FATTY ACID RESEARCH INSTITUTE (EIN 851873396) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2020

Legal Domicile

Principal Officer

BILL HARRIS

Phone

7126354811

Tax Period

2023-01-01 to 2023-12-31

FATTY ACID RESEARCH INSTITUTE, founded in 2020, is a small nonprofit that reported $325K in total revenue in fiscal year 2021. Revenue surged 439% from the prior year, signaling strong growth momentum. The organization ran a surplus of $122K, a strong 37% operating margin.

Mission

FARI IS COMMITTED TO ADVANCING THE KNOWLEDGE OF THE RELATIONSHIPS BETWEEN FATTY ACIDS AND HEALTH.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $585,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $585,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,050

Fundraising Expenses $0

Program Expenses $274,090

Other Expenses $384,463

TOTAL EXPENSES $388,513

Year-over-Year Comparison

	2023	2022	Change
Revenue	$585,500	$303,253	+0.9%
Expenses	$388,513	$313,386	+0.2%
Net Income	$196,987	$-10,133	-20.4%

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

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

$3,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM HARRIS	PRESIDENT	20.00	Officer Director	$0	$0	$0
ELLEN SCHUTT	DIRECTOR	1.00	Director	$0	$0	$0
JASON POLREIS	DIRECTOR	1.00	Director	$0	$0	$0
SAM WILEY	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN TINTLE	EXECUTIVE DIRECTOR	1.00	Officer	$3,600	$0	$3,600

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	$585,500	$388,513	$379,027	$196,987
2022	$303,253	$313,386	$145,011	$-10,133
2021	$324,959	$203,219	$154,345	$121,740

FATTY ACID RESEARCH INSTITUTE