RW SWEAT FOUNDATION INC (EIN 581794854) - 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

1981

Legal Domicile

Principal Officer

MATTHEW SWEAT

Phone

7704574430

Tax Period

2023-01-01 to 2023-12-31

RW SWEAT FOUNDATION INC, founded in 1981, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $22K in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $8K, a strong 38% operating margin.

Mission

THE MISSION OF THE R.W. SWEAT RESEARCH FOUNDATION IS A NOT FOR PROFIT ORGANIZATION DEDICATED TO THE RESEARCH AND DEVELOPMENT OF THE ATLAS VERTEBRAE & THE ATLAS ORTHOGONAL CHIROPRACTIC ADJUSTING TECHNIQUE . OUR ORGANIZATION PROVIDES RESEARCH AND DEDICATION FOR THE ADVANCEMENT OF THE ATLAS ORTHOGONAL CHIROPRACTIC PROGRAM. WE ALSO PARTNER WITH HEALTHCARE TECHNOLOGY MANUFACTURERS TO AID THE DEVELOPMENT OF PORTABLE AND SUSTAINABLE HEALTHCARE INSTRUMENTS TO ASSIST OUR EFFORTS.

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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 $22,406

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $22,406

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $13,958

Other Expenses $13,958

TOTAL EXPENSES $13,958

Year-over-Year Comparison

	2023	2022	Change
Revenue	$22,406	$67,899	-0.7%
Expenses	$13,958	$59,907	-0.8%
Net Income	$8,448	$7,992	+0.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNIS FIORINI	PRESIDENT	N/A	Officer	$0	$0	$0
MATTHEW SWEAT	SECRETARY	N/A	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
2023	$22,406	$13,958	$14,369	$8,448
2022	$67,899	$59,907	$10,921	$7,992
2021	$62,051	$52,788	$429	$9,263
2020	$41,433	$57,656	$666	$-16,223
2019	$50,015	$46,956	$4,889	$3,059
2018	$58,480	$58,663	$1,830	$-183

RW SWEAT FOUNDATION INC