GEORGE FLOYD MEMORIAL FOUNDATION GEORGE FLOYD MEMORIAL FOUNDATION (EIN 852280701) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

JACARI HARRIS

Phone

9809398011

Tax Period

2022-01-01 to 2022-12-31

GEORGE FLOYD MEMORIAL FOUNDATION GEORGE FLOYD MEMORIAL FOUNDATION, founded in 2020, is a small nonprofit that reported $193K in total revenue in fiscal year 2022. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $748K exceeded revenue, resulting in a 288% operating deficit.

Mission

WE HONOR GEORGE FLOYD'S LEGACY BY UNITING AND ACTIVATING OUR COMMUNITIES TO CHALLENGE THE ROOT CAUSES OF RACIAL INEQUITY AND END THE SYSTEMIC VIOLENCE AFFECTING BLACK AMERICANS.

🔒

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $153,121

Program Service Revenue $39,701

Investment Income $0

Other Revenue $0

TOTAL REVENUE $192,822

Expense Breakdown

Grants Paid $253,955

Salaries & Benefits $43,838

Fundraising Expenses $0

Program Expenses $491,912

Other Expenses $450,351

TOTAL EXPENSES $748,144

Year-over-Year Comparison

	2022	2021	Change
Revenue	$192,822	$806,844	-0.8%
Expenses	$748,144	$467,583	+0.6%
Net Income	$-555,322	$339,261	-2.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

101931

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

$40,677

Total Directors

$40,677

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACARI HARRIS	EXECUTIVE DI	40.00	Officer Director	$40,677	$0	$40,677
JAMIE COLEMAN	DIRECTOR	10.00	Director	$0	$0	$0
BRIDGETT FLOYD	PRESIDENT/BO	30.00	Officer Director	$0	$0	$0
TERRENCE FLOYD	DIRECTOR	2.00	Director	$0	$0	$0
STEPHEN GREEN	DIRECTOR	2.00	Director	$0	$0	$0
RUBY LOVE	DIRECTOR	2.00	Director	$0	$0	$0
DR AMIY STEELE	DIRECTOR	2.00	Director	$0	$0	$0
DESTINEE WOODRIS	DIRECTOR	2.00	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
2022	$192,822	$748,144	No data	$-555,322
2021	$806,844	$467,583	$531,537	$339,261
2020	$302,090	$68,729	$233,361	$233,361

GEORGE FLOYD MEMORIAL FOUNDATION GEORGE FLOYD MEMORIAL FOUNDATION