RACE TO ERASE MS (EIN 841238541) - 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

1993

Legal Domicile

Principal Officer

NANCY DAVIS

Phone

3104404842

Tax Period

2024-01-01 to 2024-12-31

RACE TO ERASE MS, founded in 1993, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $1.7M exceeded revenue, resulting in a 29% operating deficit.

Mission

TO PROVIDE FUNDING FOR RESEARCH AND TO PROMOTE AWARENESS FOR THE TREATMENT AND ULTIMATE CURE OF MULTIPLE SCLEROSIS.

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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 $1,171,334

Program Service Revenue $0

Investment Income $115,621

Other Revenue $0

TOTAL REVENUE $1,286,955

Expense Breakdown

Grants Paid $360,000

Salaries & Benefits $766,024

Fundraising Expenses $263,543

Program Expenses $1,147,070

Other Expenses $537,725

TOTAL EXPENSES $1,663,749

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,286,955	$1,172,662	+0.1%
Expenses	$1,663,749	$1,632,020	+0.0%
Net Income	$-376,794	$-459,358	-0.2%

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

Employees

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

$485,972

Total Directors

$277,952

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY DAVIS	PRESIDENT/CH	40.00	Officer Director	$221,760	$56,192	$277,952
ELIZABETH SEARES	COO	40.00	Officer	$179,829	$28,191	$208,020
JACK ANTEL	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
SIEDAH GARRETT	DIRECTOR	1.00	Director	$0	$0	$0
CLAUDIA CURRY HILL	DIRECTOR	1.00	Director	$0	$0	$0
CHAD KING	DIRECTOR	1.00	Director	$0	$0	$0
AVRIL LAVIGNE	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE LUSTIG	DIRECTOR	1.00	Director	$0	$0	$0
JIMMY LUSTIG	DIRECTOR	1.00	Director	$0	$0	$0
DAVID OSMOND	DIRECTOR	1.00	Director	$0	$0	$0
LYNN PALMER	DIRECTOR	1.00	Director	$0	$0	$0
KEN RICKEL	DIRECTOR	1.00	Director	$0	$0	$0
TAWNY SANDERS	DIRECTOR	1.00	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	$1,286,955	$1,663,749	$2,305,612	$-376,794
2023	$1,172,662	$1,632,020	$2,132,875	$-459,358
2022	$1,056,260	$1,414,948	$2,745,138	$-358,688
2021	$1,461,355	$1,434,275	$3,284,707	$27,080
2020	$1,288,737	$1,561,593	$2,644,707	$-272,856
2019	$1,616,673	$1,883,874	$3,658,730	$-267,201
2018	$2,102,990	$1,857,631	$3,862,012	$245,359

RACE TO ERASE MS