INT'L ASSOC OF CLINICAL RESEARCH N… - Form 990 Financial Data

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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

2011

Legal Domicile

Principal Officer

BRIAN RIGGS

Phone

6095199968

Tax Period

2024-01-01 to 2024-12-31

INT'L ASSOC OF CLINICAL RESEARCH NURSES, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $209K in total revenue in fiscal year 2024. The organization ran a surplus of $89K, a strong 43% operating margin.

Mission

THE INTERNATIONAL ASSOCIATION OF CLINICAL RESEARCH NURSES IS A PROFESSIONAL NURSING ORGANIZATION. ITS PURPOSE IS TO DEFINE, VALIDATE, AND ADVANCE CLINICAL RESEARCH NURSING AS A SPECIALTY PRACTICE AND TO SUPPORT THE PROFESSIONAL DEVELOPMENT OF RESGISTERED NURSES WHO DIRECTLY OR INDIRECTLY IMPACT THE CARE OF CLINICAL RESEARCH PARTICIPANTS ACROSS ALL CLINICAL SPECIALTIES.

Program Service Accomplishments

Program 1

Expenses: $35,524 Revenue: $145,674

ANNUAL CLINICAL RESEARCH NURSE CONFERENCE

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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 $60,348

Program Service Revenue $145,674

Investment Income $0

Other Revenue $2,758

TOTAL REVENUE $208,780

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,524

Other Expenses $119,643

TOTAL EXPENSES $119,643

Year-over-Year Comparison

	2024	2023	Change
Revenue	$208,780	$213,356	0.0%
Expenses	$119,643	$212,401	-0.4%
Net Income	$89,137	$955	+92.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARIS ELIADES	PRESIDENT	5.00	Director	$0	$0	$0
LAURA BAKER	PAST PRESIDE	2.00	Officer Director	$0	$0	$0
SHERYL FORBES	TREASURER	2.00	Officer	$0	$0	$0
CATHERINE GRIFFITH	SECRETARY	2.00	Officer Director	$0	$0	$0
LEE ANN LAWSON	BOARD MEMBER	2.00	Director	$0	$0	$0
KRISTEN LEGOR	BOARD MEMBER	2.00	Director	$0	$0	$0
BRANDI SHOWALTER	BOARD MEMBER	2.00	Director	$0	$0	$0
JANE GOVENDER	BOARD MEMBER	2.00	Director	$0	$0	$0
BRIAN RIGGS	EXECUTIVE DI	N/A	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	$208,780	$119,643	$258,565	$89,137
2023	$213,356	$212,401	$169,428	$955

INT'L ASSOC OF CLINICAL RESEARCH NURSES