NEEDATECH STAFFING INC (EIN 811155496) - 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

2016

Legal Domicile

Principal Officer

JAIME DELGADO

Phone

5629405453

Tax Period

2023-01-01 to 2023-12-31

NEEDATECH STAFFING INC, founded in 2016, is a small nonprofit that reported $412K in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $597K exceeded revenue, resulting in a 45% operating deficit.

Mission

NEEDATECH IS DEDICATED TO CREATING A PATHWAY TO SELF-SUFFICIENCY FOR INDIVIDUALS IN NEED, BY PROVIDING THE RESOURCES AND SUPPORT NEEDED TO FIND AND RETAIN EMPLOYMENT.

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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 $0

Program Service Revenue $412,411

Investment Income $0

Other Revenue $0

TOTAL REVENUE $412,411

Expense Breakdown

Grants Paid $0

Salaries & Benefits $487,044

Fundraising Expenses $0

Program Expenses $518,442

Other Expenses $110,385

TOTAL EXPENSES $597,429

Year-over-Year Comparison

	2023	2022	Change
Revenue	$412,411	$1,034,254	-0.6%
Expenses	$597,429	$735,640	-0.2%
Net Income	$-185,018	$298,614	-1.6%

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

$102,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ENRIQUE COBARRUBIAS	DIRECTOR	1.00	Director	$0	$0	$0
JAIME DELGADO	PRESIDENT AND EXECUTIVE DI	40.00	Officer	$90,000	$0	$90,000
EILEEN A DELGADO	SECRETARY	8.00	Officer	$12,000	$0	$12,000
CHRISTOPHER FLORES	BOARD CHAIR	1.00	Officer	$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
2024	No data	No data	No data	No data
2023	$412,411	$597,429	$213,983	$-185,018
2022	$1,034,254	$735,640	$436,780	$298,614
2021	$358,324	$328,749	$130,455	$29,575
2020	$175,615	$196,171	$117,436	$-20,556
2019	$108,031	$158,006	$41,655	$-49,975
2018	$275,840	$301,588	$124,982	$-25,748

NEEDATECH STAFFING INC