FORM5 PROSTHETICS INC (EIN 823555210) - 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

AARON WESTBROOK

Phone

6142261141

Tax Period

2023-01-01 to 2023-12-31

FORM5 PROSTHETICS INC, founded in 2017, is a small nonprofit in the Health Care sector that reported $301K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $94K, a strong 31% operating margin.

Mission

EMPOWERING PEOPLE TO SUCCESSFULLY INTERACT WITH THEIR WORLD AND THEIR FUTURE.

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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 $294,081

Program Service Revenue $4,386

Investment Income $2,688

Other Revenue $0

TOTAL REVENUE $301,155

Expense Breakdown

Grants Paid $0

Salaries & Benefits $70,217

Fundraising Expenses $12,286

Program Expenses $150,833

Other Expenses $136,775

TOTAL EXPENSES $206,992

Year-over-Year Comparison

	2023	2022	Change
Revenue	$301,155	$273,934	+0.1%
Expenses	$206,992	$132,774	+0.6%
Net Income	$94,163	$141,160	-0.3%

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

Volunteers

100

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

$49,577

Total Directors

$49,577

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON WESTBROOK	FOUNDER/ CEO	40.00	Officer Director	$49,577	$0	$49,577
KAYLYNN LORENZ	TREASURER	1.00	Officer Director	$0	$0	$0
LIBIN BABU	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER HORVATH	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DR RAYMOND WURAPA	BOARD MEMBER	1.00	Director	$0	$0	$0
JAY PERKINS	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
JIM BROSNAHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE VOTAW	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
JACKIE OGDEN	SECRETARY	1.00	Officer Director	$0	$0	$0
SUSAN MONTGOMERY	BOARD MEMBER	1.00	Director	$0	$0	$0
DR LAURA COHEN	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDSEY AUSTIN	BOARD MEMBER	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	$301,155	$206,992	$341,954	$94,163
2022	$273,934	$132,774	$247,791	$141,160

FORM5 PROSTHETICS INC