Therapies for Inherited Neuropathies Inc

EIN: 815350594 501(c)(3) Diseases & Disorders

Baltimore, MD

Total Revenue
$412,123
Total Expenses
$503,277
Total Assets
$350,964
Net Assets
$332,435
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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
2017
Legal Domicile
MD
Principal Officer
Steven F O'Donnell
Phone
4102454555
Tax Period
2024-01-01 to 2024-12-31

Therapies for Inherited Neuropathies Inc, founded in 2017, is a small nonprofit in the Diseases & Disorders sector that reported $412K in total revenue in fiscal year 2024. Revenue surged 77% from the prior year, signaling strong growth momentum. Expenses of $503K exceeded revenue, resulting in a 22% operating deficit.

Mission

Advocacy and support for treatment and prevention of illnesses or conditions that are hereditary and passed from parent to offspring.

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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 (2024)

Revenue Breakdown

Contributions & Grants $416,257
Program Service Revenue $0
Investment Income $24,968
Other Revenue $-29,102
TOTAL REVENUE $412,123

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $498,313
Other Expenses $503,277
TOTAL EXPENSES $503,277

Year-over-Year Comparison

2024 2023 Change
Revenue $412,123 $232,876 +0.8%
Expenses $503,277 $119,104 +3.2%
Net Income $-91,154 $113,772 -1.8%
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
8
Independent Members
6
Employees
N/A
Volunteers
20

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steven F O'Donnell Chief Executive Officer 25.00
Officer Director
$0 $0 $0
Sherri E O'Donnell Secretary 2.00
Officer Director
$0 $0 $0
Tom Haslach Board Member 2.00
Director
$0 $0 $0
Steve O'Connell Treasurer 2.00
Officer Director
$0 $0 $0
Jimmy Reyes Board Member 2.00
Director
$0 $0 $0
Robert Shaffer Board Member 2.00
Director
$0 $0 $0
David Todd Board Member 2.00
Director
$0 $0 $0
David Norcom Board Member 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
2024 $412,123 $503,277 $350,964 $-91,154
2023 $232,876 $119,104 $423,602 $113,772
2023 $232,876 $119,104 $423,602 $113,772
2022 $277,056 $370,258 $313,614 $-93,202
2021 $191,310 $222,193 $403,044 $-30,883
2020 $379,008 $195,292 $433,926 $183,716
2019 $222,300 $146,566 $249,968 $75,734
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