THE ASSOCIATION OF MULTISITE RESEAR CH CORPORATIONS (AMRC)

EIN: 995074660 Health Care

LAKE MARY, FL

Total Revenue
$406,251
Total Expenses
$352,727
Total Assets
$115,839
Net Assets
$79,342
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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
2024
Legal Domicile
DE
Principal Officer
JAMES KREMIDAS
Phone
4079881197
Tax Period
2025-01-01 to 2025-12-31

THE ASSOCIATION OF MULTISITE RESEAR CH CORPORATIONS (AMRC), founded in 2024, is a small nonprofit in the Health Care sector that reported $406K in total revenue in fiscal year 2025. Expenses of $353K left a modest 13% surplus.

Mission

ABOUT AMRC: THE ASSOCIATION OF MULTISITE RESEARCH CORPORATIONS (AMRC) IS A NON-PROFIT ORGANIZATION DEDICATED TO ADVANCING THE USE OF MULTISITE CLINICAL RESEARCH CORPORATIONS IN THE GLOBAL CLINICAL TRIAL ECOSYSTEM. THROUGH ADVOCACY, COLLABORATION, AND EDUCATION, AMRC AIMS TO TRANSFORM CLINICAL TRIALS TO IMPROVE PATIENT OUTCOMES, DATA QUALITY, AND OPERATIONAL EFFICIENCY. VISIT AMRC.ORG FOR MORE INFORMATION. AMRC FOUNDING MEMBERS: 1. ALCANZA CLINICAL RESEARCH 2. ALLIANCE FOR MULTISPECIALTY RESEARCH (AMR) 3. CENEXEL 4. CENTRICITY RESEARCH 5. DM CLINICAL RESEARCH 6. EVOLUTION RESEARCH GROUP (ERG) 7. FLOURISH 8. JAVARA 9. HELIOS CLINICAL RESEARCH 10. HEADLANDS RESEARCH 11. IMA CLINICAL RESEARCH 12. PARADIGM CLINICAL RESEARCH 13. TEKTON RESEARCH 14. VELOCITY CLINICAL RESEARCH LIST OF PRIMARY ACTIVITIES OF THE NON-PROFIT ORGANIZATION (AMRC): ACTIVITY 1) PRODUCE WEBINARS ABOUT THE IMPACT OF MULTISITE RESEARCH ORGANIZATIONS ON THE DEVELOPMENT OF NEW THERAPIES FOR TREATING DISEASES. THESE ARE DON

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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 (2025)

Revenue Breakdown

Contributions & Grants $406,251
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $406,251

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $352,727
TOTAL EXPENSES $352,727

Year-over-Year Comparison

2025 2024 Change
Revenue $406,251 N/A N/A
Expenses $352,727 N/A N/A
Net Income $53,524 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

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Governance

Voting Members
6
Independent Members
6
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
5
$124,819
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES KREMIDAS EXECUTIVE DI 16.00
Officer
$124,819 $0 $124,819
JENNIFER BYRNE DIRECTOR 1.67
Director
$0 $0 $0
PAUL EVANS VICE CHAIR 10.00
Officer Director
$0 $0 $0
CARLOS ORANTES SECRETARY 10.00
Officer Director
$0 $0 $0
WILLIAM SMITH CHAIR 10.00
Officer Director
$0 $0 $0
E B MCLINDON TREASURER 10.00
Officer
$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 $406,251 $352,727 $115,839 $53,524
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