Carson City, NV
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
As a supporting organization to the Clayton Foundation for Research ("Clayton"), the organization's primary mission is to fund medical research for the purpose of discovering the cause, prevention and cure of diseases for the benefit of mankind. The secondary mission is to transfer the resulting medical research discoveries from the laboratory to the use of the general public by patenting and licensing such technology for development into drugs or other products for the use and benefit of mankind through Clayton's other supporting entities.
Foundation for Research is a supporting organization to Clayton Foundation for Research (Clayton) . The organization grants funds to Clayton for its general support. Clayton uses such funds in...
Foundation for Research is a supporting organization to Clayton Foundation for Research (Clayton) . The organization grants funds to Clayton for its general support. Clayton uses such funds in carrying out its primary mission (i.e. to conduct medical research in conjunction with hospitals for the purpose of discovering the cause, prevention and cure of diseases for the benefit of mankind).
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
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