PURSUIT TRANSFORMATION COMPANY INC (EIN 611652332) - 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

2011

Legal Domicile

Principal Officer

JUKAY HSU

Phone

3478416090

Tax Period

2023-01-01 to 2023-12-31

PURSUIT TRANSFORMATION COMPANY INC, founded in 2011, is a mid-sized nonprofit in the Education sector that reported $10.9M in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum.

Mission

PURSUIT CREATES TRANSFORMATION WHERE IT'S NEEDED MOST. THROUGH OUR LONG-TERM INTENSIVE PROGRAM, WE TRAIN ADULTS WITH THE MOST NEED AND POTENTIAL TO GET THEIR FIRST TECH JOBS, ADVANCE IN THEIR CAREERS, AND BECOME THE NEXT GENERATION OF LEADERS IN TECH.

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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 $9,273,382

Program Service Revenue $1,301,861

Investment Income $298,116

Other Revenue $0

TOTAL REVENUE $10,873,359

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $6,988,243

Fundraising Expenses $618,150

Program Expenses $8,667,896

Other Expenses $4,201,877

TOTAL EXPENSES $11,200,120

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,873,359	$7,191,929	+0.5%
Expenses	$11,200,120	$8,977,578	+0.2%
Net Income	$-326,761	$-1,785,649	-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

Volunteers

2256

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

$1,230,411

Total Directors

$618,597

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUKAY HSU	CO-FOUNDER & CEO	75.00	Officer Director	$335,980	$16,498	$352,478
DAVID YANG CO-FOUNDER	CHIEF CREATIVE OFFICER/SECRETARY	60.00	Officer Director	$243,869	$22,250	$266,119
JENNIFER HENSLEY	CHAIR	15.00	Officer Director	$0	$0	$0
ADAM BELANICH	TREASURER	5.00	Officer Director	$0	$0	$0
ALEX ATALLAH	DIRECTOR	5.00	Director	$0	$0	$0
ELIAS ROMAN	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL BOROFSKY	DIRECTOR	5.00	Director	$0	$0	$0
ALAN JONES	DIRECTOR	5.00	Director	$0	$0	$0
SOO KIM	DIRECTOR	5.00	Director	$0	$0	$0
KATY KNIGHT	DIRECTOR	5.00	Director	$0	$0	$0
STUART SPODEK	DIRECTOR	5.00	Director	$0	$0	$0
DANIEL TERAN	DIRECTOR	5.00	Director	$0	$0	$0
PAUL VIZCARRONDO	DIRECTOR	5.00	Director	$0	$0	$0
CAROLINE OH	CHIEF OPERATING OFFICER	40.00	Officer	$291,139	$17,298	$308,437
YONG KANG	CHIEF FINANCIAL OFFICER	40.00	Officer	$264,288	$39,089	$303,377
DAVID FOX STERNLIEB	GENERAL COUNSEL	40.00	Highest	$198,735	$266,965	$465,700
WILLIAM JAMES KENNEY	VP OF PURSUIT PBC STRATEGY	40.00	Highest	$205,700	$5,913	$211,613
AARON JAVON WALTON	SR DIRECTOR COMMUNICATIONS	40.00	Highest	$188,882	$15,650	$204,532
JORDAN MANLEY	HEAD OF SOFTWARE ENGINEERING	40.00	Highest	$159,543	$21,805	$181,348
MARCUS CORTEZ	DIR. OF BUSINESS OPERATIONS	40.00	Highest	$136,310	$11,767	$148,077

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	$10,873,359	$11,200,120	$14,042,037	$-326,761
2022	$7,191,929	$8,977,578	$12,001,089	$-1,785,649
2021	$6,856,404	$7,784,385	$13,294,970	$-927,981
2020	$8,809,977	$5,589,621	$9,697,528	$3,220,356
2019	$6,306,232	$5,964,495	$5,032,152	$341,737
2018	$6,232,774	$4,571,964	$3,906,864	$1,660,810

PURSUIT TRANSFORMATION COMPANY INC