THE ROOTS OF PROGRESS (EIN 863502300) - 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

JASON CRAWFORD

Phone

6507816281

Tax Period

2024-01-01 to 2024-12-31

THE ROOTS OF PROGRESS, founded in 2021, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 552% from the prior year, signaling strong growth momentum. The organization ran a surplus of $950K, a strong 50% operating margin.

Mission

OUR MISSION IS TO DEFINE AND COMMUNICATE A NEW PHILOSOPHY OF PROGRESS FOR THE TWENTY-FIRST CENTURY. WE STUDY THE NATURE, VALUE, AND CAUSES OF PROGRESS, AND PRESCRIBE WAYS THAT HUMANITY CAN ACCELERATE AND STEER IT.

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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 $1,837,276

Program Service Revenue $55,498

Investment Income $14,346

Other Revenue $1,065

TOTAL REVENUE $1,908,185

Expense Breakdown

Grants Paid $0

Salaries & Benefits $499,210

Fundraising Expenses $168,198

Program Expenses $677,220

Other Expenses $458,750

TOTAL EXPENSES $957,960

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,908,185	$292,659	+5.5%
Expenses	$957,960	$641,103	+0.5%
Net Income	$950,225	$-348,444	-3.7%

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

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

$200,000

Total Directors

$200,000

Key Employees

$168,418

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON CRAWFORD	PRESIDENT	40.00	Officer Director	$200,000	$0	$200,000
RAMANDEEP GIRN	SECRETARY	1.00	Officer Director	$0	$0	$0
ANIL VARANASI	TREASURER	1.00	Officer Director	$0	$0	$0
HEIKE LARSON	VP OF PROGRAMS	30.00	Key Emp	$154,375	$14,043	$168,418

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	$1,908,185	$957,960	$1,249,923	$950,225
2023	$292,659	$641,103	$258,483	$-348,444
2022	$504,709	$290,445	$602,605	$214,264
2021	$555,489	$168,707	$386,782	$386,782

THE ROOTS OF PROGRESS