Folx Foundation Inc (EIN 863600057) - 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

2022

Legal Domicile

Phone

7724947244

Tax Period

2023-01-01 to 2023-12-31

Folx Foundation Inc, founded in 2022, is a major nonprofit in the Health Care sector that reported $120.6M in total revenue in fiscal year 2023.

Mission

Folxs charitable mission is to provide healthcare treatment and preventive services, counseling, and related educational services to a particularly vulnerable population, namely persons with HIV individuals substantially at risk of contracting HIV

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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 $120,639,845

Investment Income $0

Other Revenue $0

TOTAL REVENUE $120,639,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $159,792

Fundraising Expenses $0

Program Expenses $120,949,471

Other Expenses $120,789,679

TOTAL EXPENSES $120,949,471

Year-over-Year Comparison

	2023	2022	Change
Revenue	$120,639,845	N/A	N/A
Expenses	$120,949,471	$101,373	+1192.1%
Net Income	$-309,626	$-101,373	+2.1%

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

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
KAREN BAUER	President	10.00	Officer Director	$0	$0	$0
HEATHER STONE	Secretary	2.00	Officer	$0	$0	$0
DANA FRANK	Treasurer	2.00	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	$120,639,845	$120,949,471	$14,158,057	$-309,626

Folx Foundation Inc