ACQUISTAPACE FOUNDATION INC (EIN 208552835) - 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

Principal Officer

LOUIS ACQUISTAPACE

Phone

5629288933

Tax Period

2023-01-01 to 2023-12-31

ACQUISTAPACE FOUNDATION INC, founded in 2006, is a micro nonprofit in the Education sector that reported $12K in total revenue in fiscal year 2023. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $53K exceeded revenue, resulting in a 338% operating deficit.

Mission

SUPPORTING EDUCATION FOR CHILDREN. HAVE AN ONGOING PROGRAM TO MODERNIZE AND IMPROVE THE SCHOOLS BY PROVIDING THEM WITH COMPUTERS, SOUND EQUIPMENT AND OTHER ACTIVITY AND EDUCATIONAL RELATED EQUIPMENT AND TECHNOLOGY.

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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 $41,215

Program Service Revenue $0

Investment Income $-29,034

Other Revenue $0

TOTAL REVENUE $12,181

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,860

Other Expenses $53,405

TOTAL EXPENSES $53,405

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,181	$53,685	-0.8%
Expenses	$53,405	$34,805	+0.5%
Net Income	$-41,224	$18,880	-3.2%

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

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
LOUIS ACQUISTAPACE	PRESIDENT &	N/A	Officer Director	$0	$0	$0
TIMOTHY ACQUISTAPACE	TREASURER &	N/A	Officer Director	$0	$0	$0
DIANE DIMARCO DAVIS	DIRECTOR	N/A	Director	$0	$0	$0
MARIO GARIBAY	DIRECTOR	N/A	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
2023	$12,181	$53,405	$1,374,081	$-41,224
2022	$53,685	$34,805	$1,415,305	$18,880
2021	$149,997	$41,447	$1,396,425	$108,550
2020	$55,851	$49,255	$1,287,875	$6,596
2019	$15,562	$61,859	$1,281,279	$-46,297
2018	$84,505	$30,801	$1,327,576	$53,704

ACQUISTAPACE FOUNDATION INC