VOLTA FOUNDATION INC (EIN 874707572) - 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

Principal Officer

Phillip Hege

Phone

6502506300

Tax Period

2024-01-01 to 2024-12-31

VOLTA FOUNDATION INC, founded in 2022, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 162% from the prior year, signaling strong growth momentum.

Mission

VOLTA FOUNDATION BRINGS AWARENESS TO THE BATTERY, ENERGY STORAGE INDUSTRY AND IMPROVES BUSINESS CONDITIONS TO FURTHER CLEAN ENERGY GOALS. BUILD COMMUNITY, HELP BUILD THE NEXT GENERATION OF TALENT CREATE RESOURCES FOR THE ECOSYSTEM INCLUDING INDUSTRY, ACADEMIA, FINANCE AND POLICY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,207,447

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,207,447

Expense Breakdown

Grants Paid $0

Salaries & Benefits $805,115

Fundraising Expenses $0

Other Expenses $466,541

TOTAL EXPENSES $1,271,656

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,207,447	$460,846	+1.6%
Expenses	$1,271,656	$408,117	+2.1%
Net Income	$-64,209	$52,729	-2.2%

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

N/A

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

$135,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YEH YEN	EXECUTIVE DIRECTOR	40.00	Director	$135,000	$0	$135,000
PHILLIP HEGE	DIRECTOR	2.00	Director	$0	$0	$0
LINDA JING	DIRECTOR	2.00	Director	$0	$0	$0
SIYI ZHANG	DIRECTOR	2.00	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
2025	No data	No data	No data	No data
2024	$1,207,447	$1,271,656	$63,707	$-64,209
2023	$460,846	$408,117	$88,350	$52,729

VOLTA FOUNDATION INC