Foundation for Research (EIN 880234196) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

Robert M Wallace

Phone

7753293111

Tax Period

2023-01-01 to 2023-12-31

Foundation for Research, founded in 1989, is a community nonprofit in the Medical Research sector that reported $8.1M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.1M, a strong 51% operating margin.

Mission

Foundation for Research is a charitable non-profit corporation established to support medical and scientific research.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,100,000

Program Service Revenue $0

Investment Income $4,984,942

Other Revenue $0

TOTAL REVENUE $8,084,942

Expense Breakdown

Grants Paid $2,575,000

Salaries & Benefits $967,893

Fundraising Expenses $0

Program Expenses $3,098,455

Other Expenses $417,015

TOTAL EXPENSES $3,959,908

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,084,942	$6,169,277	+0.3%
Expenses	$3,959,908	$2,922,550	+0.4%
Net Income	$4,125,034	$3,246,727	+0.3%

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

Governance

Voting Members

Independent Members

N/A

Employees

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

$3,255,020

Total Directors

$3,570,827

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert M Wallace	Trustee, President	4.00	Officer Director	$203,362	$97,800	$761,256
Jarred W Sloan	Trustee, Vice President, Treasurer	6.00	Officer Director	$168,007	$97,800	$761,256
Lynn P Carter	Trustee	4.00	Director	$97,315	$97,800	$761,256
Joan S Dunlap	Trustee,VP,Assistant Secretary	4.00	Officer Director	$94,995	$88,019	$588,105
Brian W Crozier	Trustee, Chairman	2.00	Officer Director	$97,315	$50,086	$395,392
Thomas J Brorby Deceased	Trustee, Chairman	2.00	Officer Director	$80,872	$16,600	$303,562
Robert L Evans	VP, Assistant Treasurer	0.00	Officer	$0	$81,846	$291,846
John Russell Beekman	Vice President	20.00	Officer	$113,678	$39,925	$153,603
Christopher MacKenzie	Vice President, Secretary	1.00	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	No data	No data	No data	No data
2023	$8,084,942	$3,959,908	$153,158,382	$4,125,034
2022	$6,169,277	$2,922,550	$139,501,706	$3,246,727
2021	$4,402,154	$2,838,601	$164,068,419	$1,563,553
2020	$2,247,407	$2,025,340	$147,263,007	$222,067

Foundation for Research