ECORITY (EIN 920812171) - 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

P MATHEW VERGHESE

Phone

2104884068

Tax Period

2025-01-01 to 2025-09-29

ECORITY, founded in 2022, is a small nonprofit that reported $268K in total revenue in fiscal year 2024. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $241K left a modest 10% surplus.

Mission

TO PROVIDE FINANCIAL ASSISTANCE AND OTHER SUPPORT TO CONSUMERS, BUSINESSES, GOVERNMENTS, AND OTHER COMMUNITY ORGANIZATIONS THROUGHOUT THE UNITED STATES AND AFFILIATED TERRITORIES THROUGH EFFICIENT AND EFFECTIVE FINANCIAL PRODUCTS FOR FACILITATING THE RAPID DEPLOYMENT OF CLEAN ENERGY AND OTHER ENVIRONMENTALLY BENEFICIAL PROJECTS

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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 $267,544

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $267,544

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $236,333

Other Expenses $240,710

TOTAL EXPENSES $240,710

Year-over-Year Comparison

	2024	2023	Change
Revenue	$267,544	$1,125,000	-0.8%
Expenses	$240,710	$1,161,021	-0.8%
Net Income	$26,834	$-36,021	-1.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
P MATHEW VERGHESE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
ROBERT VITRANO	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KIMBERLY LLEWELLYN	DIRECTOR	1.00	Director	$0	$0	$0
CHUCK PURVIS	DIRECTOR/FORMER INTERIM CEO	1.00	Officer 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	$267,544	$240,710	No data	$26,834
2024	$1,125,000	$1,161,021	$28,430	$-36,021
2023	$1,033,210	$1,009,763	$130,397	$23,447
2022	$130,000	$144,260	$109,100	$-14,260

ECORITY