PEOPLEFUND

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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

1994

Legal Domicile

Principal Officer

GUSTAVO LASALA

Phone

8882220017

Tax Period

2023-01-01 to 2023-12-31

PEOPLEFUND, founded in 1994, is a mid-sized nonprofit in the Community Improvement sector that reported $11.2M in total revenue in fiscal year 2023.

Mission

PEOPLEFUND CREATES ECONOMIC OPPORTUNITY AND FINANCIAL STABILITY FOR UNDERSERVED PEOPLE AND COMMUNITIES BY PROVIDING ACCESS TO CAPITAL, EDUCATION, AND RESOURCES TO BUILD HEALTHY SMALL BUSINESSES.

Program Service Accomplishments

Program 1

Expenses: $8,893,964 Revenue: $5,902,605

PEOPLEFUND IS A 501(C)(3) NONPROFIT CORPORATION WHOSE MISSION IS TO PROMOTE ECONOMIC VITALITY AND OPPORTUNITY IN LOW INCOME COMMUNITIES BY PROVIDING FINANCIAL SERVICES AND TECHNICAL ASSISTANCE THAT WILL: CREATE JOBS, PROVIDE NEEDED GOODS AND SERVICES, IMPROVE THE PHYSICAL ENVIRONMENT, PROMOTE DIVERSITY, ENTREPRENEURIAL SUCCESS, AND BUILD INDIVIDUAL AND COMMUNITY ASSETS. PEOPLEFUND PROVIDES FINANCING AND COMPREHENSIVE TECHNICAL ASSISTANCE SERVICES TO BUSINESSES, COMMUNITY ORGANIZATIONS, AND MICROENTERPRISES IN LOWER INCOME COMMUNITIES THROUGHOUT TEXAS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,823,515

Program Service Revenue $5,902,605

Investment Income $377,386

Other Revenue $72,789

TOTAL REVENUE $11,176,295

Expense Breakdown

Grants Paid $479,496

Salaries & Benefits $5,734,853

Fundraising Expenses $626,779

Program Expenses $8,893,964

Other Expenses $4,991,304

TOTAL EXPENSES $11,205,653

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,176,295	$11,186,466	0.0%
Expenses	$11,205,653	$10,360,911	+0.1%
Net Income	$-29,358	$825,555	-1.0%

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

$508,274

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUTHER BRANHAM	CHAIR	1.00	Officer Director	$0	$0	$0
YOLANDA DAVILA	CHAIR (THRU 4/17/23)	1.00	Officer Director	$0	$0	$0
NINA NELMS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BRIAN HALL	VICE CHAIR (THRU 4/17/23)	1.00	Officer Director	$0	$0	$0
ANNA SANCHEZ	SECRETARY	1.00	Officer Director	$0	$0	$0
BETH LIPSON	TREASURER	1.00	Officer Director	$0	$0	$0
CECILIA CASTELO	DIRECTOR	1.00	Director	$0	$0	$0
LARRY MILLER	DIRECTOR	1.00	Director	$0	$0	$0
JACK NELSON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN BURER	DIRECTOR	1.00	Director	$0	$0	$0
DOROTHY CLEAVES	DIRECTOR	1.00	Director	$0	$0	$0
NENA SHAH	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN RUBIO	DIRECTOR	1.00	Director	$0	$0	$0
EUGENE SEPULVEDA	DIRECTOR	1.00	Director	$0	$0	$0
MIKE MOSKOVITZ	DIRECTOR	1.00	Director	$0	$0	$0
GUSTAVO LASALA	PRESIDENT AND CEO	40.00	Officer	$262,243	$19,328	$281,571
ANTHONY HEDGER	CFO	40.00	Officer	$208,367	$18,336	$226,703
JENNIFER PALECEK	SVP OF PHILANTHROPIC PARTNERSHIPS	40.00	Highest	$167,125	$13,885	$181,010
WILLIAM ANDERSON	DIRECTOR OF LENDING	40.00	Highest	$141,043	$14,144	$155,187
KRISTI ESPINO	CONTROLLER	40.00	Highest	$118,901	$14,493	$133,394
DAWNETTA SMITH	SR DIRECTOR EDUCATION & TRAINING	40.00	Highest	$118,708	$13,249	$131,957
THERESA WILSON	SR DIRECTOR HUMAN RESOURCES	40.00	Highest	$116,445	$14,689	$131,134

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$11,176,295	$11,205,653	$75,269,243	$-29,358
2022	$11,186,466	$10,360,911	$70,013,078	$825,555
2021	$14,535,836	$7,530,752	$66,108,373	$7,005,084
2020	$15,691,172	$13,204,465	$52,643,100	$2,486,707
2019	$7,384,956	$6,541,978	$43,786,746	$842,978
2018	$5,676,882	$5,506,816	$41,626,102	$170,066