USHER 2020 FOUNDATION INC (EIN 461440524) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

SUSAN TROTOCHAUD

Phone

4047711900

Tax Period

2023-01-01 to 2023-12-31

USHER 2020 FOUNDATION INC, founded in 2012, is a micro nonprofit in the Diseases & Disorders sector that reported $98K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $314K exceeded revenue, resulting in a 220% operating deficit.

Mission

TO SUPPORT RESEARCH TO FIND THERAPIES TO PREVENT BLINDNESS IN THOSE WITH USHER SYNDROME.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $88,578

Program Service Revenue $0

Investment Income $8,743

Other Revenue $773

TOTAL REVENUE $98,094

Expense Breakdown

Grants Paid $301,357

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $308,050

Other Expenses $12,639

TOTAL EXPENSES $313,996

Year-over-Year Comparison

	2023	2022	Change
Revenue	$98,094	$165,328	-0.4%
Expenses	$313,996	$268,018	+0.2%
Net Income	$-215,902	$-102,690	+1.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
SUSAN TROTOCHAUD	PRESIDENT & EXEC DIRECTOR	25.00	Officer Director	$0	$0	$0
SCOTT DORFMAN	CHAIR OF BOARD & TREASURER	10.00	Officer Director	$0	$0	$0
LARRY DORFMAN	CHAIR OF DEVELOPMENT	1.00	Officer 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	$98,094	$313,996	$213,173	$-215,902
2022	$165,328	$268,018	$423,970	$-102,690
2021	$558,053	$317,899	$551,033	$240,154
2020	$351,309	$242,984	$315,801	$108,325
2019	$342,484	$222,934	$207,761	$119,550
2018	$461,791	$835,385	$87,981	$-373,594

USHER 2020 FOUNDATION INC