COMMERCIAL SPACE PROGRESS FOUNDATION (EIN 453763634) - 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

PATRICIA HYNES

Phone

5756466414

Tax Period

2024-01-01 to 2024-12-31

COMMERCIAL SPACE PROGRESS FOUNDATION, founded in 2011, is a micro nonprofit in the Community Improvement sector that reported $84K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $15K, a strong 18% operating margin.

Mission

THE PURPOSE OF THE COMMERCIAL SPACE PROGRESS FOUNDATION IS TO PROVIDE ACTIVITIES, PROGRAMS AND EDUCATIONAL AND PROMOTIONAL OPPORTUNITIES RELATED TO THE COMMERCIAL SPACE INDUSTRY.

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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 $0

Program Service Revenue $0

Investment Income $83,608

Other Revenue $0

TOTAL REVENUE $83,608

Expense Breakdown

Grants Paid $0

Salaries & Benefits $46,197

Fundraising Expenses $0

Program Expenses $5,000

Other Expenses $22,392

TOTAL EXPENSES $68,589

Year-over-Year Comparison

	2024	2023	Change
Revenue	$83,608	$62,860	+0.3%
Expenses	$68,589	$57,265	+0.2%
Net Income	$15,019	$5,595	+1.7%

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

$42,914

Total Directors

$42,914

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA HYNES	CEO AND DIRECTOR	2.00	Officer Director	$42,914	$0	$42,914
FRANCESKA SCHROEDER	DIRECTOR	0.00	Director	$0	$0	$0
FREDERIK JENET	DIRECTOR	0.00	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	$83,608	$68,589	$449,038	$15,019
2023	$62,860	$57,265	$426,486	$5,595
2022	$-7,289	$49,151	$407,027	$-56,440
2021	$73,299	$42,859	$468,326	$30,440
2020	$2,983	$22,772	$437,886	$-19,789
2019	$149,126	$193,013	$471,751	$-43,887

COMMERCIAL SPACE PROGRESS FOUNDATION