HR Open Standards Consortium I (EIN 770529687) - 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

1999

Legal Domicile

Principal Officer

James Ireland

Phone

3036712776

Tax Period

2024-01-01 to 2024-12-31

HR Open Standards Consortium I, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $146K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $45K, a strong 31% operating margin.

Mission

Dedicated to the development and promotion of a standard suite of specifications to enable human resource related data exchanges

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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 $71,587

Program Service Revenue $74,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $145,587

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $100,725

TOTAL EXPENSES $100,725

Year-over-Year Comparison

	2024	2023	Change
Revenue	$145,587	$114,848	+0.3%
Expenses	$100,725	$146,217	-0.3%
Net Income	$44,862	$-31,369	-2.4%

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

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

$74,100

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James Elder	President	2	Director	$0	$0	$0
Jason Sole	Secretary	2	Director	$0	$0	$0
Leslie Erwin	Treasurer	2	Director	$0	$0	$0
Florent Andre	Director	2	Director	$0	$0	$0
Andrew Cunsolo	Director	2	Director	$0	$0	$0
Ian Davidson	Director	2	Director	$0	$0	$0
Bala Pitchandi	Director	2	Director	$0	$0	$0
Bon Idziak	Director	2	Director	$0	$0	$0
Ingolf Teetz	Director	2	Director	$0	$0	$0
Jan-Willem Van	Director	2	Director	$0	$0	$0
James Ireland	Executive Dire	40	Director	$74,100	$0	$74,100

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	$145,587	$100,725	$144,955	$44,862
2022	$176,680	$165,606	$113,181	$11,074
2021	$100,799	$157,762	$110,777	$-56,963
2020	$276,139	$243,363	$180,160	$32,776

HR Open Standards Consortium I