Erace the Hate Corp

EIN: 825254643 501(c)(3) Arts, Culture & Humanities

Miami, FL

Total Revenue
$265,268
Total Expenses
$77,765
Total Assets
$333,340
Net Assets
$333,049
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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
2020
Legal Domicile
FL
Principal Officer
Lyndon M Gray
Tax Period
2023-01-01 to 2023-12-31

Erace the Hate Corp, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $265K in total revenue in fiscal year 2023. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $188K, a strong 71% operating margin.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $265,268
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $265,268

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,200
Fundraising Expenses $0
Program Expenses $62,365
Other Expenses $76,565
TOTAL EXPENSES $77,765

Year-over-Year Comparison

2023 2022 Change
Revenue $265,268 $141,388 +0.9%
Expenses $77,765 $36,035 +1.2%
Net Income $187,503 $105,353 +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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David M Torrence Treasurer 2.00
Officer Director
$0 $0 $0
Jace D Henderson Secretary 2.00
Officer Director
$0 $0 $0
Lyndon M Gray President 2.00
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 $265,268 $77,765 $333,340 $187,503
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