THE 1909 FOUNDATION INC (EIN 852512424) - 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

Legal Domicile

Principal Officer

SHANA OSTROVITZ

Phone

8778295500

Tax Period

2023-01-01 to 2023-12-31

THE 1909 FOUNDATION INC, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $691K in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $140K, a strong 20% operating margin.

Mission

TO SUPPORT THE HOLISTIC DEVELOPMENT OF CREATORS TO FOSTER MINDFUL INNOVATION AND UPLIFT OUR COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $626,662

Program Service Revenue $30,370

Investment Income $0

Other Revenue $34,451

TOTAL REVENUE $691,483

Expense Breakdown

Grants Paid $0

Salaries & Benefits $189,282

Fundraising Expenses $34,075

Program Expenses $424,856

Other Expenses $361,767

TOTAL EXPENSES $551,049

Year-over-Year Comparison

	2023	2022	Change
Revenue	$691,483	$463,948	+0.5%
Expenses	$551,049	$482,835	+0.1%
Net Income	$140,434	$-18,887	-8.4%

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

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

$125,829

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS MOHNACKY	BOARD CHAIRMAN	1.00	Director	$0	$0	$0
PATRICK STINUS	BOARD TREASURER	1.00	Director	$0	$0	$0
JANUARY REISSMAN	BOARD MEMBER-PROGRAM DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM SHEPHERD	BOARD MEMBER-GOVERNANCE CH	1.00	Director	$0	$0	$0
RYAN POOLE	BOARD MEMBER	1.00	Director	$0	$0	$0
PHILLIP JACKSON	BOARD MEMBER	1.00	Director	$0	$0	$0
EVAN AWARD	BOARD MEMBER	1.00	Director	$0	$0	$0
AUDREY SCHOFIELD	BOARD MEMBER-DIRECTOR OF ADVANCEMENT	1.00	Director	$0	$0	$0
MICHELLE BAKELS	VICE CHAIRMAN	1.00	Director	$0	$0	$0
SHANA OSTROVITZ	EXECUTIVE DIRECTOR	40.00	Officer	$65,000	$0	$65,000
DANIELLE CASEY	CO-FOUNDER	40.00	Officer	$60,829	$0	$60,829

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	$691,483	$551,049	$197,357	$140,434
2022	$463,948	$482,835	$70,914	$-18,887
2021	$519,980	$452,397	$89,801	$67,583

THE 1909 FOUNDATION INC