Interapt Foundation Inc

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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

VIJAY GOPAL

Phone

5025513223

Tax Period

2021-01-01 to 2021-12-31

Interapt Foundation Inc, founded in 2016, is a small nonprofit in the Employment sector that reported $234K in total revenue in fiscal year 2021. Revenue surged 134% from the prior year, signaling strong growth momentum. Expenses of $303K exceeded revenue, resulting in a 30% operating deficit.

Mission

To offer training scholarships to individuals entering or hoping to enter the technology industry. We offer a simple vehicle for any type of donor to give the gift of knowledge. This program is geared towards up-skilling or re-skilling people transitioning into a career in technology. The net effect will be a living wage in an industry that has a forever trajectory.

Program Service Accomplishments

Program 1

Expenses: $303,425 Revenue: $0

TRAINING PROGRAMS COMPLETED IN COLLABORATION WITH FRANKFORT SCHOOLS (18 PEOPLE TRAINED AND 13 PLACED IN FULL TIME JOB POSITIONS WITH A LARGE MULTI NATIONAL EMPLOYER) AND ONEWEST (THE BUILDING...

TRAINING PROGRAMS COMPLETED IN COLLABORATION WITH FRANKFORT SCHOOLS (18 PEOPLE TRAINED AND 13 PLACED IN FULL TIME JOB POSITIONS WITH A LARGE MULTI NATIONAL EMPLOYER) AND ONEWEST (THE BUILDING INFORMATION MODELING AND CERTIFICATION TRAINING PROGRAM).

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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 $233,775

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $233,775

Expense Breakdown

Grants Paid $303,370

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $303,425

Other Expenses $55

TOTAL EXPENSES $303,425

Year-over-Year Comparison

	2021	2020	Change
Revenue	$233,775	$100,000	+1.3%
Expenses	$303,425	N/A	N/A
Net Income	$-69,650	$100,000	-1.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VIJAY GOPAL	CHAIRMAN OF THE BOARD	0.0	Officer Director	$0	$0	$0
WILLIAM MARNIX WARREN	DIRECTOR	10.0	Director	$0	$0	$0
GREGG ROCHMAN	DIRECTOR	10.0	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
2021	$233,775	$303,425	$30,350	$-69,650