Blockchain Institute (EIN 824193542) - 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

3126081494

Tax Period

2020-01-01 to 2020-12-31

Blockchain Institute, founded in 2017, is a small nonprofit that reported $250K in total revenue in fiscal year 2019. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $550K exceeded revenue, resulting in a 120% operating deficit.

Mission

The Institute is an Illinois not for profit corporation. The Institute is organized and operated exclusively for educational and charitable purposes within the meaning of section 501(c)(3) of the Code. Specifically, the mission of the Institute is to create educational materials and courses as well as host and sponsor public events to educate the public on the use, development and adoption of blockchain technology. Blockchain is a series of records, each containing information, that are linked securely using cryptography. It has been described as an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. A blockchain may be available to the public or it may be available to a specified set of users.

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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 (2020)

Revenue Breakdown

Contributions & Grants $250,054

Program Service Revenue $0

Investment Income $-81

Other Revenue $0

TOTAL REVENUE $249,973

Expense Breakdown

Grants Paid $0

Salaries & Benefits $283,814

Fundraising Expenses $0

Program Expenses $371,173

Other Expenses $87,359

TOTAL EXPENSES $371,173

Year-over-Year Comparison

	2020	2019	Change
Revenue	$249,973	$250,003	0.0%
Expenses	$371,173	$549,723	-0.3%
Net Income	$-121,200	$-299,720	-0.6%

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

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

$3,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Hannah Rosenberg	Director	0.38	Director	$3,250	$0	$3,250
Taylor Gerring	Director	30.00	Director	$0	$0	$0
Andrew Gordon	Director	0.38	Director	$0	$0	$0
Jason Kin Hoi Fang	Director	0.38	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
2020	$249,973	$371,173	$110,343	$-121,200
2019	$250,003	$549,723	$150,749	$-299,720

Blockchain Institute