LOUISVILLE ORTHOPEDIC RESEARCH & EDUCATION FOUNDATION INC (EIN 611335839) - 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

1998

Legal Domicile

Principal Officer

ARTHUR L MALKANI MD

Phone

5024643507

Tax Period

2023-07-01 to 2024-06-30

LOUISVILLE ORTHOPEDIC RESEARCH & EDUCATION FOUNDATION INC, founded in 1998, is a micro nonprofit in the Medical Research sector that reported $98K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $45K, a strong 46% operating margin.

Mission

THE MISSION IS TO ENGAGE IN RESEARCH IN THE FIELD OF ORTHOPAEDIC SURGERY RELATING TO TOTAL JOINT REPLACEMENT, SPORTS MEDICINE, FRACTURES AND OSTEOPOROSIS. THE FOUNDATION IS ENGAGED DIRECTLY IN THE CONTINUOUS ACTIVE CONDUCT OF MEDICAL RESEARCH IN CONJUNCTION WITH THE UNIVERSITY MEDICAL CENTER, INC. D/B/A UNIVERSITY OF LOUISVILLE HOSPITAL, A QUALIFIED 501(C)(3) ORGANIZATION.

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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 $57,960

Program Service Revenue $0

Investment Income $40,468

Other Revenue $0

TOTAL REVENUE $98,428

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,681

Other Expenses $53,405

TOTAL EXPENSES $53,405

Year-over-Year Comparison

	2023	2022	Change
Revenue	$98,428	$77,826	+0.3%
Expenses	$53,405	$55,023	0.0%
Net Income	$45,023	$22,803	+1.0%

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

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
ARTHUR L MALKANI MD	PRESIDENT	1.00	Officer	$0	$0	$0
EDWARD D TILLETT MD	TREASURER	0.00	Officer	$0	$0	$0
MADHU YAKKANTI MD	SECRETARY	0.00	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
2025	No data	No data	No data	No data
2024	$98,428	$53,405	$1,119,031	$45,023
2023	$77,826	$55,023	$996,374	$22,803
2022	$135,717	$50,723	$836,896	$84,994
2021	$146,154	$37,591	$994,080	$108,563
2020	$152,595	$46,346	$697,018	$106,249
2019	$174,925	$52,940	$622,787	$121,985
2018	$96,134	$42,785	$547,245	$53,349

LOUISVILLE ORTHOPEDIC RESEARCH & EDUCATION FOUNDATION INC