FOUNDATION FOR AMATEUR RADIO INC (EIN 526049502) - 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

1957

Legal Domicile

Principal Officer

David Prestel

Phone

4438124403

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION FOR AMATEUR RADIO INC, founded in 1957, is a micro nonprofit that reported $13K in total revenue in fiscal year 2024. Revenue fell 83% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $12K, a strong 94% operating margin.

Mission

SUPPORT THE AMATEUR RADIO COMMUNITY EDUCATION BY FACILITATING SCHOLARSHIPS TO COLLEGE BOUND LICENSED RADIO AMATEURS.

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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 $12,500

Investment Income $4

Other Revenue $0

TOTAL REVENUE $12,504

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $702

Other Expenses $702

TOTAL EXPENSES $702

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,504	$71,507	-0.8%
Expenses	$702	$103,547	-1.0%
Net Income	$11,802	$-32,040	-1.4%

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
David Prestel	President	2.00	Officer Director	$0	$0	$0
Elizabeth Prestel	Treasurer - Deceased	0.00		$0	$0	$0
David Parkison	Treasurer	5.00	Officer	$0	$0	$0
Susan Karakantas	Secretary	5.00	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
2025	No data	No data	No data	No data
2024	$12,504	$702	$244,116	$11,802
2023	$71,507	$103,547	$209,799	$-32,040
2022	$131,593	$242,417	$244,713	$-110,824
2021	$77,233	$337,195	$365,123	$-259,962
2020	$683,661	$514,690	$675,673	$168,971
2019	$81,140	$99,541	$521,775	$-18,401

FOUNDATION FOR AMATEUR RADIO INC