FOOTBALL RESEARCH 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

Phone

2124502000

Tax Period

2024-04-01 to 2025-03-31

FOOTBALL RESEARCH INC, founded in 2016, is a mid-sized nonprofit in the Medical Research sector that reported $12.1M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

OUR MISSION IS TO REDUCE EXPOSURE TO TRAUMATIC BRAIN AND NECK INJURIES IN ALL ATHLETES, WITH A FOCUS ON FOOTBALL PLAYERS, FROM CHILDREN TO PROFESSIONALS; CONDUCT RESEARCH INTO THE FREQUENCY, SEVERITY, AND TYPES OF IMPACTS SUSTAINED BY FOOTBALL PLAYERS AND THE CONNECTION OF THOSE IMPACTS TO INJURIES; OPTIMIZE SENSORS AND VIDEO TECHNOLOGIES TO COLLECT SUCH DATA; AND DETERMINE THE ROLE OF A HELMET IN PREVENTING INJURY. THE GOAL OF THE ORGANIZATION IS TO PROVIDE SCIENTIFIC INFORMATION TO THE GENERAL PUBLIC TO STIMULATE INNOVATION AND DESIGN OF PLAYER-READY SAFETY EQUIPMENT THAT WILL RESULT IN FEWER BRAIN AND NECK INJURIES FOR ANYONE WHO PLAYS FOOTBALL.

Program Service Accomplishments

Program 1

Expenses: $11,752,102 Revenue: $0

TO PROVIDE SCIENTIFIC INFORMATION TO THE GENERAL PUBLIC TO STIMULATE INNOVATION AND DESIGN OF PLAYER-READY SAFETY EQUIPMENT THAT WILL RESULT IN FEWER BRAIN AND NECK INJURIES FOR ANYONE WHO PLAYS...

TO PROVIDE SCIENTIFIC INFORMATION TO THE GENERAL PUBLIC TO STIMULATE INNOVATION AND DESIGN OF PLAYER-READY SAFETY EQUIPMENT THAT WILL RESULT IN FEWER BRAIN AND NECK INJURIES FOR ANYONE WHO PLAYS FOOTBALL.

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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 $12,076,770

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $12,076,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,752,102

Other Expenses $12,076,770

TOTAL EXPENSES $12,076,770

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,076,770	$10,674,839	+0.1%
Expenses	$12,076,770	$11,235,868	+0.1%
Net Income	$0	$-561,029	-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

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
ALTON ROMIG JR	DIRECTOR	2.0	Director	$0	$0	$0
BARCLAY MORRISON III	DIRECTOR	2.0	Director	$0	$0	$0
GEOFFREY LING	DIRECTOR	2.0	Director	$0	$0	$0
JEFFREY W RUNGE	DIRECTOR	2.0	Director	$0	$0	$0
ANTHONY CARDILLO	TREASURER	1.0	Officer	$0	$0	$0
JEFFREY MILLER	PRESIDENT	1.0	Officer	$0	$0	$0
MATTHEW MORGADO	SECRETARY	1.0	Officer	$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
2025	$12,076,770	$12,076,770	$3,288,647	No data
2024	$10,674,839	$11,235,868	$4,078,787	$-561,029
2023	$8,216,969	$8,948,387	$3,775,903	$-731,418
2022	$9,164,438	$10,004,114	$4,325,864	$-839,676
2021	$8,948,537	$9,618,288	$12,077,217	$-669,751
2020	$8,782,918	$8,782,918	$10,009,271	No data
2019	$12,856,045	$11,612,495	$12,095,409	$1,243,550