PROMO FUND (EIN 431661280) - 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

1993

Legal Domicile

Principal Officer

KATY ERKER-LYNCH

Phone

3148624900

Tax Period

2024-01-01 to 2024-12-31

PROMO FUND, founded in 1993, is a small nonprofit in the Human Services sector that reported $996K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 19% operating deficit.

Mission

ORGANIZE VOLUNTEERS ACROSS THE STATE OF MISSOURI TO GAIN SUPPORT AND EQUALITY FOR LGBTQ CITIZENS THROUGH EDUCATION AND COMMUNITY ACTION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $940,695

Program Service Revenue $0

Investment Income $6,853

Other Revenue $48,444

TOTAL REVENUE $995,992

Expense Breakdown

Grants Paid $0

Salaries & Benefits $620,238

Fundraising Expenses $73,914

Program Expenses $940,887

Other Expenses $563,251

TOTAL EXPENSES $1,183,489

Year-over-Year Comparison

	2024	2023	Change
Revenue	$995,992	$655,198	+0.5%
Expenses	$1,183,489	$724,790	+0.6%
Net Income	$-187,497	$-69,592	+1.7%

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

$100,743

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALISON GEE	SECRETARY	2.00	Officer Director	$0	$0	$0
MICHAEL COLE	PAST CHAIR	2.00	Director	$0	$0	$0
STEVE GOLDBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
KYLER SHERMAN-WILKINS	BOARD MEMBER	1.00	Director	$0	$0	$0
ARO ROYSTON	CHAIR	2.00	Officer Director	$0	$0	$0
KATY ERKER-LYNCH	EXECUTIVE DI	35.00	Officer	$89,431	$0	$100,743
COLLEEN CARROLL	BOARD MEMBER	1.00	Director	$0	$0	$0
DARIUS RUCKER	BOARD MEMBER	1.00	Director	$0	$0	$0
EMILY BORNSTEIN	TREASURER	1.00	Officer 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	$995,992	$1,183,489	$113,496	$-187,497
2023	$655,198	$724,790	$296,062	$-69,592
2022	$478,961	$514,426	$350,342	$-35,465
2021	$417,911	$446,286	$271,493	$-28,375
2020	$417,206	$395,578	$243,765	$21,628
2019	$462,855	$473,059	$198,705	$-10,204
2018	$474,621	$426,354	$188,262	$48,267

PROMO FUND