FinOps Foundation Inc

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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

JASON STORMENT

Phone

8089891227

Tax Period

2020-01-01 to 2020-12-31

FinOps Foundation Inc, founded in 2019, is a small nonprofit that reported $329K in total revenue in fiscal year 2020. Expenses of $365K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROMOTE THE GENERAL WELFARE AND COMMON BUSINESS INTERESTS OF THE CLOUD FINANCIAL MANAGEMENT INDUSTRY.

Program Service Accomplishments

Program 1

THE FINOPS FOUNDATION WORKED WITH THE COMMUNITY TO DEFINE CLOUD FINANCIAL MANAGEMENT EDUCATION AND STANDARDS, AND TO ADVANCE THE UBIQUITY OF THIS DISCIPLINE ACROSS INDUSTRIES. THE ORGANIZATION...

THE FINOPS FOUNDATION WORKED WITH THE COMMUNITY TO DEFINE CLOUD FINANCIAL MANAGEMENT EDUCATION AND STANDARDS, AND TO ADVANCE THE UBIQUITY OF THIS DISCIPLINE ACROSS INDUSTRIES. THE ORGANIZATION SUPPORTED THE PROFESSIONALS LEADING THIS WORK BY PROVIDING DEVELOPMENT, TRAINING, EVENTS AND CERTIFICATION PROGRAMS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $328,823

Investment Income $0

Other Revenue $0

TOTAL REVENUE $328,823

Expense Breakdown

Grants Paid $116,988

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $247,608

TOTAL EXPENSES $364,596

Year-over-Year Comparison

	2020	2019	Change
Revenue	$328,823	N/A	N/A
Expenses	$364,596	N/A	N/A
Net Income	$-35,773	N/A	N/A

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

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
JASON STORMENT	President	5.00	Director	$0	$0	$0
ASHLEY HROMATKO	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH DALY	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL FULLER	BOARD MEMBER	1.00	Director	$0	$0	$0
JASON FULLER	BOARD MEMBER	1.00	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
2020	$328,823	$364,596	No data	$-35,773