716 FOUNDATION INC (EIN 872553620) - 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

AARON STAHURA

Phone

7168844800

Tax Period

2023-01-01 to 2023-12-31

716 FOUNDATION INC, founded in 2021, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $3K in total revenue in fiscal year 2023. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $148K exceeded revenue, resulting in a 4329% operating deficit.

Mission

TO PROVIDE MINORITY, AT-RISK, UNDERPRIVELEGED OR SPECIAL NEEDS CHILDREN AND THEIR FAMILIES EDUCATIONAL OPPORTUNITIES AND EXPERIENCES AT WESTERN NY'S ART, CULTURAL, SCIENTIFIC, SPORTS AND ENTERTAINMENT INSTITUTIONS LOCATED WITHIN ERIE AND NIAGARA COUNTY, NEW YORK.

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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 $3,350

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,350

Expense Breakdown

Grants Paid $119,185

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $119,185

Other Expenses $29,202

TOTAL EXPENSES $148,387

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,350	$100,400	-1.0%
Expenses	$148,387	$78,878	+0.9%
Net Income	$-145,037	$21,522	-7.7%

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

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

$3,813

Total Directors

$3,813

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON STAHURA	PRESIDENT	1.00	Officer Director	$0	$0	$0
EDWARD KRESCONKO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ABIGAIL GREGORY	TREASURER	1.00	Officer Director	$0	$0	$0
JOSHUA LIPPES	SECRETARY	1.00	Officer Director	$3,813	$0	$3,813
MARTIN SZYMANSKI	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA ASSAD	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA FEINE	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$3,350	$148,387	$55,456	$-145,037
2022	$100,400	$78,878	$200,493	$21,522
2021	$242,000	$63,029	$178,971	$178,971

716 FOUNDATION INC