VOLTA MEDICAL GROUP

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

Maxwell Setsoafia

Phone

3103084550

Tax Period

2023-01-01 to 2023-12-31

VOLTA MEDICAL GROUP, founded in 2020, is a small nonprofit in the Health Care sector that reported $206K in total revenue in fiscal year 2023. Revenue surged 6778% from the prior year, signaling strong growth momentum. Expenses of $449K exceeded revenue, resulting in a 118% operating deficit.

Mission

Provide health care to the underserved, that is insured or uninsured patients regardless of their ability to pay.

Program Service Accomplishments

Program 1

Expenses: $440,170 Revenue: $206,198

To render quality primary ,family and specialty clinic services to all individuals regardless of race , ethnicity, creed , religion , sexuality or socioeconomic status

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $206,198

Investment Income $0

Other Revenue $0

TOTAL REVENUE $206,198

Expense Breakdown

Grants Paid $0

Salaries & Benefits $272,060

Fundraising Expenses $0

Program Expenses $440,170

Other Expenses $176,916

TOTAL EXPENSES $448,976

Year-over-Year Comparison

	2023	2022	Change
Revenue	$206,198	$2,998	+67.8%
Expenses	$448,976	$180,574	+1.5%
Net Income	$-242,778	$-177,576	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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	Reportable Comp	Other Comp	Total
Maxwell Setsoafia	Director - CEO	30.00	$0	$0	$0
Charlene Huayanca	President	0.25	$0	$0	$0
Andrew Nyenya	Secretary	0.25	$0	$0	$0
Kafui Mensah	Treasurer	0.25	$0	$0	$0
Liset Ayala	Member	0.25	$0	$0	$0
Jesse Silva	Member	0.25	$0	$0	$0
Deja Holland	Member	0.25	$0	$0	$0
Joyce Amankwah	Member	0.25	$0	$0	$0
Jocelyn Sifuentes	Member	0.25	$0	$0	$0
Father Jose Manuel	Member	0.25	$0	$0	$0
Latesha Sims	Member	0.25	$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	No data	No data	No data	No data
2023	$206,198	$448,976	$45,841	$-242,778
2022	$2,998	$180,574	$50,763	$-177,576
2021	$160,995	$216,344	$79,122	$-55,349
2020	No data	No data	No data	No data