Society for Functional Near Infrared Spectroscopy Inc

EIN: 464681158 501(c)(3) Human Services

Winchester, MA

Total Revenue
$47,079
Total Expenses
$17,640
Total Assets
$373,924
Net Assets
$373,924
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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
2014
Legal Domicile
MA
Principal Officer
Stefan Carp
Phone
6175044596
Tax Period
2023-01-01 to 2023-12-31

Society for Functional Near Infrared Spectroscopy Inc, founded in 2014, is a micro nonprofit in the Human Services sector that reported $47K in total revenue in fiscal year 2023. Revenue fell 88% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $29K, a strong 63% operating margin.

Mission

Medical Education A professional organization of basic and clinical scientists who seek to understand and educate regarding the functional properties of biological

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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 (2023)

Revenue Breakdown

Contributions & Grants $190
Program Service Revenue $46,889
Investment Income $0
Other Revenue $0
TOTAL REVENUE $47,079

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,640
Other Expenses $17,640
TOTAL EXPENSES $17,640

Year-over-Year Comparison

2023 2022 Change
Revenue $47,079 $377,317 -0.9%
Expenses $17,640 $196,873 -0.9%
Net Income $29,439 $180,444 -0.8%
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
21
Independent Members
21
Employees
N/A
Volunteers
21

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
6
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stefan Carp Treasurer 10.00
Officer
$0 $0 $0
Felipe Orihuela-Espina ITO 10.00
Officer
$0 $0 $0
Maria Angela Franceschini Past President 4.00
Officer
$0 $0 $0
Joe Culver President 10.00
Officer
$0 $0 $0
Judit Gervain President-Elect 4.00
Officer
$0 $0 $0
Martin Wolf Secretary/Clerk 4.00
Officer
$0 $0 $0
Erin Buckley Trustee 2.00
Director
$0 $0 $0
Ippeita Dan Trustee 2.00
Director
$0 $0 $0
Joy Hirsch Trustee 2.00
Director
$0 $0 $0
Rickson Mesquita Trustee 2.00
Director
$0 $0 $0
Yasuyo Minagawa Trustee 2.00
Director
$0 $0 $0
Haijing Niu Trustee 2.00
Director
$0 $0 $0
Meryem Ayse Ycel Trustee 2.00
Director
$0 $0 $0
Sabrina Brigadoi Trustee 2.00
Director
$0 $0 $0
Turgut Durduran Trustee 2.00
Director
$0 $0 $0
Adam Eggebrect Trustee 2.00
Director
$0 $0 $0
David Highton Trustee 2.00
Director
$0 $0 $0
Paola Pinti Trustee 2.00
Director
$0 $0 $0
Luca Pollonini Trustee 2.00
Director
$0 $0 $0
Hiroki Sato Trustee 2.00
Director
$0 $0 $0
Alexander von Luhmann Trustee 2.00
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 No data No data No data No data
2023 $47,079 $17,640 $373,924 $29,439
2022 $377,317 $196,873 $344,515 $180,444
2021 $38,336 $18,318 $164,070 $20,018
2020 $24,470 $14,098 $144,052 $10,372
2019 $30,455 $45,262 $133,680 $-14,807
2018 $247,600 $236,507 $81,573 $11,093
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