The Sia Foundation Inc (EIN 854329649) - 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

Nathaniel Maninger

Phone

7818053482

Tax Period

2023-01-01 to 2023-12-31

The Sia Foundation Inc, founded in 2020, is a community nonprofit in the Science & Technology sector that reported $6.8M in total revenue in fiscal year 2023. Revenue surged 231% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.4M, a strong 50% operating margin.

Mission

The Sia Foundation, Inc. is a 501(c)(3) non-profit dedicated to revolutionizing data storage through decentralization.

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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 $5,750,322

Program Service Revenue $0

Investment Income $1,047,662

Other Revenue $0

TOTAL REVENUE $6,797,984

Expense Breakdown

Grants Paid $682,331

Salaries & Benefits $1,454,233

Fundraising Expenses $0

Program Expenses $2,495,568

Other Expenses $1,272,791

TOTAL EXPENSES $3,409,355

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,797,984	$2,052,332	+2.3%
Expenses	$3,409,355	$2,308,103	+0.5%
Net Income	$3,388,629	$-255,771	-14.2%

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

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

$561,682

Total Directors

$561,682

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eddie Wang	Chairman/Secretary	0.50	Officer Director	$0	$0	$0
Luke Champine	President/Treasurer/Core Developer	40.00	Officer Director	$262,526	$28,017	$290,543
Nathaniel Maninger	President/Director	40.00	Officer Director	$244,842	$26,297	$271,139
Alexander Freska	Frontend Engineer	40.00	Highest	$224,630	$26,411	$251,041
Frances Lu	Operations Director	40.00	Highest	$184,791	$30,126	$214,917
Steven Funk	Director of People and Support	40.00	Highest	$178,273	$41,225	$219,498

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	$6,797,984	$3,409,355	$42,587,999	$3,388,629
2022	$2,052,332	$2,308,103	$28,791,779	$-255,771
2021	$45,817,680	$771,075	$41,231,274	$45,046,605

The Sia Foundation Inc