Mental Research Institute (EIN 941585914) - Form 990 Financial Analysis & Trantor Score

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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

1963

Legal Domicile

Principal Officer

Mary Ann Norfleet

Tax Period

2018-04-01 to 2019-03-31

Mental Research Institute, founded in 1963, is a small nonprofit that reported $343K in total revenue in fiscal year 2018. Revenue decreased 13% compared to the prior year. Net assets of $1.3M represent 47 months of operating reserves.

Mission

To provide therapeutic services to individuals in the surrounding area, and further research and training in the mental health field through support provided to Mental Research Institute Trainings Inc.

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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 (2018)

Revenue Breakdown

Contributions & Grants $56

Program Service Revenue $183,734

Investment Income $2,164

Other Revenue $157,233

TOTAL REVENUE $343,187

Expense Breakdown

Grants Paid $0

Salaries & Benefits $189,156

Fundraising Expenses $0

Program Expenses $113,466

Other Expenses $148,938

TOTAL EXPENSES $338,094

Year-over-Year Comparison

	2018	2017	Change
Revenue	$343,187	$395,050	-0.1%
Expenses	$338,094	$383,208	-0.1%
Net Income	$5,093	$11,842	-0.6%

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

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

$65,716

Total Directors

$43,944

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas Nagy	President to Dec 2018	3.00	Officer Director	$0	$0	$0
Terry Soo-Hoo	Director	3.00	Director	$35,444	$0	$35,444
Reed Lestinger	Treasurer	1.00	Officer Director	$8,500	$0	$8,500
Thomas Ehrmann	Director	1.00	Director	$0	$0	$0
Patrina Mack	Secretary	1.00	Officer Director	$0	$0	$0
Mary Ann Norfleet	President effective Dec 2018	3.00	Officer Director	$0	$0	$0
Sophie Suberville	Executive Director	20.00	Officer	$57,216	$0	$57,216

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
2019	$343,187	$338,094	$1,358,563	$5,093
2018	$335,046	$323,204	$1,354,447	$11,842

Mental Research Institute