CENTER FOR RESEARCH EDUCATION SCIENTIFIC THERAPEUTICS INC (EIN 824920883) - 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

2018

Legal Domicile

Principal Officer

PARIZAD TARAPOREWALA

Phone

9833048216

Tax Period

2023-01-01 to 2023-12-31

CENTER FOR RESEARCH EDUCATION SCIENTIFIC THERAPEUTICS INC, founded in 2018, is a community nonprofit in the Health Care sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 96% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 15% surplus.

Mission

ORGANIZATION'S MISSION IS TO ENABLE PERSONS INVOLVED IN THE MEDICAL COMMUNITY TO ACQUIRE ADVANCE EDUCATION IN KEY SPECIALTY AREAS EXPANDING THEIR HORIZON OF HEALTH AWARENESS; HEALTH CARE SERVICE; AND ADVANCEMENTS IN MEDICAL PRACTICES AND TECHNOLOGIES.

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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 $1,591,297

Program Service Revenue $0

Investment Income $0

Other Revenue $808

TOTAL REVENUE $1,592,105

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,337,146

Other Expenses $1,354,621

TOTAL EXPENSES $1,354,621

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,592,105	$811,294	+1.0%
Expenses	$1,354,621	$790,532	+0.7%
Net Income	$237,484	$20,762	+10.4%

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
PARIZAD TARAPOREWALA	DIRECTOR	30.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,592,105	$1,354,621	$350,955	$237,484
2022	$811,294	$790,532	$68,815	$20,762
2021	$22,509	$55,334	$44,844	$-32,825
2020	$10,428	$23,928	$77,669	$-13,500
2019	$933,468	$1,090,709	$91,169	$-157,241
2018	$1,084,129	$835,744	$248,410	$248,385

CENTER FOR RESEARCH EDUCATION SCIENTIFIC THERAPEUTICS INC