Shared Spaces Foundation (EIN 861742244) - 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

Amanda Lee

Phone

3607979456

Tax Period

2023-01-01 to 2023-12-31

Shared Spaces Foundation, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $310K in total revenue in fiscal year 2023. Revenue surged 94% from the prior year, signaling strong growth momentum. The organization ran a surplus of $102K, a strong 33% operating margin.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY,AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, INCLUDING BUT NOT LIMITED TO THE FOLLOWING: A. TOALLEVIATE SUFFERING, POVERTY, AND ADDRESS SYSTEMIC OPPRESSION BY CREATING COMMUNITY FACILITIES FOR LOW INCOME, MARGINALIZED COMMUNITIES, AND OTHER NONPROFIT ORGANIZATIONSTO GATHER, LEARN, SHARE IDEAS, AND GROW TOGETHER

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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 $309,456

Program Service Revenue $0

Investment Income $136

Other Revenue $0

TOTAL REVENUE $309,592

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $148,903

Other Expenses $207,257

TOTAL EXPENSES $207,257

Year-over-Year Comparison

	2023	2022	Change
Revenue	$309,592	$159,449	+0.9%
Expenses	$207,257	$135,908	+0.5%
Net Income	$102,335	$23,541	+3.3%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
Amanda Lee	President	Director	$0	$0	$0
Waiman Lee	Vice President	Director	$0	$0	$0
Michael Stroppa	Director	Director	$0	$0	$0
Lauran Little	Secretary	Officer	$0	$0	$0
David Reddecop	Treasurer	Officer	$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	$309,592	$207,257	$1,031,882	$102,335
2022	$159,449	$135,908	$929,547	$23,541

Shared Spaces Foundation