PACE1 INC

EIN: 871380320 501(c)(3) Human Services

BELLMORE, NY

Total Revenue
$20,250
Total Expenses
$17,849
Total Assets
N/A
Net Assets
N/A
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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
NY
Principal Officer
SAEED HASSAN
Phone
5165572822
Tax Period
2023-01-01 to 2023-12-31

PACE1 INC, founded in 2021, is a micro nonprofit in the Human Services sector that reported $20K in total revenue in fiscal year 2023. Expenses of $18K left a modest 12% surplus.

Mission

CHARITABLE

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $20,250
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $20,250

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,849
Other Expenses $17,849
TOTAL EXPENSES $17,849

Year-over-Year Comparison

2023 2022 Change
Revenue $20,250 N/A N/A
Expenses $17,849 N/A N/A
Net Income $2,401 N/A N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
35

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAEED HASSAN PRESIDENT 20.00
Director
$0 $0 $0
NAJMUSSAQIB V PRESIDENT 20.00
Director
$0 $0 $0
MARC A SOTO SECRETERY 20.00
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
2023 $20,250 $17,849 No data $2,401
2022 $13,200 $9,200 $18,477 $4,000
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