VOLUMETRIC FORMAT ASSOCIATION INC (EIN 853437434) - 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

DENNY BREITENFELD

Phone

8586998401

Tax Period

2024-01-01 to 2024-12-31

VOLUMETRIC FORMAT ASSOCIATION INC, founded in 2020, is a micro nonprofit in the Community Improvement sector that reported $54K in total revenue in fiscal year 2024. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $107K exceeded revenue, resulting in a 98% operating deficit.

Mission

THE PRIMARY GOAL OF THE ASSOCIATION IS TO PROVIDE NEUTRAL GOVERNANCE FOR RELEVANT TECHNICAL CONTRIBUTORS TO DEVELOP A SPECIFICATION(S) THAT PERMITS PRODUCTS TO INTER-OPERATE IN A MANNER THAT PROVIDES A STANDARDIZED METHOD FOR CAPTURING, PROCESSING AND VIEWING 3-DIMENSIONAL VIDEO.

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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 $0

Program Service Revenue $54,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $54,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $106,655

TOTAL EXPENSES $106,655

Year-over-Year Comparison

	2024	2023	Change
Revenue	$54,000	$159,000	-0.7%
Expenses	$106,655	$217,623	-0.5%
Net Income	$-52,655	$-58,623	-0.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VIDHYA SERAN	DIRECTOR	3.00	Director	$0	$0	$0
IAN WILLIAMS	DIRECTOR	3.00	Director	$0	$0	$0
KEN-ICHI FUJII	DIRECTOR	3.00	Director	$0	$0	$0
KIYOHARU SASSA	DIRECTOR	3.00	Director	$0	$0	$0
DENNY BREITENFELD	DIRECTOR	10.00	Officer Director	$0	$0	$0
KOUICHI UCHIMURA	DIRECTOR	3.00	Director	$0	$0	$0
ERIC BRAXTON	DIRECTOR	3.00	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	$54,000	$106,655	$31,943	$-52,655
2023	$159,000	$217,623	$127,713	$-58,623
2022	$277,500	$199,350	$428,873	$78,150

VOLUMETRIC FORMAT ASSOCIATION INC