EAT FOUNDATION INC (EIN 853017997) - 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

JAMES PETERSON

Phone

6462707795

Tax Period

2023-01-01 to 2023-12-31

EAT FOUNDATION INC, founded in 2020, is a micro nonprofit in the Education sector that reported $331 in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $127K exceeded revenue, resulting in a 38177% operating deficit.

Mission

THE PLANNED CHARITABLE, EDUCATIONAL, AND SCIENTIFIC ACTIVITIES OF THE CORPORATION INCLUDE THE ESTABLISHMENT OF A FACILITY IN NEW YORK STATE THAT SUPPORTS FOOD RESEARCH AND DEVELOPMENT,AGRICULTURAL TRAINING, AND LIFE SKILLS MENTORING FOR INDIVIDUALS FROM ECONOMICALLY DISADVANTAGED COMMUNITIES

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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 $0

Program Service Revenue $0

Investment Income $322

Other Revenue $9

TOTAL REVENUE $331

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $126,698

TOTAL EXPENSES $126,698

Year-over-Year Comparison

	2023	2022	Change
Revenue	$331	$283	+0.2%
Expenses	$126,698	$32,857	+2.9%
Net Income	$-126,367	$-32,574	+2.9%

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
JOSH BERGER	BOARD MEMBER	0.75	Director	$0	$0	$0
ROBERT BROWN	BOARD MEMBER	0.75	Director	$0	$0	$0
PAUL BUSBY	BOARD MEMBER	0.75	Director	$0	$0	$0
RUDOLPH COOMBS	BOARD MEMBER	0.75	Director	$0	$0	$0
JAMES PETERSON	PRESIDENT	25.00	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	$331	$126,698	$1,276,324	$-126,367
2022	$283	$32,857	$1,402,361	$-32,574
2021	$216	$64,845	$1,435,017	$-64,629
2020	$1,500,052	$487	$1,499,565	$1,499,565

EAT FOUNDATION INC