POSABILITY INC (EIN 920914078) - 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

WAYNE CORDOVA

Phone

3525930439

Tax Period

2023-01-01 to 2023-12-31

POSABILITY INC, founded in 2022, is a small nonprofit in the Youth Development sector that reported $300K in total revenue in fiscal year 2023. Revenue surged 348% from the prior year, signaling strong growth momentum. Expenses of $268K left a modest 11% surplus.

Mission

TO PROVIDE POSITIVE OPPORTUNITIES OF SUPPORT TO FAMILIES AFFECTED BY DISABILITY THROUGH IMPACT PROGRAMS.

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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 $158,696

Program Service Revenue $62,538

Investment Income $0

Other Revenue $78,857

TOTAL REVENUE $300,091

Expense Breakdown

Grants Paid $0

Salaries & Benefits $108,266

Fundraising Expenses $0

Program Expenses $253,976

Other Expenses $159,688

TOTAL EXPENSES $267,954

Year-over-Year Comparison

	2023	2022	Change
Revenue	$300,091	$67,042	+3.5%
Expenses	$267,954	$97,270	+1.8%
Net Income	$32,137	$-30,228	-2.1%

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

Volunteers

163

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

$27,575

Total Directors

$27,575

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WAYNE CORDOVA	PRESIDENT	40.00	Officer Director	$27,575	$0	$27,575
WILLIAM BEETZ	VICE CHAIRMA	8.00	Officer Director	$0	$0	$0
TIM BLANKENSHIP	DIRECTOR	8.00	Director	$0	$0	$0
TRACY CAMPBELL	CHAIRMAN	8.00	Officer Director	$0	$0	$0
CHRISTINA CORDOVA	TREASURER	8.00	Officer Director	$0	$0	$0
EMILIO CORDOVA	DIRECTOR	8.00	Director	$0	$0	$0
ASHLEY HOFECKER	DIRECTOR	8.00	Director	$0	$0	$0
NICK HOLMES	DIRECTOR	8.00	Director	$0	$0	$0
DANE JENKINS	DIRECTOR	8.00	Director	$0	$0	$0
MARTY MONEGRO	DIRECTOR	8.00	Director	$0	$0	$0
DIANA YATES	DIRECTOR	8.00	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	No data	No data	No data	No data
2023	$300,091	$267,954	$75,746	$32,137
2022	$67,042	$30,228	$40,607	$36,814

POSABILITY INC