2-X1 CHARITIES INC (EIN 861150970) - 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

2005

Legal Domicile

Principal Officer

KEITH MURRAY

Phone

9723922727

Tax Period

2019-07-01 to 2020-06-30

2-X1 CHARITIES INC, founded in 2005, is a micro nonprofit in the Education sector that reported $36K in total revenue in fiscal year 2019. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $41K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO FOSTER EDUCATIONAL AND CHARITABLE ACTIVITIES BY PROVIDING FUNDS TO ASSIST THE EDUCATION OF DIABETIC CHILDREN, PROVIDE SPORTS ACTIVITIES FOR THE VISUALLY IMPAIRED, SCHOLARSHIPS AND OTHER CHARITABLE ACTIVITIES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $34,260

Program Service Revenue $0

Investment Income $1,708

Other Revenue $0

TOTAL REVENUE $35,968

Expense Breakdown

Grants Paid $6,200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,964

Other Expenses $35,214

TOTAL EXPENSES $41,414

Year-over-Year Comparison

	2019	2018	Change
Revenue	$35,968	$46,265	-0.2%
Expenses	$41,414	$77,611	-0.5%
Net Income	$-5,446	$-31,346	-0.8%

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
GEOGE JOSEPH	DIRECTOR	5.00	Director	$0	$0	$0
BILLY KETNER	2ND VICE PRE	5.00	Officer Director	$0	$0	$0
VINOD MATHUR	1ST VICE PRE	5.00	Officer Director	$0	$0	$0
JOHN MCGINNIS	SECRETARY	5.00	Officer Director	$0	$0	$0
ADA MOONEY	DIRECTOR	5.00	Director	$0	$0	$0
KEITH MURRAY	PRESIDENT	5.00	Officer Director	$0	$0	$0
ESMERALDA RODRIGUEZ	3RD VICE PRE	5.00	Officer Director	$0	$0	$0
JOHN STARE	TREASURER	5.00	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
2020	$35,968	$41,414	$208,911	$-5,446
2019	$46,265	$77,611	$214,360	$-31,346

2-X1 CHARITIES INC