Erace the Hate Corp

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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

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.

Program Service Accomplishments

Program 1

Expenses: $62,365

THE ERACE THE HATE MENTORSHIP PROGRAM NAMED ARTREPRENEUR, WHICH PAIRS INDIVIDUALS WITH EXPERIENCED PROFESSIONALS TO PROVIDE GUIDANCE AND SUPPORT FOR PERSONAL AND PROFESSIONAL GROWTH. IN ADDITION...

THE ERACE THE HATE MENTORSHIP PROGRAM NAMED ARTREPRENEUR, WHICH PAIRS INDIVIDUALS WITH EXPERIENCED PROFESSIONALS TO PROVIDE GUIDANCE AND SUPPORT FOR PERSONAL AND PROFESSIONAL GROWTH. IN ADDITION, THIS PROGRAM EMPOWERS THEIR LEADERSHIP SKILLS, MOBILIZE COMMUNITIES, ADVOCATED FOR SOCIAL JUSTICE, AND PROMOTE UNITY.

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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 $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

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
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