DUET FOUNDATION (EIN 833778725) - 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

2019

Legal Domicile

Principal Officer

DENNIS LOOSE

Phone

4024446500

Tax Period

2024-01-01 to 2024-12-31

DUET FOUNDATION, founded in 2019, is a small nonprofit in the Human Services sector that reported $102K in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $71K, a strong 70% operating margin.

Mission

TO SUPPORT THE MISSION OF DUET, A SERVICE PROVIDER FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $83,200

Program Service Revenue $0

Investment Income $18,815

Other Revenue $0

TOTAL REVENUE $102,015

Expense Breakdown

Grants Paid $18,703

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,941

Other Expenses $11,903

TOTAL EXPENSES $30,606

Year-over-Year Comparison

	2024	2023	Change
Revenue	$102,015	$64,885	+0.6%
Expenses	$30,606	$61,896	-0.5%
Net Income	$71,409	$2,989	+22.9%

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

Independent Members

Employees

N/A

Volunteers

150

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

$498,837

Total Directors

$171,440

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBBIE HERBEL	PRESIDENT	2.00	Officer Director	$0	$11,094	$171,440
ANDREW DEAVER	DIRECTOR	1.00	Director	$0	$0	$0
TREVOR BROOKS	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN COLVIN	DIRECTOR	1.00	Director	$0	$0	$0
MATT KLUVER	DIRECTOR	1.00	Director	$0	$0	$0
SARAH GRAHAM	TREASURER	5.00	Officer	$0	$11,094	$137,241
MARK GARCIA	CFO	3.00	Officer	$0	$9,058	$114,058
AMANDA STONYS	SECRETARY	5.00	Officer	$0	$12,375	$76,098

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	$102,015	$30,606	$403,520	$71,409
2023	$64,885	$61,896	$314,250	$2,989
2022	$121,007	$117,464	$335,184	$3,543
2021	$275,589	$41,443	$410,165	$234,146

DUET FOUNDATION