AMERICAN FOREIGN ACADEMIC RESEARCH INC (EIN 208886728) - 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

2007

Legal Domicile

Principal Officer

CARL GALLELA

Phone

7047076356

Tax Period

2024-01-01 to 2024-12-31

AMERICAN FOREIGN ACADEMIC RESEARCH INC, founded in 2007, is a small nonprofit in the Education sector that reported $600K in total revenue in fiscal year 2024. Revenue surged 87% from the prior year, signaling strong growth momentum.

Mission

THIS ORGANIZATION PROVIDES EDUCATION ON ARCHEOLOGICAL MATTERS TO SCHOOL-AGE CHILDREN. THE PRIMARY METHOD OF EDUCATION IS TRIPS TO VARIOUS JURISDICTIONS TO PARTICIPATE IN ARCHEOLOGICAL DIGS AND CLASSROOM DISCUSSIONS.

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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 $178,100

Program Service Revenue $397,651

Investment Income $0

Other Revenue $24,009

TOTAL REVENUE $599,760

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $505,618

Other Expenses $605,062

TOTAL EXPENSES $605,062

Year-over-Year Comparison

	2024	2023	Change
Revenue	$599,760	$320,914	+0.9%
Expenses	$605,062	$379,687	+0.6%
Net Income	$-5,302	$-58,773	-0.9%

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
CARL GALLELA	PRESIDENT	N/A	Officer Director	$0	$0	$0
RICHARD GORDON	BOARD MEMBER	N/A	Director	$0	$0	$0
ERIN HENNEGER	BOARD MEMBER	N/A	Director	$0	$0	$0
MATT MCKENNA	BOARD MEMBER	N/A	Director	$0	$0	$0
DREW LUKACS	BOARD MEMBER	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	$599,760	$605,062	$56,958	$-5,302
2023	$320,914	$379,687	$55,133	$-58,773
2022	$343,425	$273,252	$116,285	$70,173
2019	$303,802	$296,528	$80,585	$7,274
2018	$230,883	$274,979	$74,213	$-44,096

AMERICAN FOREIGN ACADEMIC RESEARCH INC