MHO RESEARCH FOUNDATION INC

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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

2016

Legal Domicile

Principal Officer

ALEC GOLDENBERG

Phone

5166690272

Tax Period

2024-01-01 to 2024-12-31

MHO RESEARCH FOUNDATION INC, founded in 2016, is a small nonprofit in the Diseases & Disorders sector that reported $112K in total revenue in fiscal year 2024. Revenue surged 123% from the prior year, signaling strong growth momentum. Expenses of $124K exceeded revenue, resulting in a 10% operating deficit.

Mission

MHO RESEARCH IS FORMED TO CONDUCT AND SUPPORT RESEARCH CONCERNING HEMATOLOGIC AND ONCOLOGIC DISEASES.

Program Service Accomplishments

Program 1

MHO RESEARCH IS FORMED TO CONDUCT AND SUPPORT RESEARCH CONCERNING HEMATOLOGIC AND ONCOLOGIC DISEASES.

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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 $112,150

Program Service Revenue $0

Investment Income $179

Other Revenue $0

TOTAL REVENUE $112,329

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $44,778

Fundraising Expenses $0

Program Expenses $69,384

Other Expenses $74,250

TOTAL EXPENSES $124,028

Year-over-Year Comparison

	2024	2023	Change
Revenue	$112,329	$50,467	+1.2%
Expenses	$124,028	$180,976	-0.3%
Net Income	$-11,699	$-130,509	-0.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEC GOLDENBERG	PRESIDENT	N/A	Officer Director	$0	$0	$0
KAREN HAGLOF	VICE PRESIDE	N/A	Officer 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
2024	$112,329	$124,028	$66,473	$-11,699
2023	$50,467	$180,976	$74,601	$-130,509
2022	$77,217	$151,926	$215,176	$-74,709
2021	$80,414	$119,012	$289,774	$-38,598
2020	$199,310	$227,025	$307,032	$-27,715
2019	$197,085	$233,668	$330,518	$-36,583
2018	$321,500	$236,464	$367,101	$85,036