EQUIFUND ORGANIZATION INC (EIN 264432774) - 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

2009

Principal Officer

MATT PRESS

Phone

5168580215

Tax Period

2021-01-01 to 2021-12-31

EQUIFUND ORGANIZATION INC, founded in 2009, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $440K in total revenue in fiscal year 2021. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $279K, a strong 63% operating margin.

Mission

EQUIFUND ORGANIZATION IS TO PROVIDE INTEREST FREE LOANS TO INDIVIDUALS AND SMALL BUSINESSES WITH THE PURPOSE OF ASSISSTING IN DEVELOPMENT AND EXPANSION OF NEW AND EXISTING SMALL BUSINESSES. SAID ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $440,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $440,000

Expense Breakdown

Grants Paid $154,374

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $160,374

Other Expenses $7,100

TOTAL EXPENSES $161,474

Year-over-Year Comparison

	2021	2020	Change
Revenue	$440,000	$305,000	+0.4%
Expenses	$161,474	$67,556	+1.4%
Net Income	$278,526	$237,444	+0.2%

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

N/A

Employees

N/A

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
MATT PRESS	President	2.00	Officer Director	$0	$0	$0
RON TOVBIN	Director	0.00	Director	$0	$0	$0
ELKE PRESS	Treasurer	1.00	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
2021	$440,000	$161,474	$654,715	$278,526
2020	$305,000	$67,556	$376,189	$237,444

EQUIFUND ORGANIZATION INC