50BY40 INC

EIN: 844814993 501(c)(3)

LEAWOOD, KS

Total Revenue
$55
Total Expenses
$42,330
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
KS
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

TO CONVENE AND LEAD A GLOBAL CROSS-SECTOR STAKEHOLDER GROUP TO CATALYZE AND AUGMENT EFFORTS TO ACHIEVE SIGNIFICANT REDUCTIONS IN THE MOST UNSUSTAINABLE FORMS OF ANIMAL PRODUCTION AND CONSUMPTION THROUGH AWARENESS RAISING, ADVOCACY, AND OUTREACH.

Program Service Accomplishments

Program 1
Expenses: $31,297

DISSOLUTION OF OPERATIONS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

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
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
2
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
3
$4,185
Total Directors
3
$4,185
Key Employees
0
$0
Highest Compensated
0
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
Explore More Nonprofits
→Top 100 Nonprofits in Kansas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare 50BY40 INC with other nonprofits in Kansas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.