TAPROOT COLLECTIVE INC (EIN 821454431) - 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

2017

Legal Domicile

Principal Officer

NATHANIEL MICH

Phone

5853706222

Tax Period

2023-01-01 to 2023-12-31

TAPROOT COLLECTIVE INC, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $180K in total revenue in fiscal year 2023. Expenses of $227K exceeded revenue, resulting in a 26% operating deficit.

Mission

TAPROOT'S MISSION IS TO DESIGN AND BUILD HOLISTIC SYSTEMS FOR HEALTHY LOCAL FOOD, AND EDUCATIONAL OPPORTUNITIES WITH YOUTH AND FAMILIES. WE DESIGN SHARED URBAN GREENSPACES AND THE PROGRAMMING THAT UNLOCKS ITS POTENTIAL FOR FOOD SOVEREIGNTY, YOUTH EMPLOYMENT, ENVIRONMENTAL JUSTICE, COMMUNITY BUILDING, AND RACIAL EQUITY. WE OFFER SEASONAL YOUTH EMPLOYMENT OPPORTUNITIES, AND EDUCATIONAL OPPORTUNITIES FOR COMMUNITY GARDEN LEADERS IN ROCHESTER, K-12 YOUTH, UNIVERSITY STUDENTS, EDUCATORS WORKING WITH YOUTH, AND THE GENERAL PUBLIC. OUR VISION IS A FOR ROCHESTER TO BE FILLED WITH THRIVING NEIGHBORHOODS WHERE ALL PEOPLE HAVE EQUITABLE ACCESS TO CRITICAL RESOURCES.

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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 $179,064

Program Service Revenue $111

Investment Income $178

Other Revenue $178

TOTAL REVENUE $179,531

Expense Breakdown

Grants Paid $0

Salaries & Benefits $170,304

Fundraising Expenses $0

Program Expenses $199,068

Other Expenses $56,248

TOTAL EXPENSES $226,552

Year-over-Year Comparison

	2023	2022	Change
Revenue	$179,531	$183,502	0.0%
Expenses	$226,552	$106,934	+1.1%
Net Income	$-47,021	$76,568	-1.6%

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

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
STEPHANIE BENWAY	BOARD MEMBER	2.00	Director	$0	$0	$0
MADELAINE BRITT	BOARD MEMBER	2.00	Director	$0	$0	$0
MIKE EVANS	BOARD MEMBER	2.00	Director	$0	$0	$0
KRISTIN HOCKER	BOARD MEMBER	2.00	Director	$0	$0	$0
LESLIE KNOW	CHAIR	3.00	Officer Director	$0	$0	$0
AMBER POWERS	TREASURER	5.00	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
2024	No data	No data	No data	No data
2023	$179,531	$226,552	$201,747	$-47,021

TAPROOT COLLECTIVE INC