PLENUM FOUNDATION (EIN 825349354) - 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

FARHAT SHAMSI

Phone

8323722880

Tax Period

2023-01-01 to 2023-12-31

PLENUM FOUNDATION, founded in 2018, is a micro nonprofit that reported $27K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $25K left a modest 6% surplus.

Mission

Plenum Foundation is organized exclusively for charitable religious and educational purposes

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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 $26,542

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $26,542

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,910

Fundraising Expenses $0

Program Expenses $3,172

Other Expenses $18,940

TOTAL EXPENSES $24,850

Year-over-Year Comparison

	2023	2022	Change
Revenue	$26,542	$49,148	-0.5%
Expenses	$24,850	$37,830	-0.3%
Net Income	$1,692	$11,318	-0.9%

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

N/A

Independent Members

N/A

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FARHAT SHAMSI	OPERATION HEAD	N/A	Director	$0	$0	$0
ZEESHAN SHAMSI	SECRETARY	N/A	Director	$0	$0	$0
FURRUKH SHAMSI	DIRECTOR OUTREACH	N/A	Director	$0	$0	$0
NASEEM RAVAT	TREASURY	N/A	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	$26,542	$24,850	$26,270	$1,692
2022	$49,148	$37,830	$22,826	$11,318
2021	$26,817	$34,477	$11,508	$-7,660
2020	$37,140	$26,744	$16,049	$10,396

PLENUM FOUNDATION