TRUSTED COMPUTING GROUP C/O VITAL TECHNICAL MARKETING INC (EIN 510447137) - 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

2002

Legal Domicile

Principal Officer

JOE PENNISI

Phone

5036190562

Tax Period

2024-01-01 to 2024-12-31

TRUSTED COMPUTING GROUP C/O VITAL TECHNICAL MARKETING INC, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2024. Expenses of $1.5M exceeded revenue, resulting in a 12% operating deficit.

Mission

ORGANIZATION'S PURPOSES ARE FOR THE DEVELOPMENT, DEFINITION AND PROMOTION OF HARDWARE-ENABLED TRUSTED COMPUTING AND SECURITY TECHNOLOGY, INCLUDING RELATED HARDWARE AND RELATED SOFTWARE COMPONENTS, ACROSS MULTIPLE PLATFORMS, PERIPHERALS AND DEVICES. THIS WILL BE ACCOMPLISHED BY DEFINING THE TECHNICAL REQUIREMENTS OR HARDWARE-ENABLED TRUSTED COMPUTING AND SECURITY TECHNOLOGY THROUGH DEVELOPED SPECIFICATIONS, PRODUCING AND ENFORCING PRODUCT CERTIFICATION CRITERIA, AND EXECUTING MARKETING PROGRAMS, AS APPROPRIATE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,270,250

Investment Income $112,239

Other Revenue $0

TOTAL REVENUE $1,382,489

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,544,579

TOTAL EXPENSES $1,544,579

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,382,489	$1,328,718	+0.0%
Expenses	$1,544,579	$1,280,621	+0.2%
Net Income	$-162,090	$48,097	-4.4%

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

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
JOE PENNISI	PRESIDENT	7.50	Officer Director	$0	$0	$0
RICK MARTINEZ	VICE PRESIDE	3.00	Officer Director	$0	$0	$0
SILVIU VLASCEANU	SECRETARY	1.50	Officer Director	$0	$0	$0
BORIS BALACHEFF	TREASURER	1.50	Officer Director	$0	$0	$0
PRABHU JAYANNA	DIRECTOR	1.00	Director	$0	$0	$0
DONG WEI	DIRECTOR	1.00	Director	$0	$0	$0
NED SMITH	DIRECTOR	1.00	Director	$0	$0	$0
JON FELTEN	DIRECTOR	1.00	Director	$0	$0	$0
DARREN KRAHN	DIRECTOR	1.00	Director	$0	$0	$0
SHIVA DASARI	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS ENGEL	DIRECTOR	1.00	Director	$0	$0	$0
JOSEF KOHN	DIRECTOR	1.00	Director	$0	$0	$0
SETH ROSS	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS VAN PEEREN	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS MATTOON	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN MCFARLAND	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	$1,382,489	$1,544,579	$3,061,102	$-162,090
2023	$1,328,718	$1,280,621	$3,287,605	$48,097
2022	$1,249,703	$1,066,382	$2,943,435	$183,321
2021	$1,206,875	$948,236	$2,782,180	$258,639
2020	$1,104,117	$1,088,496	$2,503,373	$15,621
2019	$1,392,532	$1,132,936	$2,365,200	$259,596
2018	$1,374,113	$1,242,703	$2,093,445	$131,410

TRUSTED COMPUTING GROUP C/O VITAL TECHNICAL MARKETING INC