EINSTRONG FOUNDATION

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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

JANET ZAKAS

Phone

6266952370

Tax Period

2023-01-01 to 2023-12-31

EINSTRONG FOUNDATION, founded in 2019, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $702K, a strong 46% operating margin.

Mission

TO HELP CLOSE THE WORLD WIDE LITERACY GAP BY PROVIDING FREE ACCESS TO READING AND NUMERACY CURRICULUM VIA ADULT LITERACY APPS.

Program Service Accomplishments

Program 1

Expenses: $831,072

TO HELP CLOSE THE WORLD WIDE LITERACY GAP BY PROVIDING FREE ACCESS TO READING AND NUMERACY CURRICULUM VIA ADULT LITERACY APPS.PROVIDED MONTHLY MONETARY ASSISTANCE TO INDIVIDUALS AND FAMILIES IN...

TO HELP CLOSE THE WORLD WIDE LITERACY GAP BY PROVIDING FREE ACCESS TO READING AND NUMERACY CURRICULUM VIA ADULT LITERACY APPS.PROVIDED MONTHLY MONETARY ASSISTANCE TO INDIVIDUALS AND FAMILIES IN COMPELLING NEED, AND CONTRIBUTE AND FOSTER SOCIAL DEVELOPMENT TO LIFT PEOPLE OUT OF THE POVERTY CYCLE THROUGH EDUCATION. PROVIDED DONATIONS TO COLUMBIA UNIVERSITY IN ORDER FOR THEM TO HIRE AN ADDITIONALPROFESSOR. CONTRIBUTED TO ORGANIZATIONS EDUCATING THE PUBLIC ON LOWERING THEIR ENVIRONMENTAL IMPACT.

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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 $1,532,850

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,532,850

Expense Breakdown

Grants Paid $149,833

Salaries & Benefits $521,350

Fundraising Expenses $0

Program Expenses $831,072

Other Expenses $159,889

TOTAL EXPENSES $831,072

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,532,850	$748,080	+1.0%
Expenses	$831,072	$459,619	+0.8%
Net Income	$701,778	$288,461	+1.4%

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
EMUN ZABIHI	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JANET ZAKAS	CFO	1.00	Officer Director	$0	$0	$0
CLARICE HOVESEPIAN	SECRETARY	1.00	Officer Director	$0	$0	$0
TAEWOOK KANG	HEAD OF ENGINEERING	40.00	Highest	$212,308	$21,571	$233,879
MYANNA DELLINGER	ED, IN HOUSE COUSEL	40.00	Highest	$160,000	$8,350	$168,350

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	$1,532,850	$831,072	$1,017,942	$701,778
2022	$748,080	$459,619	$311,283	$288,461