DETROIT INTERNATIONAL RESEARCH AND EDUCATION FOUNDATION

EIN: 454153152 501(c)(3) Medical Research

WARREN, MI

Total Revenue
$116,460
Total Expenses
$152,206
Total Assets
$213,131
Net Assets
$213,131
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MI
Principal Officer
DONALD W WEAVER MD
Phone
3137458778
Tax Period
2024-01-01 to 2024-12-31

DETROIT INTERNATIONAL RESEARCH AND EDUCATION FOUNDATION, founded in 2012, is a small nonprofit in the Medical Research sector that reported $116K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $152K exceeded revenue, resulting in a 31% operating deficit.

Mission

DIREF'S MISSION IS TO BENEFIT HUMANITY THROUGH THE ESTABLISHMENT AND NURTURING OF INTERNATIONAL HEALTH-CARE RELATED EDUCATIONAL AND RESEARCH RELATIONSHIPS AND PARTNERSHIPS

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $111,101
Program Service Revenue $0
Investment Income $5,359
Other Revenue $0
TOTAL REVENUE $116,460

Expense Breakdown

Grants Paid $74,697
Salaries & Benefits $39,532
Fundraising Expenses $0
Program Expenses $93,365
Other Expenses $37,977
TOTAL EXPENSES $152,206

Year-over-Year Comparison

2024 2023 Change
Revenue $116,460 $163,149 -0.3%
Expenses $152,206 $137,106 +0.1%
Net Income $-35,746 $26,043 -2.4%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
2
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
4
$35,992
Total Directors
9
$35,992
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID ELLIS EXECUTIVE DI 25.00
Officer Director
$25,992 $0 $25,992
JANET DAMM SECRETARY/TR 9.00
Officer Director
$10,000 $0 $10,000
DAVID BOUWMAN DIRECTOR N/A
Director
$0 $0 $0
DAVID EDELMAN DIRECTOR N/A
Director
$0 $0 $0
GABRIEL HAAS DIRECTOR N/A
Director
$0 $0 $0
ANIL KUMAR DIRECTOR N/A
Director
$0 $0 $0
DONALD W WEAVER MD VICE CHAIR N/A
Officer Director
$0 $0 $0
ORLANDO PADILLA DIRECTOR N/A
Director
$0 $0 $0
JOSE EDSON SILVA PONTES PRESIDENT N/A
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
2024 $116,460 $152,206 $213,131 $-35,746
2023 $163,149 $137,106 $248,877 $26,043
2022 $162,708 $193,997 $222,834 $-31,289
2021 $180,349 $132,358 $254,123 $47,991
2020 $192,491 $77,229 $206,132 $115,262
2019 $325,084 $247,599 $102,288 $77,485
2018 $331,548 $216,284 $149,201 $115,264
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare DETROIT INTERNATIONAL RESEARCH AND EDUCATION FOUNDATION with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.