PROGENY FOUNDATION INC (EIN 262837637) - 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

2013

Legal Domicile

Principal Officer

DAVID DERAM

Phone

3175020452

Tax Period

2021-01-01 to 2021-12-31

PROGENY FOUNDATION INC, founded in 2013, is a community nonprofit in the Youth Development sector that reported $8.5M in total revenue in fiscal year 2021. The organization ran a surplus of $8.5M, a strong 100% operating margin.

Mission

TO PROVIDE HIGH QUALITY EDUCATIONAL AND DEVELOPMENT OPPORTUNITIES TO MIDDLE SCHOOL AND HIGH SHOOL STUDENTS THROUGH MENTORING, PHYSICAL AND NUTRITION TRAINING, AND SPORTS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $8,497,466

Program Service Revenue $0

Investment Income $1,045

Other Revenue $0

TOTAL REVENUE $8,498,511

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,994

Other Expenses $31,279

TOTAL EXPENSES $31,279

Year-over-Year Comparison

	2021	2020	Change
Revenue	$8,498,511	N/A	N/A
Expenses	$31,279	N/A	N/A
Net Income	$8,467,232	N/A	N/A

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
BROOKE DERAM	SECRETARY	N/A	Officer Director	$0	$0	$0
DAVID DERAM	VICE CHAIR,	N/A	Officer Director	$0	$0	$0
JAY HENDERSON	BOARD MEMBER	N/A	Director	$0	$0	$0
VICKI PERRY	CHAIRPERSON	N/A	Officer Director	$0	$0	$0
JASON ZOCH	TREASURER	N/A	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
2021	$8,498,511	$31,279	$8,787,182	$8,467,232

PROGENY FOUNDATION INC