VERTUASSETS FOUNDATION INC (EIN 822328799) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

PAMELA PUGH

Phone

6787536040

Tax Period

2023-01-01 to 2023-12-31

VERTUASSETS FOUNDATION INC, founded in 2017, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.9M in total revenue in fiscal year 2023. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $11.8M exceeded revenue, resulting in a 138% operating deficit.

Mission

ENABLE DONATIONS OF ASSETS TO FUND CAUSES BENEFITING THOSE IN NEED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,028,170

Program Service Revenue $0

Investment Income $-77,464

Other Revenue $-6,978

TOTAL REVENUE $4,943,728

Expense Breakdown

Grants Paid $11,427,665

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,588,285

Other Expenses $340,967

TOTAL EXPENSES $11,768,632

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,943,728	$37,486,655	-0.9%
Expenses	$11,768,632	$26,898,148	-0.6%
Net Income	$-6,824,904	$10,588,507	-1.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
PAMELA PUGH	PRESIDENT/DIRECTOR	30.00	Officer Director	$0	$0	$0
DANA E RING	SECR./TREAS./DIRECTOR	2.00	Officer Director	$0	$0	$0
RAY TYLER	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
2024	No data	No data	No data	No data
2023	$4,943,728	$11,768,632	$16,282,082	$-6,824,904
2022	$37,486,655	$26,898,148	$22,054,666	$10,588,507
2021	$9,672,097	$7,687,328	$11,318,136	$1,984,769
2020	$6,216,167	$3,916,676	$9,269,385	$2,299,491
2019	$3,067,297	$4,015,575	$6,471,797	$-948,278

VERTUASSETS FOUNDATION INC