THE THANC FOUNDATION INC (EIN 800062118) - 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

2003

Legal Domicile

Phone

6466853982

Tax Period

2023-01-01 to 2023-12-31

THE THANC FOUNDATION INC, founded in 2003, is a community nonprofit in the Diseases & Disorders sector that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $1.1M left a modest 14% surplus.

Mission

SUPPORT RESEARCH AND EDUCATION IN EARLY DETECTION AND TREATMENT OF THYROID, HEAD AND NECK CANCER.

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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 $1,342,143

Program Service Revenue $0

Investment Income $128,273

Other Revenue $-173,486

TOTAL REVENUE $1,296,930

Expense Breakdown

Grants Paid $0

Salaries & Benefits $661,070

Fundraising Expenses $154,242

Program Expenses $709,619

Other Expenses $449,838

TOTAL EXPENSES $1,110,908

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,296,930	$1,465,275	-0.1%
Expenses	$1,110,908	$1,003,424	+0.1%
Net Income	$186,022	$461,851	-0.6%

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

Total Directors

$10,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIKA RAUSCHER	EXECUTIVE DIRECTOR	40.00		$236,023	$0	$236,023
JESSE FISHER	CREATIVE DIRECTIOR	40.00		$107,500	$0	$107,500
MARK L URKEN MD	Medical Advisor	15.00	Director	$10,000	$0	$10,000
DAVID HIRSH	Chairman	2.00	Officer Director	$0	$0	$0
JACK GARRATY	Secretary	3.00	Officer Director	$0	$0	$0
CRAIG BEDEN	Director	0.20	Director	$0	$0	$0
WYNN PLAUT	Director	0.20	Officer Director	$0	$0	$0
JOHN CONKLIN III	Treasurer	0.20	Officer Director	$0	$0	$0
HANLEY DAWSON IV	Director	0.20	Director	$0	$0	$0
LARRY LEVY	Director	0.20	Director	$0	$0	$0
LESLEY NAN HABERMAN	Director	0.20	Director	$0	$0	$0
GARY LEVY	Director	0.20	Director	$0	$0	$0
MINDI MOND	Director	0.20	Director	$0	$0	$0
DEVIN OKAYDDS	Director	0.20	Director	$0	$0	$0
DONNA GOLDEN	Director	0.20	Director	$0	$0	$0
GREG GERONEMUS	Director	0.20	Director	$0	$0	$0
RICH MARTIN	Director	0.20	Officer Director	$0	$0	$0
ELLIOT BERNERD	Director	0.20	Director	$0	$0	$0
DANIEL BUCHBINDER DMD MD	Director	0.20	Director	$0	$0	$0
ANDREW FRIEDWALD	Director	0.20	Director	$0	$0	$0
ARLENE KATZ SPITZER	Director	0.20	Director	$0	$0	$0
PATRICIA MCCARTHY	Director	0.20	Director	$0	$0	$0
STEPHEN MILSTEIN	Director	0.20	Director	$0	$0	$0
LINDA SWALLING	Director	0.20	Director	$0	$0	$0
MITCH KUFLIK	Director	0.20	Director	$0	$0	$0
JARED KANEFSKY	Director	0.20	Director	$0	$0	$0
STEVEN BLACK	Director	0.20	Director	$0	$0	$0
RAYMOND CHAI MD	Director	0.20	Director	$0	$0	$0
JESSE FISHER	N/A	0.00		$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,296,930	$1,110,908	$5,897,324	$186,022
2022	$1,465,275	$1,003,424	$5,621,999	$461,851
2021	$1,339,976	$998,222	$5,679,438	$341,754
2020	$1,619,224	$1,053,024	$5,636,446	$566,200
2019	$2,169,119	$1,375,184	$5,217,589	$793,935
2018	$2,176,125	$1,467,344	$4,473,664	$708,781

THE THANC FOUNDATION INC