ALMEIDA FOUNDATION INC (EIN 201160481) - 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

2015

Legal Domicile

Principal Officer

MICHAEL T BOLONG

Phone

5625776299

Tax Period

2024-04-01 to 2025-03-31

ALMEIDA FOUNDATION INC, founded in 2015, is a micro nonprofit in the Human Services sector that reported $28K in total revenue in fiscal year 2024. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $32K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO FACILITATE AN EDUCATIONAL, HEALTH CARE AND LIVELIHOOD PROGRAM FOR THE UNDER-PRIVILEGED AND YOUTH, IN THE COMMUNITY AND ABROAD.

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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 $28,326

Other Revenue $0

TOTAL REVENUE $28,326

Expense Breakdown

Grants Paid $12,786

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,896

Other Expenses $19,110

TOTAL EXPENSES $31,896

Year-over-Year Comparison

	2024	2023	Change
Revenue	$28,326	$166,087	-0.8%
Expenses	$31,896	$155,436	-0.8%
Net Income	$-3,570	$10,651	-1.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL T BOLONG	CHAIRMAN	12.00	Director	$0	$0	$0
MICHAEL C BOLONG JR	MEMBER	4.00	Director	$0	$0	$0
TERESITA FRIAS	MEMBER	4.00	Director	$0	$0	$0
THELMA TEVES	MEMBER	4.00	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
2025	$28,326	$31,896	$1,521,762	$-3,570
2024	$166,087	$155,436	$852,838	$10,651
2023	$5,980	$44,452	$1,125,073	$-38,472
2022	$15,313	$40,243	$1,140,385	$-24,930
2021	$4,920	$23,917	$836,330	$-18,997
2020	$4,620	$38,306	$506,336	$-33,686
2018	$128,996	$35,801	$523,376	$93,195

ALMEIDA FOUNDATION INC