DAFPAY NETWORK INC (EIN 931372175) - 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

2023

Legal Domicile

Principal Officer

SALOMON SERFATI

Phone

2023127465

Tax Period

2024-01-01 to 2024-12-31

DAFPAY NETWORK INC, founded in 2023, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 228678% from the prior year, signaling strong growth momentum. The organization ran a surplus of $348K, a strong 29% operating margin.

Mission

THE CHARITY OPERATES AS A SPONSOR TO DONOR ADVISED FUNDS.FOR EACH FUND, THE FUND WILL BE SEPARATELY IDENTIFIED BY REFERENCE TO THE CONTRIBUTIONS OF SPECIFIED DONOR OR CLASSES OF DONORS, SUCH THAT IT IS DISTINGUISHABLE FROM THOSE FUNDS THAT MAY BE POOLED ANONYMOUSLY OR THE GENERAL FUND OF THE CHARITY. UPON CONTRIBUTION, THE DONOR CEDES ALL LEGAL TITLE TO THE CONTRIBUTED FUNDS TO THE CHARITY, WHICH MAINTAINS FULL DISCRETION AND CONTROL OVER THE FUNDS IN EACH DISTINGUISHABLE ACCOUNT.

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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 $1,199,247

Program Service Revenue $0

Investment Income $4,123

Other Revenue $0

TOTAL REVENUE $1,203,370

Expense Breakdown

Grants Paid $831,404

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $855,749

Other Expenses $24,345

TOTAL EXPENSES $855,749

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,203,370	$526	+2286.8%
Expenses	$855,749	N/A	N/A
Net Income	$347,621	$526	+659.9%

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
SALOMON SERFATI	DIRECTOR	20.00	Officer Director	$0	$0	$0
YITZHAK MOSHE BENGUALID GOLDSTEIN	DIRECTOR	0.00	Officer Director	$0	$0	$0
LAIVI FORTA	DIRECTOR	0.00	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	No data	No data	No data	No data
2024	$1,203,370	$855,749	$354,147	$347,621

DAFPAY NETWORK INC