THE VII FOUNDATION INC (EIN 510427657) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

RON JACQUES

Phone

9173859288

Tax Period

2023-01-01 to 2023-12-31

THE VII FOUNDATION INC, founded in 2001, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 63% operating deficit.

Mission

THE VII FOUNDATION'S MISSION IS TO TRANSFORM VISUAL JOURNALISM BY EMPOWERING NEW VOICES AND CREATING STORIES THAT ADVOCATE CHANGE. IN A WORLD WHERE BELIEFS AND ACTIONS ARE INCREASINGLY OUT-OF-SYNC WITH FACTS AND REALITIES, TRANSFORMING VISUAL JOURNALISM IS AN URGENT TASK.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,151,161

Program Service Revenue $20,428

Investment Income $0

Other Revenue $300

TOTAL REVENUE $1,171,889

Expense Breakdown

Grants Paid $505,897

Salaries & Benefits $370,694

Fundraising Expenses $200,732

Program Expenses $1,538,557

Other Expenses $1,034,511

TOTAL EXPENSES $1,911,102

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,171,889	$1,831,890	-0.4%
Expenses	$1,911,102	$2,414,322	-0.2%
Net Income	$-739,213	$-582,432	+0.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$281,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY KNIGHT	DIRECTOR	40.00	Officer	$219,000	$0	$219,000
RON JACQUES	DIRECTOR	30.00	Officer	$62,000	$0	$62,000
WHITNEY BOWER	TRUSTEE	5.00	Director	$0	$0	$0
MEREDITH DEWITT	TRUSTEE	5.00	Director	$0	$0	$0
BALKRISHAN GILL	TRUSTEE	5.00	Director	$0	$0	$0
THAO GRIFFITHS	TRUSTEE	N/A	Director	$0	$0	$0
JUSTIN MCKIE	TRUSTEE	5.00	Director	$0	$0	$0
TANVI MIISHRA	TRUSTEE	5.00	Director	$0	$0	$0
TED NELSON	TRUSTEE	5.00	Director	$0	$0	$0
ANDREW REID	CHAIR OF BOA	5.00	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
2024	No data	No data	No data	No data
2023	$1,171,889	$1,911,102	$2,391,084	$-739,213
2023	$1,124,715	$1,875,874	$2,391,084	$-751,159
2022	$1,831,890	$2,414,322	$3,146,719	$-582,432
2022	$1,842,485	$2,434,617	$3,146,719	$-592,132
2021	$1,703,052	$2,014,216	$3,675,290	$-311,164
2020	$1,692,042	$1,642,496	$3,929,891	$49,546
2020	$1,694,294	$1,513,330	$4,043,000	$180,964
2019	$1,141,264	$2,528,481	$3,967,275	$-1,387,217
2018	$6,594,605	$1,388,098	$5,354,492	$5,206,507

THE VII FOUNDATION INC