CRASS FOUNDATION INC (EIN 814644069) - 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

STEPHEN CRASS

Phone

8005195667

Tax Period

2021-01-01 to 2021-12-31

CRASS FOUNDATION INC, founded in 2016, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $5K in total revenue in fiscal year 2021. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $21K exceeded revenue, resulting in a 323% operating deficit.

Mission

THE CORPORATION SHALL BE ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLEAND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THEINTERNAL REVENUE CODE OF 1986, AS NOW ENACTED OR HEREAFTER AMENDED. ALL FUNDS, WHETHER ACQUIRED BY GIFT, CONTRIBUTION, OR OTHERWISE, SHALL BEDEVOTED TO SAID PURPOSE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $1,050

Program Service Revenue $0

Investment Income $3,841

Other Revenue $0

TOTAL REVENUE $4,891

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,700

Other Expenses $700

TOTAL EXPENSES $20,700

Year-over-Year Comparison

	2021	2020	Change
Revenue	$4,891	$53,326	-0.9%
Expenses	$20,700	$3,720	+4.6%
Net Income	$-15,809	$49,606	-1.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
NATHAN HEARNS	DIRECTOR	Director	$0	$0	$0
SHEA MCCONAHAY	DIRECTOR	Director	$0	$0	$0
STEPHEN CRASS	PRESIDENT	Officer	$0	$0	$0
DARLA CRASS	VICE PRESIDENT	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
2021	$4,891	$20,700	$621,346	$-15,809
2020	$53,326	$3,720	$636,943	$49,606
2019	$202,547	$13,160	$589,585	$189,387
2018	$-3,169	No data	$399,656	No data

CRASS FOUNDATION INC