THE 400 FOUNDATION INC

EIN: 833399853

New York, NY

Total Revenue
$762,854
Total Expenses
$822,124
Total Assets
$1,034
Net Assets
$-10,283
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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
2019
Legal Domicile
NY
Principal Officer
REGINALD BACHUS
Phone
8624140457
Tax Period
2020-01-01 to 2020-12-31

THE 400 FOUNDATION INC, founded in 2019, is a small nonprofit that reported $763K in total revenue in fiscal year 2020. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

ORGANIZE, MOBILIZE, AND ADVOCATE FOR ADVANCED SKILLS TRAINING, BLACK BUSINESS DEVELOPMENT, AND AFFORDABLE HOUSING IN NY CITY AND NY STATE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $134,865
Program Service Revenue $627,989
Investment Income $0
Other Revenue $0
TOTAL REVENUE $762,854

Expense Breakdown

Grants Paid $0
Salaries & Benefits $738,931
Fundraising Expenses $0
Program Expenses $701,184
Other Expenses $83,193
TOTAL EXPENSES $822,124

Year-over-Year Comparison

2020 2019 Change
Revenue $762,854 $591,137 +0.3%
Expenses $822,124 $542,150 +0.5%
Net Income $-59,270 $48,987 -2.2%
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
6
Independent Members
5
Employees
185
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV REGINALD LEE BACHUS CHAIRMAN/PRESIDENT 025.00
Officer Director
$0 $0 $0
C VIRGINIA FIELDS DIRECTOR 000.50
Director
$0 $0 $0
DR HAZEL DUKES DIRECTOR 000.50
Director
$0 $0 $0
REV ADAM DURSO DIRECTOR 000.50
Director
$0 $0 $0
JOSEPH HOLLAND EXECUTIVE DIRECTOR 025.00
Officer
$0 $0 $0
REV KAHLI MOOTOO VICE-PRESIDENT 025.00
Officer
$0 $0 $0
REV CLINTON MILLER VICE-PRESIDENT 000.50
Officer
$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
2020 $762,854 $822,124 $1,034 $-59,270
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