Dragg Inc (EIN 320260767) - 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

2008

Legal Domicile

Phone

8054851152

Tax Period

2024-01-01 to 2024-12-31

Dragg Inc, founded in 2008, is a micro nonprofit in the Crime & Legal sector that reported $96K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $164K exceeded revenue, resulting in a 71% operating deficit.

Mission

EDUCATE AND PROMOTE SKILLED YOUTH INTO FIELDS OF AUTOMOTIVE EDUCATION INCLUDING AWARDING SCHOLARSHIPS FOR COMPLETE PROGRAM TO TOP STUDENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $94,074

Program Service Revenue $0

Investment Income $23

Other Revenue $1,632

TOTAL REVENUE $95,729

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,115

Fundraising Expenses $0

Program Expenses $137,375

Other Expenses $105,051

TOTAL EXPENSES $164,166

Year-over-Year Comparison

	2024	2023	Change
Revenue	$95,729	$285,972	-0.7%
Expenses	$164,166	$221,701	-0.3%
Net Income	$-68,437	$64,271	-2.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
EMILIO CASTANEDA	DIRECTOR	Director	$0	$0	$0
SANDRA CARRILLO	DIRECTOR	Director	$0	$0	$0
RANDY LATIMER	TREASURER	Officer Director	$0	$0	$0
DANIEL SHRUBB	PRESIDENT	Officer Director	$0	$0	$0
SYLVIA ORTIZ	SECRETARY	Officer 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	$95,729	$164,166	$206,131	$-68,437
2023	$285,972	$221,701	$274,568	$64,271
2022	$226,460	$254,307	$210,297	$-27,847
2021	$279,933	$201,014	$223,472	$78,919
2020	$147,079	$199,654	$146,280	$-52,575
2019	$261,485	$245,311	$190,105	$16,174
2018	$224,047	$186,837	$196,431	$37,210

Dragg Inc