MULTIPLE SCLEROSIS FOUNDATION INC

EIN: 592792934 501(c)(3)

FT LAUDERDALE, FL

Total Revenue
$4,835,550
Total Expenses
$5,249,943
Total Assets
$8,031,675
Net Assets
$6,912,350
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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
1986
Legal Domicile
FL
Principal Officer
KAREN MINNIS
Phone
9547766805
Tax Period
2023-01-01 to 2023-12-31

MULTIPLE SCLEROSIS FOUNDATION INC, founded in 1986, is a community nonprofit that reported $4.8M in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE PROGRAMS AND SUPPORT SERVICES TO THOSE PERSONS AFFECTED BY MS. (SEE SCHEDULE O FOR MORE)

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,777,226
Program Service Revenue $0
Investment Income $58,324
Other Revenue $0
TOTAL REVENUE $4,835,550

Expense Breakdown

Grants Paid $506,011
Salaries & Benefits $3,094,016
Fundraising Expenses $1,430,844
Program Expenses $2,846,781
Other Expenses $1,649,916
TOTAL EXPENSES $5,249,943

Year-over-Year Comparison

2023 2022 Change
Revenue $4,835,550 $3,486,678 +0.4%
Expenses $5,249,943 $5,352,083 0.0%
Net Income $-414,393 $-1,865,405 -0.8%
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
7
Independent Members
7
Employees
273
Volunteers
361

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
6
$239,645
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES EADER PRESIDENT - DIRECTOR 3.00
Officer Director
$0 $0 $0
MARK SHALLOWAY VP - DIRECTOR 3.00
Officer Director
$0 $0 $0
JOHN BLACKSTOCK SECRETARY - DIRECTOR 3.00
Officer Director
$0 $0 $0
WILLIAM SHEEHAN DIRECTOR 3.00
Director
$0 $0 $0
ELAINE LAFLAMME TREASURER - DIRECTOR 3.00
Officer Director
$0 $0 $0
MELODY RIDLEY DIRECTOR 3.00
Director
$0 $0 $0
COURTNEY COX DIRECTOR 3.00
Director
$0 $0 $0
KAREN MINNIS CO-EXECUTIVE DIRECTOR 40.00
Officer
$112,184 $7,605 $119,789
NATALIE BLAKE CO-EXECUTIVE DIRECTOR 40.00
Officer
$111,607 $8,249 $119,856
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 No data No data No data No data
2023 $4,835,550 $5,249,943 $8,031,675 $-414,393
2022 $3,486,678 $5,352,083 $8,276,716 $-1,865,405
2021 $5,647,701 $5,035,161 $9,512,588 $612,540
2020 $5,209,362 $5,569,371 $9,529,868 $-360,009
2019 $8,716,539 $7,354,387 $9,230,843 $1,362,152
2018 $9,063,498 $7,580,906 $7,496,013 $1,482,592
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