SOLVANDRIA FOUNDATION INC (EIN 920897426) - 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

MALVIKA MILLER

Phone

4083293204

Tax Period

2024-01-01 to 2024-12-31

SOLVANDRIA FOUNDATION INC, founded in 2022, is a community nonprofit in the Health Care sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 189% from the prior year, signaling strong growth momentum. The organization ran a surplus of $630K, a strong 50% operating margin.

Mission

THE SOLVANDRIA FOUNDATION'S PURPOSE IS TO ACCELERATE RESEARCH IN INNOVATIVE GLOBAL HEALTH SOLUTIONS FROM INCEPTION TO HUMAN APPLICATION IN COLLABORATION WITH LEADING SCIENTIFIC AND MEDICAL INSTITUTIONS AND PROMOTE EDUCATION, TRAINING, AND DEVELOPMENT OPPORTUNITIES FOR INDIVIDUALS INTERESTED IN GLOBAL HEALTH RESEARCH AND CLINICAL TRANSLATION.

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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 $500

Program Service Revenue $1,260,348

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,260,848

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $6,304

Program Expenses $588,591

Other Expenses $630,445

TOTAL EXPENSES $630,445

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,260,848	$435,875	+1.9%
Expenses	$630,445	$241,611	+1.6%
Net Income	$630,403	$194,264	+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

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

$77,129

Total Directors

$77,129

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MALVIKA MILLER	CLERK/DIRECTOR	20.00	Officer Director	$0	$0	$0
ALISON HAYWARD	PRESIDENT/TREASURER	20.00	Officer Director	$0	$77,129	$77,129
GIOVANNI TRAVERSO	DIRECTOR	0.10	Director	$0	$0	$0
ROBERT LANGER	DIRECTOR	0.10	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	$1,260,848	$630,445	$874,334	$630,403
2023	$435,875	$241,611	$194,264	$194,264

SOLVANDRIA FOUNDATION INC