C-TAC INNOVATIONS INC (EIN 814231690) - 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

STEPHANIE ANDERSON

Phone

5155059303

Tax Period

2023-01-01 to 2023-12-31

C-TAC INNOVATIONS INC, founded in 2016, is a small nonprofit in the Health Care sector that reported $940K in total revenue in fiscal year 2023. The organization ran a surplus of $189K, a strong 20% operating margin.

Mission

TO SERVE AS AN INTERNATIONALLY RECOGNIZED, EVIDENCE BASED SYSTEM FOR PERSONCENTERED DECISION MAKING THAT TRANSFORMS THE HEALTHCARE CULTURE BY HONORING AN INDIVIDUAL'S GOALS AND VALUES.

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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 $306,344

Program Service Revenue $633,457

Investment Income $202

Other Revenue $0

TOTAL REVENUE $940,003

Expense Breakdown

Grants Paid $0

Salaries & Benefits $396,584

Fundraising Expenses $0

Program Expenses $461,720

Other Expenses $353,993

TOTAL EXPENSES $750,577

Year-over-Year Comparison

	2023	2022	Change
Revenue	$940,003	$960,031	0.0%
Expenses	$750,577	$1,183,289	-0.4%
Net Income	$189,426	$-223,258	-1.8%

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

$138,915

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
J THOMAS KOUTSOUMPAS	PRESIDENT	20.00	Officer	$0	$0	$0
RICHARD UMBDENSTOCK	DIRECTOR	6.00	Officer	$0	$0	$0
STEPHANIE ANDERSON	EXECUTIVE DIRECTOR	50.00	Officer	$138,915	$0	$138,915
WILLIAM NOVELLI	DIRECTOR, SECRETARY, TREAS	10.00	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	$940,003	$750,577	$88,464	$189,426
2022	$960,031	$1,183,289	$620,566	$-223,258
2021	$1,099,324	$1,156,708	$761,056	$-57,384
2020	$980,341	$1,160,408	$562,795	$-180,067
2019	$1,621,947	$1,876,487	$576,875	$-254,540
2018	$2,031,945	$2,446,337	$586,435	$-414,392

C-TAC INNOVATIONS INC