PILOTED FOUNDATION INC (EIN 863318602) - 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

2021

Legal Domicile

Principal Officer

JACOB ALLEN

Phone

3128130853

Tax Period

2023-07-01 to 2024-06-30

PILOTED FOUNDATION INC, founded in 2021, is a small nonprofit in the Education sector that reported $640K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $557K left a modest 13% surplus.

Mission

THE FOUNDATION HELPS LEADERS BUILD SCHOOLS, SUPPORTS CURRENT LEADERS IN NEW EDUCATIONAL APPROACHES, AND ADVANCES POLICIES THAT FOCUS ON EQUITY, WELLNESS, AND SOCIAL IDENTITY DEVELOPMENT. THE FOUNDATION CONSULTS WITH SCHOOLS TO PROVIDE IMPLEMENTATION SUPPORT, COACHING, AND CAPACITY BUILDING IN THE AREAS OF INSTRUCTIONAL SYSTEMS, SCHOOL OPERATIONS, AND SCHOOL FINANCE.

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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 $300,000

Program Service Revenue $340,200

Investment Income $0

Other Revenue $0

TOTAL REVENUE $640,200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $328,029

Fundraising Expenses $0

Program Expenses $424,066

Other Expenses $228,584

TOTAL EXPENSES $556,613

Year-over-Year Comparison

	2023	2022	Change
Revenue	$640,200	$830,769	-0.2%
Expenses	$556,613	$520,949	+0.1%
Net Income	$83,587	$309,820	-0.7%

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

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

$273,575

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID SPITZ	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROLYN WELCH	BOARD MEMBER	1.00	Director	$0	$0	$0
RHONDA HOPPS	BOARD MEMBER	1.00	Director	$0	$0	$0
JADE JENKINS	BOARD MEMBER	1.00	Director	$0	$0	$0
JACOB ALLEN	CEO	40.00	Officer	$140,058	$18,264	$158,322
LANI LUO	COO	40.00	Officer	$96,648	$18,605	$115,253

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	$640,200	$556,613	$639,907	$83,587
2023	$830,769	$520,949	$558,210	$309,820
2022	$560,000	$535,657	$264,511	$24,343

PILOTED FOUNDATION INC