SLINGSHOT FUND INC

EIN: 471833392 501(c)(3) Philanthropy & Grantmaking

NEW YORK, NY

Total Revenue
$470,772
Total Expenses
$802,747
Total Assets
$337,526
Net Assets
$280,602
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
STEFANIE J RHODES
Phone
6468382148
Tax Period
2024-01-01 to 2024-12-31

SLINGSHOT FUND INC, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $471K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $803K exceeded revenue, resulting in a 71% operating deficit.

Mission

SLINGSHOT MOBILIZES YOUNG JEWISH PHILANTHROPISTS AS FUNDERS AND ACTIVE CHANGE AGENTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $439,382
Program Service Revenue $25,000
Investment Income $6,390
Other Revenue $0
TOTAL REVENUE $470,772

Expense Breakdown

Grants Paid $76,000
Salaries & Benefits $484,686
Fundraising Expenses $103,959
Program Expenses $460,737
Other Expenses $242,061
TOTAL EXPENSES $802,747

Year-over-Year Comparison

2024 2023 Change
Revenue $470,772 $534,715 -0.1%
Expenses $802,747 $781,510 +0.0%
Net Income $-331,975 $-246,795 +0.3%
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

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Governance

Voting Members
9
Independent Members
9
Employees
3
Volunteers
9

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
4
$253,897
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENA VERHOFF CHAIR 1.00
Officer Director
$0 $0 $0
DEBRA HOKIN MEYER TREASURER 1.00
Officer Director
$0 $0 $0
JESSICA LEIFER SECRETARY 1.00
Officer Director
$0 $0 $0
MATTHEW GHAN DIRECTOR 1.00
Director
$0 $0 $0
LANA FERN DIRECTOR 1.00
Director
$0 $0 $0
COBY LERNER DIRECTOR 1.00
Director
$0 $0 $0
GILA MODELL DIRECTOR 1.00
Director
$0 $0 $0
SAMANTHA NATHAN DIRECTOR 1.00
Director
$0 $0 $0
ADINA SCHWARTZ DIRECTOR 1.00
Director
$0 $0 $0
STEFANIE J RHODES EXECUTIVE DIRECTOR 35.00
Officer
$207,431 $46,466 $253,897
RACHEL HODES CHIEF PROGRAM OFFICER 35.00
Highest
$108,536 $4,642 $113,178
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 $470,772 $802,747 $337,526 $-331,975
2023 $534,715 $781,510 $704,346 $-246,795
2022 $790,912 $709,222 $917,245 $81,690
2021 $460,872 $761,823 $826,626 $-300,951
2020 $952,680 $631,241 $1,205,033 $321,439
2019 $684,882 $585,061 $782,994 $99,821
2018 $776,117 $678,991 $709,541 $97,126
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