THE SETMA FOUNDATION INC (EIN 261476476) - 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

2008

Legal Domicile

Principal Officer

JAMES L HOLLY MD

Phone

4096546834

Tax Period

2018-01-01 to 2018-12-31

THE SETMA FOUNDATION INC, founded in 2008, is a micro nonprofit that reported $1K in total revenue in fiscal year 2018. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $702K exceeded revenue, resulting in a 55659% operating deficit.

Mission

TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATION PURPOSES TO PROVIDE AND SUPPORT DIABETES EDUCATION, AWARENESS AND PREVENTION, AND TO PROVIDE SUPPORT FOR PERSONS WHO CANNOT AFFORD NEEDED MEDICATIONS, AND TO PROVIDE FINANCIAL SUPPORT FOR THE EDUCATION AND TRAINING OF PERSONS IN HEALTH AND MEDICAL CAREER FIELDS, ALL WITHIN THE PARAMETERS OF INTERNAL REVENUE CODE SECTION 501 (C) (3).

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,259

Other Revenue $0

TOTAL REVENUE $1,259

Expense Breakdown

Grants Paid $693,210

Salaries & Benefits $5,694

Fundraising Expenses $0

Program Expenses $693,210

Other Expenses $3,100

TOTAL EXPENSES $702,004

Year-over-Year Comparison

	2018	2017	Change
Revenue	$1,259	$21,792	-0.9%
Expenses	$702,004	$48,935	+13.3%
Net Income	$-700,745	$-27,143	+24.8%

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

$5,694

Total Directors

$5,694

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES L HOLLY MD	PRESIDENT	1.00	Officer Director	$5,694	$0	$5,694
SYED I ANWAR MD	TRUSTEE	0.00	Director	$0	$0	$0
MOHAMMAD AZIZ MD	TRUSTEE	1.00	Director	$0	$0	$0
BOBBIE COLBERT MD	SECRETARY	0.00	Officer Director	$0	$0	$0
DEAN HALBERT MD	TRUSTEE	0.00	Director	$0	$0	$0
VINCENT MURPHY MD	TRUSTEE	0.00	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
2018	$1,259	$702,004	No data	$-700,745

THE SETMA FOUNDATION INC