Assurance Sciences Foundation (EIN 941700312) - 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

1969

Legal Domicile

Principal Officer

Jim Thomas

Phone

4082602999

Tax Period

2023-01-01 to 2023-12-31

Assurance Sciences Foundation, founded in 1969, is a small nonprofit in the Education sector that reported $223K in total revenue in fiscal year 2023. Expenses of $211K left a modest 5% surplus.

Mission

PROVIDE EDUCATIONAL WORKSHOPS, MATERIALS AND HANDS-ON BROADCASTING INSTRUCTIONS TO MEMBERS AND PERSONS INTERESTED IN BROADCASTING CAREERS.

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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 $0

Program Service Revenue $223,154

Investment Income $0

Other Revenue $0

TOTAL REVENUE $223,154

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $196,316

Other Expenses $211,139

TOTAL EXPENSES $211,139

Year-over-Year Comparison

	2023	2022	Change
Revenue	$223,154	$224,638	0.0%
Expenses	$211,139	$172,980	+0.2%
Net Income	$12,015	$51,658	-0.8%

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
Jim Thomas	President	10.00	Officer Director	$0	$0	$0
Gratia Rankin	Treas/Sec	8.00	Officer Director	$0	$0	$0
Dana Jang	Director	8.00	Director	$0	$0	$0
David Borough	Director	8.00	Director	$0	$0	$0
John Higdon	Director	8.00	Director	$0	$0	$0
Leo Murphy	Director	8.00	Director	$0	$0	$0
Mike Danberger	Director	8.00	Director	$0	$0	$0
Leo Murphy	Director	8.00	Director	$0	$0	$0
Rich Stivers	Director	8.00	Director	$0	$0	$0
Lawrency Bryant	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
2024	No data	No data	No data	No data
2023	$223,154	$211,139	$363,815	$12,015
2022	$224,638	$172,980	$351,795	$51,658
2021	$205,896	$154,203	$222,076	$51,693
2021	$237,133	$159,072	$302,275	$78,061

Assurance Sciences Foundation