INSTITUTE OF NUCLEAR MEDICINE INC

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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

Principal Officer

FARAZ FARHADI

Phone

7039011988

Tax Period

2024-01-01 to 2024-12-31

INSTITUTE OF NUCLEAR MEDICINE INC, founded in 2023, is a micro nonprofit in the Health Care sector that reported $77K in total revenue in fiscal year 2024. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $371K exceeded revenue, resulting in a 379% operating deficit.

Mission

The mission of the Institute of Nuclear Medicine (INM) is to advance the field of nuclear medicine through innovative research, education, and patient advocacy. The institute is dedicated to improving patient care by developing and implementing cutting-edge techniques in radiopharmaceutical therapy.

Program Service Accomplishments

Program 1

To acheive High Quality Health for society

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $55,000

Program Service Revenue $13,108

Investment Income $9,305

Other Revenue $0

TOTAL REVENUE $77,413

Expense Breakdown

Grants Paid $40,000

Salaries & Benefits $252,474

Fundraising Expenses $0

Other Expenses $78,193

TOTAL EXPENSES $370,667

Year-over-Year Comparison

	2024	2023	Change
Revenue	$77,413	$610,000	-0.9%
Expenses	$370,667	$7,080	+51.4%
Net Income	$-293,254	$602,920	-1.5%

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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BABAK SABOURY SICHANI	OFFICER	20	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	$77,413	$370,667	$309,666	$-293,254
2023	$610,000	$7,080	$602,920	$602,920