ECONOMIC JUSTICE FUND (EIN 823512608) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

Scott Berman

Phone

9167584020

Tax Period

2024-01-01 to 2024-12-31

ECONOMIC JUSTICE FUND, founded in 2017, is a community nonprofit in the Public & Societal Benefit sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 124% from the prior year, signaling strong growth momentum. The organization ran a surplus of $643K, a strong 54% operating margin.

Mission

To provide fair and affordable financing and financial development services for the economic empowerment of underrepresented, low-income borrowers.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,099,276

Program Service Revenue $83,220

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,182,496

Expense Breakdown

Grants Paid $0

Salaries & Benefits $179,070

Fundraising Expenses $19,907

Program Expenses $452,546

Other Expenses $360,784

TOTAL EXPENSES $539,854

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,182,496	$528,166	+1.2%
Expenses	$539,854	$179,973	+2.0%
Net Income	$642,642	$348,193	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$151,710

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Scott Berman	CEO	40	Officer	$136,395	$15,315	$151,710
Ruth Jaure	President	1	Officer Director	$0	$0	$0
Olivia Rebanal	Secretary	1	Officer Director	$0	$0	$0
Scott Sporte	Treasurer	1	Officer Director	$0	$0	$0
Donna Gambrell	Director	1	Director	$0	$0	$0
Abigail Suarez	Director	1	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	$1,182,496	$539,854	$1,376,524	$642,642
2023	$528,166	$179,973	$737,573	$348,193
2021	$172,014	$95,451	$399,809	$76,563
2019	$274,000	$133,673	$198,256	$140,327

ECONOMIC JUSTICE FUND