HEALTHY AIR RESEARCH AND CERTIFICATION AUTHORITY INC (EIN 810706431) - 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

2015

Legal Domicile

Principal Officer

JACKI DONNER

Phone

8472768603

Tax Period

2020-01-01 to 2020-12-31

HEALTHY AIR RESEARCH AND CERTIFICATION AUTHORITY INC, founded in 2015, is a small nonprofit in the Environment sector that reported $455K in total revenue in fiscal year 2020. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $441K left a modest 3% surplus.

Mission

HARCA PROMOTES PUBLIC UNDERSTANDING OF THE BENEFITS OF HEALTHY (CONTINUED ON SHCEDULE O) INDOOR AIR AND OF THE DEVICES AND METHODS THAT IMPROVE THE QUALITY OF INDOOR AIR.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $455,308

Investment Income $0

Other Revenue $0

TOTAL REVENUE $455,308

Expense Breakdown

Grants Paid $0

Salaries & Benefits $406,506

Fundraising Expenses $0

Program Expenses $435,800

Other Expenses $34,905

TOTAL EXPENSES $441,411

Year-over-Year Comparison

	2020	2019	Change
Revenue	$455,308	$361,079	+0.3%
Expenses	$441,411	$351,459	+0.3%
Net Income	$13,897	$9,620	+0.4%

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

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

$156,329

Total Directors

$156,329

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES SWEENEY	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD KARG	DIRECTOR	1.00	Director	$0	$0	$0
JACQUELYN DONNER	SECRETARY/EXECUTIVE DIRECT	4.00	Officer Director	$0	$9,472	$156,329
JOE MEDOSCH	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SAUNDERS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN FOX	PRESIDENT	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
2020	$455,308	$441,411	$96,531	$13,897
2019	$361,079	$351,459	$82,634	$9,620
2018	$416,407	$375,307	$73,014	$41,100

HEALTHY AIR RESEARCH AND CERTIFICATION AUTHORITY INC