FEARLESS FOUNDATION (EIN 822178627) - 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

2018

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

FEARLESS FOUNDATION, founded in 2018, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.6M in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $3.9M exceeded revenue, resulting in a 49% operating deficit.

Mission

To provide capital, community, mentorship, education, support, and advocacy to people of color entrepreneurs, in an effort to help them build successful businesses that create jobs, generate revenue and strengthen communities.

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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 $2,596,277

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,596,277

Expense Breakdown

Grants Paid $2,035,000

Salaries & Benefits $630,688

Fundraising Expenses $0

Program Expenses $3,858,964

Other Expenses $1,193,276

TOTAL EXPENSES $3,858,964

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,596,277	$4,166,197	-0.4%
Expenses	$3,858,964	$3,961,625	0.0%
Net Income	$-1,262,687	$204,572	-7.2%

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
ARIAN SIMONE REED	Founder	0.00	Officer	$0	$0	$0
CHRISTINA MURRAY	DIRECTOR OF PROGRAMS	0.00	Key Emp	$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	$2,596,277	$3,858,964	$74,260	$-1,262,687
2022	$4,166,197	$3,961,625	$1,336,947	$204,572
2021	$1,879,003	$931,206	$1,132,374	$947,797
2020	$251,857	$67,805	$184,052	$184,052

FEARLESS FOUNDATION