86WASTE

EIN: 833430243 501(c)(3)

SOMERVILLE, MA

Total Revenue
$300
Total Expenses
$4,264
Total Assets
N/A
Net Assets
N/A
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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
2019
Legal Domicile
MA
Principal Officer
MAUREEN HAUTANIEMI
Phone
6177591865
Tax Period
2022-01-01 to 2022-12-31

86WASTE, founded in 2019, is a micro nonprofit that reported $300 in total revenue in fiscal year 2022. Expenses of $4K exceeded revenue, resulting in a 1321% operating deficit.

Mission

TO CONDUCT EDUCATION AND TRAINING ON BEST PRACTICES FOSTERING SUSTAINABILITY IN THE RESTAURANT AND RELATED FOOD AND BEVERAGE INDUSTRIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $300
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $300

Expense Breakdown

Grants Paid $4,194
Salaries & Benefits $0
Fundraising Expenses $17
Program Expenses $4,194
Other Expenses $70
TOTAL EXPENSES $4,264

Year-over-Year Comparison

2022 2021 Change
Revenue $300 N/A N/A
Expenses $4,264 $947 +3.5%
Net Income $-3,964 $-947 +3.2%
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
2
Independent Members
N/A
Employees
N/A
Volunteers
2

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICK KORN PRESIDENT 1.00
Officer Director
$0 $0 $0
MAUREEN HAUTANIEMI TREASURER 1.00
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
2022 $300 $4,264 No data $-3,964
2021 No data $947 $4,264 No data
2020 No data $2,177 $5,211 No data
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