NATIONAL STEM CELL FOUNDATION INC

EIN: 830392250 501(c)(3) Medical Research

Louisville, KY

Total Revenue
$2,468,330
Total Expenses
$2,402,380
Total Assets
$7,486,803
Net Assets
$7,078,512
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
DC
Principal Officer
Paula Grisanti
Phone
5023798544
Tax Period
2024-01-01 to 2024-12-31

NATIONAL STEM CELL FOUNDATION INC, founded in 2003, is a community nonprofit in the Medical Research sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 84% from the prior year, signaling strong growth momentum. Net assets of $7.1M represent 34 months of operating reserves.

Mission

NSCF funds adult stem cell and regenerative medicine research, connects children with limited resources to clinical trials for rare diseases, and underwrites a professional development program for middle school science teachers inspiring the next generation of stem pioneers nationwide.

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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 $2,336,614
Program Service Revenue $11,000
Investment Income $120,716
Other Revenue $0
TOTAL REVENUE $2,468,330

Expense Breakdown

Grants Paid $647,920
Salaries & Benefits $279,618
Fundraising Expenses $288,365
Program Expenses $1,939,510
Other Expenses $1,474,842
TOTAL EXPENSES $2,402,380

Year-over-Year Comparison

2024 2023 Change
Revenue $2,468,330 $1,340,918 +0.8%
Expenses $2,402,380 $1,654,489 +0.5%
Net Income $65,950 $-313,571 -1.2%
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
5
Independent Members
3
Employees
4
Volunteers
4

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
4
$130,950
Total Directors
5
$100,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paula Grisanti CEO 50
Officer Director
$100,000 $0 $100,000
Diane Cornwell Chief Financial Officer 3.00
Officer
$30,950 $0 $30,950
Michael Grisanti Director 2
Director
$0 $0 $0
John M Cranor III Director 0.1
Director
$0 $0 $0
Dennis Riggs Secretary/Treasurer 0.5
Officer Director
$0 $0 $0
Bruce S Wolff Chairman 1.5
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
2024 $2,468,330 $2,402,380 $7,486,803 $65,950
2023 $1,340,918 $1,654,489 $7,712,406 $-313,571
2022 $1,865,601 $2,380,812 $7,677,199 $-515,211
2021 $1,286,461 $1,371,416 $8,111,646 $-84,955
2020 $972,933 $1,120,439 $8,258,969 $-147,506
2019 $2,387,680 $2,718,607 $8,347,114 $-330,927
2018 $893,936 $1,074,901 $8,811,543 $-180,965
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