SOLUTION MINING RESEARCH INSTITUTE

EIN: 362590076

CLARKS SUMMIT, PA

Total Revenue
$1,374,147
Total Expenses
$1,547,876
Total Assets
$1,246,889
Net Assets
$1,246,889
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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
1965
Legal Domicile
IL
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.

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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 (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
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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
3
Independent Members
3
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
4
$0
Total Directors
7
$176,687
Key Employees
0
$0
Highest Compensated
0
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
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