The Sobrato Foundation (EIN 800091312) - 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

2004

Legal Domicile

Phone

6504505400

Tax Period

2023-01-01 to 2023-12-31

The Sobrato Foundation, founded in 2004, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.8M in total revenue in fiscal year 2023. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $18.2M exceeded revenue, resulting in a 553% operating deficit.

Mission

THE SOBRATO FOUNDATION SUPPORTS NONPROFITS AND SOCIAL IMPACT ORGANIZATIONS SERVING AT-RISK AND VULNERABLE MEMBERS OF OUR COMMUNITY. THE FOUNDATION ALSO MAKES INVESTMENTS TO SUPPORT PHILANTHROPIC ACTIVITIES RECOMMENDED BY INDIVIDUAL SOBRATO FAMILY MEMBERS.

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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 $0

Program Service Revenue $2,144,863

Investment Income $646,551

Other Revenue $0

TOTAL REVENUE $2,791,414

Expense Breakdown

Grants Paid $10,680,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,024,661

Other Expenses $7,549,572

TOTAL EXPENSES $18,229,572

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,791,414	$11,653,970	-0.8%
Expenses	$18,229,572	$21,434,039	-0.1%
Net Income	$-15,438,158	$-9,780,069	+0.6%

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

N/A

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

$1,197,190

Total Directors

$1,197,190

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	President	0.5	Officer Director	$0	$0	$0
N/A	Treasurer/CEO of SVCF	0.5	Officer Director	$0	$86,617	$1,197,190
N/A	Director	0.5	Director	$0	$0	$0
N/A	Interim Secretary	0.5	Officer	$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	$2,791,414	$18,229,572	$126,077,732	$-15,438,158
2022	$11,653,970	$21,434,039	$142,743,263	$-9,780,069
2021	$3,690,713	$21,179,677	$153,186,156	$-17,488,964
2020	$133,868,377	$8,748,887	$166,973,923	$125,119,490
2019	$6,331,852	$3,215,027	$41,195,124	$3,116,825
2018	$4,068,234	$81,322,446	$37,773,773	$-77,254,212

The Sobrato Foundation