SIMA ENVIRONMENTAL FUND (EIN 311479679) - 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

1995

Legal Domicile

Principal Officer

VIPE DESAI

Phone

9492436400

Tax Period

2023-01-01 to 2023-12-31

SIMA ENVIRONMENTAL FUND, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $569K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

PROMOTES AND SUPPORTS OCEAN-RELATED ECOLOGICAL AND ENVIRONMENTAL ORGANIZATIONS.

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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 $244,915

Program Service Revenue $0

Investment Income $0

Other Revenue $324,411

TOTAL REVENUE $569,326

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $438,106

Program Expenses $111,154

Other Expenses $589,090

TOTAL EXPENSES $589,090

Year-over-Year Comparison

	2023	2022	Change
Revenue	$569,326	$455,716	+0.2%
Expenses	$589,090	$442,504	+0.3%
Net Income	$-19,764	$13,212	-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

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
BETO BEDOLFE	DIRECTOR	N/A	Director	$0	$0	$0
CHRIS EVANS	DIRECTOR	N/A	Director	$0	$0	$0
DAVE GILOVICH	CFO/TREASURE	N/A	Officer Director	$0	$0	$0
BOB MIGNOGNA	SECRETARY	N/A	Officer Director	$0	$0	$0
PAUL NAUDE	CEO/PRESIDEN	N/A	Officer Director	$0	$0	$0
VIPE DESAI	EXECUTIVE DI	N/A	Officer	$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
2023	$569,326	$589,090	$66,768	$-19,764
2022	$455,716	$442,504	$97,492	$13,212
2021	$459,943	$440,090	$85,280	$19,853
2020	$114,628	$221,067	$65,653	$-106,439
2019	$570,290	$467,966	$211,117	$102,324
2018	$382,729	$338,338	$364,079	$44,391

SIMA ENVIRONMENTAL FUND