WEST 117 FOUNDATION INC (EIN 851077305) - 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

Principal Officer

LAUREN TATUM

Phone

4404274668

Tax Period

2021-01-01 to 2021-12-31

WEST 117 FOUNDATION INC, founded in 2020, is a small nonprofit that reported $208K in total revenue in fiscal year 2021. Revenue surged 369% from the prior year, signaling strong growth momentum. The organization ran a surplus of $108K, a strong 52% operating margin.

Mission

TO GENERATE PHILANTHROPIC RESOURCES TO SUPPORT ENTREPRENEURSHIP, ARTS, CULTURE, HEALTH AND HUMAN SERVICES TO CREATE A HUB FOR CLEVELAND'S LGBTQ+ ECOSYSTEM.

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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 (2021)

Revenue Breakdown

Contributions & Grants $207,515

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $207,515

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $7,575

Program Expenses $79,137

Other Expenses $70,491

TOTAL EXPENSES $99,483

Year-over-Year Comparison

	2021	2020	Change
Revenue	$207,515	$44,222	+3.7%
Expenses	$99,483	$37,364	+1.7%
Net Income	$108,032	$6,858	+14.8%

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

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
ILAH ADKINS	BOARD SECRET	2.00	Director	$0	$0	$0
LAURA BIDWELL	TRUSTEE	1.00	Director	$0	$0	$0
SHAMUS DICKINSON	TRUSTEE	1.00	Director	$0	$0	$0
SUZANNE HAMILTON	BOARD TREASU	2.00	Director	$0	$0	$0
KYLE KIDD	TRUSTEE	1.00	Director	$0	$0	$0
MARISOL MARTINEZ	TRUSTEE	1.00	Director	$0	$0	$0
DANIEL O'MALLEY	EX OFFICIO M	1.00	Director	$0	$0	$0
JASMINE PACE	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN SCHMOTZER	TRUSTEE	1.00	Director	$0	$0	$0
JENNY SPENCER	EX OFFICIO M	1.00	Director	$0	$0	$0
LAUREN TATUM	BOARD PRESID	2.00	Director	$0	$0	$0
TRACY TUROFF	TRUSTEE	1.00	Director	$0	$0	$0
AVERY WARE	TRUSTEE	1.00	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
2021	$207,515	$99,483	$114,927	$108,032
2020	$44,222	$37,364	$6,858	$6,858

WEST 117 FOUNDATION INC