ASSISTMENTS FOUNDATION INC (EIN 834228740) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

CRISTINA HEFFERNAN

Phone

5082508763

Tax Period

2024-07-01 to 2025-06-30

ASSISTMENTS FOUNDATION INC, founded in 2019, is a community nonprofit in the Education sector that reported $6.7M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 19% operating margin.

Mission

IMPROVE STUDENT MATH LEARNING THROUGH EVIDENCE-BASED, TEACHER PACED ONLINE TECHNOLOGY

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,665,981

Program Service Revenue $81,504

Investment Income $34

Other Revenue $0

TOTAL REVENUE $6,747,519

Expense Breakdown

Grants Paid $1,090,327

Salaries & Benefits $2,991,769

Fundraising Expenses $67,867

Program Expenses $5,031,223

Other Expenses $1,378,488

TOTAL EXPENSES $5,460,584

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,747,519	$4,441,064	+0.5%
Expenses	$5,460,584	$4,491,650	+0.2%
Net Income	$1,286,935	$-50,586	-26.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$364,534

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NEIL HEFFERNAN	PRESIDENT AND CHAIR OF THE BOARD	2.00	Officer Director	$0	$0	$0
KEVIN QAZILBASH	TREASURER	2.00	Officer Director	$0	$0	$0
ADAM KALAI	DIRECTOR	2.00	Director	$0	$0	$0
BOGDAN VERNESCU	DIRECTOR	2.00	Director	$0	$0	$0
GERALDINE ZANG	DIRECTOR	2.00	Director	$0	$0	$0
BRITT NEUHAUS	CO-EXECUTIVE DIRECTOR	40.00	Officer	$189,706	$8,364	$198,070
CRISTINA HEFFERNAN	CO-EXECUTIVE DIRECTOR	40.00	Officer	$159,954	$6,510	$166,464
TOM BOLTON	VP OF PRODUCT UNTIL 7/2024	40.00	Highest	$152,236	$23,644	$175,880
JANET PINTO	VP OF GROWTH & PARTNERSHIP	40.00	Highest	$141,597	$17,090	$158,687
RYAN EMBERLING	DIRECTOR OF ENGINEERING	40.00	Highest	$120,057	$4,802	$124,859
BRIAN STORY	DIRECTOR OF FINANCE AND OPERATIONS	40.00	Highest	$112,422	$14,278	$126,700
DENISE BARRETT	TUTORING PROGRAM AND PARTNERSHIPS MANAGER	40.00	Highest	$105,420	$26,885	$132,305

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
2025	$6,747,519	$5,460,584	$1,869,336	$1,286,935
2024	$4,441,064	$4,491,650	$698,386	$-50,586
2023	$4,136,957	$4,163,234	$821,775	$-26,277
2022	$2,251,473	$2,820,275	$1,118,633	$-568,802
2021	$2,295,461	$1,706,478	$1,524,381	$588,983
2020	$956,292	$736,359	$686,079	$219,933

ASSISTMENTS FOUNDATION INC