARLES	CHAIRMAN OF	12.00	Officer Director	$0	$0	$0
SUE HARRINGTON	CHAIRMAN, ME	5.00	Officer Director	$0	$0	$0
LANA LIS	CHAIRMAN, AC	5.00	Officer Director	$0	$0	$0
DAVE LONGSTAFF	VICE CHAIR O	12.00	Officer 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	No data	No data	No data	No data
2023	$628,865	$608,895	$245,418	$19,970
2022	$639,585	$576,400	$210,710	$63,185
2021	$508,511	$617,697	$276,530	$-109,186
2020	$233,902	$376,181	$317,430	$-142,279
2019	$691,873	$622,549	$381,377	$69,324
2018	$655,352	$579,271	$323,955	$76,081

RESEARCH & DEVELOPMENT ASSOC FOR MILITARY FOOD & PACKAGING SYSTEMS