PROJECT TO ADVANCE STENOGRAPHIC REPORTING INC (EIN 823189873) - 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

Principal Officer

WILLIAM E WEBER

Phone

5084380314

Tax Period

2023-07-01 to 2024-06-30

PROJECT TO ADVANCE STENOGRAPHIC REPORTING INC, founded in 2017, is a micro nonprofit in the Education sector that reported $57K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $137K exceeded revenue, resulting in a 140% operating deficit.

Mission

TO SPREAD AWARENESS OF THE PROFESSION OF STENOGRAPHIC REPORTING; TO RECRUIT NEW STUDENTS INTO PARTNERSHIP STENOGRAPHIC REPORTING SCHOOLS AND PROVIDE FINANCIAL ASSISTANCE

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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 $56,975

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $56,975

Expense Breakdown

Grants Paid $22,500

Salaries & Benefits $0

Fundraising Expenses $4,800

Program Expenses $47,433

Other Expenses $114,121

TOTAL EXPENSES $136,621

Year-over-Year Comparison

	2023	2022	Change
Revenue	$56,975	$77,723	-0.3%
Expenses	$136,621	$110,686	+0.2%
Net Income	$-79,646	$-32,963	+1.4%

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
NATIVA WOOD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTINE WILLETTE	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM E WEBER	PRESIDENT	1.00	Officer	$0	$0	$0
NATIVA WOOD	SECRETARY	1.00	Officer	$0	$0	$0
GLYN POAGE	TREASURER	1.00	Officer	$0	$0	$0
NANCY VARALLO	EXECUTIVE DIRECTOR	1.00	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
2024	$56,975	$136,621	$99,386	$-79,646
2023	$77,723	$110,686	$179,032	$-32,963
2022	$189,719	$129,511	$211,995	$60,208
2021	$170,611	$161,235	$117,882	$9,376
2020	$243,003	$201,681	$108,506	$41,322

PROJECT TO ADVANCE STENOGRAPHIC REPORTING INC