AEROX FOUNDATION FKA MRC

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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

BASIL YAP

Phone

3365058286

Tax Period

2023-01-01 to 2023-12-31

AEROX FOUNDATION FKA MRC, founded in 2017, is a small nonprofit in the Youth Development sector that reported $405K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.

Mission

FOSTER AND SUPPORT STUDENTS INTERESTED IN SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATH THROUGH ROBOTICS AND RELATED ENDEAVORS

Program Service Accomplishments

Program 1

Expenses: $9,547 Revenue: $405,000

AEROX FOUNDATION FOCUSES ON BUILDING THE ROBOTICS COMMUNITY, CREATE PLACES FOR MENTORS AND STUDENTS TO MEET AND LEARN, AND SPREAD A CULTURE OF CURIOUS LEARNERS AND GRACIOUS PROFESSIONALISM.

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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 $405,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $405,000

Expense Breakdown

Grants Paid $400,000

Salaries & Benefits $7,750

Fundraising Expenses $168

Program Expenses $9,547

Other Expenses $1,797

TOTAL EXPENSES $409,547

Year-over-Year Comparison

	2023	2022	Change
Revenue	$405,000	$458,500	-0.1%
Expenses	$409,547	$440,051	-0.1%
Net Income	$-4,547	$18,449	-1.2%

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

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
L DAVID MOUNTS	PRESIDENT	Officer Director	$0	$0	$0
BASIL YAP	SECRETARY & TREASURER	Officer Director	$0	$0	$0
GEORGE PETERSON	VP & EXECUTIVE DIRECTOR	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	No data	No data	No data	No data
2023	$405,000	$409,547	$15,730	$-4,547
2022	$458,500	$440,051	$20,277	$18,449
2021	$427,750	$437,019	$1,828	$-9,269