PRETERM FOUNDATION (EIN 341778387) - 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

1994

Legal Domicile

Principal Officer

SRI THAKKILAPATI

Phone

2169914000

Tax Period

2022-07-01 to 2023-06-30

PRETERM FOUNDATION, founded in 1994, is a small nonprofit in the Health Care sector that reported $396K in total revenue in fiscal year 2022. Expenses of $599K exceeded revenue, resulting in a 51% operating deficit.

Mission

TO RAISE FUNDS TO PROVIDE MEDICAL AND OFFICE SPACE FOR A RELATED NON-PROFIT ORGANIZATION.

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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 $306,190

Program Service Revenue $0

Investment Income $74,796

Other Revenue $14,572

TOTAL REVENUE $395,558

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $172,187

Other Expenses $599,110

TOTAL EXPENSES $599,110

Year-over-Year Comparison

	2022	2021	Change
Revenue	$395,558	$-222,488	-2.8%
Expenses	$599,110	$36,437	+15.4%
Net Income	$-203,552	$-258,925	-0.2%

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

$102,637

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SRI THAKKILAPATI	DIRECTOR	1.00	Director	$0	$0	$102,637
CHRIS DAVIES	PRESIDENT	1.00	Officer Director	$0	$0	$0
TAYLOR HARRISON	SECRETARY	1.00	Officer Director	$0	$0	$0
DALLAS SCHUBERT	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
KATE SNOW	TREASURER	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$395,558	$599,110	$4,921,586	$-203,552
2022	$-222,488	$36,437	$5,264,151	$-258,925
2021	$331,534	$144,231	$5,534,187	$187,303
2020	$112,750	$58,351	$5,058,548	$54,399
2019	$438,355	$137,690	$5,529,759	$300,665

PRETERM FOUNDATION