TAALA FUND

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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

2009

Legal Domicile

Principal Officer

David Montgomery

Phone

3602760118

Tax Period

2023-01-01 to 2023-12-31

TAALA FUND, founded in 2009, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $346K, a strong 30% operating margin.

Mission

To provide business development and build assets on the Quinault Indian Reservation and among Quinault tribal members improving the quality of life for its people and communities.

Program Service Accomplishments

Program 1

Expenses: $401,969 Revenue: $169,603

Lending: Taala Fund is an unregulated small loan fund that offers micro-business loans, small business loans, credit builder loans, home improvement loans, auto loans and an employee loan.

Program 2

Expenses: $84,417

Education and Asset Building:Taala Fund offers training, technical assistance, and one-on-one services to assist our clients to start or expand businesses, improve their homes, and improve their...

Education and Asset Building:Taala Fund offers training, technical assistance, and one-on-one services to assist our clients to start or expand businesses, improve their homes, and improve their financial condition.

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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 $939,120

Program Service Revenue $169,603

Investment Income $41,773

Other Revenue $0

TOTAL REVENUE $1,150,496

Expense Breakdown

Grants Paid $0

Salaries & Benefits $466,514

Fundraising Expenses $174,939

Program Expenses $486,386

Other Expenses $338,358

TOTAL EXPENSES $804,872

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,150,496	$746,615	+0.5%
Expenses	$804,872	$646,491	+0.2%
Net Income	$345,624	$100,124	+2.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Montgomery	President	3.00	Officer Director	$0	$0	$0
Edcelena James	Vice President	1.50	Officer Director	$0	$0	$0
ALICE MORRIS	Treasurer/Sec.	3.00	Officer Director	$0	$0	$0
Francis Rosander	Board Member	1.00	Director	$0	$0	$0
Adam Malloy	Board Member	1.50	Director	$0	$0	$0

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	$1,150,496	$804,872	$2,735,734	$345,624
2023	$1,150,497	$806,974	$2,670,806	$343,523
2022	$746,615	$646,491	$2,571,645	$100,124
2021	$564,258	$549,727	$2,310,362	$14,531
2020	$640,556	$530,340	$2,279,632	$110,216
2019	$512,387	$467,087	$1,831,221	$45,300
2018	$366,666	$497,543	$1,868,967	$-130,877