Acquisition Science

EIN: 824485501 501(c)(3)

Irvine, CA

Total Revenue
$649,561
Total Expenses
$1,199,137
Total Assets
$1,064,012
Net Assets
$299,558
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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
CA
Tax Period
2021-01-01 to 2021-12-31

Acquisition Science, founded in 2018, is a small nonprofit that reported $650K in total revenue in fiscal year 2021. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 85% operating deficit.

Mission

Promote philantrophy within the community.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $1,276,159
Program Service Revenue $0
Investment Income $11,829
Other Revenue $-638,427
TOTAL REVENUE $649,561

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $55,556
Fundraising Expenses $0
Program Expenses $1,000
Other Expenses $1,142,581
TOTAL EXPENSES $1,199,137

Year-over-Year Comparison

2021 2020 Change
Revenue $649,561 $991,915 -0.3%
Expenses $1,199,137 $142,781 +7.4%
Net Income $-549,576 $849,134 -1.6%
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

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Governance

Voting Members
1
Independent Members
1
Employees
1
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
1
$28,167
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gar Y Lee CEO 20.00
Officer
$28,167 $0 $28,167
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
2021 $649,561 $1,199,137 $1,064,012 $-549,576
2020 $607,427 $142,781 $983,534 $464,646
2018 $239,000 No data $239,000 No data
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