50BY40 INC (EIN 844814993) - 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

2020

Legal Domicile

Principal Officer

TOM CONGER

Phone

8162373114

Tax Period

2023-01-01 to 2023-12-31

50BY40 INC, founded in 2020, is a micro nonprofit that reported $55 in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $42K exceeded revenue, resulting in a 76864% operating deficit.

Mission

WE ARE A GLOBAL, COLLECTIVE IMPACT ORGANIZATION AIMING TO CUT THE GLOBAL PRODUCTION AND CONSUMPTION OF ANIMAL PRODUCTS BY 50% BY 2040.

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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 $42

Program Service Revenue $0

Investment Income $13

Other Revenue $0

TOTAL REVENUE $55

Expense Breakdown

Grants Paid $1,541

Salaries & Benefits $29,756

Fundraising Expenses $0

Program Expenses $31,297

Other Expenses $11,033

TOTAL EXPENSES $42,330

Year-over-Year Comparison

	2023	2022	Change
Revenue	$55	$388,293	-1.0%
Expenses	$42,330	$600,690	-0.9%
Net Income	$-42,275	$-212,397	-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

$4,185

Total Directors

$4,185

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES LAUE	BOARD CHAIR/VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LASSE BRUUN	CEO & BOARD VICE CHAIR/VIC	1.00	Officer Director	$4,185	$0	$4,185
TOM CONGER	BOARD TREASURER/SECRETARY	1.00	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	$55	$42,330	No data	$-42,275
2022	$388,293	$600,690	$42,275	$-212,397
2021	$1,070,346	$1,017,348	$254,672	$52,998
2020	$832,872	$631,198	$201,674	$201,674

50BY40 INC