INSTITUTE FOR LIFE SCIENCE ENTREPRENEURSHIP (EIN 465632420) - 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

2014

Legal Domicile

Principal Officer

DR KEITH BOSTIAN

Phone

9087371922

Tax Period

2024-01-01 to 2024-12-31

INSTITUTE FOR LIFE SCIENCE ENTREPRENEURSHIP, founded in 2014, is a small nonprofit in the Medical Research sector that reported $953K in total revenue in fiscal year 2024. Expenses of $923K left a modest 3% surplus.

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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 (2024)

Revenue Breakdown

Contributions & Grants $501,513

Program Service Revenue $423,880

Investment Income $27,271

Other Revenue $0

TOTAL REVENUE $952,664

Expense Breakdown

Grants Paid $0

Salaries & Benefits $687,839

Fundraising Expenses $0

Program Expenses $764,594

Other Expenses $235,491

TOTAL EXPENSES $923,330

Year-over-Year Comparison

	2024	2023	Change
Revenue	$952,664	$911,287	+0.0%
Expenses	$923,330	$812,815	+0.1%
Net Income	$29,334	$98,472	-0.7%

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

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

$318,766

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH A BOSTIAN PHD	PRESIDENT/CEO	8.00	Officer Director	$0	$0	$0
PAMELA DEMAIN	TRUSTEE	0.50	Director	$0	$0	$0
WILLIAM HANLON	TRUSTEE	0.50	Director	$0	$0	$0
LISA DEBERARDINE	TRUSTEE	0.50	Director	$0	$0	$0
SANDRA POWELL-ELLIOTT	TRUSTEE	0.50	Director	$0	$0	$0
ANDREW BRANNEN	TRUSTEE	0.50	Director	$0	$0	$0
TOM RICHARDSON	PRESIDENT	40.00	Officer	$134,123	$17,481	$151,604
ROBERT MCLAUGHLIN	VICE PRESIDENT OF RESEARCH	40.00	Officer	$155,000	$12,162	$167,162
AJAY KUMAR	VICE PRESIDENT	40.00	Highest	$150,000	$164	$150,164

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	$952,664	$923,330	$1,656,608	$29,334
2023	$911,287	$812,815	$1,180,161	$98,472
2022	$1,059,927	$798,575	$1,079,920	$261,352
2021	$1,022,746	$762,193	$828,255	$260,553
2020	$1,030,230	$906,937	$579,267	$123,293
2019	$783,908	$1,031,428	$447,720	$-247,520
2018	$1,542,899	$1,379,347	$717,250	$163,552

INSTITUTE FOR LIFE SCIENCE ENTREPRENEURSHIP