The Art of Medicine Foundation Inc (EIN 812704739) - 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

2016

Legal Domicile

Principal Officer

Kenneth E La Roe

Tax Period

2021-01-01 to 2021-12-31

The Art of Medicine Foundation Inc, founded in 2016, is a micro nonprofit in the Diseases & Disorders sector that reported $3K in total revenue in fiscal year 2021. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $9K exceeded revenue, resulting in a 194% operating deficit.

Mission

The purpose of the Foundation is to inform, educate, support, and advocate on behalf of traumatic brain injury survivors, their families, and caregivers. Our mission is to focus on brain injury prevention and to change the protocol of treating concussive brain injuries.

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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 (2021)

Revenue Breakdown

Contributions & Grants $3,100

Program Service Revenue $0

Investment Income $75

Other Revenue $0

TOTAL REVENUE $3,175

Expense Breakdown

Grants Paid $8,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $8,000

Other Expenses $1,343

TOTAL EXPENSES $9,343

Year-over-Year Comparison

	2021	2020	Change
Revenue	$3,175	$44,389	-0.9%
Expenses	$9,343	$218,811	-1.0%
Net Income	$-6,168	$-174,422	-1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

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
Katharina Busl MD	Director	1.00	Director	$0	$0	$0
Riley Allen	Director	1.00	Director	$0	$0	$0
Cindy La Roe	Vice-President	2.00	Officer Director	$0	$0	$0
Kenneth E La Roe	PresidentTreasurer	5.00	Officer Director	$0	$0	$0
Susie La Roe	Secretary	5.00	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
2021	$3,175	$9,343	$122,877	$-6,168
2020	$44,389	$218,811	$129,812	$-174,422
2019	$44,526	$36,749	$308,517	$7,777
2018	$296,475	$106,911	$295,690	$189,564

The Art of Medicine Foundation Inc