HUBZONE TECHNOLOGY INITIATIVE INC (EIN 833153294) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Legal Domicile

Principal Officer

MATTHEW RAYDO

Tax Period

2024-01-01 to 2024-12-31

HUBZONE TECHNOLOGY INITIATIVE INC is a micro nonprofit in the Science & Technology sector that reported $57K in total revenue in fiscal year 2022. Expenses of $66K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO BRIDGE THE DIGITAL DIVIDE BY PROVIDING INDIVIDUALS WITH TECHNOLOGY TO ACHIEVE THEIR EDUCATIONAL AND CAREER GOALS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $429,364

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $429,364

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,146

Fundraising Expenses $5,420

Program Expenses $305,647

Other Expenses $325,327

TOTAL EXPENSES $328,473

Year-over-Year Comparison

	2024	2023	Change
Revenue	$429,364	$301,152	+0.4%
Expenses	$328,473	$278,136	+0.2%
Net Income	$100,891	$23,016	+3.4%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BROOKE COOK	BOARD MEMBER	N/A	Director	$0	$0	$0
JED DRAKE	BOARD MEMBER	N/A	Director	$0	$0	$0
ROBERT HARPER	BOARD MEMBER	N/A	Director	$0	$0	$0
AARON PALERMO	BOARD MEMBER	N/A	Director	$0	$0	$0
MELISSA PETTIS	BOARD MEMBER	N/A	Director	$0	$0	$0
MATTHEW RAYDO	CEO	N/A	Officer Director	$0	$0	$0
DON WILLIAMS	SECRETARY	N/A	Officer Director	$0	$0	$0
JODY ZEUGNER	TREASURER	N/A	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	$429,364	$328,473	$138,645	$100,891
2023	$301,152	$278,136	$33,252	$23,016
2022	$57,001	$65,712	$8,927	$-8,711

HUBZONE TECHNOLOGY INITIATIVE INC