VAD FOUNDATION (EIN 611540895) - 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

2007

Legal Domicile

Principal Officer

VIJAY VAD

Phone

2126061306

Tax Period

2023-01-01 to 2023-12-31

VAD FOUNDATION, founded in 2007, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $134K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $40K, a strong 30% operating margin.

Mission

TO PROVIDE FINANCIAL ASSISTANCE TO PERSONS IN THE FIELD OF MEDICAL RESEARCH AND PERSONS PURSUING EDUCATIONAL ADVANCEMENT IN THE FIELD OF MEDICINE.

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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 $107,792

Program Service Revenue $0

Investment Income $26,659

Other Revenue $0

TOTAL REVENUE $134,451

Expense Breakdown

Grants Paid $92,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $92,500

Other Expenses $1,849

TOTAL EXPENSES $94,349

Year-over-Year Comparison

	2023	2022	Change
Revenue	$134,451	$224,308	-0.4%
Expenses	$94,349	$22,561	+3.2%
Net Income	$40,102	$201,747	-0.8%

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
VIJAY VAD	OFFICER	1.00	Officer 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
2023	$134,451	$94,349	$288,536	$40,102
2022	$224,308	$22,561	$248,434	$201,747
2021	$7,550	$28,856	$46,687	$-21,306
2020	$80,400	$18,530	$67,993	$61,870
2019	$52,492	$50,910	$6,123	$1,582
2018	$20,000	$18,650	$4,541	$1,350

VAD FOUNDATION