FIGHT THE KRAKEN CORPORATION

EIN: 465306686 501(c)(3)

DOUGLASSVILLE, PA

Total Revenue
N/A
Total Expenses
$3,644
Total Assets
$56,780
Net Assets
$56,780
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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
2015
Legal Domicile
PA
Principal Officer
VICKI OTMANI
Phone
2679929229
Tax Period
2019-09-01 to 2020-08-31

Mission

FIGHT THE KRAKEN CORPORATION HOPES TO BRING LIGHT TO THE ATROCITY THAT IS THE GREAT PACIFIC GARBAGE PATCH. WE AS A SPECIES HAVE DAMAGED OUR GREATEST GLOBAL RESOURCE---WATER, THROUGH WASTE AND MISUSE. (RAISING AWARENESS) THE ORGANIZATION HOPES TO GENERATE FUNDING FOR THE OCEAN CONSERVANCY TO AID THEIR CURRENT AND FUTURE CLEANUP EFFORTS. IT HOPES TO DEMONSTRATE THAT HUMANS CAN ENJOY OUR NATURAL RESOURCES WITH ZERO NEGATIVE IMPACT. THE ORGANIZATION ALSO WANTS TO SPOTLIGHT EXACTLY WHAT OUR IMPACT ON THE OCEAN LOOKS LIKE. (EDUCATE THE PUBLIC)

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,584
Other Expenses $3,644
TOTAL EXPENSES $3,644

Year-over-Year Comparison

2019 2018 Change
Revenue N/A $516 -1.0%
Expenses $3,644 $4,159 -0.1%
Net Income N/A $-3,643 N/A
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
1
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICKI OTMANI PRESIDENT 1.00
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
2020 No data $3,644 $56,780 No data
2019 $516 $4,159 $60,424 $-3,643
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