ECONOMIC IMPROVEMENT FUND

EIN: 850548256

TALLAHASSEE, FL

Total Revenue
$1,054,277
Total Expenses
$1,417,671
Total Assets
N/A
Net Assets
N/A
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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
FL
Principal Officer
WILLIAM S JONES
Phone
2022391642
Tax Period
2021-01-01 to 2021-12-31

ECONOMIC IMPROVEMENT FUND, founded in 2020, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2021. Revenue decreased 17% compared to the prior year. Expenses of $1.4M exceeded revenue, resulting in a 34% operating deficit.

Mission

ISSUE ADVOCACY

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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 (2021)

Revenue Breakdown

Contributions & Grants $1,054,277
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,054,277

Expense Breakdown

Grants Paid $1,136,329
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,409,876
Other Expenses $281,342
TOTAL EXPENSES $1,417,671

Year-over-Year Comparison

2021 2020 Change
Revenue $1,054,277 $1,266,414 -0.2%
Expenses $1,417,671 $903,020 +0.6%
Net Income $-363,394 $363,394 -2.0%
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

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Governance

Voting Members
1
Independent Members
1
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM S JONES Chairman 2.00
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
2021 $1,054,277 $1,417,671 No data $-363,394
2020 $1,266,414 $903,020 $363,394 $363,394
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