Maitri Foundation (EIN 562362125) - 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

2003

Legal Domicile

Principal Officer

James F King President

Phone

4155583005

Tax Period

2023-01-01 to 2023-12-31

Maitri Foundation, founded in 2003, is a micro nonprofit in the Diseases & Disorders sector that reported $37K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $90K exceeded revenue, resulting in a 142% operating deficit.

Mission

The Maitri Foundation TMF provides annual distributions to Maitri Compassionate Care MCC. TMF is a supporting organization.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $37,123

Other Revenue $0

TOTAL REVENUE $37,123

Expense Breakdown

Grants Paid $75,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,000

Other Expenses $14,936

TOTAL EXPENSES $89,936

Year-over-Year Comparison

	2023	2022	Change
Revenue	$37,123	$58,857	-0.4%
Expenses	$89,936	$91,506	0.0%
Net Income	$-52,813	$-32,649	+0.6%

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
James F King	President	0.50	Officer Director	$0	$0	$0
Jane Wong Dir	Secretary	0.10	Officer Director	$0	$0	$0
Maitri Goonewardena Dir	Treasurer	0.50	Officer Director	$0	$0	$0
Blake Spears	Director	0.10	Director	$0	$0	$0
Dana Guido	Director	0.10	Director	$0	$0	$0
Will Green	Director	0.10	Director	$0	$0	$0
Gregg Cummings	Director	0.10	Director	$0	$0	$0
Ray LaPointe	Director	0.50	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	No data	No data	No data	No data
2023	$37,123	$89,936	$1,407,400	$-52,813
2022	$58,857	$91,506	$1,205,037	$-32,649
2021	$311,416	$93,723	$1,734,471	$217,693
2020	$59,540	$86,559	$1,562,185	$-27,019
2019	$79,769	$127,934	$1,378,834	$-48,165
2018	$79,109	$53,313	$1,196,110	$25,796

Maitri Foundation