Ethereum Classic Cooperative Inc (EIN 320551158) - 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

2017

Legal Domicile

Principal Officer

Robert John SUMMERWILL

Tax Period

2022-01-01 to 2022-12-31

Ethereum Classic Cooperative Inc, founded in 2017, is a small nonprofit in the Science & Technology sector that reported $946K in total revenue in fiscal year 2022. Revenue fell 82% from the prior year — a significant decline worth monitoring. Net assets of $5.1M represent 64 months of operating reserves.

Mission

Directly support the development of Ethereum Classic-based technologies, and foster community and collaboration between the various Ethereum Classic constituents

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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 $945,699

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $945,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $750,884

Fundraising Expenses $0

Program Expenses $824,045

Other Expenses $250,060

TOTAL EXPENSES $1,000,944

Year-over-Year Comparison

	2022	2021	Change
Revenue	$945,699	$5,191,092	-0.8%
Expenses	$1,000,944	$483,384	+1.1%
Net Income	$-55,245	$4,707,708	-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

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

$227,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert John Summerwill	Executive Director & Secretary	40.0	Officer	$200,000	$0	$200,000
Diego Lopez Leon	Core Developer	40.0	Highest	$180,000	$0	$180,000
Isaac Ardis	Core Developer	40.0	Highest	$150,000	$0	$150,000
Chris Ziogas	Core Developer	40.0	Highest	$150,000	$0	$150,000
Alison Alexis	Financial CTRL & Treasurer	10.0	Officer	$27,000	$0	$27,000
CRAIG SALM	CHAIRPERSON	2.5	Officer Director	$0	$0	$0
CODY BURNS	DIRECTOR	2.5	Director	$0	$0	$0
ELAINE OU	DIRECTOR	2.5	Director	$0	$0	$0
ROY ZOU	DIRECTOR	2.5	Director	$0	$0	$0
CHARLES HOSKINSON	DIRECTOR(UNTIL 3/2022)	2.5	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
2022	$945,699	$1,000,944	$5,144,585	$-55,245
2021	$5,191,092	$483,384	$5,145,057	$4,707,708
2020	$693,582	$568,852	$433,341	$124,730
2019	$363,677	$734,906	$334,796	$-371,229

Ethereum Classic Cooperative Inc