FIFTY PLUS FOUNDATION INC (EIN 461279633) - 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

P BYRON DEFOOR

Phone

4234241845

Tax Period

2023-01-01 to 2023-12-31

FIFTY PLUS FOUNDATION INC, founded in 2012, is a micro nonprofit in the Diseases & Disorders sector that reported $97K in total revenue in fiscal year 2023. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $263K exceeded revenue, resulting in a 170% operating deficit.

Mission

ENGAGING IN THE PROMOTION OF PUBLIC AWARENESS AND EDUCATION OF IMPROVED METHODS IN THE DIAGNOSIS, TREATMENT AND CURE OF ALZHEIMER'S DISEASE AND OTHER DEMENTIA DISORDERS.

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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 $3,014,885

Program Service Revenue $0

Investment Income $1,790

Other Revenue $-2,919,345

TOTAL REVENUE $97,330

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $131,349

Other Expenses $262,697

TOTAL EXPENSES $262,697

Year-over-Year Comparison

	2023	2022	Change
Revenue	$97,330	$429,786	-0.8%
Expenses	$262,697	$251,406	+0.0%
Net Income	$-165,367	$178,380	-1.9%

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

N/A

Volunteers

250

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
P BYRON DEFOOR	PRESIDENT	10.00	Officer Director	$0	$0	$0
CRAIG TAYLOR	TREASURER	0.00	Officer Director	$0	$0	$0
BARRY RAY	SECRETARY	0.00	Officer Director	$0	$0	$0
EMBER SOUCHET	ASSISTANT TREASURER	10.00	Officer	$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	$97,330	$262,697	$322,505	$-165,367
2022	$429,786	$251,406	$513,884	$178,380
2021	$-1,326,139	$46,743	$669,461	$-1,372,882
2020	$9,181	$5,378	$33,202	$3,803
2019	$-47,461	$1,809	$28,763	$-49,270
2018	$1,805	$1,394	$77,173	$411

FIFTY PLUS FOUNDATION INC