THE SCAN FOUNDATION (EIN 450552845) - 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

2007

Legal Domicile

Principal Officer

SARITA A MOHANTY

Phone

8885697226

Tax Period

2023-01-01 to 2023-12-31

THE SCAN FOUNDATION, founded in 2007, is a mid-sized nonprofit in the Human Services sector that reported $11.5M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $15.2M exceeded revenue, resulting in a 33% operating deficit.

Mission

THE SCAN FOUNDATION ENVISIONS A SOCIETY WHERE ALL OF US CAN AGE WELL WITH PURPOSE.WE PURSUE THIS VISION BY IGNITING BOLD AND EQUITABLE CHANGES IN HOW OLDER ADULTS AGE IN BOTH HOME AND COMMUNITY.

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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 $550,000

Program Service Revenue $0

Investment Income $10,928,798

Other Revenue $0

TOTAL REVENUE $11,478,798

Expense Breakdown

Grants Paid $6,196,139

Salaries & Benefits $4,468,434

Fundraising Expenses $0

Program Expenses $11,835,298

Other Expenses $4,563,207

TOTAL EXPENSES $15,227,780

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,478,798	$9,051,340	+0.3%
Expenses	$15,227,780	$13,880,916	+0.1%
Net Income	$-3,748,982	$-4,829,576	-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

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

$1,035,792

Total Directors

$1,892,014

Key Employees

$1,044,360

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MOHANTY SARITA A	CEO	40.00	Officer Director	$649,626	$135,166	$784,792
ROSENSTOCK LINDA	DIRECTOR	2.80	Director	$35,000	$0	$200,000
JONES BRANDON	TREASURER	3.40	Officer Director	$37,500	$0	$166,500
ORTIZ CELESTE	DIRECTOR	3.40	Director	$37,500	$0	$166,500
RUIZ DE LUZURIAGA FRANCESCA	DIRECTOR	2.80	Director	$35,000	$0	$152,000
PHILLIPS CHERYL	DIRECTOR	3.10	Director	$36,055	$0	$141,055
ELLIS ROSEMARY	DIRECTOR	3.40	Director	$36,667	$0	$126,667
CHAVEZ ANNA MARIA	CHAIRPERSON	5.10	Officer Director	$47,000	$0	$47,000
BELLA MELANIE	SECRETARY	3.70	Officer Director	$37,500	$0	$37,500
QUIHUIS MARGARITA	DIRECTOR	2.80	Director	$35,000	$0	$35,000
RAPHAEL CAROL	DIRECTOR	3.10	Director	$35,000	$0	$35,000
HEAVENER ANIKA	VP, INNOV AND INVSTMT	40.00	Key Emp	$383,667	$51,367	$435,034
SABORIO RIGOBERTO J	VP PROG EQ & COMM IMPACT	40.00	Key Emp	$302,455	$36,427	$338,882
IPAKCHI NARDA L	VP, POLICY	40.00	Key Emp	$236,416	$34,028	$270,444
WESTPHAL ERIN	PROGRAM OFFICER	40.00	Highest	$169,993	$38,617	$208,610
PETERSON KALI	PROGRAM OFFICER	40.00	Highest	$172,827	$13,706	$186,533
KING NATALIE	DIR STRATEGIC INITIATIVES	40.00	Highest	$149,491	$30,146	$179,637
NICHOLSON MARI D END 0923	DIR COMMUNICATIONS	40.00	Highest	$158,411	$18,895	$177,306
BURKE MEGAN	PROGRAM OFFICER	40.00	Highest	$140,047	$23,693	$163,740
CHERNOFF BRUCE	FORMER CEO	0.00		$129,044	$0	$129,044
ALKEMA GRETCHEN	FORMER VP POLICY & COMMUN	0.00		$491,681	$0	$491,681

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	$11,478,798	$15,227,780	$259,121,726	$-3,748,982
2022	$9,051,340	$13,880,916	$254,464,684	$-4,829,576
2021	$41,376,763	$10,711,615	$297,722,118	$30,665,148
2020	$11,732,897	$11,074,751	$251,069,671	$658,146
2019	$16,595,535	$11,497,572	$232,161,179	$5,097,963
2018	$19,061,811	$10,492,853	$207,476,064	$8,568,958

THE SCAN FOUNDATION