FINANCIAL DATA EXCHANGE INC (EIN 994484150) - 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

2024

Legal Domicile

Principal Officer

KEVIN FELTES

Phone

7039469195

Tax Period

2024-10-01 to 2024-12-31

FINANCIAL DATA EXCHANGE INC, founded in 2024, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2024. Expenses of $1.4M exceeded revenue, resulting in a 29% operating deficit.

Mission

FDX IS DEDICATED TO UNIFYING THE FINANCIAL INDUSTRY AROUND A COMMON STANDARD FOR THE SECURE AND CONVENIENCE ACCESS OF PERMISSIONED CONSUMER AND BUSINESS FINANCIAL DATA. GET THE LATEST ON CFPB'S FINAL 1033 RULE AND SEE WHY FDX MEMBERSHIP PUTS YOUR ORGANIZATION AT THE FOREFRONT OF OPEN BANKING.

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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 $1,055,571

Program Service Revenue $40,900

Investment Income $1

Other Revenue $0

TOTAL REVENUE $1,096,472

Expense Breakdown

Grants Paid $0

Salaries & Benefits $878,287

Fundraising Expenses $0

Other Expenses $538,605

TOTAL EXPENSES $1,416,892

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,096,472	N/A	N/A
Expenses	$1,416,892	N/A	N/A
Net Income	$-320,420	N/A	N/A

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

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

$275,410

Total Directors

$56,154

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRADLEY JACOBSEN	G COUNSEL &	40.00	Officer	$75,253	$0	$75,253
CORY MILLAR	VP OF FINANC	40.00	Officer	$0	$75,000	$75,000
DONALD CARDINAL	MANAGING DIR	40.00	Officer	$69,003	$0	$69,003
KEVIN FELTES	DIRECTOR	40.00	Officer Director	$56,154	$0	$56,154

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	$1,096,472	$1,416,892	$3,590,770	$-320,420
2024	No data	No data	No data	No data

FINANCIAL DATA EXCHANGE INC