IJRI RESEARCH AND EDUCATION FOUNDATION I

EIN: 923478060 501(c)(3) Medical Research

FISHERS, IN

Total Revenue
$250,000
Total Expenses
$162,702
Total Assets
$87,298
Net Assets
$87,298
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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
2023
Legal Domicile
IN
Principal Officer
ROBERT MICHAEL MENEGHINI
Phone
3178471366
Tax Period
2024-01-01 to 2024-12-31

IJRI RESEARCH AND EDUCATION FOUNDATION I, founded in 2023, is a small nonprofit in the Medical Research sector that reported $250K in total revenue in fiscal year 2024. The organization ran a surplus of $87K, a strong 35% operating margin.

Mission

TO ADVANCE CARE AND IMPROVE OUTCOMES IN ORTHOPEDICS AND HIP AND KNEE REPLACEMENT PATIENTS THROUGH RESEARCH AND EDUCATION BENEFITING THE COMMUNITY, PATIENTS, AND THE ENTIRE FIELD OF ORTHOPEDICS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $250,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $250,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $125,351
Fundraising Expenses $0
Program Expenses $161,702
Other Expenses $37,351
TOTAL EXPENSES $162,702

Year-over-Year Comparison

2024 2023 Change
Revenue $250,000 N/A N/A
Expenses $162,702 N/A N/A
Net Income $87,298 $0 N/A
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

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Governance

Voting Members
4
Independent Members
4
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT MICHAEL MENEGHINI PRESIDENT AND DIRECTOR 1.00
Officer Director
$0 $0 $0
JENNIFER FRY TREASURER AND DIRECTOR 1.00
Officer Director
$0 $0 $0
EVAN DECKARD SECRETARY AND DIRECTOR 1.00
Officer Director
$0 $0 $0
JOHN MEDING DIRECTOR 1.00
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 $250,000 $162,702 $87,298 $87,298
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