Fund 17 (EIN 461492881) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

Veranisha Thompson

Phone

5046564176

Tax Period

2022-06-01 to 2022-12-31

Fund 17, founded in 2012, is a small nonprofit that reported $255K in total revenue in fiscal year 2022. Revenue fell 59% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $86K, a strong 34% operating margin.

Mission

Fund 17 makes entrepreneurship attainable for underrepresented entrepreneurs in the 17 wards of New Orleans. We manage a community business incubator and assist entrepreneurs in growing their businesses and accessing capital.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $255,457

Program Service Revenue $0

Investment Income $3

Other Revenue $0

TOTAL REVENUE $255,460

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,739

Fundraising Expenses $0

Program Expenses $119,941

Other Expenses $81,243

TOTAL EXPENSES $168,982

Year-over-Year Comparison

	2022	2021	Change
Revenue	$255,460	$627,138	-0.6%
Expenses	$168,982	$377,544	-0.6%
Net Income	$86,478	$249,594	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Ashley Garcia	President	1.00	Officer Director	$0	$0	$0
Daniela Capistrano	Director	1.00	Director	$0	$0	$0
Fredell Butler	Director	1.00	Director	$0	$0	$0
Kathleen Milligan	Secretary	1.00	Officer Director	$0	$0	$0
Kathryn Fernandez Lafrentz	Director	1.00	Director	$0	$0	$0
Kyle Homan	Director	1.00	Director	$0	$0	$0
Lakischia Smith	Director	1.00	Director	$0	$0	$0
Lilith Winkler-Schor	Vice-President	1.00	Officer Director	$0	$0	$0
Michael C Hubbard II	Treasurer	1.00	Officer Director	$0	$0	$0
Reuben DeTiege	Director	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
2022	$627,138	$377,544	$536,444	$249,594
2022	$255,460	$168,982	$635,448	$86,478
2021	$409,451	$211,036	$282,202	$198,415

Fund 17