THE AUDACIA FOUNDATION INC (EIN 271426566) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

EFFIE BATIS

Phone

2124255050

Tax Period

2023-01-01 to 2023-12-31

THE AUDACIA FOUNDATION INC, founded in 2009, is a small nonprofit in the Education sector that reported $142K in total revenue in fiscal year 2023. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 661% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE PROGRAMS AND SERVICES OFFERING EDUCATIONAL AND CAREER SUPPORT TO PERSONS, TYPICALLY AT LEAST 18 YEARS OLD, SEEKING CAREERS IN HEALTH CARE, WITH A GOAL OF HELPING PARTICIPANTS ACHIEVE SUCCESS IN ACADEMIA, CAREER SEARCH AND PROFESSIONAL DEVELOPMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $52,000

Program Service Revenue $89,693

Investment Income $0

Other Revenue $0

TOTAL REVENUE $141,693

Expense Breakdown

Grants Paid $0

Salaries & Benefits $626,560

Fundraising Expenses $0

Program Expenses $649,269

Other Expenses $451,847

TOTAL EXPENSES $1,078,407

Year-over-Year Comparison

	2023	2022	Change
Revenue	$141,693	$2,917,329	-1.0%
Expenses	$1,078,407	$1,908,200	-0.4%
Net Income	$-936,714	$1,009,129	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$420,770

Total Directors

$420,770

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EFFIE BATIS	PRESIDENT AN	31.15	Officer Director	$221,738	$26,734	$248,472
MATTHEW SCHNECK	SECRETARY, T	25.27	Officer Director	$147,494	$24,804	$172,298
MYLES GOMBERT	DIRECTOR	N/A	Director	$0	$0	$0
ROBERT THOMPSON	DIRECTOR	N/A	Director	$0	$0	$0
HEIDI MOUSTAKOS	DIRECTOR	N/A	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	$141,693	$1,078,407	$187,927	$-936,714
2022	$2,917,329	$1,908,200	$1,099,831	$1,009,129
2021	$2,731,070	$2,710,335	$3,193,497	$20,735
2020	$5,560,831	$5,652,997	$6,054,016	$-92,166
2019	$6,831,022	$6,804,140	$4,195,104	$26,882
2018	$1,687,185	$1,741,143	$2,894,562	$-53,958

THE AUDACIA FOUNDATION INC