ROOTS OF DEVELOPMENT INC (EIN 800490699) - 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

2007

Legal Domicile

Principal Officer

CHAD BISSONNETTE

Phone

2026836863

Tax Period

2023-01-01 to 2023-12-31

ROOTS OF DEVELOPMENT INC, founded in 2007, is a small nonprofit in the International Affairs sector that reported $493K in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $117K, a strong 24% operating margin.

Mission

ROOTS OF DEVELOPMENT'S MISSION IS TO HELP LEADERS IN MARGINALIZED COMMUNITIES ACQUIRE THE ORGANIZATIONAL SKILLS AND FINANCIAL RESOURCES THEY NEED TO MANAGE THEIR OWN DEVELOPMENT AND IMPROVE QUALITY OF LIFE IN HAITI.

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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 $507,705

Program Service Revenue $0

Investment Income $6

Other Revenue $-14,498

TOTAL REVENUE $493,213

Expense Breakdown

Grants Paid $144,132

Salaries & Benefits $98,853

Fundraising Expenses $45,359

Program Expenses $304,226

Other Expenses $132,818

TOTAL EXPENSES $375,803

Year-over-Year Comparison

	2023	2022	Change
Revenue	$493,213	$321,890	+0.5%
Expenses	$375,803	$321,433	+0.2%
Net Income	$117,410	$457	+255.9%

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

$91,545

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENDA HUNEYCUTT	BOARD MEMBER	1.00	Director	$0	$0	$0
KARL RACINE	BOARD MEMBER	1.00	Director	$0	$0	$0
LUC CASTERA	BOARD MEMBER	1.00	Director	$0	$0	$0
RUDY BRIOCHE	CHAIR	1.00	Officer Director	$0	$0	$0
JENNA WILLITS	TREASURER	1.00	Officer Director	$0	$0	$0
CHRISTOPHER WELLS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JEAN FRANCOIS BAUER	SECRETARY	1.00	Officer Director	$0	$0	$0
CHAD BISSONNETTE	EXECUTIVE DIRECTOR	40.00	Officer	$90,000	$1,545	$91,545

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	$493,213	$375,803	$163,364	$117,410
2022	$321,890	$321,433	$75,218	$457
2021	$352,539	$294,445	$176,658	$58,094
2020	$227,052	$241,983	$132,980	$-14,931
2019	$214,778	$235,136	$4,430	$-20,358
2018	$169,757	$187,963	$24,681	$-18,206

ROOTS OF DEVELOPMENT INC