LEVER FUND

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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

2013

Legal Domicile

Principal Officer

CONNIE CHANG

Phone

2024913356

Tax Period

2023-01-01 to 2023-12-31

LEVER FUND, founded in 2013, is a micro nonprofit in the Human Services sector that reported $67K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $80K exceeded revenue, resulting in a 18% operating deficit.

Mission

THE LEVER FUND WAS FORMED WITH THE MISSION TO RAISE MORE LOCAL POVERTY-FIGHTING DOLLARS AND TO SPEND THEM IN A SMARTER, DATA-DRIVEN WAY.THE LEVER FUND MODEL IS INSPIRED BY SUCCESSFUL ORGANIZATIONS SUCH AS THE ROBIN HOOD FOUNDATION (NEW YORK CITY, NY), A BETTER CHICAGO (CHICAGO, IL), AND TIPPING POINT (SAN FRANCISCO, CA). LIKE THESE INNOVATIVE NONPROFIT FUNDERS, THE LEVER FUND APPLIES SOUND METRICS, EMPHASIZES GENUINE IMPACT, AND IS COMMITTED TO PRODUCING SOLID RETURNS ON INVESTMENT WITH THE GOAL OF MOVING PEOPLE FROM POVERTY TO OPPORTUNITY--WHILE KEEPING INVESTORS INFORMED EVERY STEP OF THE WAY.

Program Service Accomplishments

Program 1

Expenses: $25,957

RAISE LOCAL POVERTY-FIGHTING DOLLARS AND MAKE INVESTMENTS/GRANTS IN HIGH-PERFORMANCE, HIGH-IMPACT NONPROFITS IN NORTHERN VIRGINIA, THE DISTRICT, AND MARYLAND.

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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 $67,417

Program Service Revenue $0

Investment Income $13

Other Revenue $0

TOTAL REVENUE $67,430

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $0

Fundraising Expenses $47,649

Program Expenses $25,957

Other Expenses $59,563

TOTAL EXPENSES $79,563

Year-over-Year Comparison

	2023	2022	Change
Revenue	$67,430	$107,593	-0.4%
Expenses	$79,563	$80,916	0.0%
Net Income	$-12,133	$26,677	-1.5%

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
NATHANIEL PEARLMAN	FOUNDER	0.10	Officer Director	$0	$0	$0
CONNIE K N CHANG	BOARD CHAIR & TREASURER	5.00	Director	$0	$0	$0
MATT CLYNE	BOARD MEMBER	0.50	Director	$0	$0	$0
HARLEY RADIN	BOARD MEMBER	0.50	Director	$0	$0	$0
HANNFRIED VON HINDENBERG	BOARD MEMBER	0.50	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
2023	$67,430	$79,563	$26,103	$-12,133
2022	$107,593	$80,916	$48,363	$26,677
2021	$60,613	$71,664	$26,612	$-11,051
2020	$64,342	$55,470	$38,005	$8,872
2019	$32,724	$25,552	$29,130	$7,172
2018	$21,037	$105,794	$21,958	$-84,757