PARASOL COOPERATIVE FOUNDATION (EIN 851859235) - 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

MEGHANA SHAH

Phone

8667233890

Tax Period

2024-01-01 to 2024-12-31

PARASOL COOPERATIVE FOUNDATION, founded in 2020, is a small nonprofit in the Human Services sector that reported $195K in total revenue in fiscal year 2024. Revenue surged 510% from the prior year, signaling strong growth momentum. Expenses of $267K exceeded revenue, resulting in a 37% operating deficit.

Mission

THE PARASOL COOPERATIVE IS A 501C3 NONPROFIT ORGANIZATION WHOSE MISSION IS TO CREATE A SAFER WORLD BY LEVERAGING TECHNOLOGY TO PROTECT AND SUPPORT VULNERABLE POPULATIONS.

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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 $194,926

Program Service Revenue $0

Investment Income $0

Other Revenue $338

TOTAL REVENUE $195,264

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,601

Fundraising Expenses $26,805

Program Expenses $203,072

Other Expenses $206,872

TOTAL EXPENSES $267,473

Year-over-Year Comparison

	2024	2023	Change
Revenue	$195,264	$32,020	+5.1%
Expenses	$267,473	$282,021	-0.1%
Net Income	$-72,209	$-250,001	-0.7%

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

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

$60,601

Total Directors

$60,601

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEGHANA SHAH	DIRECTOR/CEO	40.00	Officer Director	$0	$0	$0
LISE-MARIE GIOVINETTI	SECRETARY	20.00	Officer Director	$0	$0	$0
TARUNA MITAL	TREASURER	5.00	Officer Director	$0	$0	$0
DEREK BENZ	DIRECTOR	5.00	Director	$0	$0	$0
BENNETT MORRISON	DIRECTOR	5.00	Director	$0	$0	$0
SANDY SKELANEY	DIRECTOR/COO	40.00	Officer Director	$60,601	$0	$60,601
DANELLE DILIBERO	DIRECTOR	5.00	Director	$0	$0	$0
ERIN GALLAGHER	DIRECTOR	5.00	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	$195,264	$267,473	$2,471	$-72,209

PARASOL COOPERATIVE FOUNDATION