Master Faster Inc

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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

Yermia Katz

Phone

8454775130

Tax Period

2023-01-01 to 2023-12-31

Master Faster Inc, founded in 2012, is a community nonprofit in the Health Care sector that reported $5.9M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

The organization provides therapeutic services for children with Autism.

Program Service Accomplishments

Program 1

Expenses: $3,323,061 Revenue: $5,902,790

The organization serviced approximately two hundred children of special needs during year 2023. They have succeeded in helping many of these children achieve things that can only happen because of...

The organization serviced approximately two hundred children of special needs during year 2023. They have succeeded in helping many of these children achieve things that can only happen because of the one to one special attention the organization provides.

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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 $0

Program Service Revenue $5,902,790

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,902,790

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,506,978

Fundraising Expenses $0

Program Expenses $3,323,061

Other Expenses $1,471,936

TOTAL EXPENSES $5,978,914

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,902,790	$5,395,258	+0.1%
Expenses	$5,978,914	$5,991,119	0.0%
Net Income	$-76,124	$-595,861	-0.9%

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

293

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
Reva Devokes	CEO	005.00	Director	$0	$0	$0
Yermia Katz	PRESIDENT	005.00	Director	$0	$0	$0
Naftuli Wagschal	DIRECTOR	005.00	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	$5,902,790	$5,978,914	$750,742	$-76,124
2022	$5,395,258	$5,991,119	$741,433	$-595,861
2021	$5,272,684	$6,036,512	$839,129	$-763,828
2020	$4,712,283	$5,730,475	$770,072	$-1,018,192
2019	$6,350,119	$6,347,162	$1,345,135	$2,957
2018	$6,395,657	$6,662,761	$866,479	$-267,104