Baromedical Research Institute (EIN 720940152) - 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

1984

Legal Domicile

Principal Officer

Keith Van Meter

Phone

5043661513

Tax Period

2024-07-01 to 2025-06-30

Baromedical Research Institute, founded in 1984, is a small nonprofit that reported $332K in total revenue in fiscal year 2024. Revenue surged 402% from the prior year, signaling strong growth momentum. Expenses of $283K left a modest 15% surplus.

Mission

To advance hyperbaric oxygen medical research to create new treatments that will bring otherwise hopeless patients back to life and help them recover from catastrophic injuries.

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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 $142,898

Program Service Revenue $185,140

Investment Income $4,335

Other Revenue $0

TOTAL REVENUE $332,373

Expense Breakdown

Grants Paid $16,569

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $251,233

Other Expenses $266,069

TOTAL EXPENSES $282,638

Year-over-Year Comparison

	2024	2023	Change
Revenue	$332,373	$66,181	+4.0%
Expenses	$282,638	$411,364	-0.3%
Net Income	$49,735	$-345,183	-1.1%

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
Dr Paul G Harch	Director	20.00	Director	$0	$0	$0
Dr Keith Van Meter	President	20.00	Officer	$0	$0	$0
Sylvia Cusimano	Vice President	20.00	Officer	$0	$0	$0
Danielle Murray	Secretary	20.00	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	$332,373	$282,638	$249,532	$49,735
2024	$79,611	$411,364	$206,512	$-331,753
2023	$768,776	$635,152	$538,265	$133,624
2022	$180,263	$560,827	$404,641	$-380,564
2021	$215,027	$430,755	$785,207	$-215,728
2020	$1,016,757	$614,033	$994,219	$402,724
2019	$721,935	$766,313	$598,211	$-44,378
2018	$880,749	$708,627	$642,589	$172,122

Baromedical Research Institute