7X24 EXCHANGE INC (EIN 223075802) - 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

1990

Legal Domicile

Principal Officer

ROBERT J CASSILIANO

Phone

6464863818

Tax Period

2024-01-01 to 2024-12-31

7X24 EXCHANGE INC, founded in 1990, is a community nonprofit that reported $8.0M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 20% operating margin.

Mission

TO BE THE LEADING KNOWLEDGE EXCHANGE FOR THOSE WHO DESIGN, BUILD, MAINTAIN & USE MISSION-CRITICAL ENTERPRISE INFORMATION INFRASTRUCTURES.

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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 $7,447,835

Investment Income $119,244

Other Revenue $413,852

TOTAL REVENUE $7,980,931

Expense Breakdown

Grants Paid $37,700

Salaries & Benefits $400,000

Fundraising Expenses $0

Other Expenses $5,958,246

TOTAL EXPENSES $6,395,946

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,980,931	$5,970,880	+0.3%
Expenses	$6,395,946	$5,542,303	+0.2%
Net Income	$1,584,985	$428,577	+2.7%

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

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

$400,000

Total Directors

$400,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT J CASSILIANO	CHAIRMAN & CEO	3.00	Officer Director	$400,000	$0	$400,000
CYRUS IZZO PE	PRESIDENT	3.00	Officer Director	$0	$0	$0
JULI IERULLI	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
MICHAEL SITEMAN	DIRECTOR	3.00	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	$7,980,931	$6,395,946	$6,059,203	$1,584,985
2023	$5,970,880	$5,542,303	$3,815,652	$428,577
2022	$5,145,192	$4,958,016	$3,446,902	$187,176
2021	$4,084,200	$3,348,296	$3,533,540	$735,904
2020	$372,118	$1,107,408	$2,905,505	$-735,290
2019	$4,291,472	$4,027,844	$3,124,612	$263,628
2018	$3,754,660	$3,694,320	$2,826,693	$60,340

7X24 EXCHANGE INC