ADAGIO INSTITUTE INC (EIN 300636501) - 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

2017

Legal Domicile

Principal Officer

BENJAMIN D SUMMERS

Phone

7137751011

Tax Period

2023-01-01 to 2023-12-31

ADAGIO INSTITUTE INC, founded in 2017, is a small nonprofit in the Education sector that reported $312K in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $846K exceeded revenue, resulting in a 172% operating deficit.

Mission

Promoting financial education.

🔒

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 $0

Program Service Revenue $298,567

Investment Income $12,990

Other Revenue $0

TOTAL REVENUE $311,557

Expense Breakdown

Grants Paid $0

Salaries & Benefits $66,446

Fundraising Expenses $0

Program Expenses $748,055

Other Expenses $779,492

TOTAL EXPENSES $845,938

Year-over-Year Comparison

	2023	2022	Change
Revenue	$311,557	$772,344	-0.6%
Expenses	$845,938	$1,009,842	-0.2%
Net Income	$-534,381	$-237,498	+1.3%

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

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

$66,464

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Benjamin D	Summers	N/A	Director	$66,464	$0	$66,464
Arne M	Ray	N/A	Director	$0	$0	$0
Joseph	Maiullo	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	$311,557	$845,938	$645,118	$-534,381
2022	$772,344	$1,009,842	$1,188,856	$-237,498
2021	$1,832,614	$675,746	$1,402,212	$1,156,868
2020	$303,165	$140,557	$245,105	$162,608

ADAGIO INSTITUTE INC