Konspicuous Foundation Inc

EIN: 853924552 501(c)(3)

Charlotte, NC

Total Revenue
$187,747
Total Expenses
$207,566
Total Assets
$4,478
Net Assets
$-60,379
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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
NC
Principal Officer
Raymond White
Phone
7044585285
Tax Period
2022-07-01 to 2023-06-30

Konspicuous Foundation Inc, founded in 2020, is a small nonprofit that reported $188K in total revenue in fiscal year 2022. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $208K exceeded revenue, resulting in a 11% operating deficit.

Mission

The mission of Konspicuous Foundation is to provide financial and econcomic literacy education.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $187,747
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $187,747

Expense Breakdown

Grants Paid $3,506
Salaries & Benefits $82,610
Fundraising Expenses $51,809
Program Expenses $55,643
Other Expenses $110,155
TOTAL EXPENSES $207,566

Year-over-Year Comparison

2022 2021 Change
Revenue $187,747 $281,695 -0.3%
Expenses $207,566 $298,919 -0.3%
Net Income $-19,819 $-17,224 +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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
15

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Raymond White Executive Director N/A
$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
2023 $187,747 $207,566 $4,478 $-19,819
2022 $281,695 $298,919 $26,415 $-17,224
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