STATE POWER FUND

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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

DORAN SCHRANTZ

Phone

8449993755

Tax Period

2024-01-01 to 2024-12-31

STATE POWER FUND, founded in 2020, is a mid-sized nonprofit in the Human Services sector that reported $19.5M in total revenue in fiscal year 2024. Revenue surged 220% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.7M, a strong 19% operating margin.

Mission

THE ORGANIZATION IS DEDICATED TO SUPPORTING INNOVATIVE AND EFFECTIVE PUBLIC INTEREST PROJECTS TO BUILD A JUST, EQUITABLE, AND SUSTAINABLE FUTURE BY FUNDING NONPROFIT ORGANIZATIONS TO ACCOMPLISH NEEDED CHANGE.

Program Service Accomplishments

Program 1

Expenses: $13,580,816 Revenue: $825,096

COLLABORATE WITH INDIVIDUALS AND INSTITUTIONS TO PROVIDE FISCAL SPONSORSHIP AND PROJECT HOSTING SUPPORT THAT ENABLES THEM TO REACH THEIR PHILANTHROPIC GOALS.

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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 $18,651,653

Program Service Revenue $825,096

Investment Income $0

Other Revenue $0

TOTAL REVENUE $19,476,749

Expense Breakdown

Grants Paid $4,230,700

Salaries & Benefits $3,558,094

Fundraising Expenses $0

Program Expenses $13,580,816

Other Expenses $8,006,780

TOTAL EXPENSES $15,795,574

Year-over-Year Comparison

	2024	2023	Change
Revenue	$19,476,749	$6,093,099	+2.2%
Expenses	$15,795,574	$6,897,039	+1.3%
Net Income	$3,681,175	$-803,940	-5.6%

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

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

$77,057

Total Directors

Key Employees

$193,646

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DORAN SCHRANTZ	BOARD CHAIR	5.00	Officer Director	$0	$0	$0
ANDREA MERCADO	BOARD MEMBER	5.00	Director	$0	$0	$0
DAMAREO COOPER	TREASURER	5.00	Officer Director	$0	$0	$0
KIRK NODEN	BOARD MEMBER	5.00	Director	$0	$0	$0
TRAM NGUYEN	BOARD MEMBER	5.00	Director	$0	$0	$0
ALEX GOMEZ	BOARD MEMBER	5.00	Director	$0	$0	$0
KRISTEN CROWELL	EXECUTIVE DIRECTOR	40.00	Officer	$77,057	$0	$77,057
AMBER WALLIN	SRA PROJECT EXECUTIVE DIRECTOR	40.00	Key Emp	$193,646	$0	$193,646
TINSELYN SIMMS	WMTF PROJECT CO-EXECUTIVE DIRECTOR	40.00	Highest	$139,107	$0	$139,107
JONATHAN HUSKEY	SRA PROJECT COMMUNICATIONS DIRECTOR	40.00	Highest	$142,746	$0	$142,746
ANIKA FASSIA	WMTF PROJECT CO-EXECUTIVE DIRECTOR	40.00	Highest	$139,107	$0	$139,107
ABIGAIL BACHOFER	SRA PROJECT CHIEF OF STAFF	40.00	Highest	$135,734	$0	$135,734
JOY CUSHMAN	INDEPENDENT CONTRACTOR	40.00	Highest	$136,500	$0	$136,500

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	$19,476,749	$15,795,574	$15,080,215	$3,681,175
2023	$6,093,099	$6,897,039	$11,020,037	$-803,940
2022	$7,859,808	$3,952,421	$7,279,970	$3,907,387
2021	$4,190,542	$1,530,399	$2,672,531	$2,660,143