THE ASSOCIATION OF MULTISITE RESEA… - Form 990 Financial Data

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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

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

TO SERVE AS A DEDICATED ADVOCATE AND INTERFACE BETWEEN MULTISITE CLINICAL RESEARCH CORPORATIONS (MCRCS), SPONSORS, CROS, REGULATORS AND PATIENTS, ENSURING THAT THE UNIQUE ADVANTAGES OF MULTISITE ORGANIZATIONS ARE UNDERSTOOD AND LEVERAGED TO ADVANCE CLINICAL RESEARCH.

Program Service Accomplishments

Program 1

TO SERVE AS A DEDICATED ADVOCATE AND INTERFACE BETWEEN MULTISITE CLINICAL RESEARCH CORPORATIONS (MCRCS), SPONSORS, CROS, REGULATORS AND PATIENTS, ENSURING THAT THE UNIQUE ADVANTAGES OF MULTISITE...

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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 (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

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

$124,819

Total Directors

Key Employees

Highest Compensated

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

THE ASSOCIATION OF MULTISITE RESEAR CH CORPORATIONS (AMRC)