NEUROLIPID RESEARCH FOUNDATION (EIN 800496243) - 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

Principal Officer

HERBERT PIERCE III

Phone

8564315505

Tax Period

2020-01-01 to 2020-12-31

NEUROLIPID RESEARCH FOUNDATION is a community nonprofit that reported $1.1M in total revenue in fiscal year 2020. Revenue surged 53411% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC, RELIGIOUS, AND CULTURAL ORGANIZATIONS PURPOSES, INCLUDING FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTION OF ANY FEDERAL TAX CODE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $184,598

Program Service Revenue $879,158

Investment Income $0

Other Revenue $6,468

TOTAL REVENUE $1,070,224

Expense Breakdown

Grants Paid $0

Salaries & Benefits $155,423

Fundraising Expenses $0

Program Expenses $916,234

Other Expenses $1,034,355

TOTAL EXPENSES $1,189,778

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,070,224	$2,000	+534.1%
Expenses	$1,189,778	$51,923	+21.9%
Net Income	$-119,554	$-49,923	+1.4%

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

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

$101,000

Total Directors

$107,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HERBERT PIERCE III	PRESIDENT/TR	40.00	Officer Director	$101,000	$0	$101,000
KRISHNA DONIPARTHI	TRUSTEE	10.00	Director	$6,500	$0	$6,500
MELVIN PIERCE	TRUSTEE	2.00	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
2020	$1,070,224	$1,189,778	$65,224	$-119,554

NEUROLIPID RESEARCH FOUNDATION