FOUNDATION FOR RESEARCH & EDUCATIO… - Form 990 Financial Data

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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

2015

Legal Domicile

Principal Officer

STEVEN DEMEESTER MD

Phone

2135985853

Tax Period

2025-01-01 to 2025-12-31

FOUNDATION FOR RESEARCH & EDUCATION IN, founded in 2015, is a small nonprofit that reported $437K in total revenue in fiscal year 2025. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $70K, a strong 16% operating margin.

Mission

PUT ON MEDICAL SYMPOSIUM. RENT SPACE AT SYMPOSIUM TO VENDORS IN THE INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $367,561 Revenue: $437,463

PUT ON ANNUAL MEDICAL SYMPOSIUM. RENT BOOTHS AT SYMPOSIUM TO VENDORS IN THE INDUSTRY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $20,153

Program Service Revenue $332,695

Investment Income $84,615

Other Revenue $0

TOTAL REVENUE $437,463

Expense Breakdown

Grants Paid $0

Salaries & Benefits $82,500

Fundraising Expenses $0

Program Expenses $367,561

Other Expenses $285,061

TOTAL EXPENSES $367,561

Year-over-Year Comparison

	2025	2024	Change
Revenue	$437,463	$460,862	-0.1%
Expenses	$367,561	$349,790	+0.1%
Net Income	$69,902	$111,072	-0.4%

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

N/A

Employees

N/A

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

$22,000

Total Directors

$6,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC ALCORN	VP FINANCETREASURER	1.00	Officer	$19,000	$0	$19,000
STEVEN DEMEESTER MD	PRESIDENT AND CEO	3.00	Officer Director	$3,000	$0	$3,000
PHILLIP KATZ MD	DIRECTOR	1.00	Director	$1,000	$0	$1,000
STUART SPECHLER MD	DIRECTOR	1.00	Director	$1,000	$0	$1,000
DANIELA MOLENA MD	DIRECTOR	1.00	Director	$1,000	$0	$1,000
JEFF PETERS MD	SECRETARY DIRECTOR	1.00	Officer Director	$0	$0	$0
GUILHERME CAMPOS MD	DIRECTOR	1.00	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
2025	$437,463	$367,561	$830,785	$69,902
2024	$460,862	$349,790	$760,883	$111,072
2023	$329,475	$298,081	$649,861	$31,394
2022	$405,025	$301,558	$618,467	$103,467
2021	$385,799	$231,988	$515,000	$153,811
2020	$170,843	$205,567	$361,189	$-34,724
2019	$306,005	$231,957	$395,913	$74,048
2018	$231,377	$298,077	$321,865	$-66,700

FOUNDATION FOR RESEARCH & EDUCATION IN