PROACT INC (EIN 832100850) - 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

ANGELA SWEARINGEN

Phone

3046974700

Tax Period

2023-01-01 to 2023-12-31

PROACT INC, founded in 2018, is a micro nonprofit in the Mental Health sector that reported $234K in total revenue in fiscal year 2023. Revenue fell 191% from the prior year — a significant decline worth monitoring.

Mission

SUBSTANCE ABUSE TREATMENT AND PREVENTION

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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 $118,823

Program Service Revenue $0

Investment Income $-372,782

Other Revenue $19,788

TOTAL REVENUE $-234,171

Expense Breakdown

Grants Paid $14,825

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $105,012

Other Expenses $90,187

TOTAL EXPENSES $105,012

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-234,171	$257,519	-1.9%
Expenses	$105,012	$418,888	-0.7%
Net Income	$-339,183	$-161,369	+1.1%

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

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
DR STEPHEN PETRANY	DIRECTOR	0.50	Director	$0	$0	$0
VICKIE SMITH	DIRECTOR	0.50	Director	$0	$0	$0
HADASSAH FRYE	DIRECTOR	0.50	Director	$0	$0	$0
BETH HAMMERS	DIRECTOR/PRESIDENT	0.50	Officer Director	$0	$0	$0
HOYT BURDICK	DIRECTOR/VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
ANGIE SWEARINGEN	DIRECTOR/SECRETARY/TREASUR	0.50	Officer 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	$-234,171	$105,012	$98,446	$-339,183
2022	$257,519	$418,888	$1,376,290	$-161,369
2021	$541,386	$366,255	$1,613,392	$175,131
2020	$732,681	$683,247	$1,385,793	$49,434
2019	$586,195	$515,754	$1,739,902	$70,441
2018	$323,778	$300,839	$1,534,371	$22,939

PROACT INC