SOLUTION MINING RESEARCH INSTITUTE

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1965

Legal Domicile

Principal Officer

JOHN NADEAU

Phone

5183486995

Tax Period

2025-01-01 to 2025-12-31

SOLUTION MINING RESEARCH INSTITUTE, founded in 1965, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.5M exceeded revenue, resulting in a 13% operating deficit.

Mission

TO SPONSOR AND ENGAGE IN RESEARCH RELATED TO SOLUTION MINING, CAVERN UTILIZATION, AND ENVIRONMENTAL EFFECTS THEREOF AND TO PRESENT PAPERS OF CURRENT INTEREST TO THE INDUSTRY RELATIVE TO SOLUTION MINING AND CAVERN UTILIZATION.

Program Service Accomplishments

Program 1

Expenses: $722,675

CONTINUING PROGRAMS OF RESEARCH ARE: PREDICTIBE TOOL FOR CRITICAL FLOW VELOCITY OF HANGING STRINGS; EVALUATING STRAIN MEASUREMENTS AT CAVERN STASSFURT; PRE- ABANDONMENT FIELD DATA, ABANDONMENT, FIELD TESTS AND EVALUATION OF RESULTS FOR FRISIA CAVERNS; DEEP OR TALL CAVERN ABANDONMENT TESTING AND ANALYSIS; FIBER OPTICS PROJECT; RESEARCH OF MICROBIAL INDUCED REACTIONS IN H2 SALT CAVERNS; H2 - NAT GAS BLENDS STRATIFICATION POTENTIAL IN CAVERNS; AND RESEARCH ON MECHANICAL INTEGRITY TESTS FOR H2 STORAGE CAVERNS.

Program 2

Expenses: $574,712 Revenue: $765,371

THE INSTITUTE HELD A SEMI-ANNUAL MEETING OF MEMBERS REGARDING MAJOR ASPECTS OF SOLUTION MINING. THE CONFERENCES WERE HELD IN WILHELMSHAVEN, GERMANY AND WICHITA, KANSAS. BOTH CONFERENCES HAD A VIRTUAL...

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $550,584

Program Service Revenue $765,571

Investment Income $57,992

Other Revenue $0

TOTAL REVENUE $1,374,147

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,297,387

Other Expenses $285,973

TOTAL EXPENSES $1,547,876

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,374,147	$1,219,407	+0.1%
Expenses	$1,547,876	$837,772	+0.8%
Net Income	$-173,729	$381,635	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

$176,687

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN NADEAU	EXECUTIVE DI	30.00	Director	$0	$120,000	$120,000
YVAN CHARNAVEL	PRESIDENT	N/A	Officer	$0	$0	$0
ERIC BUSCH	VICE PRESIDE	N/A	Officer	$0	$0	$0
DR DIRK ZAPF	SECRETARY/TR	N/A	Officer	$0	$0	$0
NILS SKAUG	PROGRAM CHAI	N/A	Director	$0	$0	$0
DR ARNAUD REVEILLERE	ASST PROGRAM	N/A	Director	$0	$0	$0
DAN NOACK	PAST PRESIDE	N/A	Officer	$0	$0	$0
RENE SCHNEIDER	EUROPEAN COO	30.00	Director	$0	$12,587	$12,587
DAWN LANGLINAIS	CONVERSATION	30.00	Director	$0	$44,100	$44,100
TIM BAUER	RESEARCH COO	N/A	Director	$0	$0	$0
RACHEL WOODWORTH	STAFF	N/A	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
2025	$1,374,147	$1,547,876	$1,246,889	$-173,729
2024	No data	No data	No data	No data
2023	$1,219,329	$1,134,865	$1,040,293	$84,464
2022	$900,501	$831,584	$954,697	$68,917
2021	$689,374	$685,266	$887,001	$4,108
2020	$460,590	$369,963	$881,789	$90,627
2019	$883,872	$966,766	$790,918	$-82,894
2018	$738,299	$634,294	$878,731	$104,005