Humble, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RESEARCH UPDATE INC, founded in 2019, is a small nonprofit in the Medical Research sector that reported $770K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $389K, a strong 51% operating margin.
To advance the knowledge of medicine and promote the best possible care for patients with adult and childhood-onset disorders by making current medical researchavailable free of cost to the community, students and physicians and encouraging students, residents, and fellows to embrace research, and promote new innovations in the medical field .
TRAINING To advance the knowledge of medicine and promote the best possible care for patients with adult and childhood-onset disorders by making current medical researchavailable free of cost to the...
TRAINING To advance the knowledge of medicine and promote the best possible care for patients with adult and childhood-onset disorders by making current medical researchavailable free of cost to the community, students and physicians and encouraging students, residents, and fellows to embrace research, and promote new innovations in the medical field .
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $770,054 | $651,738 | +0.2% |
| Expenses | $380,853 | $193,851 | +1.0% |
| Net Income | $389,201 | $457,887 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| URVISH PATEL | PRESIDENT/CEO | 020.00 |
Officer
Director
Key Emp
|
$0 | $0 | $60,000 |
| LISETH LAVADO | TREASURER | 001.00 |
Director
|
$0 | $0 | $0 |
| REYMUNDA MACAVILCA | SECRETARY | 002.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $770,054 | $380,853 | $1,026,788 | $389,201 |
| 2022 | $651,738 | $193,851 | $695,660 | $457,887 |
| 2021 | $334,394 | $168,936 | $172,395 | $165,458 |
Compare RESEARCH UPDATE INC with other nonprofits in Texas and across the country.