WE OWN IT INC (EIN 474058872) - 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

2015

Legal Domicile

Principal Officer

JAKE SCHLACHTER

Phone

6083758540

Tax Period

2019-01-01 to 2019-12-31

WE OWN IT INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $491K in total revenue in fiscal year 2019. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $627K exceeded revenue, resulting in a 28% operating deficit.

Mission

CATALYZING CITIZEN ACTION FOR DEMOCRACY, PARTICIPATION, AND EXCELLENCE IN COOPERATIVES, THROUGH MEMBER EDUCATION AND ORGANIZING. OUR VISION IS AN ECONOMY THAT WORKS FOR ALL OF US, WITH MANY DEMOCRATICALLY-OWNED BUSINESSES WORKING TO BUILD CIVIC LEADERSHIP AND LOCAL ASSETS, EQUITY, ECONOMIC SECURITY, AND LONG-TERM SUSTAINABILITY.

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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 (2019)

Revenue Breakdown

Contributions & Grants $484,462

Program Service Revenue $0

Investment Income $1,616

Other Revenue $4,958

TOTAL REVENUE $491,036

Expense Breakdown

Grants Paid $160,000

Salaries & Benefits $156,137

Fundraising Expenses $35,888

Program Expenses $458,744

Other Expenses $310,656

TOTAL EXPENSES $626,793

Year-over-Year Comparison

	2019	2018	Change
Revenue	$491,036	$697,145	-0.3%
Expenses	$626,793	$716,764	-0.1%
Net Income	$-135,757	$-19,619	+5.9%

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

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

$90,902

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DON KREIS	CHAIR	3.00	Officer Director	$0	$0	$0
PATRICK COX	TRUSTEE	2.00	Director	$0	$0	$0
KATHRYN ANDERSON	TREASURER	2.00	Officer Director	$0	$0	$0
NATHAN SCHNEIDER	SECRETARY	2.00	Officer Director	$0	$0	$0
JAMES BLAINE	TRUSTEE	2.00	Director	$0	$0	$0
JAKE SCHLACHTER	EXECUTIVE DIRECTOR	40.00	Officer	$85,000	$5,902	$90,902

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
2019	$491,036	$626,793	$314,170	$-135,757
2018	$697,145	$716,764	$505,257	$-19,619

WE OWN IT INC