OKTURTLES FOUNDATION

🔒

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

2014

Legal Domicile

Principal Officer

Greg Slepak

Tax Period

2024-06-01 to 2025-05-31

OKTURTLES FOUNDATION, founded in 2014, is a small nonprofit in the Education sector that reported $285K in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum.

Mission

The mission of the okTurtles Foundation is to support beneficial decentralization technologies.

Program Service Accomplishments

Program 1

Expenses: $162,136 Revenue: $0

Research and development on the "Group Income" project: a tool for creating communities and providing these communities with a financial safety net in a decentralized and end-to-end encrypted manner, including a user-friendly, end-to-end encrypted chat experience that will support the growth and prosperity of communities that rely on it. Providing educational material regarding social safety nets, social cohesion, new technology, fraud, privacy, and data security.

Program 2

Expenses: $103,545 Revenue: $0

Research, development, and documentation of an open and decentralized end-to-end encryption protocol that can be used for building a variety of applications.

Program 3

Expenses: $0 Revenue: $0

(None)

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $284,886

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $284,886

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $19,205

Program Expenses $265,681

Other Expenses $265,681

TOTAL EXPENSES $284,886

Year-over-Year Comparison

	2024	2023	Change
Revenue	$284,886	$184,100	+0.5%
Expenses	$284,886	$195,234	+0.5%
Net Income	$0	$-11,134	-1.0%

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

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
Greg Slepak	President, Director	40	Officer Director	$0	$0	$0
Andrea Devers	Secretary, Director	30	Officer Director	$0	$0	$0
Simon Grondin	Director	2	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
2025	$284,886	$284,886	$31,123	No data