VENTURE CATALYSTS

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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

Principal Officer

KELLY LAPIERRE

Phone

3137660134

Tax Period

2019-01-01 to 2019-12-31

VENTURE CATALYSTS, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $419K in total revenue in fiscal year 2019. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $359K left a modest 14% surplus.

Mission

VENTURE CATALYSTS IS A NON-PROFIT WITH THE MISSION OF BUILDING AN INCLUSIVE ENTREPRENEURIAL ECOSYSTEM IN DETROIT THROUGH STRATEGIC LARGE SCALE ENTREPRENEURSHIP EVENTS AND TARGETED GROWTH PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $135,832

DETROIT STARTUP WEEK 2019 - OUR ANCHOR PROGRAM, DETROIT STARTUP WEEK, IS NOW THE LARGEST FREE ENTREPRENEURSHIP EVENT IN MICHIGAN THAT INVITES ALL FOUNDERS INTO METRO DETROIT'S STARTUP ECOSYSTEM.

Program 2

Expenses: $100,000

BACKSTAGE CAPITAL DETROIT ACCELERATOR 2019 - THE INAUGURAL THREE MONTH IN PERSON ACCELERATOR FOCUSES ON INVESTING IN UNDERREPRESENTED FOUNDERS.

Program 3

Expenses: $3,408

STARTUP BOOST 2019 - A 6 WEEK PRE ACCELERATOR PROGRAM TO LEAD PRE-SEED STAGE STARTUPS TOWARDS ACCELERATORS, INVESTMENT, AND/OR REVENUE

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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 (2019)

Revenue Breakdown

Contributions & Grants $418,843

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $418,843

Expense Breakdown

Grants Paid $125,000

Salaries & Benefits $50,422

Fundraising Expenses $0

Program Expenses $354,840

Other Expenses $183,998

TOTAL EXPENSES $359,420

Year-over-Year Comparison

	2019	2018	Change
Revenue	$418,843	$386,850	+0.1%
Expenses	$359,420	$381,292	-0.1%
Net Income	$59,423	$5,558	+9.7%

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

186

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

$18,090

Total Directors