GET THE MEDICATIONS RIGHT INSTITUTE

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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

Tax Period

2023-01-01 to 2023-12-31

GET THE MEDICATIONS RIGHT INSTITUTE, founded in 2017, is a micro nonprofit in the Medical Research sector that reported $30K in total revenue in fiscal year 2023. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $122K exceeded revenue, resulting in a 306% operating deficit.

Mission

TO BRING CRITICAL STAKEHOLDERS TOGETHER, BOUND BY THE URGENT NEED TO OPTIMIZE OUTCOMES AND REDUCE COSTS BY GETTING THE MEDICATIONS RIGHT.

Program Service Accomplishments

Program 1

Expenses: $59,978

TO ENHANCE LIFE BY ENSURING APPROPRIATE AND PERSONALIZED USE OF MEDICATION AND GENE THERAPIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $25,000

Program Service Revenue $0

Investment Income $0

Other Revenue $4,927

TOTAL REVENUE $29,927

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,198

Fundraising Expenses $7,919

Program Expenses $59,978

Other Expenses $90,316

TOTAL EXPENSES $121,514

Year-over-Year Comparison

	2023	2022	Change
Revenue	$29,927	$1,085,000	-1.0%
Expenses	$121,514	$1,351,947	-0.9%
Net Income	$-91,587	$-266,947	-0.7%

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

$18,750

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
KATHERINE CAPPS	FOUNDERBOARD MEMBER	Director	$18,750	$0	$18,750
ALLISON HICKEY	BOARD MEMBER	Director	$0	$0	$0
SUSAN HUANG	BOARD MEMBER	Director	$0	$0	$0
IRA KLEIN	BOARD MEMBER	Director	$0	$0	$0
PAUL ABRAMOWITZ	BOARD MEMBER	Director	$0	$0	$0
PAUL GRUNDY	PRESIDENT	Officer Director	$0	$0	$0
MICHAEL MADDUX	TREASURER	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
2023	$29,927	$121,514	$117,445	$-91,587
2022	$1,085,000	$1,351,947	$425,594	$-266,947
2021	$1,123,000	$1,089,649	$540,944	$33,351
2020	$1,235,000	$1,094,203	$509,029	$140,797
2019	$1,100,000	$804,352	$319,867	$295,648
2018	No data	$1,600	$203,400	No data
2018	$200,000	$1,600	$203,400	$198,400