INTERNATIONAL MYELOMA FOUNDATION

EIN: 954296919 501(c)(3) Unknown

STUDIO CITY, CA

Total Revenue
$18,983,815
Total Expenses
$20,796,076
Total Assets
$16,882,003
Net Assets
$10,252,100
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
CA
Principal Officer
DIANE MORAN
Phone
8184877455
Tax Period
2023-10-01 to 2024-09-30

INTERNATIONAL MYELOMA FOUNDATION, founded in 1990, is a mid-sized nonprofit in the Unknown sector that reported $19.0M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

DEDICATED TO IMPROVING THE QUALITY OF LIFE OF MYELOMA PATIENTS WHILE WORKING TOWARD PREVENTION AND A CURE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $18,582,456
Program Service Revenue $18,667
Investment Income $382,692
Other Revenue $0
TOTAL REVENUE $18,983,815

Expense Breakdown

Grants Paid $228,667
Salaries & Benefits $8,427,567
Fundraising Expenses $1,385,727
Program Expenses $18,419,053
Other Expenses $12,139,842
TOTAL EXPENSES $20,796,076

Year-over-Year Comparison

2023 2022 Change
Revenue $18,983,815 $16,745,686 +0.1%
Expenses $20,796,076 $18,411,117 +0.1%
Net Income $-1,812,261 $-1,665,431 +0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
57
Volunteers
14

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
2
$776,059
Total Directors
16
$450,698
Key Employees
2
$469,593
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YELAK BIRU CEO, PRESIDENT, DIRECTOR 40.00
Officer Director
$430,000 $20,698 $450,698
CHRISTINE BATTISTINI DIRECTOR 1.00
Director
$0 $0 $0
LORAINE BOYLE DIRECTOR 1.00
Director
$0 $0 $0
MARTINE ELIAS DIRECTOR 1.00
Director
$0 $0 $0
GEORGE T HAYUM DIRECTOR 1.00
Director
$0 $0 $0
JASON KATZ DIRECTOR 1.00
Director
$0 $0 $0
BENSON KLEIN DIRECTOR 1.00
Director
$0 $0 $0
ANDREW KUZNESKI III DIRECTOR 1.00
Director
$0 $0 $0
DR HEINZ LUDWIG DIRECTOR 1.00
Director
$0 $0 $0
CHARLES NEWMAN DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
DR VINCENT RAJKUMAR CHAIRMAN 40.00
Director
$0 $0 $0
E MICHAEL SCOTT DIRECTOR 1.00
Director
$0 $0 $0
SANJAY SINGH DIRECTOR 1.00
Director
$0 $0 $0
JOHN O'DWYER DIRECTOR 1.00
Director
$0 $0 $0
POORNIMA PARAMESWARAN DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER SCARNE CHIEF FINANCIAL OFFICER 40.00
Officer
$303,088 $22,273 $325,361
PETER ANTON VICE PRESIDENT, MARKETING 40.00
Key Emp
$225,894 $31,563 $257,457
ROBIN TUOHY VICE PRESIDENT, PATIENT SUPPORT 40.00
Key Emp
$179,562 $32,574 $212,136
SUSAN DURIE DIRECTOR OF GLOBAL PATIENT EMPOWERMENT-FORMER DIR 40.00
Highest
$362,646 $27,940 $390,586
DR BRIAN DURIE CHIEF SCIENTIFIC OFFICER-FORMER DIR 40.00
Highest
$430,000 $3,096 $433,096
DIANE MORAN SENIOR VICE PRESIDENT - BUSINESS RELATIONSHIP MANA 40.00
Highest
$432,784 $15,830 $448,614
LISA PAIK EXECUTIVE VICE PRESIDENT - RESEARCH & OPERATIONS 40.00
Highest
$275,225 $26,338 $301,563
JOSEPH MIKHAEL CHIEF MEDICAL OFFICER 40.00
Highest
$459,562 $18,845 $478,407
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 No data No data No data No data
2024 $18,983,815 $20,796,076 $16,882,003 $-1,812,261
2023 $16,745,686 $18,411,117 $18,245,423 $-1,665,431
2022 $18,062,675 $16,819,032 $18,463,467 $1,243,643
2021 $17,434,390 $14,439,887 $20,383,236 $2,994,503
2020 $14,864,659 $14,722,445 $17,342,878 $142,214
2020 $14,864,659 $14,507,444 $17,557,878 $357,215
2019 $20,025,618 $19,330,926 $18,014,619 $694,692
2018 $16,804,022 $16,883,907 $16,649,778 $-79,885
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