FOUNDATION FOR AGNOSTICISM AND MERITOCRACY INC (EIN 465248036) - 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

2014

Legal Domicile

Principal Officer

PETER VISSER

Phone

9782364277

Tax Period

2023-01-01 to 2023-12-31

FOUNDATION FOR AGNOSTICISM AND MERITOCRACY INC, founded in 2014, is a small nonprofit in the Public & Societal Benefit sector that reported $408K in total revenue in fiscal year 2023. Revenue surged 172% from the prior year, signaling strong growth momentum.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CIVIC, EDUCATIONAL, CHARITABLE, OR BENEVOLENT PURPOSES. WITHOUT LIMITATION, THE CORPORATION IS ORGANZIED AND OPERATED EXCLUSIVELY FOR THE PROMOTION OF SOCIAL WELFARE.

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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 $407,983

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $407,983

Expense Breakdown

Grants Paid $430,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $433,635

Other Expenses $3,635

TOTAL EXPENSES $433,635

Year-over-Year Comparison

	2023	2022	Change
Revenue	$407,983	$150,000	+1.7%
Expenses	$433,635	$218,745	+1.0%
Net Income	$-25,652	$-68,745	-0.6%

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

N/A

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
PETER VISSER	PRESIDENT	1.00	Director	$0	$0	$0
DIRK VISSER	TREASURER	1.00	Director	$0	$0	$0
STEVEN VISSER	CLERK	1.00	Director	$0	$0	$0
DIRK VISSER	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN VISSER	DIRECTOR	1.00	Director	$0	$0	$0
PETER VISSER	DIRECTOR	1.00	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	$407,983	$433,635	$1,307	$-25,652

FOUNDATION FOR AGNOSTICISM AND MERITOCRACY INC