RICE INSTITUTE INC

🔒

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

2011

Legal Domicile

Principal Officer

DEAN SPEARS

Phone

2022945070

Tax Period

2023-01-01 to 2023-12-31

RICE INSTITUTE INC, founded in 2011, is a community nonprofit in the Social Science sector that reported $2.5M in total revenue in fiscal year 2023. The organization ran a surplus of $2.0M, a strong 81% operating margin.

Mission

R.I.C.E. IS A RESEARCH INSTITUTE FOR COMPASSIONATE ECONOMICS. WE ARE A NON-PROFIT RESEARCH ORGANIZATION FOCUSED ON HEALTH AND WELL-BEING IN INDIA. OUR CORE FOCUS IS ON CHILDREN IN RURAL NORTH INDIA. OUR RESEARCH STUDIES HEALTH CARE AT THE START OF LIFE, SANITATION, AIR POLLUTION, MATERNAL HEALTH, NEWBORN HEALTH, SOCIAL INEQUALITY, AND OTHER DIMENSIONS OF POPULATION-LEVEL SOCIAL WELLBEING.

Program Service Accomplishments

Program 1

Expenses: $471,914 Revenue: $0

IN 2023, RICE INSTITUTE INC. (R.I.C.E.) AFFILIATES CONDUCTED RESEARCH AND PUBLISHED FINDINGS ON TOPICS SUCH AS MEASURING EXCESS MORTALITY IN BIHAR USING A LARGE-SCALE PHONE SURVEY, UNDERSTANDING WHY THE INDIAN CENSUS UNDERESTIMATES SC/ST POPULATIONS, QUANTIFYING DISPARITIES IN MATERNAL MORTALITY IN INDIA, AND UNDERSTANDING WHY STILLBIRTH IS SO POORLY MEASURED IN INDIA. R.I.C.E. ALSO CONTRACTED WITH POPULATION HEALTH INSIGHTS (PHI) RELATED TO R.I.C.E.'S PARTNERSHIP WITH MSDASMC BAHRAICH ON NEONATAL HEALTH.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $2,452,967

Program Service Revenue $0

Investment Income $6,692

Other Revenue $25

TOTAL REVENUE $2,459,684

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,836

Fundraising Expenses $0

Program Expenses $471,914

Other Expenses $457,729

TOTAL EXPENSES $478,565

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,459,684	N/A	N/A
Expenses	$478,565	N/A	N/A
Net Income	$1,981,119	$0	N/A

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

Volunteers

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

$17,334

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOUIS BOORSTIN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPHINE DUH	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE GERUSO	BOARD MEMBER	1.00	Director	$0	$0	$0
AVINASH KISHORE	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN PAPP	BOARD MEMBER	1.00	Director	$0	$0	$0
DEAN SPEARS	CO-EXECUTIVE DIRECTOR	10.00	Officer	$0	$0	$0
DIANE COFFEY	CO-EXECUTIVE DIRECTOR	10.00	Officer	$0	$0	$0
PAYAL HATHI	MANAGING DIRECTOR / RESEARCH FELLOW	10.00	Officer	$8,667	$0	$8,667
SANGITA VYAS	MANAGING DIRECTOR / RESEARCH FELLOW	10.00	Officer	$8,667	$0	$8,667
AASHISH GUPTA	RESEARCH FELLOW	1.00	Officer	$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	No data	No data	No data	No data
2023	$2,459,684	$478,565	$2,138,011	$1,981,119
2021	$12,774	$175,324	$409,011	$-162,550
2020	$24,117	$146,875	$571,561	$-122,758