KALI'S CURE FOR PARALYSIS FOUNDATION INC (EIN 262473236) - 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

KALI A PUNG

Phone

9894633940

Tax Period

2023-01-01 to 2023-12-31

KALI'S CURE FOR PARALYSIS FOUNDATION INC, founded in 2008, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $316K in total revenue in fiscal year 2023. Revenue surged 89% from the prior year, signaling strong growth momentum. Net assets of $892K represent 34 months of operating reserves.

Mission

TO PROVIDE FUNDING TO HOSPITALS AND REHABILITATION FACILITIES TREATING PATIENTS SUFFERING SPINAL CORD INJURIES. ALSO, TO PROVIDE FUNDING FOR RESEARCH AND RESEARCH FACILITIES STUDYING AND SPECIALIZING IN PROGRAMS LEADING TO TREATMENT OF INJURIES AND DISEASE OF THE SPINAL CORD RESULTING IN PARALYSIS.

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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 $306,163

Program Service Revenue $0

Investment Income $16,798

Other Revenue $-6,812

TOTAL REVENUE $316,149

Expense Breakdown

Grants Paid $305,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $305,000

Other Expenses $3,255

TOTAL EXPENSES $308,255

Year-over-Year Comparison

	2023	2022	Change
Revenue	$316,149	$167,530	+0.9%
Expenses	$308,255	$102,608	+2.0%
Net Income	$7,894	$64,922	-0.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY ANN BECKER	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL W PUNG JR	PRESIDENT/TR	1.00	Officer Director	$0	$0	$0
L DOUGLAS LIPPERT	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MORGAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MUMFORD	DIRECTOR	1.00	Director	$0	$0	$0
JAMES O'NEAL	DIRECTOR	1.00	Director	$0	$0	$0
KALI A PUNG	SECRETARY	1.00	Officer Director	$0	$0	$0
W SIDNEY SMITH	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$316,149	$308,255	$892,447	$7,894
2022	$167,530	$102,608	$884,553	$64,922
2021	$80,635	$102,711	$819,631	$-22,076
2020	$117,995	$104,249	$841,707	$13,746
2019	$249,089	$154,640	$827,961	$94,449
2018	$275,314	$269,179	$733,512	$6,135

KALI'S CURE FOR PARALYSIS FOUNDATION INC