THE HOUSTON FUND FOR SOCIAL JUSTICE AND ECONOMIC EQUITY (EIN 853674651) - 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

BARRON WALLACE

Phone

7133332200

Tax Period

2023-01-01 to 2023-12-31

THE HOUSTON FUND FOR SOCIAL JUSTICE AND ECONOMIC EQUITY, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $846K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $10.0M exceeded revenue, resulting in a 1078% operating deficit.

Mission

THE MISSION OF THE HOUSTON FUND FOR SOCIAL JUSTICE AND ECONOMIC EQUITY IS TO ENACT TRANSFORMATIONAL CHANGE THROUGH THE INVESTMENT OF RESOURCES IN ORGANIZATIONS AND INITIATIVES THAT EMPOWER AND UPLIFT THE BLACK COMMUNITY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $356,272

Program Service Revenue $0

Investment Income $489,171

Other Revenue $595

TOTAL REVENUE $846,038

Expense Breakdown

Grants Paid $7,936,863

Salaries & Benefits $194,830

Fundraising Expenses $39,700

Program Expenses $9,346,100

Other Expenses $1,832,378

TOTAL EXPENSES $9,964,071

Year-over-Year Comparison

	2023	2022	Change
Revenue	$846,038	$712,498	+0.2%
Expenses	$9,964,071	$5,674,237	+0.8%
Net Income	$-9,118,033	$-4,961,739	+0.8%

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

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

$181,329

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SYLVESTER TURNER	HONORARY CHAIR/DIRECTOR	2.00	Officer Director	$0	$0	$0
THOMAS JONES	BOARD PRESIDENT/DIRECTOR	2.00	Officer Director	$0	$0	$0
BARRON WALLACE	BOARD VICE PRESIDENT/DIRECTOR	2.00	Officer Director	$0	$0	$0
WINELL HERRON	BOARD TREASURER/DIRECTOR	2.00	Officer Director	$0	$0	$0
STEPHANIE NELLONS-PAIGE	BOARD SECRETARY/DIRECTOR	2.00	Officer Director	$0	$0	$0
GERALD ALLEY	DIRECTOR	2.00	Director	$0	$0	$0
GAURDIE BANISTER JR	DIRECTOR	2.00	Director	$0	$0	$0
PAUL CANNINGS	DIRECTOR	2.00	Director	$0	$0	$0
SHAUNA CLARK	DIRECTOR	2.00	Director	$0	$0	$0
VANESSA GILMORE	DIRECTOR	2.00	Director	$0	$0	$0
BERNARD HARRIS	DIRECTOR	2.00	Director	$0	$0	$0
L'SHERYL HUDSON	DIRECTOR	2.00	Director	$0	$0	$0
ELLIOTT JOHNSON	DIRECTOR	2.00	Director	$0	$0	$0
RAQUEL OLIVIER	DIRECTOR	2.00	Director	$0	$0	$0
KIMBERLY SLAUGHTER	DIRECTOR	2.00	Director	$0	$0	$0
VALERIE MARSHALL WILLIAMS	DIRECTOR	2.00	Director	$0	$0	$0
DR GENA JERKINS	EXECUTIVE DIRECTOR	40.00	Officer	$168,710	$12,619	$181,329

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	$846,038	$9,964,071	$6,689,654	$-9,118,033
2022	$712,498	$5,674,237	$15,670,102	$-4,961,739
2021	$20,706,147	$135,320	$20,616,010	$20,570,827

THE HOUSTON FUND FOR SOCIAL JUSTICE AND ECONOMIC EQUITY