PROMETHEUS LIFE (EIN 453956797) - 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

2015

Legal Domicile

Principal Officer

CHARLES NEWMAN

Phone

6022287970

Tax Period

2018-11-01 to 2019-10-31

PROMETHEUS LIFE, founded in 2015, is a micro nonprofit in the Health Care sector that reported $21K in total revenue in fiscal year 2018. The organization ran a surplus of $8K, a strong 41% operating margin.

Mission

ORGANIZATIONS MISSION TO IMPROVE THE STANDARD OF CARE AND TREATMENT OUTCOMES FOR ALL CANCER PATIENS BY SUPPORTING AND ESTABLISHING INNOVATIVE CARE.

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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 (2018)

Revenue Breakdown

Contributions & Grants $20,935

Program Service Revenue $0

Investment Income $7

Other Revenue $0

TOTAL REVENUE $20,942

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,782

Other Expenses $12,446

TOTAL EXPENSES $12,446

Year-over-Year Comparison

	2018	2017	Change
Revenue	$20,942	$21,325	0.0%
Expenses	$12,446	$78,601	-0.8%
Net Income	$8,496	$-57,276	-1.1%

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

N/A

Employees

N/A

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
DAVID HOROWITZ	VICE PRESIDENT	001.00	Director	$0	$0	$0
CHARLES J NEWMAN	PRESIDENT	010.00	Director	$0	$0	$0
DR WILLIAM LI	DIRECTOR	001.00	Director	$0	$0	$0
BERNARD GOLDBLATT	SECRETARY	001.00	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
2019	$20,942	$12,446	$37,792	$8,496
2018	$21,325	$78,601	$29,415	$-57,276

PROMETHEUS LIFE