THE PELZMAN FOUNDATION FOR HEALTHCARE INNOVATIONINC (EIN 472459747) - Form 990 Financial Analysis & Trantor Score

🔒

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

FRED PELZMAN

Phone

2127640644

Tax Period

2024-01-01 to 2024-12-31

THE PELZMAN FOUNDATION FOR HEALTHCARE INNOVATIONINC, founded in 2014, is a micro nonprofit in the Human Services sector that reported $81K in total revenue in fiscal year 2024. Revenue surged 4296% from the prior year, signaling strong growth momentum. Expenses of $125K exceeded revenue, resulting in a 55% operating deficit.

Mission

TO SUPPORT HEALTHCARE RESEARCHERS AND CLINICIANS WHO CONDUCT PROJECTS AND PROGRAMS TO STIMULATE INNOVATION IN THE PRIMARY CARE OF INDIVIDUALS AND POPULATIONS.

🔒

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 $80,556

Program Service Revenue $0

Investment Income $27

Other Revenue $0

TOTAL REVENUE $80,583

Expense Breakdown

Grants Paid $62,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $62,000

Other Expenses $63,191

TOTAL EXPENSES $125,191

Year-over-Year Comparison

	2024	2023	Change
Revenue	$80,583	$1,833	+43.0%
Expenses	$125,191	$122,931	+0.0%
Net Income	$-44,608	$-121,098	-0.6%

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

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

$60,000

Total Directors

$60,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRED PELZMAN	President	20.00	Officer Director	$60,000	$0	$60,000
KEVIN BROWN	Trustee	2.00	Director	$0	$0	$0
KATHERINE MC CORMICK	Trustee	2.00	Director	$0	$0	$0
SUSAN HAYES	Trustee	2.00	Officer 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	$80,583	$125,191	$241,526	$-44,608
2023	$1,833	$122,931	$286,134	$-121,098
2022	$60,881	$63,133	$407,232	$-2,252
2021	$170,040	$67,641	$409,484	$102,399
2020	$51,255	$63,842	$307,085	$-12,587
2019	$31,556	$123,907	$319,672	$-92,351
2018	$76,313	$125,453	$412,023	$-49,140

THE PELZMAN FOUNDATION FOR HEALTHCARE INNOVATIONINC