TOOLBOX ASSESSMENTS INC (EIN 863708972) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

RICHARD GERSHON

Phone

7732429130

Tax Period

2024-01-01 to 2024-12-31

TOOLBOX ASSESSMENTS INC, founded in 2021, is a community nonprofit in the Medical Research sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $858K, a strong 79% operating margin.

Mission

DEVELOPING, MAINTAINING, TRAINING, AND DEPLOYING, STATE-OF-THE-ART HEALTH AND EDUCATIONAL ASSESSMENTS TO FEDERALLY-FUNDED RESEARCHERS, GLOBAL RESEARCHERS AND CLINICIANS ON BEHALF OF THE UNITED STATES DEPARTMENT OF HEALTH AND HUMAN SERVICES' NATIONAL INSTITUTE OF HEALTH IN ORDER TO MAKE SUCH ASSESSMENTS MORE AFFORDABLE AND ACCESSIBLE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,008,088

Investment Income $72,524

Other Revenue $0

TOTAL REVENUE $1,080,612

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $193,955

Other Expenses $222,494

TOTAL EXPENSES $222,494

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,080,612	$669,909	+0.6%
Expenses	$222,494	$102,707	+1.2%
Net Income	$858,118	$567,202	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD GERSHON	PRESIDENT	4.00	Officer	$0	$0	$0
ABIGAIL SIVAN	SECRETARY	4.00	Officer	$0	$0	$0
SANDRA WEINTRAUB	TREASURER	4.00	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
2024	$1,080,612	$222,494	$2,118,133	$858,118
2023	$669,909	$102,707	$1,266,228	$567,202
2022	$593,659	$40,346	$699,026	$553,313

TOOLBOX ASSESSMENTS INC