COMMON FUTURE

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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

2003

Legal Domicile

Principal Officer

JENNIFER NJUGUNA

Phone

5105879417

Tax Period

2023-01-01 to 2023-12-31

COMMON FUTURE, founded in 2003, is a community nonprofit in the Community Improvement sector that reported $5.3M in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $10.3M exceeded revenue, resulting in a 95% operating deficit.

Mission

COMMON FUTURE IS A NETWORK OF PIONEERING LEADERS ACROSS THE U.S. AND CANADA WHO WORK DEEPLY WITHIN THEIR COMMUNITIES TO CREATE ALTERNATIVE APPROACHES TO BUSINESS, PHILANTHROPY, AND INVESTING. WE ENVISION AN ECONOMY THAT HAS TRANSITIONED FROM THE EXTRACTIVE ACCUMULATION OF WEALTH AND CENTRALIZATION OF POWER TO ONE THAT REDISTRIBUTES WEALTH, DEMOCRATIZES POWER, AND SHIFTS ECONOMIC CONTROL TO MARGINALIZED COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $3,286,971 Revenue: $340,000

CAPITAL INTERMEDIATION OUR WORK AS AN INTERMEDIARY HAS THREE PRINCIPAL AIMS: REDISTRIBUTE CAPITAL TO COMMUNITY LEADERS. PILOT NEW TYPES OF FLEXIBLE FINANCING THAT BETTER SERVE THEIR NEEDS. CREATE A NEW ASSET CLASS TAILORED TO THESE COMMUNITIES THAT CAN SCALE AND ATTRACT CAPITAL ON ITS OWN.

Program 2

Expenses: $2,212,646

PROJECT INCUBATION WE INCUBATE PROJECTS THAT HAVE THE POTENTIAL TO DRASTICALLY TRANSFORM CAPITAL DISTRIBUTION AND WEALTH OWNERSHIP. BY FORGING COLLABORATIVES WITH LIKE-MINDED ORGANIZATIONS, WE BUILD...

Program 3

Expenses: $1,478,808

LEADERSHIP AND FIELD BUILDING BY BRINGING TOGETHER FELLOWS, FUNDERS, AND OTHER KEY PLAYERS IN THE ECONOMY, COMMON FUTURE HAS BUILT A UNIQUE NETWORK THAT IS POISED TO LEARN TOGETHER; FORGE NEW...

LEADERSHIP AND FIELD BUILDING BY BRINGING TOGETHER FELLOWS, FUNDERS, AND OTHER KEY PLAYERS IN THE ECONOMY, COMMON FUTURE HAS BUILT A UNIQUE NETWORK THAT IS POISED TO LEARN TOGETHER; FORGE NEW COLLABORATIONS; PROVIDE REAL FINANCIAL OPPORTUNITIES THROUGH GRANTMAKING AND CAPITAL PRODUCTS; AND ELEVATE THIS WORK TO MAINSTREAM ACTORS IN PHILANTHROPY, INVESTING, AND POLICY TO INFLUENCE ECONOMIC SYSTEMS.

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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 $4,756,502

Program Service Revenue $340,000

Investment Income $39,265

Other Revenue $171,454

TOTAL REVENUE $5,307,221

Expense Breakdown

Grants Paid $477,000

Salaries & Benefits $5,392,174

Fundraising Expenses $1,009,404

Program Expenses $6,978,425

Other Expenses $4,466,871

TOTAL EXPENSES $10,336,045

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,307,221	$13,069,222	-0.6%
Expenses	$10,336,045	$9,580,909	+0.1%
Net Income	$-5,028,824	$3,488,313	-2.4%

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

$1,000,743

Total Directors

$185,636

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY CHANG	CO-CHAIR	3.00	Officer Director	$0	$0	$0
MIRIAM WARREN	CO-CHAIR	3.00	Officer Director	$0	$0	$0
MEADOW DIDIER	TREASURER	3.00	Officer Director	$0	$0	$0
JORGE BLANDN	DIRECTOR	3.00	Director	$0	$0	$0
NIKKI PIERATOS	DIRECTOR	3.00	Director	$0	$0	$0
RODNEY FOXWORTH	CEO (TO 6/23), SECRETARY	40.00	Officer Director	$177,919	$7,717	$185,636
JENNIFER NJUGUNA	CO-CEO (AS OF 6/2023)	40.00	Officer	$199,997	$10,521	$210,518
VIVIENNE LEE	STRATEGIC ADVISOR	40.00	Officer	$177,919	$7,717	$185,636
SANDHYA NAKHASI	CO-CEO (AS OF 6/2023)	40.00	Officer	$194,297	$7,748	$202,045
JESSICA FEINGOLD	CO-CEO (AS OF 6/2023)	40.00	Officer	$199,691	$17,217	$216,908
ALLISON JONES	VP OF BRAND AND STORYTELLING	40.00	Highest	$144,385	$5,815	$150,200
RAKIBA KIBRIA	DIRECTOR OF ADVANCEMENT	40.00	Highest	$135,316	$15,573	$150,889
LAUREN PAUL	VP OF STRATEGIC ALLIANCES	40.00	Highest	$125,586	$5,225	$130,811
JOANN WAGNER	VP OF PEOPLE OPERATIONS	40.00	Highest	$146,980	$20,323	$167,303
MARIA ANDREA PERDOMO	DIRECTOR OF PORTFOLIO ADVANCEMENT	40.00	Highest	$118,079	$12,748	$130,827

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	$5,307,221	$10,336,045	$19,840,042	$-5,028,824
2022	$13,069,222	$9,580,909	$28,743,472	$3,488,313
2021	$15,228,866	$5,375,023	$18,062,801	$9,853,843
2020	$12,408,879	$7,191,864	$8,525,187	$5,217,015
2019	$3,962,274	$2,635,039	$2,897,400	$1,327,235