Phemus Corporation (EIN 042997367) - 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

1987

Legal Domicile

Phone

6177206759

Tax Period

2024-07-01 to 2025-06-30

Phemus Corporation, founded in 1987, is a community nonprofit in the Education sector that reported $7.3M in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $7.2M, a strong 99% operating margin.

Mission

Invest funds for the benefit of President & Fellows of Harvard College, a related 501(c (3) supported organization.

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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 $7,261,196

Other Revenue $0

TOTAL REVENUE $7,261,196

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $74,223

Other Expenses $74,223

TOTAL EXPENSES $74,223

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,261,196	$16,699,228	-0.6%
Expenses	$74,223	$685	+107.4%
Net Income	$7,186,973	$16,698,543	-0.6%

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

N/A

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

$13,932,054

Total Directors

$13,932,054

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHRYN I MURTAGH	DIRECTOR & SECRETARY	1.0	Officer Director	$0	$50,611	$2,427,727
NIRMAL P NARVEKAR	DIRECTOR & PRESIDENT	1.0	Officer Director	$0	$169,258	$6,383,808
SANJEEV DAGA	Director & Treasurer	1.0	Officer Director	$0	$152,570	$5,120,519

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	$7,261,196	$74,223	$781,698,469	$7,186,973
2024	No data	No data	No data	No data
2023	$-150,302,637	$3,416,278	$746,010,087	$-153,718,915
2022	$-2,498,630	$2,971,105	$706,660,961	$-5,469,735
2021	$2,564,792	$4,804,671	$816,479,515	$-2,239,879
2020	$252,684,023	$21,859,326	$1,496,630,479	$230,824,697
2019	$40,942,971	$24,752,030	$1,898,773,311	$16,190,941
2018	$158,484,101	$19,255,075	$1,981,073,144	$139,229,026

Phemus Corporation