PATKAI FOUNDATION INC (EIN 237072701) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

David Thacker

Phone

5404567111

Tax Period

2023-08-01 to 2024-07-31

PATKAI FOUNDATION INC, founded in 1970, is a micro nonprofit in the Education sector that reported $41K in total revenue in fiscal year 2019. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $39K left a modest 5% surplus.

Mission

Patkai Foundation provides the people of Indo-Burma with opportunities for Christian education at Patkai College and Patkai Academy, as well as tuition assistance for graduate students in the United States.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $26,515

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $26,515

Expense Breakdown

Grants Paid $72,802

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $72,802

Other Expenses $4,934

TOTAL EXPENSES $77,736

Year-over-Year Comparison

	2023	2022	Change
Revenue	$26,515	$37,009	-0.3%
Expenses	$77,736	$4,933	+14.8%
Net Income	$-51,221	$32,076	-2.6%

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

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 Gordon	Board member	0	Director	$0	$0	$0
Oliver Asher	Board Chairman	0	Director	$0	$0	$0
David F Thacker	Board member and Treasurer	0.5	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	$26,515	$77,736	$279,438	$-51,221
2023	$37,009	$4,933	$327,944	$32,076
2022	$31,584	$35,036	$595,013	$-3,452
2021	$36,818	$35,303	$598,292	$1,515
2020	$41,218	$39,165	$607,972	$2,053

PATKAI FOUNDATION INC