MY FIRST BITCOIN INC (EIN 883728599) - 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

Principal Officer

JOHN DENNEHY

Phone

6315990283

Tax Period

2024-01-01 to 2024-12-31

MY FIRST BITCOIN INC is a small nonprofit in the Education sector that reported $440K in total revenue in fiscal year 2024. Revenue surged 253% from the prior year, signaling strong growth momentum.

Mission

ACCELERATING BITCOIN ADOPTION AND FINANCIAL EMPOWERMENT IN EL SALVADOR AND BEYOND.

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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 $439,959

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $439,959

Expense Breakdown

Grants Paid $439,959

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $439,959

Other Expenses $0

TOTAL EXPENSES $439,959

Year-over-Year Comparison

	2024	2023	Change
Revenue	$439,959	$124,626	+2.5%
Expenses	$439,959	$124,626	+2.5%
Net Income	$0	$0	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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AREL EDELKAMP	VICE PRESIDENT	1.00	Director	$0	$0	$0
DALIA PLATT	VOCAL	1.00	Director	$0	$0	$0
JOHN DENNEHY	PRESIDENT	20.00	Officer Director	$0	$0	$0
REYNA CHICAS	SECRETARY	1.00	Director	$0	$0	$0
ROBERTO MAGANA	TREASURER	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	$439,959	$439,959	No data	No data

MY FIRST BITCOIN INC