HI-TECH CHARITIES (EIN 943397413) - 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

2001

Legal Domicile

Phone

3143895737

Tax Period

2023-01-01 to 2023-12-31

HI-TECH CHARITIES, founded in 2001, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 50% operating deficit.

Mission

Hi-Tech Charities is a multi-state 501C3 nonprofit community development corporation with operations in Missouri and New York. Hi-Tech Charities provides: homecare services behavioral health services education employment community development and social services that empower individuals families and communities.

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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 $981,822

Program Service Revenue $252,909

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,234,731

Expense Breakdown

Grants Paid $0

Salaries & Benefits $620,463

Fundraising Expenses $17,999

Program Expenses $1,807,790

Other Expenses $1,228,817

TOTAL EXPENSES $1,849,280

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,234,731	$3,004,059	-0.6%
Expenses	$1,849,280	$1,875,613	0.0%
Net Income	$-614,549	$1,128,446	-1.5%

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

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

$245,286

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Justice	Board President	Officer	$0	$0	$0
Stella	Secretary	Officer	$0	$0	$0
Leonard	member	Officer	$0	$0	$0
Laronda	member	Officer	$0	$0	$0
Francis	company president	Key Emp	$130,499	$0	$130,499
Barbara	Vice President of Operations	Key Emp	$49,538	$0	$49,538
Chidimma	Vice President of Programs	Key Emp	$65,249	$0	$65,249

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	$1,234,731	$1,849,280	$3,797,788	$-614,549
2022	$3,168,197	$2,193,052	$4,540,284	$975,145
2021	$2,946,711	$1,681,826	$4,192,026	$1,264,885
2020	$356,973	$312,484	$2,326,905	$44,489

HI-TECH CHARITIES