NATIONAL LGBTQ TASK FORCE ACTION FUND INC (EIN 132772832) - 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

1973

Legal Domicile

Principal Officer

KIERRA JOHNSON

Phone

2023935177

Tax Period

2022-07-01 to 2023-06-30

NATIONAL LGBTQ TASK FORCE ACTION FUND INC, founded in 1973, is a small nonprofit that reported $322K in total revenue in fiscal year 2022. Revenue surged 108% from the prior year, signaling strong growth momentum. Expenses of $450K exceeded revenue, resulting in a 40% operating deficit.

Mission

WORKS TO BUILD THE GRASSROOTS POLITICAL POWER OF THE LGBT COMMUNITY TO WIN COMPLETE EQUALITY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $321,724

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $321,724

Expense Breakdown

Grants Paid $15,000

Salaries & Benefits $172,772

Fundraising Expenses $57,953

Program Expenses $383,758

Other Expenses $262,141

TOTAL EXPENSES $449,913

Year-over-Year Comparison

	2022	2021	Change
Revenue	$321,724	$154,682	+1.1%
Expenses	$449,913	$81,595	+4.5%
Net Income	$-128,189	$73,087	-2.8%

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

400

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

$429,239

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIK MORIN	CHAIR	1.00	Officer Director	$0	$0	$0
MONISHA HARRELL	TREASURER (END 6/2023)	1.00	Officer Director	$0	$0	$0
JUAN PENALOSA	CHAIR/TREASURER	1.00	Officer Director	$0	$0	$0
PETER CHANDLER	SECRETARY	1.00	Officer Director	$0	$0	$0
COLGATE DARDEN	DIRECTOR	1.00	Director	$0	$0	$0
HEZ NORTON	DIRECTOR (END 5/2023)	1.00	Director	$0	$0	$0
JEREMY RYE	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW SOLOMON	DIRECTOR	1.00	Director	$0	$0	$0
KIERRA JOHNSON	EXECUTIVE DIRECTOR	1.00	Officer	$0	$25,568	$260,749
MAYRA HIDALGO-SALAZAR	DEPUTY DIRECTOR	5.00	Officer	$0	$6,060	$168,490

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	No data	No data	No data	No data
2023	$321,724	$449,913	$120,924	$-128,189
2021	$71,461	$70,093	$78,223	$1,368
2020	$84,316	$61,770	$79,418	$22,546
2019	$216,162	$275,738	$59,014	$-59,576
2018	$242,748	$219,229	$119,918	$23,519

NATIONAL LGBTQ TASK FORCE ACTION FUND INC