HONNOLD FOUNDATION (EIN 830833980) - 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

Principal Officer

EMILY TEITSWORTH

Phone

8013131900

Tax Period

2023-01-01 to 2023-12-31

HONNOLD FOUNDATION, founded in 2018, is a community nonprofit in the Environment sector that reported $1.9M in total revenue in fiscal year 2023. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $3.6M exceeded revenue, resulting in a 83% operating deficit.

Mission

THE HONNOLD FOUNDATIONS MISSION IS TO PARTNER WITH MARGINALIZED COMMUNITIES TO EXPAND EQUITABLE SOLAR ENERGY ACCESS. HF FUNDS EARLY-STAGE SOLAR ENERGY SOLUTIONS IN MARGINALIZED COMMUNITIES, BUILDS CAPACITY, AND AMPLIFIES LOCAL SOLUTIONS BECAUSE WE BELIEVE THOSE EXPERIENCING THE GREATEST IMPACTS FROM CLIMATE CHANGE, ECONOMIC INSTABILITY, AND SOCIAL INJUSTICE STAND TO BENEFIT THE MOST FROM THE RENEWABLE ENERGY TRANSITION, AND THEIR VISION AND EXPERTISE CAN LEAD THE WAY.

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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 $1,924,766

Program Service Revenue $0

Investment Income $19,760

Other Revenue $0

TOTAL REVENUE $1,944,526

Expense Breakdown

Grants Paid $2,266,014

Salaries & Benefits $774,982

Fundraising Expenses $173,823

Program Expenses $3,217,725

Other Expenses $522,497

TOTAL EXPENSES $3,563,493

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,944,526	$6,977,163	-0.7%
Expenses	$3,563,493	$2,838,169	+0.3%
Net Income	$-1,618,967	$4,138,994	-1.4%

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

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

$173,828

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EMILY TEITSWORTH	EXECUTIVE DI	45.00	Officer	$154,990	$18,838	$173,828
KATE TRUJILLO	DEPUTY DIREC	45.00	Highest	$110,148	$15,738	$125,886
NANCY FEAGIN	TREASURER	N/A	Director	$0	$0	$0
ALEX HONNOLD	BOARD MEMBER	N/A	Director	$0	$0	$0
PETER MARTIN	BOARD MEMBER	N/A	Director	$0	$0	$0
LEN NECEFER	VICE-CHAIR	N/A	Director	$0	$0	$0
BRADY ROBINSON	CHAIR	N/A	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	No data	No data	No data	No data
2023	$1,944,526	$3,563,493	$1,808,042	$-1,618,967
2022	$6,977,163	$2,838,169	$6,354,284	$4,138,994
2021	$2,549,011	$1,525,476	$2,206,815	$1,023,535
2020	$1,449,007	$1,391,075	$1,184,394	$57,932
2019	$1,456,231	$546,345	$1,123,534	$909,886

HONNOLD FOUNDATION