ACADEMY OF SURGICAL RESEARCH (EIN 571019604) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

JOSE NEGRON-GARCIA

Phone

7632356460

Tax Period

2024-01-01 to 2024-12-31

ACADEMY OF SURGICAL RESEARCH, founded in 1982, is a micro nonprofit in the Science & Technology sector that reported $86K in total revenue in fiscal year 2024. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $184K exceeded revenue, resulting in a 115% operating deficit.

Mission

FACILITATE SURGICAL RESEARCH

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $12,300

Program Service Revenue $73,105

Investment Income $212

Other Revenue $0

TOTAL REVENUE $85,617

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $93,180

Other Expenses $184,042

TOTAL EXPENSES $184,042

Year-over-Year Comparison

	2024	2023	Change
Revenue	$85,617	$246,525	-0.7%
Expenses	$184,042	$246,992	-0.3%
Net Income	$-98,425	$-467	+209.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEN SWEET	LIAISON OFFI	0.50	Officer	$0	$0	$0
JOSE NEGRON-GARCIA	PRESIDENT EL	0.50	Officer	$0	$0	$0
AMY MARTUNAS	DIRECTOR AT	0.50	Director	$0	$0	$0
STEVEN KREUSER	PRESIDENT	1.00	Officer	$0	$0	$0
LESLIE STOL	IMMEDIATE PA	0.50	Officer	$0	$0	$0
GAYLE NUGENT	DIRECTOR AT	0.50	Director	$0	$0	$0
MARY JANE PERKINS	DIRECTOR AT	0.50	Director	$0	$0	$0
JON EHRMANN	SECRETARY/TR	1.00	Officer	$0	$0	$0
FRED EMOND	DIRECTOR AT	0.50	Director	$0	$0	$0
KATHRYN NICHOLS	DIRECTOR AT	0.50	Director	$0	$0	$0
DARCY GAGNE	DIRECTOR AT	0.50	Director	$0	$0	$0
CHRISTINE SIEBERT	DIRECTOR	1.00	Officer	$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
2024	$85,617	$184,042	$109,502	$-98,425
2023	$246,525	$246,992	$139,997	$-467
2022	$214,874	$212,145	$128,440	$2,729
2021	$167,670	$150,743	$121,580	$16,927
2020	$156,999	$138,801	$120,299	$18,198

ACADEMY OF SURGICAL RESEARCH