VERA ACTION INC (EIN 853897516) - 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

NICHOLAS R TURNER

Phone

2123341300

Tax Period

2024-07-01 to 2025-06-30

VERA ACTION INC, founded in 2020, is a community nonprofit in the Crime & Legal sector that reported $1.9M in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $3.6M exceeded revenue, resulting in a 88% operating deficit.

Mission

TO END MASS INCARCERATION, PROTECT IMMIGRANTS' RIGHTS, AND BUILD SAFE AND THRIVING 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 (2024)

Revenue Breakdown

Contributions & Grants $1,920,000

Program Service Revenue $0

Investment Income $11,133

Other Revenue $0

TOTAL REVENUE $1,931,133

Expense Breakdown

Grants Paid $197,640

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,636,576

Other Expenses $3,438,936

TOTAL EXPENSES $3,636,576

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,931,133	$5,201,437	-0.6%
Expenses	$3,636,576	$3,454,452	+0.1%
Net Income	$-1,705,443	$1,746,985	-2.0%

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

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

$1,457,184

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARI MATTES	CHAIR	1.00	Officer Director	$0	$0	$0
JUSTIN TUCK	TREASURER	1.00	Officer Director	$0	$0	$0
JAMES CADOGAN	TRUSTEE	1.00	Director	$0	$0	$0
JOHN SAVARESE	TRUSTEE	1.00	Director	$0	$0	$0
SARAH WILLIAMS	TRUSTEE	1.00	Director	$0	$0	$0
NICHOLAS R TURNER	PRESIDENT AND DIRECTOR	3.00	Officer	$0	$66,532	$663,165
ROB YOUNG	CHIEF FINANCIAL & OPERATING OFFICER	3.00	Officer	$0	$8,803	$74,891
INSHA RAHMAN	VICE PRESIDENT	9.00	Officer	$0	$31,594	$386,747
ADAIR H IACONO	SECRETARY	3.00	Officer	$0	$30,025	$332,381

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	$1,931,133	$3,636,576	$3,008,352	$-1,705,443
2024	$5,201,437	$3,454,452	$3,490,145	$1,746,985
2023	$1,702,338	$2,546,249	$3,511,916	$-843,911
2022	$750,663	$1,091,017	$2,900,493	$-340,354
2021	$2,250,110	$100,127	$2,250,032	$2,149,983

VERA ACTION INC