1214 FOUNDATION INC (EIN 462452667) - 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

2013

Legal Domicile

Principal Officer

DR MICHAEL BAROODY

Tax Period

2020-01-01 to 2020-12-31

1214 FOUNDATION INC, founded in 2013, is a micro nonprofit that reported $55K in total revenue in fiscal year 2020. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $68K exceeded revenue, resulting in a 25% operating deficit.

Mission

OUR MISSION IS TO DEVELOP A PROGRAM TO HELP CHILDREN GAIN CONFIDENCE, INSPIRATION AND SKILLS TO RISE ABOVE AND ULTIMATELY GO BEYOND THEIR GREATEST CHALLENGES, TO ULTIMATELY EXCEED THEIR OWN EXPECTATIONS OF THEMSELVES. THIS PROGRAM IS AN INNOVATIVE COMBINATION OF EXPLORATION OF THE ARTS AND PERSONAL CHARACTER DEVELOPMENT. OUR GOAL IS TO BUILD A SPECIAL CENTER TO HOUSE THIS MULTI-DISCIPLINARY EDUCATIONAL PROGRAM, INCLUDING A PERFORMING ARTS CENTER, WHICH WILL BE BASED IN NEWTOWN, BUT ITS DOORS WILL BE OPEN TO BENEFIT PEOPLE NATIONWIDE. IT IS OUR DESIRE TO CREATE A MODEL FOR OTHER COMMUNITIES TO HELP CHILDREN UNDERSTAND THEIR STRENGTHS, PASSIONS AND CAPABILITIES, PREPARING THEM WITH TOOLS FOR TOMORROW.

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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 (2020)

Revenue Breakdown

Contributions & Grants $54,525

Program Service Revenue $0

Investment Income $0

Other Revenue $261

TOTAL REVENUE $54,786

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,287

Fundraising Expenses $0

Program Expenses $19,741

Other Expenses $37,154

TOTAL EXPENSES $68,441

Year-over-Year Comparison

	2020	2019	Change
Revenue	$54,786	$191,188	-0.7%
Expenses	$68,441	$236,712	-0.7%
Net Income	$-13,655	$-45,524	-0.7%

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

Volunteers

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
DR MICHAEL BAROODY	PRESIDENT	N/A	Officer Director	$0	$0	$0
MARYROSE INZERO-KRISTOPIK	DIRECTOR	N/A	Director	$0	$0	$0
ARMEL KOUASSI	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
GINA MAZZARIELLO	DIRECTOR	N/A	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
2020	$54,786	$68,441	$123,013	$-13,655
2019	$191,188	$236,712	$130,238	$-45,524
2018	$234,806	$205,913	$192,000	$28,893

1214 FOUNDATION INC