VIRTUES MATTER INC (EIN 861407670) - 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

DAVID D FELDMAN

Phone

3019490414

Tax Period

2023-01-01 to 2023-12-31

VIRTUES MATTER INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $112K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $127K exceeded revenue, resulting in a 13% operating deficit.

Mission

VIRTUES MATTER INC. MISSION IS DEDICATED TO HELPING PEOPLE CULTIVATE VIRTUES IN ALL AREAS OF THEIR LIFE.

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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 $0

Program Service Revenue $112,221

Investment Income $0

Other Revenue $0

TOTAL REVENUE $112,221

Expense Breakdown

Grants Paid $0

Salaries & Benefits $103,868

Fundraising Expenses $8,167

Program Expenses $100,693

Other Expenses $23,481

TOTAL EXPENSES $127,349

Year-over-Year Comparison

	2023	2022	Change
Revenue	$112,221	$133,501	-0.2%
Expenses	$127,349	$139,801	-0.1%
Net Income	$-15,128	$-6,300	+1.4%

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

$96,000

Total Directors

$96,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARA FELDMAN	PRESIDENT AND CEO	30.00	Officer Director	$63,333	$0	$63,333
SHAUNA KING	VICE CHAIR	3.00	Director	$0	$0	$0
RACHEL SULLIVAN	TREASURER	3.00	Director	$0	$0	$0
ARJUN CHANMUGAM	SECRETARY	3.00	Officer Director	$0	$0	$0
SHARON EBLAGHIE BAHADOR	BOARD MEMBER	3.00	Director	$0	$0	$0
JASON HINER	BOARD MEMBER	3.00	Director	$0	$0	$0
DAVID B FELDMAN	EXECUTIVE DIRECTOR	12.00	Officer Director	$32,667	$0	$32,667

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	$112,221	$127,349	$156,939	$-15,128
2022	$133,501	$139,801	$237,936	$-6,300
2021	$163,653	$123,963	$197,690	$39,690

VIRTUES MATTER INC