PRAESTOLARI INC (EIN 842695237) - 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

CHANDRA HANSON

Phone

8502968420

Tax Period

2023-01-01 to 2023-12-31

PRAESTOLARI INC, founded in 2019, is a micro nonprofit that reported $57K in total revenue in fiscal year 2023. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $2.2M exceeded revenue, resulting in a 3746% operating deficit.

Mission

PRAESTOLARI SEES IN THE EXPERIENCE AND AFTERMATH OF CONFINEMENT BOTH: UNIQUELY FERTILE GROUND FOR DEVELOPING A REGULAR CONTEMPLATIVE PRACTICE, AND SPECIFIC NEEDS, BARRIERS AND CHALLENGES THAT, IF NOT ADDRESSED, MAKE IT DIFFICULT OR IMPOSSIBLE TO CONSISTENTLY ENGAGE A CONTEMPLATIVE LIFESTYLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,500

Program Service Revenue $0

Investment Income $54,483

Other Revenue $0

TOTAL REVENUE $56,983

Expense Breakdown

Grants Paid $2,100,724

Salaries & Benefits $4,258

Fundraising Expenses $0

Program Expenses $2,167,648

Other Expenses $86,837

TOTAL EXPENSES $2,191,819

Year-over-Year Comparison

	2023	2022	Change
Revenue	$56,983	$2,048,215	-1.0%
Expenses	$2,191,819	$11,616	+187.7%
Net Income	$-2,134,836	$2,036,599	-2.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHANDRA HANSON	PRESIDENT	20.00	Officer Director	$0	$0	$0
SHARON FIALCO	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
ERIC MCINTOSH	SECRETARY	1.00	Officer Director	$0	$0	$0
JOSHUA STANCIL	DIRECTOR	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
2023	$56,983	$2,191,819	No data	$-2,134,836
2022	$2,048,215	$11,616	$2,113,295	$2,036,599

PRAESTOLARI INC