ENTREPRENEURSHIP FOR ALL INC

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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

MERALIS HOOD

Phone

8333367255

Tax Period

2024-01-01 to 2024-12-31

ENTREPRENEURSHIP FOR ALL INC, founded in 2014, is a community nonprofit in the Community Improvement sector that reported $6.8M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $11.9M exceeded revenue, resulting in a 76% operating deficit.

Mission

ENTREPRENEURSHIP FOR ALL, INC. (EFORALL) IS ACCELERATING ECONOMIC AND SOCIAL IMPACT IN COMMUNITIES NATIONWIDE THROUGH INCLUSIVE ENTREPRENEURSHIP.

Program Service Accomplishments

Program 1

Expenses: $8,052,564

THE ORGANIZATION IS A 501 (C) (3) NON-PROFIT ORGANIZATION DEDICATED TO ACCELERATING ECONOMIC AND SOCIAL IMPACT THROUGH ENTREPRENEURSHIP IN UNDER RESOURCED MID-SIZED CITIES. WE FOSTER ECONOMIC GROWTH AND JOB CREATION IN THESE UNDERSERVED COMMUNITIES BY RAISING THE VISIBILITY OF ENTREPRENEURSHIP WITHIN THEM AND TRAINING ASPIRING ENTREPRENEURS SO THEY HAVE A HIGHER LIKELIHOOD OF SUCCESS WITH THEIR VENTURES. STRONG PREFERENCE IS GIVEN TO CANDIDATES THAT EITHER RESIDE IN OR INTEND TO START BUSINESSES IN UNDERSERVED OR DISADVANTAGED COMMUNITIES. THE ORGANIZATION WILL PURSUE ITS CHARITABLE OBJECTIVES THROUGH:1.AWARENESS BUILDING AMONGST LOW INCOME, LOW EDUCATION LEVEL, OR UNEMPLOYED RESIDENTS PROVIDING ACCESS TO RESOURCES, AND NON-ENGLISH SPEAKING PROGRAMS2.TRAINING AND SUPPORT WHICH WILL INCLUDE HOSTING ACCELERATOR PROGRAMS FOR SELECTED INDIVIDUALS ASPIRING TO LAUNCH A NEW BUSINESS OR NONPROFIT3.PROVIDING ACCESS TO RESOURCES INCLUDING THE PROVISION OF CAPITAL TO ACCELERATOR PROGRAM GRADUATES AND THE USE OF OFFICE SPACE AND RELATED SERVICES4.NON-ENGLISH SPEAKING PROGRAMS IN ORDER TO ENGAGE UNDERPRIVILEGED RESIDENTS WHO DO NOT SPEAK ENGLISH AS A FIRST LANGUAGE

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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 $6,610,607

Program Service Revenue $0

Investment Income $156,808

Other Revenue $1,765

TOTAL REVENUE $6,769,180

Expense Breakdown

Grants Paid $532,719

Salaries & Benefits $9,595,020

Fundraising Expenses $838,491

Program Expenses $8,052,564

Other Expenses $1,792,177

TOTAL EXPENSES $11,919,916

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,769,180	$8,580,906	-0.2%
Expenses	$11,919,916	$9,470,345	+0.3%
Net Income	$-5,150,736	$-889,439	+4.8%

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

104

Volunteers

894

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

$1,289,530

Total Directors

$312,786

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MERALIS HOOD	CEO/PRESIDENT	40.00	Officer Director	$293,345	$19,441	$312,786
GAIL GOODMAN	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
SERVJEET BHACHU	DIRECTOR/TREASURER/CLERK	1.00	Officer Director	$0	$0	$0
SETH GOODALL	DIRECTOR	1.00	Director	$0	$0	$0
INAMARIE JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
DAVID PARKER	DIRECTOR	1.00	Director	$0	$0	$0
MATT SHULMAN	DIRECTOR	1.00	Director	$0	$0	$0
ANKUR GOPAL	DIRECTOR	1.00	Director	$0	$0	$0
MARY ANN SKEWES	DIRECTOR	1.00	Director	$0	$0	$0
CATHERINE DILLION	DIRECTOR	1.00	Director	$0	$0	$0
GARY CHAMBERLAIN	CHIEF TECHNOLOGY OFFICER	40.00	Officer	$248,052	$19,441	$267,493
CARLETTA HILL	DIRECTOR OF HR	40.00	Officer	$221,371	$13,438	$234,809
PETER WHALEY	CHIEF OPERATING OFFICER	40.00	Officer	$226,593	$13,112	$239,705
JULIE SMITH	CMO	40.00	Officer	$223,478	$11,259	$234,737
ANDRE SILVA	DIRECTOR OF PROGRAM EXPENS	40.00	Highest	$157,500	$0	$157,500
VANESSA GALLANT	DIRECTOR OF CREATIVE OPERA	40.00	Highest	$142,717	$12,825	$155,542
AKI DAVIS	VP OF FINANCE	40.00	Highest	$198,025	$18,235	$216,260
JEREMIAH HERNANDEZ	COMMUNITY GROWTH & EXPANSION MANAGER	40.00	Highest	$135,577	$10,973	$146,550
PETER CAKOUNES	SOFTWARE DEVELOPMENT MANAGER	40.00	Highest	$132,774	$6,525	$139,299

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	$6,769,180	$11,919,916	$4,039,285	$-5,150,736
2023	$8,580,906	$9,470,345	$9,148,750	$-889,439
2022	$8,652,689	$7,975,154	$10,717,760	$677,535
2021	$9,183,052	$5,798,246	$9,819,862	$3,384,806
2020	$7,093,970	$4,034,093	$6,277,613	$3,059,877
2019	$5,023,446	$3,544,756	$3,364,841	$1,478,690
2018	$3,025,511	$2,297,645	$1,815,885	$727,866