MCLAUGHLIN RESEARCH INSTITUTE FOR BIOMEDICAL SCIENCES INC

EIN: 810459235 501(c)(3)

GREAT FALLS, MT

Total Revenue
$7,636,768
Total Expenses
$3,698,612
Total Assets
$15,630,159
Net Assets
$15,290,157
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
MT
Principal Officer
RENEE REIJO PERA
Phone
4064546015
Tax Period
2021-07-01 to 2022-06-30

MCLAUGHLIN RESEARCH INSTITUTE FOR BIOMEDICAL SCIENCES INC, founded in 1989, is a community nonprofit that reported $7.6M in total revenue in fiscal year 2021. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.9M, a strong 52% operating margin.

Mission

THE INSTITUTE'S MISSION IS TO IMPROVE HUMAN HEALTH THROUGH INNOVATIVE GENETIC RESEARCH AND EDUCATION.

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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 (2021)

Revenue Breakdown

Contributions & Grants $5,434,274
Program Service Revenue $1,865,331
Investment Income $334,242
Other Revenue $2,921
TOTAL REVENUE $7,636,768

Expense Breakdown

Grants Paid $6,500
Salaries & Benefits $2,202,780
Fundraising Expenses $181,665
Program Expenses $3,230,239
Other Expenses $1,489,332
TOTAL EXPENSES $3,698,612

Year-over-Year Comparison

2021 2020 Change
Revenue $7,636,768 $3,687,687 +1.1%
Expenses $3,698,612 $2,360,324 +0.6%
Net Income $3,938,156 $1,327,363 +2.0%
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

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Governance

Voting Members
13
Independent Members
13
Employees
34
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
7
$354,681
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY GRAY CHAIR 5.00
Officer Director
$0 $0 $0
MAXON DAVIS VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN LANE SECRETARY 1.00
Officer Director
$0 $0 $0
GENE THAYER EXECUTIVE BOARD CHAIR 1.00
Officer Director
$0 $0 $0
GARY BJELLAND BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID CAMERON PHD BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE A CARLSON PHD BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL EICHWALD BOARD MEMBER 1.00
Director
$0 $0 $0
BJARNE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
ERIK SLETTEN BOARD MEMBER 1.00
Director
$0 $0 $0
CATHIE TRONSON BOARD MEMBER 1.00
Director
$0 $0 $0
DR IRVING WEISSMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ARLYNE REICHERT HONORARY BOARD MEMBER 1.00
Director
$0 $0 $0
MARIA KNAPEK FIN & RES SUP OFFICER 40.00
Officer
$90,770 $0 $90,770
RENEE REIJO PERA CURRENT PRESIDENT 40.00
Officer
$171,209 $28,183 $199,392
MEGANNE CASEY CURRENT VICE-PRES 40.00
Officer
$64,519 $0 $64,519
TERESA GUNN ASSOCIATE PROFESSOR 40.00
Highest
$117,255 $0 $117,255
MICHAEL KAVANAUGH PHD FORMER DIRECTOR 40.00
$132,012 $0 $132,012
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
2023 No data No data No data No data
2022 $7,636,768 $3,698,612 $15,630,159 $3,938,156
2021 $3,697,613 $2,360,443 $13,447,812 $1,337,170
2020 $2,881,556 $2,129,940 $11,010,365 $751,616
2019 $1,182,046 $2,152,102 $12,622,560 $-970,056
2019 $1,522,749 $2,131,446 $11,064,272 $-608,697
2018 $1,271,692 $2,260,719 $13,941,354 $-989,027
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