GENOMICS ORGANIZATION FOR ACADEMIC LABORATORIES (EIN 853066920) - 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

2020

Legal Domicile

Principal Officer

MELVIN LIMSON

Phone

3026604944

Tax Period

2024-01-01 to 2024-12-31

GENOMICS ORGANIZATION FOR ACADEMIC LABORATORIES, founded in 2020, is a small nonprofit in the Human Services sector that reported $139K in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $182K exceeded revenue, resulting in a 30% operating deficit.

Mission

THE PROFESSIONAL ORGANIZATION FOR ACADEMIC LABORATORIES TO COLLABORATE ON BIOMARKER TESTING DEVELOPMENT AND PROJECTS TO ADVANCE PERSONALIZED MOLECULAR DIAGNOSTICS AND PATIENT CARE.

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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 $0

Program Service Revenue $110,328

Investment Income $27,688

Other Revenue $1,245

TOTAL REVENUE $139,261

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $90,844

Other Expenses $181,723

TOTAL EXPENSES $181,723

Year-over-Year Comparison

	2024	2023	Change
Revenue	$139,261	$101,280	+0.4%
Expenses	$181,723	$193,594	-0.1%
Net Income	$-42,462	$-92,314	-0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEREMY SEGAL MD PHD	PRESIDENT	4.00	Officer Director	$0	$0	$0
DANIEL JONES MD PHD	SECY/TREASURER	2.00	Officer Director	$0	$0	$0
DARA AISNER MD PHD	CHAIR	4.00	Officer Director	$0	$0	$0
JENNIFER MORRISSETTE PHD	CHAIR ACADEMIC ADVISORY CM	2.00	Officer Director	$0	$0	$0
CHRISTOPHER GOCKE MD	MEMBER-AT-LARGE	2.00	Director	$0	$0	$0
MELVIN LIMSON PHD	MEMBER-AT-LARGE	2.00	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
2025	No data	No data	No data	No data
2024	$139,261	$181,723	$892,875	$-42,462
2023	$101,280	$193,594	$978,394	$-92,314
2022	$37,580	$142,518	$1,148,657	$-104,938
2021	$1,048,000	$88,508	$962,242	$959,492

GENOMICS ORGANIZATION FOR ACADEMIC LABORATORIES