YESRX

EIN: 932067518 501(c)(3) Health Care

Ann Arbor, MI

Total Revenue
$808,683
Total Expenses
$365,364
Total Assets
$596,934
Net Assets
$593,799
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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
MI
Principal Officer
Siobhan Norman
Phone
7349045198
Tax Period
2024-01-01 to 2024-12-31

YESRX, founded in 2023, is a small nonprofit in the Health Care sector that reported $809K in total revenue in fiscal year 2024. Revenue surged 168% from the prior year, signaling strong growth momentum. The organization ran a surplus of $443K, a strong 55% operating margin.

Mission

Advance Health equity in underserved communities by supporting partners in healthcare in a sustainable ecosystem that improves cancer medication access and eliminates cancer medication waste

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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 $803,376
Program Service Revenue $0
Investment Income $5,307
Other Revenue $0
TOTAL REVENUE $808,683

Expense Breakdown

Grants Paid $0
Salaries & Benefits $315,672
Fundraising Expenses $0
Program Expenses $349,137
Other Expenses $49,692
TOTAL EXPENSES $365,364

Year-over-Year Comparison

2024 2023 Change
Revenue $808,683 $301,434 +1.7%
Expenses $365,364 $151,595 +1.4%
Net Income $443,319 $149,839 +2.0%
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
5
Independent Members
3
Employees
2
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
2
$294,299
Total Directors
0
$0
Key Employees
2
$294,299
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Siobhan Norman CEO 40.00
Officer Key Emp Highest
$187,000 $0 $187,000
Emily Mackler CMO 20.00
Officer Key Emp
$107,299 $0 $107,299
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 $808,683 $365,364 $596,934 $443,319
2023 $301,434 $151,595 $154,802 $149,839
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