TESSERACT INC (EIN 800378174) - 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

2009

Legal Domicile

Principal Officer

ERICA PAYNE

Phone

2024032289

Tax Period

2024-01-01 to 2024-12-31

TESSERACT INC, founded in 2009, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $273K, a strong 25% operating margin.

Mission

TESSERACT, INC. IS A NON-PROFIT CORPORATION DEDICATED TO PRESERVING AND PERFECTING DEMOCRATIC CAPITALISM BY REFORMING THE TAX SYSTEM, LABOR POLICIES AND DEMOCRATIC PROCESSES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,100,043

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,100,043

Expense Breakdown

Grants Paid $0

Salaries & Benefits $507,648

Fundraising Expenses $110,788

Program Expenses $542,678

Other Expenses $319,623

TOTAL EXPENSES $827,271

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,100,043	$890,195	+0.2%
Expenses	$827,271	$700,880	+0.2%
Net Income	$272,772	$189,315	+0.4%

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

$619,985

Total Directors

$360,078

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERICA PAYNE	PRESIDENT	8.00	Officer Director	$68,654	$33,155	$360,078
Jodie Rubenstein	Treasurer/Secretary	8.00	Officer	$45,598	$42,775	$259,907
DYLAN DUSSEAULT	POLITICAL DIRECTOR	32.00		$118,325	$16,086	$165,864
RENE FELT	ART DIRECTOR	8.00	Highest	$29,048	$23,838	$162,161
ADAM SHUBERT	CHIEF OF STAFF	8.00	Highest	$25,452	$7,200	$128,400
GENE HAIGH	SENIOR ADVISOR	8.00	Highest	$23,423	$22,409	$133,948
CHASE HARDIN	COMMUNICATIONS DIRECTOR	8.00		$22,955	$13,496	$122,804
ROBERT LORD	SENIOR ADVISOR	8.00	Highest	$23,100	$6,538	$116,538
ANA MARIA ARCHILA	DIRECTOR	0.50	Director	$0	$0	$0
MORRIS PEARL	CHAIRMAN OF THE BOARD	0.50	Officer Director	$0	$0	$0
DREW POMERANCE	DIRECTOR	0.50	Director	$0	$0	$0
STEPHEN PRINCE	DIRECTOR	0.50	Director	$0	$0	$0
CHUCK COLLINS	DIRECTOR	0.50	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	$1,100,043	$827,271	$517,193	$272,772
2023	$890,195	$700,880	$270,231	$189,315
2022	$1,106,509	$1,322,728	$123,537	$-216,219
2022	$1,106,509	$1,322,728	$123,537	$-216,219
2021	$1,264,966	$1,135,051	$304,697	$129,915
2020	$753,138	$996,689	$105,767	$-243,551
2019	$1,347,354	$998,521	$433,508	$348,833
2018	$805,469	$1,091,381	$222,179	$-285,912

TESSERACT INC