SPINE RESEARCH FOUNDATION (EIN 954815593) - 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

2000

Legal Domicile

Principal Officer

RICK DELAMARTER MD

Phone

3102487389

Tax Period

2024-01-01 to 2024-12-31

Mission

TO DEVELOP TREATMENT FOR SPINAL CORD INJURY AND DISC DISEASE THROUGH RESEARCH AND GENE THERAPY.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $405

Other Expenses $1,169

TOTAL EXPENSES $1,169

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	$100,000	-1.0%
Expenses	$1,169	$128,555	-1.0%
Net Income	N/A	$-28,555	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

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
RICK DELAMARTER MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
GREG VISLOCKEY	DIRECTOR	1.00	Director	$0	$0	$0
BERT MANDELBAUM MD	DIRECTOR	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
2024	No data	$1,169	$837	No data
2023	$100,000	$128,555	$9,904	$-28,555
2022	$155,000	$197,745	$38,459	$-42,745
2021	$155,922	$193,508	$81,204	$-37,586
2020	$265,000	$196,312	$118,807	$68,688
2019	$1,221	$179,589	$50,250	$-178,368
2018	$12,894	$354,057	$235,739	$-341,163
2017	$597	$334,862	$576,902	$-334,265

SPINE RESEARCH FOUNDATION