HEALTH & MEDICAL RESEARCH CHARITIES OF AMERICA (EIN 943217739) - 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

1995

Legal Domicile

Principal Officer

STEPHEN PATTERSON

Phone

4159252659

Tax Period

2024-05-01 to 2025-04-30

HEALTH & MEDICAL RESEARCH CHARITIES OF AMERICA, founded in 1995, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.7M in total revenue in fiscal year 2024.

Mission

HMR WORKS TO SAVE LIVES AND IMPROVE WELLNESS BY CONNECTING GENEROUS DONORS WITH CAUSE RELATED ORGANIZATIONS.

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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 $1,657,650

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,657,650

Expense Breakdown

Grants Paid $1,254,211

Salaries & Benefits $0

Fundraising Expenses $44,745

Program Expenses $1,557,363

Other Expenses $376,305

TOTAL EXPENSES $1,630,516

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,657,650	$1,736,532	0.0%
Expenses	$1,630,516	$1,736,532	-0.1%
Net Income	$27,134	N/A	N/A

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

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
THOMAS TEASLEY	Board President	1.00	Officer Director	$0	$0	$0
STEPHEN PATTERSON	Board Treasurer	1.00	Officer Director	$0	$0	$0
DAVID ABRAMS	Board Secretary	1.00	Officer Director	$0	$0	$0
MICHAEL ABRAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
CINDY SCHNEIBLE	BOARD MEMBER	1.00	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	$1,657,650	$1,630,516	$1,684,784	$27,134
2024	$1,736,532	$1,736,532	$1,759,342	No data
2023	$1,931,237	$1,931,237	$1,944,682	No data
2022	$2,114,305	$2,114,305	$2,121,512	No data
2021	$1,978,105	$1,978,105	$2,002,562	No data
2020	$2,578,164	$2,578,164	$2,582,042	No data
2019	$2,270,612	$2,270,612	$2,270,612	No data

HEALTH & MEDICAL RESEARCH CHARITIES OF AMERICA