KAUFFMAN FASTTRAC INC (EIN 841272099) - 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

1994

Legal Domicile

Principal Officer

JAMIE MILLER

Phone

8169321000

Tax Period

2024-01-01 to 2024-12-31

KAUFFMAN FASTTRAC INC, founded in 1994, is a micro nonprofit in the Education sector that reported $52K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $232K exceeded revenue, resulting in a 346% operating deficit.

Mission

DEVELOP AND DELIVER EDUC PROGRAMS THAT (1) HELP ENTREPRENEURS LEARN ABOUT LAUNCHING NEW VENTURES OR GROWING EXISTING ONES, AND (2) TRAIN SELF-SUFFICIENT AND THOUGHTFUL LEADERS.

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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 $47,210

Program Service Revenue $4,900

Investment Income $0

Other Revenue $0

TOTAL REVENUE $52,110

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $227,605

Other Expenses $232,193

TOTAL EXPENSES $232,193

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,110	$85,019	-0.4%
Expenses	$232,193	$263,391	-0.1%
Net Income	$-180,083	$-178,372	+0.0%

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

N/A

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

$1,511,837

Total Directors

$1,511,837

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN TYLER	BOARD MEMBER/SECRETARY	1.00	Officer Director	$0	$48,242	$607,826
KRISTIN BECHARD	BOARD MEMBER/TREASURER	2.00	Officer Director	$0	$76,422	$491,155
SUSAN KLUSMEIER	BOARD MEMBER/PRESIDENT	5.00	Officer Director	$0	$61,596	$412,856
PHILIP GASKIN	FORMER PRESIDENT	0.00		$0	$10,393	$404,849

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	$52,110	$232,193	$118,112	$-180,083
2023	$85,019	$263,391	$298,195	$-178,372
2022	$345,395	$548,395	$480,983	$-203,000
2021	$123,918	$275,007	$679,567	$-151,089
2020	$5,691	$170,155	$830,656	$-164,464

KAUFFMAN FASTTRAC INC