AERAS FOUNDATION (EIN 851405836) - 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

2020

Legal Domicile

Principal Officer

DAVID COLLINS

Tax Period

2024-01-01 to 2024-12-31

AERAS FOUNDATION, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $994K in total revenue in fiscal year 2024. Revenue surged 726% from the prior year, signaling strong growth momentum. Expenses of $952K left a modest 4% surplus.

Mission

PROVIDING TECHNOLOGY TO STUDENTS AND NONPROFITS ORGANIZATIONS THROUGH INDIVIDUAL, COMPANY, AND ORGANIZATION DONATIONS OF USED IT EQUIPMENT.

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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 $955,005

Program Service Revenue $25,023

Investment Income $0

Other Revenue $13,552

TOTAL REVENUE $993,580

Expense Breakdown

Grants Paid $0

Salaries & Benefits $169,151

Fundraising Expenses $2,090

Program Expenses $900,587

Other Expenses $783,023

TOTAL EXPENSES $952,174

Year-over-Year Comparison

	2024	2023	Change
Revenue	$993,580	$120,334	+7.3%
Expenses	$952,174	$157,565	+5.0%
Net Income	$41,406	$-37,231	-2.1%

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

$73,937

Total Directors

$73,937

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID COLLINS	BOARD CHAIR/CEO	30.00	Officer Director	$39,177	$0	$39,177
GERALD SUTTON	BOD TREASURER/CFO	20.00	Officer Director	$20,617	$0	$20,617
MICHELLE LEEPER	DIRECTOR	30.00	Officer Director	$14,143	$0	$14,143
BRETT JARNAGIN	SECRETARY	2.00	Officer Director	$0	$0	$0
CHUAN AVERY	DIRECTOR	1.00	Director	$0	$0	$0
KAMIN ATCHLEY	DIRECTOR	1.00	Director	$0	$0	$0
JERRY BRECKENRIDGE	DIRECTOR	1.00	Director	$0	$0	$0
KATE DEMORY	DIRECTOR	1.00	Director	$0	$0	$0
JASMINE FLORES	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER HADDAD	DIRECTOR	1.00	Director	$0	$0	$0
LANDRA WOMACK	DIRECTOR	1.00	Director	$0	$0	$0
KYLE MOFFATT	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
2024	$993,580	$952,174	$321,397	$41,406
2023	$120,334	$157,565	$850,207	$-37,231
2022	$218,646	$103,259	$126,114	$115,387

AERAS FOUNDATION