Foresight Foundation for Economic Equity (EIN 853702577) - 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

Phone

4804677950

Tax Period

2025-01-01 to 2025-12-31

Foresight Foundation for Economic Equity, founded in 2020, is a micro nonprofit in the Community Improvement sector that reported $20K in total revenue in fiscal year 2025. Revenue decreased 17% compared to the prior year. Expenses of $181K exceeded revenue, resulting in a 785% operating deficit.

Mission

The Foresight Foundation for Economic Equity (Foresight) is committed to fostering economic and community development by investing in minority-owned enterprises, housing, education, and healthcare. We promote business diversity, both social and financial, to strengthen underserved communities.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,619

Program Service Revenue $0

Investment Income $18,826

Other Revenue $0

TOTAL REVENUE $20,445

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $170,509

Other Expenses $181,026

TOTAL EXPENSES $181,026

Year-over-Year Comparison

	2025	2024	Change
Revenue	$20,445	$24,723	-0.2%
Expenses	$181,026	$220,342	-0.2%
Net Income	$-160,581	$-195,619	-0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Vada Manager	Board Chairman	10	Officer Director	$0	$0	$0
Kim Covington	Vice Board Chairperson	5	Director	$0	$0	$0
Dr Antoinette Farmer-Thompson	Board Member	5		$0	$0	$0
Karl Gentles	Treasurer	5		$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
2025	$20,445	$181,026	$397,612	$-160,581
2024	No data	No data	No data	No data
2023	$563,790	$766,389	$662,607	$-202,599
2022	$629,155	$268,295	$615,136	$360,860
2021	$505,415	$251,069	$254,809	$254,346

Foresight Foundation for Economic Equity