UNITE HERE EDUCATION AND SUPPORT FUND (EIN 522351515) - 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

DONALD R TAYLOR

Phone

2122657000

Tax Period

2023-01-01 to 2023-12-31

UNITE HERE EDUCATION AND SUPPORT FUND, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $136K in total revenue in fiscal year 2023. Revenue surged 716% from the prior year, signaling strong growth momentum. Expenses of $421K exceeded revenue, resulting in a 210% operating deficit.

Mission

WE PROVIDE FINANCIAL ASSISTANCE TO HOSPITALITY INDUSTRY WORKERS IN TIMES OF ECONOMIC HARDSHIP.

🔒

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 $135,771

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $135,771

Expense Breakdown

Grants Paid $200,000

Salaries & Benefits $191,488

Fundraising Expenses $0

Program Expenses $391,488

Other Expenses $29,310

TOTAL EXPENSES $420,798

Year-over-Year Comparison

	2023	2022	Change
Revenue	$135,771	$16,648	+7.2%
Expenses	$420,798	$53,462	+6.9%
Net Income	$-285,027	$-36,814	+6.7%

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

N/A

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

$642,348

Total Directors

$642,348

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD R TAYLOR	PRESIDENT & DIRECTOR	1.00	Officer Director	$0	$82,648	$370,078
GWENDOLYN MILLS	TREASURER & DIRECTOR	1.00	Officer Director	$0	$71,280	$272,270
BRIGETTE BROWNING	SECRETARY & DIRECTOR	0.50	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
2024	No data	No data	No data	No data
2023	$135,771	$420,798	$1,212,695	$-285,027
2022	$16,648	$53,462	$1,669,115	$-36,814
2020	$3,332,057	$834,348	$2,893,624	$2,497,709

UNITE HERE EDUCATION AND SUPPORT FUND