BENEFICENT TECHNOLOGY INC (EIN 770555413) - 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

2000

Legal Domicile

Principal Officer

AYAN KISHORE

Phone

6506443400

Tax Period

2023-01-01 to 2023-12-31

BENEFICENT TECHNOLOGY INC, founded in 2000, is a mid-sized nonprofit in the Human Services sector that reported $10.9M in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $14.0M exceeded revenue, resulting in a 28% operating deficit.

Mission

BENETECH IS A NONPROFIT THAT EMPOWERS COMMUNITIES WITH SOFTWARE FOR SOCIAL GOOD.

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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 $9,778,173

Program Service Revenue $1,089,769

Investment Income $59,433

Other Revenue $0

TOTAL REVENUE $10,927,375

Expense Breakdown

Grants Paid $2,368,043

Salaries & Benefits $8,082,442

Fundraising Expenses $264,844

Program Expenses $11,572,732

Other Expenses $3,587,638

TOTAL EXPENSES $14,038,123

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,927,375	$16,107,648	-0.3%
Expenses	$14,038,123	$16,300,016	-0.1%
Net Income	$-3,110,748	$-192,368	+15.2%

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

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

$335,084

Total Directors

Key Employees

$808,474

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERARDO CAPIEL	DIRECTOR	1.00	Director	$0	$0	$0
RAYANNE DARENSBOURG	DIRECTOR	1.00	Director	$0	$0	$0
TIM ELDER	DIRECTOR	1.00	Director	$0	$0	$0
THERESA FAY-BUSTILLOS	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN LO	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
YOKO NAKAO	DIRECTOR	1.00	Director	$0	$0	$0
HEMA SUNDARRAJ	DIRECTOR	1.00	Director	$0	$0	$0
KATHERINE SCHNEIDER	DIRECTOR	1.00	Director	$0	$0	$0
TAMARA RORIE	DIRECTOR	1.00	Director	$0	$0	$0
JUNE KLEIN	DIRECTOR	1.00	Director	$0	$0	$0
JAMES FRUCHTERMAN	DIRECTOR	1.00	Director	$0	$0	$0
AYAN KISHORE	CHIEF EXECUTIVE OFFICER	40.00	Officer	$302,254	$32,830	$335,084
MICHAEL JOHNSON	VP CONTENT	40.00	Key Emp	$178,255	$39,759	$218,014
LISA WADORS VERNE	VP PROGRAMS	40.00	Key Emp	$178,011	$41,707	$219,718
AARON FIRESTONE	VP DATA INSIGHTS	40.00	Key Emp	$168,214	$31,383	$199,597
MATTHEW YIP	VP PRODUCT & ENGINEERING	40.00	Key Emp	$157,125	$14,020	$171,145
CHARLES MARK LAPIERRE	ARCHITECT	40.00	Highest	$179,990	$37,125	$217,115
JOHN BRUGGE	ENGINEERING MANAGER	40.00	Highest	$170,389	$55,276	$225,665
JACOB A BROWNELL	PRINCIPAL ENGINEER	40.00	Highest	$172,061	$12,717	$184,778
RONALD K ELLIS III	SENIOR ENGINEER	40.00	Highest	$165,770	$13,156	$178,926
KATHRYN BEEHLER	SENIOR PRODUCT MANAGER	40.00	Highest	$155,177	$10,898	$166,075

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	$10,927,375	$14,038,123	$2,547,397	$-3,110,748
2022	$16,107,648	$16,300,016	$6,571,567	$-192,368
2021	$16,053,151	$14,643,213	$6,239,324	$1,409,938
2020	$15,504,546	$15,323,008	$7,372,573	$181,538
2019	$14,815,412	$14,771,631	$5,233,252	$43,781
2018	$13,780,014	$12,728,000	$5,238,161	$1,052,014

BENEFICENT TECHNOLOGY INC