ITRACE FOUNDATION INC (EIN 263889327) - 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

Principal Officer

MICHELE SLANE

Phone

8547278191

Tax Period

2018-01-01 to 2018-12-31

ITRACE FOUNDATION INC, founded in 2009, is a small nonprofit that reported $124K in total revenue in fiscal year 2018. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $184K exceeded revenue, resulting in a 49% operating deficit.

Mission

PROMOTE HEALTHY LIVING THROUGH STUDY AND RESEARCH OF HEALTHCARE SERVICES

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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 $28,541

Program Service Revenue $101,226

Investment Income $-6,029

Other Revenue $0

TOTAL REVENUE $123,738

Expense Breakdown

Grants Paid $0

Salaries & Benefits $115,124

Fundraising Expenses $18,922

Program Expenses $100,160

Other Expenses $69,153

TOTAL EXPENSES $184,277

Year-over-Year Comparison

	2018	2017	Change
Revenue	$123,738	$202,347	-0.4%
Expenses	$184,277	$233,717	-0.2%
Net Income	$-60,539	$-31,370	+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

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

$34,722

Total Directors

$18,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELE SLANE	PRES/DIRECTOR	5.00	Officer Director	$3,000	$0	$3,000
JAY PEREZ	VICE PRES/DIRECTOR	5.00	Officer Director	$3,000	$0	$3,000
ERIC EDWARDS	TREASURER/DIRECTOR	5.00	Officer Director	$3,000	$0	$3,000
DAVID EDDY	SECRETARY/DIRECTOR	5.00	Officer Director	$3,000	$0	$3,000
JORDAN KIRBY	DIRECTOR	5.00	Director	$3,000	$0	$3,000
MICHELE RAYA	DIRECTOR	5.00	Director	$3,000	$0	$3,000
TRANG GONZALEZ	EXECUTIVE DIRECTOR	35.00	Officer	$22,722	$0	$22,722

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	$123,738	$184,277	No data	$-60,539

ITRACE FOUNDATION INC