THE GIOVANNI LORENZINI MEDICAL FOUNDATIO

EIN: 760114572 501(c)(3)

WOODCLIFF LAKE, NJ

Total Revenue
$16,474
Total Expenses
$65,299
Total Assets
$55,075
Net Assets
$52,513
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NY
Principal Officer
EMANUELA FOLCO PHD
Phone
2013270400
Tax Period
2018-01-01 to 2018-12-31

THE GIOVANNI LORENZINI MEDICAL FOUNDATIO, founded in 1984, is a micro nonprofit that reported $16K in total revenue in fiscal year 2018. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $65K exceeded revenue, resulting in a 296% operating deficit.

Mission

THE PRIMARY EXEMPT PURPOSE OF THE FOUNDATION IS TO DISSEMINATE MEDICAL AND SCIENTIFIC KNOWLEDGE THROUGHOUT THE INTERNATIONAL COMMUNITY. THE FOUNDATION IS A SUPPORTING ORGANIZATION FOR THE FONDAZIONE GIOVANNI LORENZINI AND PROMOTES ITS EDUCATION GOALS IN THE UNITED STATES.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $16,338
Investment Income $136
Other Revenue $0
TOTAL REVENUE $16,474

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,220
Other Expenses $65,299
TOTAL EXPENSES $65,299

Year-over-Year Comparison

2018 2017 Change
Revenue $16,474 $80,257 -0.8%
Expenses $65,299 $226,457 -0.7%
Net Income $-48,825 $-146,200 -0.7%
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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Governance

Voting Members
2
Independent Members
1
Employees
N/A
Volunteers
2

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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR EMANUELA FOLCO DIRECTOR 28.00
Director
$0 $0 $0
DR SERGIO PECORELLI PRESIDENT 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
2018 $16,474 $65,299 $55,075 $-48,825
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