THE RYR-1 FOUNDATION

EIN: 471094057 501(c)(3) Medical Research

PITTSBURGH, PA

Total Revenue
$600,451
Total Expenses
$354,036
Total Assets
$2,372,994
Net Assets
$2,367,880
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
PA
Principal Officer
MICHAEL GOLDBERG
Phone
4122237236
Tax Period
2023-01-01 to 2023-12-31

THE RYR-1 FOUNDATION, founded in 2014, is a small nonprofit in the Medical Research sector that reported $600K in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $246K, a strong 41% operating margin.

Mission

THE MISSION OF THE RYR-1 FOUNDATION IS TO SUPPORT RESEARCH LEADING TO AN EFFECTIVE TREATMENT OR A CURE FOR RYR-1-RELATED DISEASES THROUGH SUPPORTING RESEARCH, PHYSICIAN EDUCATION, AND PATIENT & FAMILY SUPPORT AND ADVOCACY.

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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 $522,621
Program Service Revenue $0
Investment Income $71,970
Other Revenue $5,860
TOTAL REVENUE $600,451

Expense Breakdown

Grants Paid $170,863
Salaries & Benefits $113,787
Fundraising Expenses $14,201
Program Expenses $212,300
Other Expenses $69,386
TOTAL EXPENSES $354,036

Year-over-Year Comparison

2023 2022 Change
Revenue $600,451 $411,112 +0.5%
Expenses $354,036 $536,228 -0.3%
Net Income $246,415 $-125,116 -3.0%
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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Governance

Voting Members
12
Independent Members
9
Employees
5
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
7
$62,985
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL GOLDBERG BOARD PRESIDENT 5.00
Officer Director
$0 $0 $0
MORTON GOLDBERG BOARD VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
ANDREW HUSETH SECRETARY 3.00
Officer Director
$0 $0 $0
RANDOLPH PEPPER TREASURER 5.00
Officer Director
$0 $0 $0
MICHAEL LEGUM ASSISTANT TREASURER 3.00
Officer Director
$0 $0 $0
MYRNA GOLDBERG DIRECTOR, RETIRED AS OF AUGUST 2023 1.00
Director
$0 $0 $0
JENNIFER RYAN DIRECTOR 1.00
Director
$0 $0 $0
EMILY PEDERSEN DIRECTOR 1.00
Director
$0 $0 $0
DONALD ZACK DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN MCARTHUR DIRECTOR 1.00
Director
$0 $0 $0
BRYAN HEFT DIRECTOR 1.00
Director
$0 $0 $0
ROBERT HANICH DIRECTOR 1.00
Director
$0 $0 $0
JOHN GALLO EXECUTIVE DIRECTOR 40.00
Officer
$41,150 $0 $41,150
LINDSAY GOLDBERG BUSINESS MANAGER 13.00
Officer
$21,835 $0 $21,835
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 $600,451 $354,036 $2,372,994 $246,415
2022 $411,112 $536,228 $2,065,543 $-125,116
2021 $519,685 $257,682 $2,236,859 $262,003
2020 $393,570 $330,396 $1,951,506 $63,174
2019 $744,214 $349,004 $1,907,947 $395,210
2018 $778,647 $421,185 $1,513,156 $357,462
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