Rome Foundation (EIN 541808958) - 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

1996

Legal Domicile

Principal Officer

Douglas A Drossman

Phone

7042877808

Tax Period

2024-01-01 to 2024-12-31

Rome Foundation, founded in 1996, is a community nonprofit in the Medical Research sector that reported $2.9M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $2.8M left a modest 3% surplus.

Mission

To support and promote multinational research; develop and update diagnostic criteria; establish mechanisms for validation of evolving diagnostic criteria; and disseminate findings and recommendations in the diagnostics, care and treatment of gastrointestinal disorders.

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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 $1,066,994

Program Service Revenue $1,715,485

Investment Income $19,374

Other Revenue $133,973

TOTAL REVENUE $2,935,826

Expense Breakdown

Grants Paid $0

Salaries & Benefits $638,612

Fundraising Expenses $962,322

Program Expenses $1,120,878

Other Expenses $2,206,188

TOTAL EXPENSES $2,844,800

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,935,826	$2,673,485	+0.1%
Expenses	$2,844,800	$3,006,127	-0.1%
Net Income	$91,026	$-332,642	-1.3%

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

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

$248,000

Total Directors

$214,330

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Douglas A Drossman	CEO	40.00	Officer Director	$116,000	$0	$116,000
Tanya Murphy	Executive Dir.	40.00	Officer	$100,000	$0	$100,000
Jan Tack	President	20.00	Officer Director	$32,000	$0	$32,000
Ami Sperber	Director	20.00	Director	$16,830	$0	$16,830
Lin Chang	Director	20.00	Director	$7,500	$0	$7,500
Laurie Keefer	Director	20.00	Director	$7,000	$0	$7,000
Samuel Nurko	Director	5.00	Director	$4,500	$0	$4,500
Brian Lacy	Director	20.00	Director	$4,500	$0	$4,500
Madusudan Grover	Director	5.00	Director	$4,500	$0	$4,500
William Chey	Director	20.00	Director	$4,000	$0	$4,000
Magnus Simren	Director	10.00	Director	$4,000	$0	$4,000
Max Schmulson	Director	10.00	Director	$3,500	$0	$3,500
Maura Corsetti	Director	5.00	Director	$3,500	$0	$3,500
Xiucai Fang	Director	5.00	Director	$3,500	$0	$3,500
Giovanni Barbara	Director	5.00	Director	$3,000	$0	$3,000

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	$2,935,826	$2,844,800	$1,729,502	$91,026
2023	$2,673,485	$3,006,127	$1,605,282	$-332,642
2022	$2,409,224	$2,226,248	$1,884,472	$182,976
2021	$2,743,160	$1,598,607	$1,908,541	$1,144,553
2020	$1,969,282	$1,558,160	$759,295	$411,122
2019	$1,793,106	$1,604,868	$230,305	$188,238

Rome Foundation