ALTUS FOUNDATION (EIN 452751486) - 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

2011

Legal Domicile

Principal Officer

TASEER BADAR

Phone

7136272000

Tax Period

2020-01-01 to 2020-12-31

ALTUS FOUNDATION, founded in 2011, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $665K in total revenue in fiscal year 2020. Revenue fell 54% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $150K, a strong 22% operating margin.

Mission

THE CORPORATION MISSION IS TO DEVELOP RESOURCES FOR PATIENTS IN NEED OF SERVICES THROUGH AN ALTUS HEALTHCARE FACILITY OR SERVICE UTILIZING PHILANTHROPIC SUPPORT AND PATIENT & COMMUNITY EDUCATIONAL PROGRAMS. THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES.WITHIN THE SCOPE OF THIS PURPOSES, THE CORPORATION'S PRIMARY PURPOSE AND FOCUS WILL BE TO MAKE DISTRIBUTIONS FOR CHARITABLE AND EDUCATIONAL PURPOSES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $665,251

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $665,251

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,272

Fundraising Expenses $227,911

Program Expenses $27,725

Other Expenses $499,317

TOTAL EXPENSES $515,589

Year-over-Year Comparison

	2020	2019	Change
Revenue	$665,251	$1,447,388	-0.5%
Expenses	$515,589	$966,236	-0.5%
Net Income	$149,662	$481,152	-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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TASEER BADAR	CHAIRMAN	N/A	Officer Director	$0	$0	$0
ANIL MOTWANI	PRESIDENT	N/A	Officer Director	$0	$0	$0
CHESTER PITTS	TREASURER	N/A	Officer Director	$0	$0	$0
GORDAN QUAN	MEMBER	N/A	Director	$0	$0	$0
HAMID RAZAVI	MEMBER	N/A	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
2020	$665,251	$515,589	$603,579	$149,662
2019	$1,447,388	$966,236	$488,966	$481,152
2018	$1,061,365	$958,152	$505,018	$103,213

ALTUS FOUNDATION