MIDAMERICA NEUROSCIENCE RESEARCH FOUNDATION (EIN 431761659) - 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

1996

Legal Domicile

Principal Officer

VERNON D ROWE

Phone

9138941500

Tax Period

2023-01-01 to 2023-12-31

MIDAMERICA NEUROSCIENCE RESEARCH FOUNDATION, founded in 1996, is a micro nonprofit that reported $9K in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $26K exceeded revenue, resulting in a 200% operating deficit.

Mission

TO PROVIDE EDUCATION IN THE AREA OF NEUROSCIENCE TO CHILDREN, MEDICAL STUDENTS, PHYSICIANS, AND OTHER HEALTHCARE PERSONNEL. PERFORM BASIC SCIENCE RESEARCH USING IMMUNOLOGICAL STUDIES. PERFORM CLINICAL RESEARCH STUDIES OF PHARMACEUTICAL AGENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $8,831

Investment Income $0

Other Revenue $0

TOTAL REVENUE $8,831

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $26,493

Other Expenses $26,493

TOTAL EXPENSES $26,493

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,831	$16,062	-0.5%
Expenses	$26,493	$53,829	-0.5%
Net Income	$-17,662	$-37,767	-0.5%

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
VERNON D ROWE	PRESIDENT	1.00	Officer Director	$0	$0	$0
ELIZABETH ROWE	BOARD MEMBER	0.00	Officer Director	$0	$0	$0
ANDREW HOEDL	BOARD MEMBER	0.00	Director	$0	$0	$0
ELAINE MCINTOSH	BOARD MEMBER	0.00	Director	$0	$0	$0
JOHN HUNTER	BOARD MEMBER	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
2023	$8,831	$26,493	No data	$-17,662
2022	$16,062	$53,829	$17,662	$-37,767
2021	$35,038	$51,686	$56,210	$-16,648
2020	$535,316	$514,256	$72,388	$21,060
2019	$935,386	$1,067,320	$52,853	$-131,934
2018	$312,923	$188,328	$181,825	$124,595

MIDAMERICA NEUROSCIENCE RESEARCH FOUNDATION