FOUNDATION FOR INNOVATION TRANSLATION AND SAFETY SCIENCE

EIN: 452662992 501(c)(3)

BRONX, NY

Total Revenue
$939,749
Total Expenses
$1,702,613
Total Assets
$15,065
Net Assets
$-804,139
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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
2011
Legal Domicile
NY
Principal Officer
DALE NORDENBERG
Phone
9145100336
Tax Period
2017-01-01 to 2017-12-31

FOUNDATION FOR INNOVATION TRANSLATION AND SAFETY SCIENCE, founded in 2011, is a small nonprofit that reported $940K in total revenue in fiscal year 2017. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 81% operating deficit.

Mission

TO PROGRESS AND PROTECT THE PUBLIC'S HEALTH

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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 (2017)

Revenue Breakdown

Contributions & Grants $939,746
Program Service Revenue $0
Investment Income $3
Other Revenue $0
TOTAL REVENUE $939,749

Expense Breakdown

Grants Paid $0
Salaries & Benefits $149,001
Fundraising Expenses $0
Program Expenses $1,484,132
Other Expenses $1,553,612
TOTAL EXPENSES $1,702,613

Year-over-Year Comparison

2017 2016 Change
Revenue $939,749 $1,367,833 -0.3%
Expenses $1,702,613 $1,283,867 +0.3%
Net Income $-762,864 $83,966 -10.1%
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
2
Employees
N/A
Volunteers
2

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
3
$145,920
Total Directors
3
$145,920
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DALE NORDENBERG MD EXECUTIVE DIRECTOR 40.00
Officer Director
$145,920 $0 $145,920
JOSHUA STILLMAN PRESIDENT AND TREASURER 0.50
Officer Director
$0 $0 $0
JOSEPH DELL SECRETARY 0.50
Officer 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
2017 $939,749 $1,702,613 $15,065 $-762,864
2016 $1,367,833 $1,283,867 $451,998 $83,966
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