UA Legacy Fund Inc (EIN 854171510) - 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

2021

Legal Domicile

Principal Officer

Jessica Sanderson

Phone

8609867724

Tax Period

2023-01-01 to 2023-12-31

UA Legacy Fund Inc, founded in 2021, is a micro nonprofit in the Community Improvement sector that reported $25K in total revenue in fiscal year 2023. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $142K exceeded revenue, resulting in a 469% operating deficit.

Mission

To provide grants to Urban Alliance, Inc. to support its operations and activities which includes providing human service programs for the underprivileged and programs to provide financial support and guidance to various ministries, churches and missions that minister to the underprivileged.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $25,045

Other Revenue $0

TOTAL REVENUE $25,045

Expense Breakdown

Grants Paid $120,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $120,000

Other Expenses $22,429

TOTAL EXPENSES $142,429

Year-over-Year Comparison

	2023	2022	Change
Revenue	$25,045	$2,019,277	-1.0%
Expenses	$142,429	$136,330	+0.0%
Net Income	$-117,384	$1,882,947	-1.1%

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
Perkin Simpson	Executive Director	1.00	Director	$0	$0	$0
Jeffery Vanderploeg	Board Member	1.00	Director	$0	$0	$0
Paul Echtenkamp	Board Member	1.00	Director	$0	$0	$0
Erica Dean	Board Secretary	1.00	Officer Director	$0	$0	$0
Douglas Casey	Board Chairperson	1.00	Officer Director	$0	$0	$0
Anne Silk	Board Treasurer	1.00	Officer Director	$0	$0	$0
Randall McHugh	Board Member	1.00	Director	$0	$0	$0
Michael Bailey	Board Member	1.00	Director	$0	$0	$0
Samantha Holland	Board Member	1.00	Director	$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
2024	No data	No data	No data	No data
2023	$25,045	$142,429	$1,851,384	$-117,384
2022	$2,019,277	$136,330	$1,677,732	$1,882,947

UA Legacy Fund Inc