Kuali Foundation Inc (EIN 205118023) - 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

2006

Legal Domicile

Phone

8128560562

Tax Period

2023-07-01 to 2023-10-10

Kuali Foundation Inc, founded in 2006, is a small nonprofit that reported $618K in total revenue in fiscal year 2023. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $953K exceeded revenue, resulting in a 54% operating deficit.

Mission

TO SERVE AS A PROPONENT FOR COLLABORATION AND DEVELOPMENT OF OPEN SOURCE SOFTWARE FOR HIGHER EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $617,393

Investment Income $409

Other Revenue $0

TOTAL REVENUE $617,802

Expense Breakdown

Grants Paid $247,298

Salaries & Benefits $77,027

Fundraising Expenses $0

Program Expenses $907,165

Other Expenses $628,711

TOTAL EXPENSES $953,036

Year-over-Year Comparison

	2023	2022	Change
Revenue	$617,802	$1,699,449	-0.6%
Expenses	$953,036	$2,132,271	-0.6%
Net Income	$-335,234	$-432,822	-0.2%

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

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

$129,550

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TREASURER	4.0	Officer Director	$0	$0	$0
N/A	CHAIR	6.0	Officer Director	$0	$0	$0
N/A	VICE CHAIR	4.0	Officer Director	$0	$0	$0
N/A	BOARD MEMBER	2.0	Director	$0	$0	$0
N/A	BOARD MEMBER	2.0	Director	$0	$0	$0
N/A	MANAGING DIRECTOR	32.0	Officer	$110,305	$19,245	$129,550

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
2023	$1,699,449	$2,132,271	$555,276	$-432,822
2023	$617,802	$953,036	No data	$-335,234
2022	$2,155,792	$4,117,415	$776,912	$-1,961,623
2021	$4,499,882	$4,758,344	$3,569,859	$-258,462

Kuali Foundation Inc