UDAC INC (EIN 410856115) - 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

1969

Legal Domicile

Principal Officer

KAREN HERMAN

Phone

2187225867

Tax Period

2024-01-01 to 2024-12-31

UDAC INC, founded in 1969, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Net assets of $5.4M represent 44 months of operating reserves.

Mission

TO PROVIDE CUSTOMIZED SERVICES TO PEOPLE WITH DISABILITIES AND OTHER CHALLENGES BASED ON THEIR CHOICES.

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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 $212,857

Program Service Revenue $1,071,624

Investment Income $130,356

Other Revenue $71,582

TOTAL REVENUE $1,486,419

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,000,144

Fundraising Expenses $15,906

Program Expenses $1,097,531

Other Expenses $453,421

TOTAL EXPENSES $1,453,565

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,486,419	$1,536,975	0.0%
Expenses	$1,453,565	$1,439,569	+0.0%
Net Income	$32,854	$97,406	-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

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

$95,045

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN HERMAN	EXECUTIVE DI	40.00	Officer	$90,519	$4,526	$95,045
KATY MORGAN	CHAIR	2.00	Officer Director	$0	$0	$0
ABHI DEVIREDDY	CHAIR-ELECT	2.00	Officer Director	$0	$0	$0
KIM BRODY	TREASURER	15.00	Officer Director	$0	$0	$0
RONDA BLISS	DIRECTOR	2.00	Director	$0	$0	$0
ELLIE FOURNIER	DIRECTOR	2.00	Director	$0	$0	$0
DIANE HOLIDAY-WELCH	DIRECTOR	2.00	Director	$0	$0	$0
ANDREA MISTELSKE	DIRECTOR	2.00	Director	$0	$0	$0
JAKE TORNQUIST	DIRECTOR	2.00	Director	$0	$0	$0
JOHN VIDMAR	DIRECTOR	2.00	Director	$0	$0	$0
JULIE VISGER	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM WATSON	DIRECTOR	2.00	Director	$0	$0	$0
JACOB STONESIFER	DIRECTOR	2.00	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	$1,486,419	$1,453,565	$5,579,122	$32,854
2023	$1,536,975	$1,439,569	$5,401,316	$97,406
2022	$1,183,542	$1,351,994	$5,134,643	$-168,452
2021	$1,060,795	$1,100,873	$5,878,782	$-40,078
2020	$1,281,137	$1,392,623	$5,922,301	$-111,486
2019	$2,718,027	$2,972,552	$5,657,832	$-254,525
2018	$5,587,695	$3,264,438	$5,665,071	$2,323,257

UDAC INC