ALTSOL USA (EIN 272815559) - 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

Tax Period

2023-01-01 to 2023-12-31

ALTSOL USA, founded in 2010, is a micro nonprofit that reported $31K in total revenue in fiscal year 2023. Revenue fell 87% from the prior year — a significant decline worth monitoring.

Mission

ALTSOL USAs mission is to provide Americas funeral homes, crematories and cemeteries an ethical, legal, environmental and humane solution for recycling medical inplants, dental prosthetics and other metals recovered after the cremation process.

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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 $0

Program Service Revenue $31,010

Investment Income $0

Other Revenue $0

TOTAL REVENUE $31,010

Expense Breakdown

Grants Paid $24,711

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,394

Other Expenses $6,683

TOTAL EXPENSES $31,394

Year-over-Year Comparison

	2023	2022	Change
Revenue	$31,010	$230,529	-0.9%
Expenses	$31,394	$246,992	-0.9%
Net Income	$-384	$-16,463	-1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dawn Hopkinson	Director	2.00	Director	$0	$0	$0
Jeff Gibson	Director	2.00	Director	$0	$0	$0
Randy McClusky	Director	2.00	Director	$0	$0	$0
Staci Jenkins	Director	2.00	Director	$0	$0	$0
Fay Suleiman	Secretary CFO	2.00	Director	$0	$0	$0
Norman Briggs	Director	2.00	Director	$0	$0	$0
Matthew Need	Director	2.00	Director	$0	$0	$0
Ray Saadeh	President	45.00	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
2023	$31,010	$31,394	No data	$-384
2022	$230,529	$246,992	$384	$-16,463
2018	$394,648	$371,303	$53,523	$23,345

ALTSOL USA