CENTRI TECH FOUNDATION (EIN 824044837) - 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

2018

Legal Domicile

Principal Officer

MARTA URQUILLA

Phone

2029918579

Tax Period

2024-01-01 to 2024-12-31

CENTRI TECH FOUNDATION, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 120% from the prior year, signaling strong growth momentum.

Mission

CENTRI TECH FOUNDATION SUPPORTS LOCAL COMMUNITY DEVELOPMENT ORGANIZATIONS TO SOLVE PROBLEMS IN THEIR COMMUNITY BY BRINGING TOGETHER STAKEHOLDERS TO CREATE SUSTAINABLE ASSET BUILDING SOLUTIONS THAT YIELD LONG TERM ECONOMIC, HEALTH AND EDUCATIONAL ENHANCEMENT TO ITS RESIDENTS BY LEVERAGING TECHNOLOGY AND INNOVATIVE SOLUTIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,201,596

Program Service Revenue $0

Investment Income $80,919

Other Revenue $0

TOTAL REVENUE $1,282,515

Expense Breakdown

Grants Paid $94,426

Salaries & Benefits $450,757

Fundraising Expenses $125,000

Program Expenses $1,079,123

Other Expenses $826,959

TOTAL EXPENSES $1,372,142

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,282,515	$583,896	+1.2%
Expenses	$1,372,142	$2,709,598	-0.5%
Net Income	$-89,627	$-2,125,702	-1.0%

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

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

$203,256

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REY RAMSEY	CHAIR	5.00	Director	$0	$0	$0
WENDELL BROWN	DIRECTOR	2.00	Director	$0	$0	$0
CLYDE EDWARDS	DIRECTOR	2.00	Director	$0	$0	$0
MARTA URQUILLA	PRESIDENT	40.00	Officer	$181,138	$22,118	$203,256
MICHAEL STAPLES	TREASURER & SECRETARY	5.00	Officer	$0	$0	$0
STEVEN TEPLITZ	GENERAL COUNSEL	5.00	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	$1,282,515	$1,372,142	$1,161,462	$-89,627
2023	$583,896	$2,709,598	$1,251,114	$-2,125,702
2022	$183,007	$2,752,868	$3,215,688	$-2,569,861
2021	$4,560,279	$1,176,037	$5,980,349	$3,384,242

CENTRI TECH FOUNDATION