TECHNOLOGY AGAINST ALS FOUNDATION INC (EIN 455365257) - 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

2012

Legal Domicile

Principal Officer

SANDEEP TUNGARE

Phone

9732191989

Tax Period

2023-01-01 to 2023-12-31

TECHNOLOGY AGAINST ALS FOUNDATION INC, founded in 2012, is a small nonprofit in the Diseases & Disorders sector that reported $175K in total revenue in fiscal year 2023. Revenue surged 75% from the prior year, signaling strong growth momentum. Expenses of $151K left a modest 14% surplus.

Mission

TO IMPROVE THE QUALITY OF LIFE FOR PATIENTS WITH ALS AND LOCKED IN SYNDROME BY EXPLOITING THE LATEST TECHNOLOGIES AVAILABLE TODAY. TO DEVELOP AND DISTRIBUTE DEVICES THAT ENABLE ALS PATIENTS TO CONTROL THEIR ENVIROMENT AND TO COMMUNICATE USING ONLY THEIR EYES.

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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 $175,037

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $175,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $150,191

Other Expenses $150,762

TOTAL EXPENSES $150,762

Year-over-Year Comparison

	2023	2022	Change
Revenue	$175,037	$100,068	+0.7%
Expenses	$150,762	$134,593	+0.1%
Net Income	$24,275	$-34,525	-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

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
SANDEEP TUNGARE	TRUSTEE	3.00	Director	$0	$0	$0
MILIND GUPTE	TRUSTEE	1.00	Director	$0	$0	$0
AMITABH PATIL	TRUSTEE	1.00	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	No data	No data	No data	No data
2023	$175,037	$150,762	$52,240	$24,275
2022	$100,068	$134,593	$27,965	$-34,525
2021	$150,065	$119,875	$62,490	$30,190
2020	$50,101	$129,044	$32,300	$-78,943
2019	$101,000	$132,465	$111,243	$-31,465
2018	$325,120	$271,934	$142,708	$53,186

TECHNOLOGY AGAINST ALS FOUNDATION INC