FASS INC (EIN 371368775) - 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

1997

Legal Domicile

Principal Officer

PAUL KINDSTEDT

Phone

2173563182

Tax Period

2023-01-01 to 2023-12-31

FASS INC, founded in 1997, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

PROVIDE VARIOUS MANAGEMENT SERVICES TO EDUCATIONAL SCIENTIFIC SOCIETIES.

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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 $2,747,516

Investment Income $1,304

Other Revenue $159,328

TOTAL REVENUE $2,908,148

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,094,815

Fundraising Expenses $0

Program Expenses $2,064,592

Other Expenses $864,643

TOTAL EXPENSES $2,959,458

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,908,148	$2,345,056	+0.2%
Expenses	$2,959,458	$2,375,144	+0.2%
Net Income	$-51,310	$-30,088	+0.7%

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

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

$409,134

Total Directors

$409,134

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL KINDSTEDT	PRESIDENT	1.00	Officer Director	$0	$0	$0
NORMAND ST-PIERRE	PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
RICH ERDMAN	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
BENJAMIN WENNER	TREASURER	1.00	Officer Director	$0	$0	$0
JEREMY HOLZNER	EXECUTIVE DIRECTOR	40.00	Officer Director	$129,335	$14,897	$144,232
JERRY BOWMAN	EXECUTIVE DIRECTOR - ADSA	1.00	Officer Director	$251,000	$13,902	$264,902

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	$2,908,148	$2,959,458	No data	$-51,310
2022	$2,345,056	$2,375,144	$2,920,087	$-30,088
2021	$2,334,774	$2,349,371	$2,738,049	$-14,597
2020	$2,337,468	$2,244,370	$2,615,509	$93,098

FASS INC