THE SPRINGBOARD INITIATIVE (EIN 810736392) - 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

2015

Legal Domicile

Principal Officer

SIGMUND ANDERMAN

Phone

4252416061

Tax Period

2023-01-01 to 2023-12-31

THE SPRINGBOARD INITIATIVE, founded in 2015, is a micro nonprofit in the Human Services sector that reported $25K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $6K, a strong 24% operating margin.

Mission

THE GOALS OF THIS FOUNDATION ARE TO HELP UNDERPRIVILEGED MINORITIES IN THE BAY AREA SECURE LONG-TERM EMPLOYMENT IN HIGH TECH COMPANIES OPERATING IN THE SAN FRANCISCO BAY AREA.

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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 $25,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $25,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,000

Other Expenses $19,122

TOTAL EXPENSES $19,122

Year-over-Year Comparison

	2023	2022	Change
Revenue	$25,000	$50,000	-0.5%
Expenses	$19,122	$18,822	+0.0%
Net Income	$5,878	$31,178	-0.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SIGMUND ANDERMAN	CEO & PRESID	3.00	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
2023	$25,000	$19,122	$55,434	$5,878
2022	$50,000	$18,822	$49,556	$31,178
2021	$85,000	$66,777	$18,378	$18,223
2020	$11,775	$11,717	$155	$58
2019	No data	No data	$97	No data
2018	$54,010	$69,193	$97	$-15,183

THE SPRINGBOARD INITIATIVE