HEALTH RESEARCH ALLIANCE INC (EIN 680617198) - 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

2005

Legal Domicile

Principal Officer

CHRISTINE RIORDAN

Phone

5129343164

Tax Period

2024-01-01 to 2024-12-31

HEALTH RESEARCH ALLIANCE INC, founded in 2005, is a small nonprofit in the Medical Research sector that reported $631K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

COMMITTED TO MAXIMIZING THE IMPACT OF BIOMEDICAL RESEARCH TO IMPROVE HUMAN HEALTH

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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 $586,820

Program Service Revenue $0

Investment Income $44,598

Other Revenue $0

TOTAL REVENUE $631,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $422,006

Fundraising Expenses $80,203

Program Expenses $348,232

Other Expenses $270,481

TOTAL EXPENSES $692,487

Year-over-Year Comparison

	2024	2023	Change
Revenue	$631,418	$583,743	+0.1%
Expenses	$692,487	$708,746	0.0%
Net Income	$-61,069	$-125,003	-0.5%

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

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

$343,752

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SINDY ESCOBAR-ALVAREZ	PAST CHAIR	1.00	Officer Director	$0	$0	$0
STACY CLOUD	CHAIR	1.00	Officer Director	$0	$0	$0
KARA COLEMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
ANNE HULTGREN	TREASURER	1.00	Officer Director	$0	$0	$0
LARA BETHKE	DIRECTOR	1.00	Director	$0	$0	$0
DIANE BOVENKAMP	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER BRUMMET	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER CALDERONE	DIRECTOR	1.00	Director	$0	$0	$0
GLENN DILLON	DIRECTOR	1.00	Director	$0	$0	$0
BRENT DOLEZALEK	DIRECTOR	1.00	Director	$0	$0	$0
ORNA EHRLICH	DIRECTOR	1.00	Director	$0	$0	$0
AMY LASTER	DIRECTOR	1.00	Director	$0	$0	$0
KELLY ROSE	DIRECTOR	1.00	Director	$0	$0	$0
KRISSA SMITH	DIRECTOR	1.00	Director	$0	$0	$0
KRISTEN MUELLER	DIRECTOR	1.00	Director	$0	$0	$0
MARYROSE FRANKO	EXECUTIVE DIRECTOR	40.00	Officer	$118,318	$0	$118,318
CHRISTINE RIORDAN	EXECUTIVE DIRECTOR	40.00	Officer	$115,790	$0	$115,790
JENNA HICKS	ASSISTANT DIRECTOR	40.00	Officer	$109,644	$0	$109,644

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	$631,418	$692,487	$827,943	$-61,069
2023	$583,743	$708,746	$819,243	$-125,003
2022	$660,757	$574,512	$922,553	$86,245
2021	$512,240	$606,210	$1,337,477	$-93,970
2020	$641,111	$531,677	$1,693,064	$109,434
2019	$543,093	$672,131	$1,838,348	$-129,038
2018	$638,282	$549,571	$2,246,124	$88,711

HEALTH RESEARCH ALLIANCE INC