JOY THOMAS FOUNDATION (EIN 854238139) - 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

Shyam Pillalamarri

Phone

8059081256

Tax Period

2023-01-01 to 2023-12-31

JOY THOMAS FOUNDATION, founded in 2020, is a micro nonprofit in the Employment sector that reported $50K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $12K, a strong 25% operating margin.

Mission

The organization's mission is to inspire students to pursue careers in science, technology, engineering and mathematics. The organization attempts to do so by providing mentoring, training and partial financing to disadvantaged college and high school students. Additionally, the organization intends to keep alive the legacy of Joy Thomas through awards for research conducted in the field of Information Theory.

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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 $30,071

Program Service Revenue $0

Investment Income $19,665

Other Revenue $0

TOTAL REVENUE $49,736

Expense Breakdown

Grants Paid $30,035

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,015

Other Expenses $7,492

TOTAL EXPENSES $37,527

Year-over-Year Comparison

	2023	2022	Change
Revenue	$49,736	$91,455	-0.5%
Expenses	$37,527	$62,500	-0.4%
Net Income	$12,209	$28,955	-0.6%

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
Shyam Pillamarri	President and Director	3	Officer Director	$0	$0	$0
Priya Pattathil	Director	2	Director	$0	$0	$0
Tony Thomas	Director	1	Director	$0	$0	$0
Yatin Mody	Treasurer	2	Officer	$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	$49,736	$37,527	$894,201	$12,209
2022	$91,455	$62,500	$898,223	$28,955
2021	$879,280	$5,433	$873,847	$873,847

JOY THOMAS FOUNDATION