TACONIC INNOVATIONS INC (EIN 223729121) - 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

2000

Legal Domicile

Principal Officer

Dr Mathias Oni-Eseleh

Phone

8452961042

Tax Period

2024-01-01 to 2024-12-31

TACONIC INNOVATIONS INC, founded in 2000, is a mid-sized nonprofit in the Housing & Shelter sector that reported $12.2M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

the organization build a bridge to independence for individuals with developmental disabilities while providing innovative and individualized services and support.

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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 $1,067,645

Program Service Revenue $11,034,534

Investment Income $4,956

Other Revenue $78,448

TOTAL REVENUE $12,185,583

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,369,024

Fundraising Expenses $0

Program Expenses $10,674,737

Other Expenses $2,336,818

TOTAL EXPENSES $12,705,842

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,185,583	$10,641,933	+0.1%
Expenses	$12,705,842	$11,457,033	+0.1%
Net Income	$-520,259	$-815,100	-0.4%

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

287

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

$589,109

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Mathias Oni-Eseleh	Executive Dir.	37.50	Officer	$268,771	$38,002	$306,773
blessing oni-eseleh	associate Dir.	37.50	Officer	$262,836	$19,500	$282,336
dr nanabanyin n ampah	VP of operations	37.50		$154,295	$32,206	$186,501
Mathias Oni-Eseleh Jr	Dir. of Strategy	37.50		$106,316	$5,072	$111,388
Sarah Khan-Prine	Sr. Dir. of Prog.	37.50		$104,839	$5,229	$110,068
jogy sajan	Manager of Fin/ser	37.50		$105,672	$0	$105,672
Mercy Maafio Jeter	Coord. of Fin. SVC	37.50		$100,858	$4,586	$105,444
donna stiner	President	3.00	Officer Director	$0	$0	$0
ellen gantz	Director	1.00	Director	$0	$0	$0
nnenna akoma-ononaji	Secretary	1.00	Officer 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	$12,185,583	$12,705,842	$12,554,708	$-520,259
2023	$10,641,933	$11,457,033	$12,621,311	$-815,100
2022	$12,992,165	$12,660,004	$13,812,018	$332,161
2021	$12,196,980	$10,998,655	$14,026,966	$1,198,325
2020	$11,076,764	$11,377,424	$13,479,939	$-300,660
2019	$12,517,961	$12,051,070	$13,583,954	$466,891
2018	$12,369,892	$11,457,482	$13,504,133	$912,410

TACONIC INNOVATIONS INC