INSIGHT FOUNDATION INC (EIN 043332111) - 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

1996

Legal Domicile

Principal Officer

RICHARD HENNING

Phone

9783552347

Tax Period

2024-01-01 to 2024-12-31

INSIGHT FOUNDATION INC, founded in 1996, is a micro nonprofit in the Religion sector that reported $29K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $45K exceeded revenue, resulting in a 55% operating deficit.

Mission

THE ORGANIZATION SUPPORTS THE MISSION AND ACTIVITIES OF THE INSIGHT MEDITATION SOCIETY AND THE BARRE CENTER FOR BUDDHIST STUDIES.

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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 $29,095

Other Revenue $0

TOTAL REVENUE $29,095

Expense Breakdown

Grants Paid $43,600

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $43,600

Other Expenses $1,500

TOTAL EXPENSES $45,100

Year-over-Year Comparison

	2024	2023	Change
Revenue	$29,095	$26,835	+0.1%
Expenses	$45,100	$43,860	+0.0%
Net Income	$-16,005	$-17,025	-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

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

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

$118,879

Total Directors

$318,002

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
INGER FORLAND	DIRECTOR	1.00	Director	$0	$19,403	$199,123
RICHARD HENNING	TREASURER	1.00	Officer Director	$0	$10,575	$118,879
SHARON SALZBERG	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT AGOGLIA	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH GOLDSTEIN	PRESIDENT AND CEO	1.00	Officer Director	$0	$0	$0
SHARI NAISMITH	FINANCE DIRECTOR	0.00	Highest	$0	$3,054	$104,834

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	$29,095	$45,100	$1,193,501	$-16,005
2023	$26,835	$43,860	$1,091,636	$-17,025
2022	$20,884	$1,500	$972,880	$19,384
2021	$25,211	$350,000	$1,162,877	$-324,789
2020	$24,792	$37,000	$1,390,095	$-12,208
2019	$30,216	$51,612	$1,318,956	$-21,396
2018	$28,351	$57,500	$1,133,640	$-29,149

INSIGHT FOUNDATION INC