ROOT CAPITAL INC (EIN 043478123) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

WILLIAM F FOOTE

Phone

6176615792

Tax Period

2023-01-01 to 2023-12-31

ROOT CAPITAL INC, founded in 1999, is a mid-sized nonprofit in the International Affairs sector that reported $29.1M in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $32.5M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO GROW RURAL PROSPERITY AND BUILD THE RESILIENCE OF FARMING FAMILIES AROUND THE WORLD.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $16,524,600

Program Service Revenue $10,208,026

Investment Income $2,374,980

Other Revenue $0

TOTAL REVENUE $29,107,606

Expense Breakdown

Grants Paid $1,209,782

Salaries & Benefits $16,036,358

Fundraising Expenses $833,594

Program Expenses $23,860,262

Other Expenses $15,259,172

TOTAL EXPENSES $32,505,312

Year-over-Year Comparison

	2023	2022	Change
Revenue	$29,107,606	$52,823,176	-0.4%
Expenses	$32,505,312	$22,889,458	+0.4%
Net Income	$-3,397,706	$29,933,718	-1.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$1,219,661

Total Directors

Key Employees

$535,375

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANA ZACAPA	CHAIR	1.00	Director	$0	$0	$0
GRANT GUND	BOARD MEMBER (THROUGH MAY 2023)	1.00	Director	$0	$0	$0
JAN-MAARTEN MULDER	BOARD MEMBER (THROUGH MAY 2023)	1.00	Director	$0	$0	$0
MARY BARTON DOCK	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDSAY BOLGER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARISSA WESELY	BOARD MEMBER	1.00	Director	$0	$0	$0
KEN BARTELS	BOARD MEMBER (THROUGH 12/30/23)	1.00	Director	$0	$0	$0
MARIO FERNANDEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
SALAH GOSS	BOARD MEMBER	1.00	Director	$0	$0	$0
MACANI TOUNGARA	BOARD MEMBER	1.00	Director	$0	$0	$0
SOPHIE ROMANA	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT AMERO	BOARD MEMBER	1.00	Director	$0	$0	$0
HANS MUZOORA	BOARD MEMBER	1.00	Director	$0	$0	$0
FLEUR BOOS	BOARD MEMBER	1.00	Director	$0	$0	$0
PHILIP BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
JEHIEL OLIVER	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES RICHARDSON	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM FOOTE	CEO & FOUNDER	40.00	Officer	$404,242	$14,421	$418,663
BRYAN WOLINER	CFO & TREASURER	40.00	Officer	$267,964	$30,362	$298,326
MARLI PORTH	CHIEF OF STAFF/CLERK	40.00	Officer	$144,663	$25,777	$170,440
FRANCES REID	COO & PRESIDENT	40.00	Officer	$311,546	$20,686	$332,232
SCOTT MCDONALD	CHIEF EXTERNAL AFFAIRS OFFICER	40.00	Key Emp	$294,676	$19,879	$314,555
ALEXANDRA TUINSTRA	CHIEF STRATEGY OFFICER	40.00	Key Emp	$209,027	$11,793	$220,820
DARCY SALINGER	CHIEF CREDIT OFFICER	40.00	Highest	$259,857	$17,937	$277,794
JEAN FORRESTER	CONTROLLER & VP INVESTOR RELATIONS	40.00	Highest	$221,585	$29,260	$250,845
BENJAMIN WITKOP	SR. DIR., GLOBAL LENDING/INNOVATION	40.00	Highest	$173,798	$23,470	$197,268
ANGELA PROSEK	SR. DIR., INST. PHILATHROPY/PARTNERS	40.00	Highest	$179,590	$29,940	$209,530
MAUREEN MCGREGOR	SR. DIR., MARKETING/COMMUNICATIONS	40.00	Highest	$174,488	$23,783	$198,271

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	$29,107,606	$32,505,312	$120,379,681	$-3,397,706
2022	$52,823,176	$22,889,458	$129,626,012	$29,933,718
2021	$34,310,202	$19,491,258	$100,873,290	$14,818,944
2020	$21,396,934	$21,403,010	$84,001,332	$-6,076
2019	$28,873,589	$21,480,329	$99,271,192	$7,393,260
2018	$22,275,720	$23,083,477	$90,858,790	$-807,757

ROOT CAPITAL INC