MASSAGE THERAPY FOUNDATION INC

EIN: 363735393 501(c)(3) Medical Research

EVANSTON, IL

Total Revenue
$641,231
Total Expenses
$903,537
Total Assets
$745,770
Net Assets
$93,066
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
IL
Principal Officer
TERI MAYO
Phone
8478695019
Tax Period
2024-03-01 to 2025-02-28

MASSAGE THERAPY FOUNDATION INC, founded in 1990, is a small nonprofit in the Medical Research sector that reported $641K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $904K exceeded revenue, resulting in a 41% operating deficit.

Mission

THE MASSAGE THERAPY FOUNDATION ("MTF") ADVANCES THE KNOWLEDGE AND PRACTICE OF MASSAGE THERAPY BY SUPPORTING SCIENTIFIC RESEARCH, EDUCATION, AND COMMUNITY SERVICE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $503,376
Program Service Revenue $0
Investment Income $139,453
Other Revenue $-1,598
TOTAL REVENUE $641,231

Expense Breakdown

Grants Paid $307,322
Salaries & Benefits $385,255
Fundraising Expenses $98,725
Program Expenses $453,852
Other Expenses $210,960
TOTAL EXPENSES $903,537

Year-over-Year Comparison

2024 2023 Change
Revenue $641,231 $726,711 -0.1%
Expenses $903,537 $1,083,962 -0.2%
Net Income $-262,306 $-357,251 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
Employees
6
Volunteers
60

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
5
$155,401
Total Directors
11
$157,001
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIRGINIA OHLSON ED & TREASURER (TO FY '25) 40.00
Officer Director
$88,456 $12,990 $101,446
TERI MAYO EXECUTIVE DIRECTOR (FROM FY '25) 40.00
Officer Director
$32,316 $439 $32,755
ADRIENNE ASTA PRESIDENT 30.00
Officer Director
$15,600 $0 $15,600
LINDSAY BODKIN VICE PRESIDENT 5.00
Officer Director
$4,800 $0 $4,800
NIKI MUNK PHD TRUSTEE (TO FY '25) 5.00
Director
$1,600 $0 $1,600
JOHN COMBE VICE PRESIDENT (TO FY '25) 5.00
Officer Director
$800 $0 $800
STEVE ALBERTSON TRUSTEE 5.00
Director
$0 $0 $0
MICHAELE COLIZZA TRUSTEE (TO FY '25) 5.00
Director
$0 $0 $0
ANDREW JURDAN TRUSTEE (TO FY '25) 5.00
Director
$0 $0 $0
TERESA MATTHEWS PERRY TRUSTEE 5.00
Director
$0 $0 $0
PORTIA RESNICK PHD TRUSTEE (TO FY '25) 5.00
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
2025 $641,231 $903,537 $745,770 $-262,306
2024 $726,711 $1,083,962 $941,047 $-357,251
2023 $490,218 $561,601 $919,135 $-71,383
2023 $490,218 $561,601 $919,135 $-71,383
2022 $529,689 $497,034 $1,017,911 $32,655
2021 $396,996 $470,532 $1,019,870 $-73,536
2020 $493,108 $523,251 $871,403 $-30,143
2019 $536,839 $504,280 $874,485 $32,559
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