INSTITUTE OF NUCLEAR MEDICINE INC

EIN: 932233166 501(c)(3) Health Care

GLEN BURNIE, MD

Total Revenue
$77,413
Total Expenses
$370,667
Total Assets
$309,666
Net Assets
$309,666
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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
MD
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.

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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 $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

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Governance

Voting Members
3
Independent Members
N/A
Employees
3
Volunteers
3

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
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
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