THE KATAN FOUNDATION INC (EIN 814924918) - 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

Principal Officer

Emil Ghatan

Tax Period

2023-01-01 to 2023-12-31

THE KATAN FOUNDATION INC is a small nonprofit in the Philanthropy & Grantmaking sector that reported $238K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $219K left a modest 8% surplus.

Mission

To provide charitable relief, food and clothing for the needy, orphaned children with mental and Continued on Schedule O, Statement 1

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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 $238,449

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $238,449

Expense Breakdown

Grants Paid $213,654

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $219,349

Other Expenses $5,695

TOTAL EXPENSES $219,349

Year-over-Year Comparison

	2023	2022	Change
Revenue	$238,449	$370,568	-0.4%
Expenses	$219,349	$357,696	-0.4%
Net Income	$19,100	$12,872	+0.5%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Emil Ghatan	President	10	Officer Director	$0	$0	$0
Howard L Diamo	Treasurer	5	Officer Director	$0	$0	$0
Chris Chang	Trustee	5	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
2024	No data	No data	No data	No data
2023	$238,449	$219,349	$25,173	$19,100
2022	$370,568	$357,696	$339	$12,872
2021	$220,241	$238,750	$2,270	$-18,509
2020	$259,352	$244,288	$28,306	$15,064
2019	$324,810	$296,720	$657	$28,090
2018	$545,647	$642,884	$10,036	$-97,237

THE KATAN FOUNDATION INC