Cambridge, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FREEDOM OF FORM FOUNDATION INC, founded in 2018, is a micro nonprofit in the Medical Research sector that reported $26K in total revenue in fiscal year 2025. Revenue fell 89% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $10K, a strong 38% operating margin.
Conduct, fund, and popularize research in basic science, biomedical science, and bioengineering
Neuroprosthetic research being undertaken. Developing electromyography approach to sense and interpret the movement intentions of patients, and engineering ways to tolerate sources of noise and...
Neuroprosthetic research being undertaken. Developing electromyography approach to sense and interpret the movement intentions of patients, and engineering ways to tolerate sources of noise and ambiguous signals.
Analysis of craniofacial anatomy and physiology and investigation into methods that would be suitable to address diseases and disorders of the tissues involved.
We are conducting wet-lab research, investigating the biochemical interactions between Wnt proteins and Frizzled receptors, with applicability to skin biogenesis and regeneration.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $26,260 | $235,287 | -0.9% |
| Expenses | $16,153 | $12,655 | +0.3% |
| Net Income | $10,107 | $222,632 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Michael Norsworthy | President and Chief Executive Officer | 40 |
Officer
Director
|
$0 | $0 | $0 |
| Noel Garber | Vice President, Treasurer, and Chief Scientific Officer | 10 |
Officer
Director
|
$0 | $0 | $0 |
| Joshua Boogerd | Director and Chief Technology Officer | 5 |
Director
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$0 | $0 | $0 |
| Ramon Reyes | Director and Chief Information Officer | 5 |
Director
|
$0 | $0 | $0 |
| William McClenny | Director | 5 |
Director
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$0 | $0 | $0 |
| Maeve Logue | Secretary | 15 |
Officer
Director
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$0 | $0 | $0 |
| Benjamin Mitchell | Director | 5 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $26,260 | $16,153 | $264,586 | $10,107 |
| 2024 | $235,287 | $12,655 | $254,481 | $222,632 |
Compare FREEDOM OF FORM FOUNDATION INC with other nonprofits in Massachusetts and across the country.