ADVANTAGE TESTING FOUNDATION

EIN: 208379593 501(c)(3) Education

NEW YORK, NY

Total Revenue
$672,656
Total Expenses
$789,262
Total Assets
$14,850,597
Net Assets
$14,806,665
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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
2007
Legal Domicile
NY
Principal Officer
ARUN ALAGAPPAN
Phone
2127448800
Tax Period
2022-07-01 to 2023-06-30

ADVANTAGE TESTING FOUNDATION, founded in 2007, is a small nonprofit in the Education sector that reported $673K in total revenue in fiscal year 2022. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $789K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE ADVANTAGE TESTING FOUNDATION WAS ESTABLISHED: 1) TO HELP UNDERREPRESENTED STUDENTS PURSUE THEIR ACADEMIC AND PROFESSIONAL AMBITIONS THROUGH INNOVATIVE PROGRAMS AND PARTNERSHIPS, ESPECIALLY WITH LEADING UNIVERSITIES, AND 2) TO PROMOTE NEW WAYS OF THINKING ABOUT ACCESS TO 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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $575,461
Program Service Revenue $0
Investment Income $97,195
Other Revenue $0
TOTAL REVENUE $672,656

Expense Breakdown

Grants Paid $257,112
Salaries & Benefits $258,855
Fundraising Expenses $0
Program Expenses $745,935
Other Expenses $273,295
TOTAL EXPENSES $789,262

Year-over-Year Comparison

2022 2021 Change
Revenue $672,656 $14,625,685 -1.0%
Expenses $789,262 $499,335 +0.6%
Net Income $-116,606 $14,126,350 -1.0%
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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Governance

Voting Members
11
Independent Members
11
Employees
6
Volunteers
81

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
6
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARUN ALAGAPPAN PRESIDENT 20.00
Officer Director
$0 $0 $0
JOHN MANNING VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARTHA MINOW VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN SEXTON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SHIRLEY TILGHMAN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
J TOMLINSON HILL TREASURER 1.00
Officer Director
$0 $0 $0
LAUREN FRANK TRUSTEE 1.00
Director
$0 $0 $0
BK FULTON TRUSTEE 1.00
Director
$0 $0 $0
SANDOR LEHOCZKY TRUSTEE 1.00
Director
$0 $0 $0
BETH NASH TRUSTEE 1.00
Director
$0 $0 $0
JACQUELYN E STONE TRUSTEE 1.00
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
2024 No data No data No data No data
2024 No data No data No data No data
2023 $672,656 $789,262 $14,850,597 $-116,606
2022 $14,625,685 $499,335 $14,526,745 $14,126,350
2021 $400,722 $335,458 $418,336 $65,264
2020 $105,842 $638,647 $367,114 $-532,805
2019 $332,369 $673,596 $848,632 $-341,227
2018 $168,496 $689,274 $1,176,099 $-520,778
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