Commonwise Inc

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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

Julie Swan

Phone

4158511780

Tax Period

2023-07-01 to 2024-06-30

Commonwise Inc, founded in 2018, is a micro nonprofit in the Human Services sector that reported $16K in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $134K exceeded revenue, resulting in a 740% operating deficit.

Mission

To combat environmental deterioration and to promote education.

Program Service Accomplishments

Program 1

Expenses: $125,978

Education and curriculum program: The Organization's Curvd learning program works with educators to cultivate and promote teaching skills to adapt to changes and challenge students through real world experiences. The Organization continued support of Gradebook a software developed for mastery grading.

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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 $16,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $16,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $125,978

Other Expenses $134,382

TOTAL EXPENSES $134,382

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,000	$40,000	-0.6%
Expenses	$134,382	$159,497	-0.2%
Net Income	$-118,382	$-119,497	0.0%

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
Erik Swan	President	4.00	Officer Director	$0	$0	$0
Julie Swan	Secretary/Treasurer	4.00	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
2025	No data	No data	No data	No data
2024	$16,000	$134,382	$131,028	$-118,382
2023	$40,000	$159,497	$253,879	$-119,497
2022	$54,000	$64,829	$377,062	$-10,829
2021	$180,000	$111,613	$382,659	$68,387
2020	$487,897	$242,323	$310,080	$245,574
2019	$700,000	$640,147	$67,706	$59,853