WESTERN RESEARCH INSTITUTE (EIN 742269704) - 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

1983

Legal Domicile

Principal Officer

DR DIDIER LESUEUR

Phone

3077212207

Tax Period

2023-01-01 to 2023-12-30

WESTERN RESEARCH INSTITUTE, founded in 1983, is a community nonprofit in the Education sector that reported $3.3M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $3.9M exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROVIDE SCIENTIFIC AND TECHNOLOGICAL SOLUTIONS TO PROBLEMS RELATED TO ENERGY AND THE ENVIRONMENT

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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 $289,391

Program Service Revenue $2,971,214

Investment Income $240

Other Revenue $0

TOTAL REVENUE $3,260,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,536,307

Fundraising Expenses $0

Program Expenses $1,749,501

Other Expenses $1,393,437

TOTAL EXPENSES $3,929,744

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,260,845	$3,451,985	-0.1%
Expenses	$3,929,744	$3,873,431	+0.0%
Net Income	$-668,899	$-421,446	+0.6%

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

$200,123

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR MYRON B ALLEN III	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
RICHARD WILLSON JR	DIRECTOR	1.00	Director	$0	$0	$0
DR OPINDER BHAN	DIRECTOR	1.00	Director	$0	$0	$0
ROB HURLESS	DIRECTOR	1.00	Director	$0	$0	$0
DR ANNE ALEXANDER	DIRECTOR	1.00	Director	$0	$0	$0
DR HOLLY KRUTKA	DIRECTOR	1.00	Director	$0	$0	$0
RALPH SHIRTS	DIRECTOR	1.00	Director	$0	$0	$0
JEAN-PASCAL PLANCE	CEO	40.00	Officer	$164,105	$36,018	$200,123
JOSEPH ROVANI	ANALYTICAL PROGRAM MANAGER	40.00	Highest	$108,323	$15,609	$123,932
JERAMIE ADAMS	LEAD SCIENTIST	40.00	Highest	$131,375	$32,258	$163,633
JUSTIN MARTIN	PROGRAM DIRECTOR	40.00	Highest	$116,152	$32,054	$148,206

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	No data	No data	No data	No data
2023	$3,260,845	$3,929,744	$3,251,027	$-668,899
2022	$3,451,985	$3,873,431	$3,540,945	$-421,446
2021	$5,404,475	$4,813,516	$3,507,490	$590,959
2018	$7,669,095	$7,159,237	$4,952,953	$509,858

WESTERN RESEARCH INSTITUTE