FIRST TRUST TEAM CORPORATION (EIN 820687539) - 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

2017

Legal Domicile

Phone

4435425890

Tax Period

2022-01-01 to 2022-12-31

FIRST TRUST TEAM CORPORATION, founded in 2017, is a micro nonprofit in the Education sector that reported $58K in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $37K, a strong 63% operating margin.

Mission

ORGANIZED FINANCIAL AND BUSINESS MANAGEMENT LITERACY CLASSES FOR ITS MEMBERS COVERING TOPICS ON STARTING BUSINESS AND ENTREPRENEURSHIP AND INSURANCE

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $58,358

Investment Income $0

Other Revenue $0

TOTAL REVENUE $58,358

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,560

Other Expenses $21,829

TOTAL EXPENSES $21,829

Year-over-Year Comparison

	2022	2021	Change
Revenue	$58,358	$51,284	+0.1%
Expenses	$21,829	$12,088	+0.8%
Net Income	$36,529	$39,196	-0.1%

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

N/A

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
MICHEL PENKA	Chairman	1.00	Director	$0	$0	$0
ADRIEN A ATONFACK	Executive Dir.	1.00	Director	$0	$0	$0
BRENDALINE B SOP	Secretary	1.00	Director	$0	$0	$0
DR CONSTANCE N EBONG	Director	1.00	Director	$0	$0	$0
FAUSTIN MAGNON	Director	1.00	Director	$0	$0	$0
RACHELE MIMI N TCHOMNOU	Director	1.00	Director	$0	$0	$0
JEAN-PIERRE BASSI BIKAI	Treasurer	1.00	Director	$0	$0	$0
SANTO BROWHILDA	Director	1.00	Director	$0	$0	$0
TATAW VICTOR	Director	1.00	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
2022	$58,358	$21,829	$705,824	$36,529
2021	$51,284	$12,088	$669,261	$39,196
2020	$182,233	$15,710	$630,072	$166,523
2020	$182,233	$15,710	$630,072	$166,523

FIRST TRUST TEAM CORPORATION