THE VECNA CARES CHARITABLE TRUST (EIN 263318451) - 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

2009

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

THE VECNA CARES CHARITABLE TRUST, founded in 2009, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $480K in total revenue in fiscal year 2023. Expenses of $636K exceeded revenue, resulting in a 32% operating deficit.

Mission

VECNA CARES CHARITABLE TRUST PROVIDES TRAINING AND TECHNOLOGY TO SUPPORT AND STRENGTHEN HEALTH SYSTEMS IN UNDERSERVED AREAS FOR BETTER HEALTHOUTCOMES. WE BUILD SYSTEMS THAT CLOSE THE INFORMATION GAPS BETWEEN PATIENTS, CAREGIVERS, AND DECISION MAKERS.

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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 $39,288

Program Service Revenue $278,394

Investment Income $0

Other Revenue $162,499

TOTAL REVENUE $480,181

Expense Breakdown

Grants Paid $0

Salaries & Benefits $389,118

Fundraising Expenses $0

Program Expenses $590,316

Other Expenses $246,476

TOTAL EXPENSES $635,594

Year-over-Year Comparison

	2023	2022	Change
Revenue	$480,181	$476,688	+0.0%
Expenses	$635,594	$795,165	-0.2%
Net Income	$-155,413	$-318,477	-0.5%

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

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

$81,340

Total Directors

Key Employees

$84,994

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL AMENDOLA	EXECUTIVE DIRECTOR	40.00	Highest	$127,167	$0	$127,167
MOHIT KULKARNI	SENIOR SOFTWARE ENGINEER	40.00	Key Emp	$84,994	$0	$84,994
PRIYA PONNAPPA	PROGRAM DIRECTOR	40.00	Officer	$81,340	$0	$81,340
MARK HUDSON	TRUSTEE	5.00	Director	$0	$0	$0
DORI DUCHARME	TRUSTEE	5.00	Director	$0	$0	$0
DEBORAH THEOBALD	BOARD CHAIR	5.00	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
2024	No data	No data	No data	No data
2023	$480,181	$635,594	$268,116	$-155,413
2022	$476,688	$795,165	$305,174	$-318,477
2021	$770,329	$1,177,287	$426,702	$-406,958
2020	$1,182,390	$1,974,860	$447,450	$-792,470
2019	$2,825,842	$3,047,344	$708,582	$-221,502
2018	$2,654,274	$2,419,799	$982,527	$234,475

THE VECNA CARES CHARITABLE TRUST