Verge Research Inc

EIN: 870863804 501(c)(3) Medical Research

Rye, NY

Total Revenue
$228,900
Total Expenses
$37,276
Total Assets
$420,090
Net Assets
$219,492
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NY
Principal Officer
Wendy Sheldon
Phone
9172879052
Tax Period
2024-01-01 to 2024-12-31

Verge Research Inc, founded in 2021, is a small nonprofit in the Medical Research sector that reported $229K in total revenue in fiscal year 2024. Revenue surged 776% from the prior year, signaling strong growth momentum. The organization ran a surplus of $192K, a strong 84% operating margin.

Mission

To advance health equity by generating evidence that is rooted in community-based partnerships and multi-disciplinary, creative approaches and innovations.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $225,000
Program Service Revenue $0
Investment Income $3,900
Other Revenue $0
TOTAL REVENUE $228,900

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,724
Fundraising Expenses $0
Program Expenses $7,314
Other Expenses $26,552
TOTAL EXPENSES $37,276

Year-over-Year Comparison

2024 2023 Change
Revenue $228,900 $26,120 +7.8%
Expenses $37,276 $3,023 +11.3%
Net Income $191,624 $23,097 +7.3%
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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
3
Volunteers
2

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
$7,270
Total Directors
4
$7,270
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rasha Dabash Chair 001.00
Officer Director
$3,989 $0 $3,989
Wendy Sheldon Treasurer / Secretary 001.00
Officer Director
$3,281 $0 $3,281
Elisa Lee Vice Chair 001.00
Officer Director
$0 $0 $0
Sandra Garcia Director 001.00
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 $228,900 $37,276 $420,090 $191,624
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Verge Research Inc with other nonprofits in New York and across the country.