MCCRONE RESEARCH INSTITUTE INC (EIN 362465752) - 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

1960

Legal Domicile

Principal Officer

GARY J LAUGHLIN

Phone

3128427100

Tax Period

2024-01-01 to 2024-12-31

MCCRONE RESEARCH INSTITUTE INC, founded in 1960, is a small nonprofit that reported $505K in total revenue in fiscal year 2024. Expenses of $638K exceeded revenue, resulting in a 26% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE THE HIGHEST QUALITY MICROSCOPY AND MICROANALYTICAL EDUCATION AND RESEARCH THROUGH INTENSIVE HANDS-ON COURSES AND INSTRUCTION.

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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 $500

Program Service Revenue $508,584

Investment Income $172

Other Revenue $-4,715

TOTAL REVENUE $504,541

Expense Breakdown

Grants Paid $0

Salaries & Benefits $364,906

Fundraising Expenses $0

Program Expenses $383,889

Other Expenses $272,824

TOTAL EXPENSES $637,730

Year-over-Year Comparison

	2024	2023	Change
Revenue	$504,541	$483,441	+0.0%
Expenses	$637,730	$617,493	+0.0%
Net Income	$-133,189	$-134,052	0.0%

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

$105,164

Total Directors

$105,164

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY J LAUGHLIN	EXECUTIVE DI	40.00	Officer Director	$100,156	$5,008	$105,164
WAYNE MOOREHEAD	DIRECTOR	0.00	Director	$0	$0	$0
SAMUEL J SKIP PALENIK	DIRECTOR	0.00	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	$504,541	$637,730	$524,767	$-133,189
2023	$483,441	$617,493	$648,012	$-134,052
2022	$556,368	$576,337	$775,000	$-19,969
2021	$560,317	$512,466	$816,149	$47,851
2020	$324,160	$362,623	$239,406	$-38,463
2019	$562,212	$713,511	$341,523	$-151,299
2018	$904,076	$824,862	$487,481	$79,214

MCCRONE RESEARCH INSTITUTE INC