JUSTFUNDUS (EIN 853759949) - 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

IARA PENG

Phone

5104859738

Tax Period

2024-01-01 to 2024-12-31

JUSTFUNDUS, founded in 2020, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.1M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $4.6M left a modest 10% surplus.

Mission

TO MAKE MOVING MONEY TO NONPROFITS SIMPLE AND EASY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,978,170

Program Service Revenue $1,034,926

Investment Income $68,666

Other Revenue $6,002

TOTAL REVENUE $5,087,764

Expense Breakdown

Grants Paid $1,132,000

Salaries & Benefits $1,553,623

Fundraising Expenses $232,697

Program Expenses $3,633,624

Other Expenses $1,895,433

TOTAL EXPENSES $4,581,056

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,087,764	$5,943,522	-0.1%
Expenses	$4,581,056	$3,317,988	+0.4%
Net Income	$506,708	$2,625,534	-0.8%

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

$272,819

Total Directors

$272,819

Key Employees

$428,015

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IARA PENG	FOUNDER & CEO	40.00	Officer Director	$253,900	$18,919	$272,819
SHONA CHAKRAVARTTY	SECRETARY	1.00	Officer Director	$0	$0	$0
MOLLY SCHULTZ HAFID	TREASURER	1.00	Officer Director	$0	$0	$0
STEVE PHILLIPS	BOARD MEMBER	1.00	Director	$0	$0	$0
MELODY LEE	CHIEF OPERATING OFFICER	40.00	Key Emp	$201,500	$26,534	$228,034
PREETI SHUKLA	HEAD OF PRODUCT AND ENGINEERING	40.00	Key Emp	$186,890	$13,091	$199,981
KATIE BRANCH	DIRECTOR OF CUSTOMER EXPERIENCE	40.00	Highest	$144,500	$21,894	$166,394
JOSEPH MERCURIO	SENIOR PRODUCT MANAGER	40.00	Highest	$139,500	$22,587	$162,087
LIZ HOFFMAN	SENIOR PRODUCT MANAGER	40.00	Highest	$121,500	$18,458	$139,958

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	$5,087,764	$4,581,056	$8,152,833	$506,708
2023	$5,943,522	$3,317,988	$6,836,676	$2,625,534
2022	$3,578,116	$1,840,030	$4,102,967	$1,738,086
2021	$2,624,931	$1,052,032	$2,077,481	$1,572,899
2020	$282,900	$2,125	$280,775	$280,775

JUSTFUNDUS