BETA STATE FOUNDATION INC (EIN 232227223) - 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

1982

Legal Domicile

Principal Officer

BARRY R EISMAN

Tax Period

2023-10-01 to 2024-09-30

BETA STATE FOUNDATION INC, founded in 1982, is a micro nonprofit in the Education sector that reported $39 in total revenue in fiscal year 2023. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $1K exceeded revenue, resulting in a 3015% operating deficit.

Mission

CONTRIBUTIONS ARE MADE TO PENNSYLVANIA STATE UNIVERSITY FOR THE PURPOSE OF GRANTING SCHOLARSHIPS AND OTHER ASSISTANCE TO DESERVING STUDENTS ATTENDING PENNSYLVANIA STATE UNIVERSITY

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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 $0

Program Service Revenue $0

Investment Income $39

Other Revenue $0

TOTAL REVENUE $39

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,215

TOTAL EXPENSES $1,215

Year-over-Year Comparison

	2023	2022	Change
Revenue	$39	$108	-0.6%
Expenses	$1,215	$15	+80.0%
Net Income	$-1,176	$93	-13.6%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
BARRY R EISMAN	Treasurer	Officer Director	$0	$0	$0
ROBERT EISMAN	President	Officer Director	$0	$0	$0
RON GORODESKY	BOARD MEMBER	Director	$0	$0	$0
JOHN WILK	BOARD MEMBER	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	$39	$1,215	$757,636	$-1,176
2023	$108	$15	$758,812	$93
2022	$268	$1,815	$758,719	$-1,547
2021	$108	$1,819	$760,266	$-1,711
2020	$981	$4,439	$761,977	$-3,458
2019	$90	$7,228	$765,435	$-7,138
2018	$994	$1,960	$772,573	$-966

BETA STATE FOUNDATION INC