CARBON UNDERGROUND (EIN 465582094) - 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

2014

Legal Domicile

Principal Officer

LARRY KOPALD

Phone

4246034900

Tax Period

2022-01-01 to 2022-12-31

CARBON UNDERGROUND, founded in 2014, is a small nonprofit in the Environment sector that reported $435K in total revenue in fiscal year 2022. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $512K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO ACCELERATE THE RESTORATION OF SOIL HEALTH AT SCALE, REKINDLING NATURE'S ABILITY TO DRAW DOWN LEGACY CARBON TO HELP MITIGATE THE CLIMATE CRISIS.

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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 $435,291

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $435,291

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,547

Fundraising Expenses $0

Program Expenses $406,357

Other Expenses $452,009

TOTAL EXPENSES $511,556

Year-over-Year Comparison

	2022	2021	Change
Revenue	$435,291	$340,528	+0.3%
Expenses	$511,556	$352,989	+0.4%
Net Income	$-76,265	$-12,461	+5.1%

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

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

$59,547

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RANDI FIAT	DIRECTOR, STRATEGIC PARTNERSHIPS	30	Officer	$0	$59,547	$59,547
HOWARD FISCHER	BOARD MEMBER	10	Director	$0	$0	$0
EARL KATZ	BOARD MEMBER	10	Director	$0	$0	$0
DARCY WINSLOW	BOARD MEMBER	10	Director	$0	$0	$0
FIELD GARTHWAITE	BOARD MEMBER	10	Director	$0	$0	$0
LARRY KOPALD	PRESIDENT	40	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
2022	$435,291	$511,556	$227,868	$-76,265
2022	$435,291	$511,556	$227,868	$-76,265
2021	$340,528	$352,989	$303,438	$-12,461
2020	$312,348	$117,074	$321,876	$195,274

CARBON UNDERGROUND