The Albert Research Institute for White Matter & C (EIN 834344538) - 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

2021

Legal Domicile

Phone

5083410792

Tax Period

2024-01-01 to 2024-12-31

The Albert Research Institute for White Matter & C, founded in 2021, is a small nonprofit in the Medical Research sector that reported $757K in total revenue in fiscal year 2024. Revenue surged 37750% from the prior year, signaling strong growth momentum. The organization ran a surplus of $685K, a strong 90% operating margin.

Mission

To advance studies to gain a greater understanding of white matter and is it possible to slow cognitive loss.

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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 (2024)

Revenue Breakdown

Contributions & Grants $757,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $757,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,000

Fundraising Expenses $0

Program Expenses $32,158

Other Expenses $37,299

TOTAL EXPENSES $72,299

Year-over-Year Comparison

	2024	2023	Change
Revenue	$757,000	$2,000	+377.5%
Expenses	$72,299	$85,455	-0.2%
Net Income	$684,701	$-83,455	-9.2%

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

Governance

Voting Members

Independent Members

N/A

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

$35,000

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Susan Brogan	Director	Director	$35,000	$0	$35,000
Frank Barone	President	Officer	$0	$0	$0
Shawn Whitehead	VP	Officer	$0	$0	$0
Jeff Burns	Treasurer	Officer	$0	$0	$0
Farzaneh Sorond	Secretary	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	$757,000	$72,299	$809,375	$684,701
2023	$2,000	$85,455	$90,627	$-83,455
2022	No data	$90,121	$174,082	No data
2021	$300,000	$35,797	$264,203	$264,203

The Albert Research Institute for White Matter & C