MEDICAL RESEARCH CHARITIES INC (EIN 943148591) - 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

1991

Legal Domicile

Principal Officer

Michael Washburn

Phone

9786070164

Tax Period

2024-05-01 to 2025-04-30

MEDICAL RESEARCH CHARITIES INC, founded in 1991, is a small nonprofit in the Unknown sector that reported $288K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.

Mission

Medical Research Charities receives funds from workplace giving campaigns for distribution to its member agencies.

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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 $266,734

Program Service Revenue $21,752

Investment Income $0

Other Revenue $0

TOTAL REVENUE $288,486

Expense Breakdown

Grants Paid $244,287

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $296,643

Other Expenses $65,458

TOTAL EXPENSES $309,745

Year-over-Year Comparison

	2024	2023	Change
Revenue	$288,486	$351,241	-0.2%
Expenses	$309,745	$334,184	-0.1%
Net Income	$-21,259	$17,057	-2.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Judi Holley	Treasurer	1	Officer Director	$0	$0	$0
Mary Nokes	Secretary	1	Officer Director	$0	$0	$0
Michael Washburn	President	1	Officer 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
2025	$288,486	$309,745	$379,121	$-21,259
2024	$351,241	$334,184	$421,861	$17,057
2023	$397,089	$345,748	$393,601	$51,341
2022	$452,802	$463,721	$494,218	$-10,919
2021	$591,429	$594,232	$564,696	$-2,803
2020	$723,822	$706,526	$695,149	$17,296
2019	$707,767	$706,654	$679,587	$1,113
2018	$940,891	$1,052,920	$1,099,778	$-112,029

MEDICAL RESEARCH CHARITIES INC