CHILDREN'S RESEARCH INSTITUTE (EIN 521654453) - 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

1989

Legal Domicile

Principal Officer

MICHELLE RILEY-BROWN MHA

Phone

2024765000

Tax Period

2023-07-01 to 2024-06-30

CHILDREN'S RESEARCH INSTITUTE, founded in 1989, is a major nonprofit in the Medical Research sector that reported $102.1M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $133.0M exceeded revenue, resulting in a 30% operating deficit.

Mission

CHILDREN'S NATIONAL RESEARCH INSTITUTE CONDUCTS AND PROMOTES TRANSLATIONAL AND CLINICAL MEDICAL RESEARCH AND EDUCATION PROGRAMS THAT LEAD TO IMPROVED UNDERSTANDING, PREVENTION, TREATMENT, AND CARE OF CHILDHOOD DISEASES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $100,671,561

Program Service Revenue $206,629

Investment Income $-59,608

Other Revenue $1,299,021

TOTAL REVENUE $102,117,603

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,550,508

Fundraising Expenses $0

Program Expenses $110,328,163

Other Expenses $60,411,514

TOTAL EXPENSES $132,962,022

Year-over-Year Comparison

	2023	2022	Change
Revenue	$102,117,603	$89,672,961	+0.1%
Expenses	$132,962,022	$119,693,833	+0.1%
Net Income	$-30,844,419	$-30,020,872	+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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

356

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

$4,036,738

Total Directors

$4,036,738

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALDWIN LINDSAY	EVP, CFO & BOARD TREASURER	2.00	Officer Director	$0	$135,445	$1,273,757
MICHELLE RILEY-BROWN	CHAIR, PRES/CEO (CNMC) FROM 07/23	2.00	Officer Director	$0	$15,887	$859,008
MARY ANNE HILLIARD	BOARD SECRETARY	2.00	Officer Director	$0	$126,033	$1,059,010
VITTORIO GALLO PHD	BOARD VICE CHAIRMAN TO 09/23	39.00	Officer Director	$0	$26,801	$844,963
YVES D'UDEKEM D'ACOZ MD	CHIEF OF CARDIO SURGERY	1.00	Highest	$0	$47,484	$2,377,268
ANTHONY SANDLER MD	SVP CENTER OF EXCELLENCE	9.00	Highest	$0	$212,681	$1,789,752
ROBERT KEATING MD	CHIEF OF NEUROSURGERY	1.00	Highest	$0	$43,839	$1,234,974
DAVID WESSEL MD	CHIEF MEDICAL OFFICER	1.00	Highest	$0	$54,492	$1,304,579
MARK L BATSHAW MD	SENIOR INVESTIGATOR	1.00	Highest	$0	$38,308	$1,073,885
KURT D NEWMAN MD	FORMER BOARD CHAIR, PRES/CEO CNMC	0.00		$0	$46,404	$3,046,608

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	No data	No data	No data	No data
2024	$102,117,603	$132,962,022	$28,748,923	$-30,844,419
2023	$89,672,961	$119,693,833	$27,836,508	$-30,020,872
2022	$79,596,993	$109,045,054	$17,067,806	$-29,448,061
2021	$66,659,816	$99,232,699	$13,958,035	$-32,572,883
2020	$63,337,060	$97,861,418	$30,650,569	$-34,524,358
2019	$64,948,372	$97,796,711	$29,864,803	$-32,848,339
2018	$62,475,893	$93,346,474	$34,437,749	$-30,870,581

CHILDREN'S RESEARCH INSTITUTE