SUMGATE INC (EIN 264317146) - 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

2010

Legal Domicile

Principal Officer

CHRISTINA DECHEN

Phone

4042571257

Tax Period

2022-01-01 to 2022-12-31

SUMGATE INC, founded in 2010, is a small nonprofit in the Human Services sector that reported $192K in total revenue in fiscal year 2022. Revenue fell 42% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $149K, a strong 78% operating margin.

Mission

WE SERVE AN INTERCONNECTED HUMANITY THROUGH LOVE. WE TEACH THAT LIFE IS A JOURNEY OF GRACE THAT OPENS US TO OUR COMPASSIONATE NATURES AS WE AWAKEN AND MATURE OUR LIVES. THROUGH OUR HUMANITY, WE FORWARD THE CREATION OF A NEW WORLD.

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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 (2022)

Revenue Breakdown

Contributions & Grants $187,775

Program Service Revenue $4,040

Investment Income $7

Other Revenue $-86

TOTAL REVENUE $191,736

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,086

Fundraising Expenses $3,773

Program Expenses $10,278

Other Expenses $38,593

TOTAL EXPENSES $42,679

Year-over-Year Comparison

	2022	2021	Change
Revenue	$191,736	$330,679	-0.4%
Expenses	$42,679	$425,586	-0.9%
Net Income	$149,057	$-94,907	-2.6%

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

$2,400

Total Directors

$2,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTINA DECHEN	EXECUTIVE DIRECTOR	7.00	Officer Director	$2,400	$0	$2,400
LAURA HARRINGTON	OPERATIONS	1.00	Officer	$0	$0	$0
REVA VILLA	FINANCE AND OPERATIONS	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
2022	$191,736	$42,679	$83,851	$149,057
2021	$330,679	$425,586	$110,774	$-94,907
2019	$539,273	$531,713	$48,375	$7,560
2018	$498,497	$491,869	$53,520	$6,628

SUMGATE INC