ETHICAL SYSTEMS INC

EIN: 464150368 501(c)(3)

NEW YORK, NY

Total Revenue
$240,879
Total Expenses
$250,867
Total Assets
$289,381
Net Assets
$254,352
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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
2014
Legal Domicile
NY
Principal Officer
NOEL BOYLAND
Phone
5164292755
Tax Period
2021-01-01 to 2021-12-31

ETHICAL SYSTEMS INC, founded in 2014, is a small nonprofit that reported $241K in total revenue in fiscal year 2021. Revenue fell 46% from the prior year — a significant decline worth monitoring.

Mission

TO BRING TOGETHER SOCIAL SCIENTISTS AND BUSINESS PRACTITIONERS ACROSS THE COUNTRY TO AGGREGATE RESEARCH ON THE BEST ETHICAL PRACTICES FOR BUSINESSES AND TO DEVELOP BETTER METHODS OF TEACHING ETHICS IN THE BUSINESS SCHOOL CURRICULUM.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $107,610
Program Service Revenue $133,269
Investment Income $0
Other Revenue $0
TOTAL REVENUE $240,879

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,641
Fundraising Expenses $0
Program Expenses $225,143
Other Expenses $185,226
TOTAL EXPENSES $250,867

Year-over-Year Comparison

2021 2020 Change
Revenue $240,879 $445,468 -0.5%
Expenses $250,867 $200,234 +0.3%
Net Income $-9,988 $245,234 -1.0%
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

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Governance

Voting Members
3
Independent Members
2
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
2
$65,641
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NOEL BOYLAND Secretary 20.00
Officer
$65,641 $0 $65,641
MIRA DEWJI Director 2.00
Director
$0 $0 $0
JONATHAN HAIDT President 2.50
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
2021 $240,879 $250,867 $289,381 $-9,988
2020 $445,468 $200,234 $299,241 $245,234
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