INNOVATION 44 FOUNDATION (EIN 852560860) - 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

LINA CONSTANTINOVICI

Phone

9495843390

Tax Period

2023-01-01 to 2023-12-31

INNOVATION 44 FOUNDATION, founded in 2020, is a small nonprofit in the Environment sector that reported $228K in total revenue in fiscal year 2023. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $328K exceeded revenue, resulting in a 44% operating deficit.

Mission

ACCELERATING THE COMMERCIALIZATION AND DEPLOYMENT OF SOLUTIONS RELEVANT TO THE PARIS AGREEMENT AND THE UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS. THE ORGANIZATION RUNS VARIOUS EVENTS FOR THE PURPOSE OF FUNDING AND DEVELOPING EMERGING TECHNOLOGIES.

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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 $227,542

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $227,542

Expense Breakdown

Grants Paid $0

Salaries & Benefits $159,230

Fundraising Expenses $0

Program Expenses $167,976

Other Expenses $168,378

TOTAL EXPENSES $327,608

Year-over-Year Comparison

	2023	2022	Change
Revenue	$227,542	$589,683	-0.6%
Expenses	$327,608	$789,979	-0.6%
Net Income	$-100,066	$-200,296	-0.5%

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

N/A

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
LINA CONSTANTINOVICI	PRESIDENT	0.00	Officer 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	$227,542	$327,608	$14,526	$-100,066
2022	$589,683	$789,979	$104,129	$-200,296
2021	$1,166,395	$868,912	$297,483	$297,483

INNOVATION 44 FOUNDATION