THE ISPE FOUNDATION INC (EIN 611856137) - 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

2017

Legal Domicile

Principal Officer

MARK HERNICK

Phone

8139602105

Tax Period

2024-01-01 to 2024-12-31

THE ISPE FOUNDATION INC, founded in 2017, is a small nonprofit in the Health Care sector that reported $656K in total revenue in fiscal year 2024. The organization ran a surplus of $140K, a strong 21% operating margin.

Mission

FUELING GLOBAL HEALTH EQUITY BY FOSTERING ACCESS TO KNOWLEDGE AND NURTURING DIVERSE TALENT.

🔒

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 $635,834

Program Service Revenue $0

Investment Income $0

Other Revenue $20,177

TOTAL REVENUE $656,011

Expense Breakdown

Grants Paid $44,389

Salaries & Benefits $325,987

Fundraising Expenses $347,827

Program Expenses $153,473

Other Expenses $146,082

TOTAL EXPENSES $516,458

Year-over-Year Comparison

	2024	2023	Change
Revenue	$656,011	$618,079	+0.1%
Expenses	$516,458	$704,059	-0.3%
Net Income	$139,553	$-85,980	-2.6%

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

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

$814,078

Total Directors

Key Employees

$179,613

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS HARTMAN	PRESIDENT & CEO (OUTGOING 2024)	1.00	Officer	$0	$22,038	$397,221
MARK HERNICK	CHIEF FINANCIAL & OPERATING OFFICER	1.00	Officer	$0	$27,203	$316,857
TORI JOHNSON	DIRECTOR, DEVELOPMENT & FOUNDATION OPERATIONS	40.00	Key Emp	$0	$20,307	$179,613
MICHAEL RUTHERFORD	INTERIM CEO	1.00	Officer	$0	$0	$100,000
JAMES C STEPHANOU	CHAIR (INCOMING 2024)	1.00	Officer Director	$0	$0	$0
ANTONIO R MOREIRA	CHAIR (OUTGOING 2024)	1.00	Officer Director	$0	$0	$0
JAMES A BREEN JR	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CHRISTOPHER J REID	SECRETARY	1.00	Officer Director	$0	$0	$0
YLVA EK	TREASURER (INCOMING 2024)	1.00	Officer Director	$0	$0	$0
JEFF BISKUP	TREASURER (OUTGOING 2024)	1.00	Officer Director	$0	$0	$0
VIVIANNE ARENCIBIA	DIRECTOR (INCOMING 2024)	1.00	Director	$0	$0	$0
SCOTT BILLMAN	DIRECTOR (OUTGOING 2024)	1.00	Director	$0	$0	$0
NASIR EGAL	DIRECTOR	1.00	Director	$0	$0	$0
NORM GOLDSCHMIDT	DIRECTOR	1.00	Director	$0	$0	$0
JAMES GRUNWALD	DIRECTOR (INCOMING 2024)	1.00	Director	$0	$0	$0
SHANSHAN LIU	DIRECTOR (INCOMING 2024)	1.00	Director	$0	$0	$0
TERESA MINERO	DIRECTOR (OUTGOING 2024)	1.00	Director	$0	$0	$0
JOHN NOBLE	DIRECTOR (INCOMING 2024)	1.00	Director	$0	$0	$0
ALICE REDMOND PHD	DIRECTOR (OUTGOING 2024)	1.00	Director	$0	$0	$0
HIROFUMI SUZUKI	DIRECTOR (OUTGOING 2024)	1.00	Director	$0	$0	$0
TIM WATSON	DIRECTOR	1.00	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	$656,011	$516,458	$500,564	$139,553
2023	$618,079	$704,059	$539,992	$-85,980
2022	$331,152	$367,381	$521,590	$-36,229
2021	$357,461	$294,679	$417,396	$62,782
2020	$222,934	$93,670	$292,307	$129,264

THE ISPE FOUNDATION INC