PermRecord Foundation (EIN 473017917) - 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

2015

Legal Domicile

Principal Officer

Robert Friedman

Phone

5129537376

Tax Period

2023-01-01 to 2023-12-31

PermRecord Foundation, founded in 2015, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 24% operating deficit.

Mission

To preserve and provide perpetual access to the digital legacy of all people for the historical and educational benefit of future generations.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,162,146

Program Service Revenue $25,109

Investment Income $10,247

Other Revenue $0

TOTAL REVENUE $1,197,502

Expense Breakdown

Grants Paid $0

Salaries & Benefits $900,572

Fundraising Expenses $0

Program Expenses $1,271,099

Other Expenses $584,779

TOTAL EXPENSES $1,485,351

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,197,502	$1,781,670	-0.3%
Expenses	$1,485,351	$1,486,417	0.0%
Net Income	$-287,849	$295,253	-2.0%

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

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

$155,117

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cecilia Donnelly	Dir of Engineering	40.00		$152,176	$10,966	$163,142
Robert Friedman	Exec Director	40.00	Officer	$142,048	$13,069	$155,117
William Lloyd	Software Engineer	40.00		$136,972	$10,866	$147,838
Natalie Martin	Software Engineer	40.00		$106,797	$6,545	$113,342
Dean Drako	Director	4.00	Officer Director	$0	$0	$0
Joshua Baer	Director	1.00	Director	$0	$0	$0
David Munson	Director	1.00	Director	$0	$0	$0
Tracy LaQuey Parker	Director	1.00	Director	$0	$0	$0
Stephen Wolfram	Director	1.00	Director	$0	$0	$0
Paul Vixie	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,197,502	$1,485,351	$244,263	$-287,849
2022	$1,781,670	$1,486,417	$729,412	$295,253
2021	$1,549,813	$1,257,714	$320,736	$292,099
2020	$774,250	$889,833	$144,213	$-115,583
2019	$375,000	$651,102	$69,583	$-276,102
2018	$32,073	$1,075,157	$321,717	$-1,043,084

PermRecord Foundation