NATIONAL INNOVATION AND TECHNOLOGY… - Form 990 Financial Data

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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

Tax Period

2023-01-01 to 2023-12-31

NATIONAL INNOVATION AND TECHNOLOGY NETWORK, founded in 2020, is a micro nonprofit in the Community Improvement sector that reported $766 in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring.

Mission

SUPPORTS EFFORTS TO ADDRESS EDUCATION AND WORKFORCE DEVELOPMENT. ALSO LOOKING TO HELP COMMUNITIES THROUGH THE CREATION OF JOBS AND SUSTAINABLE WAGES. ACTIVITIES ARE ABOUT PROMOTING COMMUNITIES AND BUILDING SUSTAINABILITY IN RURAL AMERICA.

Program Service Accomplishments

Program 1

Expenses: $151

THE PURPOSE OF THE GRANT IS THE PILOT THE TECH ACADEMY PROGRAM THAT WILL PROVIDE WORK BASED AND EXPERIENTIAL LEARNING ENVIRONMENT FOR PARTICIPANTS BY PROVIDING MENTORSHIP AND TRAINING AS THE LATTER...

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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 $766

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $766

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $151

Other Expenses $766

TOTAL EXPENSES $766

Year-over-Year Comparison

	2023	2022	Change
Revenue	$766	$1,151	-0.3%
Expenses	$766	$487,351	-1.0%
Net Income	$0	$-486,200	-1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEOFFREY S CAZES	VICE PRESIDENT	10.00	Officer	$0	$0	$0
JO CAZES	SECRETARY TREASURER	10.00	Officer	$0	$0	$0
GEOFFREY M CAZES	PRESIDENT	10.00	Officer	$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	$766	$766	$200	No data
2022	$1,151	$487,351	$200	$-486,200
2021	$486,400	No data	$486,400	No data

NATIONAL INNOVATION AND TECHNOLOGY NETWORK