SEIZE THE FUTURE DEVELOPMENT FOUNDATION (EIN 364573388) - 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

2005

Legal Domicile

Principal Officer

LORETTA DALY

Phone

6302563160

Tax Period

2022-07-01 to 2023-06-30

SEIZE THE FUTURE DEVELOPMENT FOUNDATION, founded in 2005, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $615K, a strong 31% operating margin.

Mission

TO MOTIVATE AND FACILITATE THE REVITALIZATION AND DEVELOPMENT OF AURORA AND ITS DOWNTOWN.

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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 $1,879,269

Program Service Revenue $51,295

Investment Income $35,852

Other Revenue $21,639

TOTAL REVENUE $1,988,055

Expense Breakdown

Grants Paid $610,284

Salaries & Benefits $394,818

Fundraising Expenses $0

Program Expenses $1,175,416

Other Expenses $367,974

TOTAL EXPENSES $1,373,076

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,988,055	$1,785,249	+0.1%
Expenses	$1,373,076	$1,680,098	-0.2%
Net Income	$614,979	$105,151	+4.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD PILMER	PRESIDENT	4.00	Officer Director	$0	$0	$0
NELSON SANTOS	VICE CHAIRMA	4.00	Officer Director	$0	$0	$0
ALEX LOPEZ	DIRECTOR	4.00	Director	$0	$0	$0
ALEX POPE	DIRECTOR	4.00	Director	$0	$0	$0
BRIAN DAHL	DIRECTOR	4.00	Director	$0	$0	$0
BRIAN KNETL	DIRECTOR	4.00	Director	$0	$0	$0
CHARLES DOSS	DIRECTOR	4.00	Director	$0	$0	$0
DANIEL DOLAN	DIRECTOR	4.00	Director	$0	$0	$0
DHARMISTH PATEL	DIRECTOR	4.00	Director	$0	$0	$0
KAREN HALSTEAD	DIRECTOR	4.00	Director	$0	$0	$0
MATTHEW WINKLE	DIRECTOR	4.00	Director	$0	$0	$0
MAYOR RICHARD IRVIN	DIRECTOR	4.00	Director	$0	$0	$0
TERRY BOHR	DIRECTOR	4.00	Director	$0	$0	$0
LORETTA DALY	ACTING PRESI	40.00	Officer	$0	$0	$0
BRYAN GAY	FORMER CEO	N/A		$102,237	$4,207	$106,444

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
2024	No data	No data	No data	No data
2023	$1,988,055	$1,373,076	$3,398,655	$614,979
2022	$1,785,249	$1,680,098	$2,921,280	$105,151
2021	$1,506,538	$1,053,828	$2,783,918	$452,710
2020	$1,022,623	$1,116,254	$2,405,216	$-93,631
2019	$760,138	$1,163,159	$2,297,920	$-403,021
2018	$1,525,060	$1,042,222	$2,674,263	$482,838

SEIZE THE FUTURE DEVELOPMENT FOUNDATION