MRENS NFP (EIN 412112926) - 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

2003

Legal Domicile

Phone

7083523685

Tax Period

2024-01-01 to 2024-12-31

MRENS NFP, founded in 2003, is a small nonprofit in the Science & Technology sector that reported $552K in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. Expenses of $505K left a modest 9% surplus.

Mission

ORGANIZATION IS A CONSORTIUM OF MEMBER COLLEGES AND UNIVERSITIES CONDUCTING RESEARCH TO DEVELOP ADVANCED DIGITAL COMMUNICATION SERVICES TO SUPPORT SCIENTIFIC RESEARCH. ORGANIZATION IS CURRENTLY WORKING TO DEVELOP TECHNOLOGIES REFERRED TO AS "NEXT GENERATION INTERNET" APPLICATIONS AND THE DEVELOPMENT OF CYBER-INFRASTRUCTURE. THESE ADVANCES IN DIGITAL COMMUNICATIONS ARE NECESSARY TO AID THE MEMBER COLLEGES AND UNIVERSITIES TO CONDUCT THEIR SCIENTIFIC RESEARCH.

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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 $0

Program Service Revenue $551,585

Investment Income $264

Other Revenue $0

TOTAL REVENUE $551,849

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $504,082

Other Expenses $504,807

TOTAL EXPENSES $504,807

Year-over-Year Comparison

	2024	2023	Change
Revenue	$551,849	$350,745	+0.6%
Expenses	$504,807	$447,921	+0.1%
Net Income	$47,042	$-97,176	-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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE J MAMBRETTI	Chairman	12.00	Director	$0	$0	$0
TOM DEFANTI	Director	0.00	Director	$0	$0	$0
ROBERT GROSSMAN	Director	0.00	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
2024	$551,849	$504,807	$116,340	$47,042
2023	$350,745	$447,921	$69,298	$-97,176
2022	$309,345	$337,968	$166,474	$-28,623
2021	$498,010	$448,413	$195,097	$49,597
2020	$363,124	$433,185	$145,501	$-70,061
2019	$468,332	$451,384	$215,562	$16,948

MRENS NFP