De Novo Group (EIN 263544198) - 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

Yahel Ben-David

Phone

5105456717

Tax Period

2020-07-01 to 2021-06-30

De Novo Group, founded in 2008, is a small nonprofit in the Public & Societal Benefit sector that reported $609K in total revenue in fiscal year 2020. Revenue fell 61% from the prior year — a significant decline worth monitoring.

Mission

De Novo Group bridges the gap between research and impact by turning novel university research into applicable technological solutions to improve the quality of life in rural and developing communities worldwide.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $464,223

Investment Income $144,667

Other Revenue $0

TOTAL REVENUE $608,890

Expense Breakdown

Grants Paid $0

Salaries & Benefits $319,071

Fundraising Expenses $0

Program Expenses $539,045

Other Expenses $303,474

TOTAL EXPENSES $622,545

Year-over-Year Comparison

	2020	2019	Change
Revenue	$608,890	$1,549,360	-0.6%
Expenses	$622,545	$1,461,781	-0.6%
Net Income	$-13,655	$87,579	-1.2%

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

$493,687

Total Directors

$247,315

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Yahel Ben-David	President & ED	36.70	Officer Director	$226,875	$20,440	$247,315
Tamir Scheinok	COO/CFO	36.70	Officer	$226,875	$19,497	$246,372
Eric Brewer	Board Member	1.00	Director	$0	$0	$0
AnnaLee Saxenian	Board Member	1.00	Director	$0	$0	$0
Dr Rabin Patra	Secretary	1.00	Officer	$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	$608,890	$622,545	$656,562	$-13,655
2020	$1,549,360	$1,461,781	$720,990	$87,579
2019	$1,250,827	$909,295	$665,800	$341,532

De Novo Group