NF2 Biosolutions

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

NF2 Biosolutions, founded in 2018, is a small nonprofit in the Diseases & Disorders sector that reported $772K in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum. Expenses of $966K exceeded revenue, resulting in a 25% operating deficit.

Mission

Seeking a cure or preventative treatment for NF2 by vigorously supporting and advancing existing and next generation biomedical technologies such as gene transfer therapy and immunontherapy

Program Service Accomplishments

Program 1

Expenses: $867,051

The organization is funding research into a cure for NF2. The organization arranged a consortium in 2019, which was attended by leading experts in the fields of NF2 research and gene therapy. From...

The organization is funding research into a cure for NF2. The organization arranged a consortium in 2019, which was attended by leading experts in the fields of NF2 research and gene therapy. From this consortium the organization identified laboratories which are working on different approaches that may lead to a cure or improved treatment for NF2. The organization is now providing support to these laboratories, and is organizing another consortium to seek additional laboritories to support.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $759,785

Program Service Revenue $0

Investment Income $0

Other Revenue $12,551

TOTAL REVENUE $772,336

Expense Breakdown

Grants Paid $735,156

Salaries & Benefits $0

Fundraising Expenses $2,493

Program Expenses $867,051

Other Expenses $231,260

TOTAL EXPENSES $966,416

Year-over-Year Comparison

	2023	2022	Change
Revenue	$772,336	$418,620	+0.8%
Expenses	$966,416	$308,337	+2.1%
Net Income	$-194,080	$110,283	-2.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

$65,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nicole Henwood	President	20.00	Officer	$49,600	$0	$49,600
Gilles Atlan	Vice President	20.00	Officer	$16,000	$0	$16,000
Brian Clay	Director	1.00	Director	$0	$0	$0
Penny Henwood	Director	1.00	Director	$0	$0	$0
Amy Williams	Director	5.00	Director	$0	$0	$0
Terri Rausch	Director	5.00	Director	$0	$0	$0
Chantelle Nobis	Director	5.00	Director	$0	$0	$0
Vito Grasso	Director	1.00	Director	$0	$0	$0
Chris Serle	Director	1.00	Director	$0	$0	$0
Deian Owen	Treasurer	5.00	Officer	$0	$0	$0
Mary Sell	Director	5.00	Officer	$0	$0	$0
Jill Velez	Secretary	5.00	Officer	$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	No data	No data	No data	No data
2023	$772,336	$966,416	$712,390	$-194,080
2022	$418,620	$308,337	$906,470	$110,283
2021	$544,244	$386,234	$796,187	$158,010
2020	$708,384	$537,191	$638,177	$171,193