ARTHRITIS RESEARCH INSTITUTE OF AMERICA INC (EIN 592438325) - 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

1984

Legal Domicile

Principal Officer

MICHELE SKELLY

Phone

7274614054

Tax Period

2024-01-01 to 2024-12-31

ARTHRITIS RESEARCH INSTITUTE OF AMERICA INC, founded in 1984, is a community nonprofit in the Medical Research sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 723% from the prior year, signaling strong growth momentum. The organization ran a surplus of $945K, a strong 89% operating margin.

Mission

THE ARTHRITIS RESEARCH INSTITUTE OF AMERICA INC. HAS COMPLETED ITS 25 YEAR STUDY OF EPIDEMIOLOGY OF OSTEOARTHRITIS (OA), A LEADING CAUSE OF PAIN IN ADULTS. CURRENT OBJECTIVES INCLUDE SUPPORTING 501(C)(3) NOT FOR PROFIT ORGANIZATIONS THAT CARE FOR THOSE ADULTS WITH OA, ALLEVIATE THE PAIN OF OA, AND RESEARCH OA.

🔒

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 $12,878

Program Service Revenue $0

Investment Income $1,043,371

Other Revenue $0

TOTAL REVENUE $1,056,249

Expense Breakdown

Grants Paid $1,020

Salaries & Benefits $90,426

Fundraising Expenses $0

Program Expenses $1,020

Other Expenses $19,702

TOTAL EXPENSES $111,148

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,056,249	$128,414	+7.2%
Expenses	$111,148	$190,272	-0.4%
Net Income	$945,101	$-61,858	-16.3%

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

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

$84,000

Total Directors

$84,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS SKELLY	DIRECTOR	30.00	Officer Director	$84,000	$0	$84,000
ERIKA BARRETT	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
MICHELE SKELLY	PRESIDENT	20.00	Officer 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
2024	$1,056,249	$111,148	$2,744,350	$945,101
2023	$128,414	$190,272	$2,613,142	$-61,858
2022	$47,977	$49,388	$2,463,088	$-1,411
2021	$60,749	$77,507	$2,852,834	$-16,758
2020	$51,300	$176,528	$2,553,626	$-125,228
2019	$149,505	$290,707	$2,522,992	$-141,202

ARTHRITIS RESEARCH INSTITUTE OF AMERICA INC