The Roots Fund

EIN: 852112719 501(c)(3) Education

Stamford, CT

Total Revenue
$872,267
Total Expenses
$942,692
Total Assets
$125,365
Net Assets
$11,412
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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
CT
Tax Period
2023-01-01 to 2023-12-31

The Roots Fund, founded in 2019, is a small nonprofit in the Education sector that reported $872K in total revenue in fiscal year 2023.

Mission

THE ROOTS FUND WAS CREATED TO EMPOWER THE BIPOC COMMUNITY IN THE WINE INDUSTRY BYPROVIDING RESOURCES AND FINANCIAL SUPPORT THROUGH EDUCATIONAL SCHOLARSHIPS, WINEEDUCATION, MENTORSHIP, AND JOB PLACEMENT. THE ROOTS FUND IS COMMITTED TO INVESTING INTHE BLACK, INDIGENOUS & LAT

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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 (2023)

Revenue Breakdown

Contributions & Grants $872,267
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $872,267

Expense Breakdown

Grants Paid $427,118
Salaries & Benefits $269,620
Fundraising Expenses $17,862
Program Expenses $480,451
Other Expenses $245,954
TOTAL EXPENSES $942,692

Year-over-Year Comparison

2023 2022 Change
Revenue $872,267 N/A N/A
Expenses $942,692 N/A N/A
Net Income $-70,425 N/A N/A
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
3
Independent Members
3
Employees
5
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
$102,030
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ikimi Woodson Executive Director 0.00
Officer
$102,030 $0 $102,030
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
2024 No data No data No data No data
2023 $872,267 $942,692 $125,365 $-70,425
2022 $1,020,514 $1,065,962 $135,421 $-45,448
2021 $416,741 $493,763 $165,204 $-77,022
2020 $274,299 $69,703 $204,689 $204,596
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