The Foundation for Education & Research on Mental Illness

EIN: 521630025 501(c)(3) Mental Health

University Heights, OH

Total Revenue
$682
Total Expenses
$112,442
Total Assets
$44,835
Net Assets
$44,835
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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
1998
Legal Domicile
DC
Principal Officer
Joanne Davis
Phone
2029034823
Tax Period
2020-01-01 to 2020-12-31

The Foundation for Education & Research on Mental Illness, founded in 1998, is a micro nonprofit in the Mental Health sector that reported $682 in total revenue in fiscal year 2020. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $112K exceeded revenue, resulting in a 16387% operating deficit.

Mission

To increase research on and educate the public about serious mental illnesses.

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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 (2020)

Revenue Breakdown

Contributions & Grants $415
Program Service Revenue $0
Investment Income $267
Other Revenue $0
TOTAL REVENUE $682

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $101,308
Other Expenses $112,442
TOTAL EXPENSES $112,442

Year-over-Year Comparison

2020 2019 Change
Revenue $682 $2,356 -0.7%
Expenses $112,442 $116,780 0.0%
Net Income $-111,760 $-114,424 0.0%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jerold Roschwalb President 1.00
Officer Director
$0 $0 $0
Joanne Davis Secretary-Treasurer 1.00
Officer Director
$0 $0 $0
Suzanne Garment Board Member 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
2020 $682 $112,442 $44,835 $-111,760
2019 $2,356 $116,780 $183,282 $-114,424
2018 $21,970 $206,670 $308,774 $-184,700
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