JAY N SCHAPIRA MD MEDICAL RESEARCH FOUNDATION INC (EIN 954043560) - 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

1985

Legal Domicile

Principal Officer

JAY N SCHAPIRA

Phone

3106592030

Tax Period

2023-12-01 to 2024-11-30

JAY N SCHAPIRA MD MEDICAL RESEARCH FOUNDATION INC, founded in 1985, is a small nonprofit that reported $377K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $518K exceeded revenue, resulting in a 37% operating deficit.

Mission

RESEARCH IN CARDIAC DISEASE IN ORDER TO UNDERSTAND THE CAUSE AND DEVELOP TREATMENT STRATEGIES IN

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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 (2023)

Revenue Breakdown

Contributions & Grants $30,880

Program Service Revenue $0

Investment Income $345,918

Other Revenue $0

TOTAL REVENUE $376,798

Expense Breakdown

Grants Paid $0

Salaries & Benefits $456,890

Fundraising Expenses $0

Program Expenses $458,079

Other Expenses $60,680

TOTAL EXPENSES $517,570

Year-over-Year Comparison

	2023	2022	Change
Revenue	$376,798	$321,538	+0.2%
Expenses	$517,570	$514,090	+0.0%
Net Income	$-140,772	$-192,552	-0.3%

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

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

$822,000

Total Directors

$822,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAY N SCHAPRIA MD	PRESIDENT/DIRECTOR	15.00	Officer Director	$222,000	$0	$822,000
PHYLLIS SCHAPIRA	SECRETARY/DIRECTOR	0.30	Officer Director	$0	$0	$0
ROBERT KASS MD	DIRECTOR	0.30	Director	$0	$0	$0
RONALD FISK MD	DIRECTOR	0.30	Director	$0	$0	$0
BERNARD BUBMAN	DIRECTOR	0.30	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	$376,798	$517,570	$312,014	$-140,772
2023	$321,538	$514,090	$466,771	$-192,552
2022	$70,397	$495,102	$654,323	$-424,705
2021	$389,431	$434,990	$1,113,462	$-45,559
2020	$119,123	$404,633	$718,786	$-285,510
2019	$114,721	$414,430	$913,963	$-299,709
2018	$187,555	$422,071	$1,214,885	$-234,516

JAY N SCHAPIRA MD MEDICAL RESEARCH FOUNDATION INC