ROOTE FOUNDATION

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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

RHYS LINDMARK

Phone

8447668367

Tax Period

2022-01-01 to 2022-12-31

ROOTE FOUNDATION, founded in 2021, is a small nonprofit in the Education sector that reported $889K in total revenue in fiscal year 2022. Revenue surged 492% from the prior year, signaling strong growth momentum. The organization ran a surplus of $326K, a strong 37% operating margin.

Mission

OUR MISSION IS TO CO-CREATE THE WISDOM AGE. WE'RE ACCELERATING THE PERSONAL AND COLLECTIVE TRANSFORMATION NECESSARY FOR HUMANITY'S TRANSITION TO THE WISDOM AGE-A WORLD OF NETWORKED ABUNDANCE WITH PEOPLE WHO HAVE HOLISTIC UNDERSTANDING AND ETHICS.

Program Service Accomplishments

Program 1

Expenses: $218,371 Revenue: $167

PROJECTS: ROOTE PROJECTS CREATED A VARIETY OF EXPERIMENTS TO USE TECHNOLOGY FOR GOOD. ONE PROJECT, TWEETSCAPE, CREATED OPEN-SOURCE SOFTWARE TO CURATE A BETTER TWITTER FEED. ANOTHER PROJECT, CIVIC...

PROJECTS: ROOTE PROJECTS CREATED A VARIETY OF EXPERIMENTS TO USE TECHNOLOGY FOR GOOD. ONE PROJECT, TWEETSCAPE, CREATED OPEN-SOURCE SOFTWARE TO CURATE A BETTER TWITTER FEED. ANOTHER PROJECT, CIVIC ABUNDANCE, CREATED A DASHBOARD TO HELP CITIES TRACK AND PREDICT THEIR MOST IMPORTANT METRICS. IN 2022, ROOTE ALSO GRANTED $13,311 TO CELIUM, A WEB3 PROJECT HELPING DISTRIBUTED AUTONOMOUS ORGANIZATIONS (DAOS) TRACK THEIR DECENTRALIZATION METRICS.

Program 2

Expenses: $139,730 Revenue: $0

GENERAL PROGRAM: GENERAL PROGRAM FUNDS WERE PRIMARILY USED TO FUND RHYS LINDMARK AND BRENDON WONG'S TIME IN HELPING START INITIATIVES, HIRE EMPLOYEES, AND GUIDE ROOTE PROJECTS AND THE ROOTE...

GENERAL PROGRAM: GENERAL PROGRAM FUNDS WERE PRIMARILY USED TO FUND RHYS LINDMARK AND BRENDON WONG'S TIME IN HELPING START INITIATIVES, HIRE EMPLOYEES, AND GUIDE ROOTE PROJECTS AND THE ROOTE FELLOWSHIP.

Program 3

Expenses: $16,752 Revenue: $4,078

EDUCATION: THE ROOTE FELLOWSHIP IS A 10-WEEK PROGRAM TO GIVE FRONTIER PEOPLE FRAMEWORKS FOR A BETTER FUTURE AND THE AGENCY TO BUILD IT. WE RAN ROOTE FELLOWSHIP #5 OVER THE SUMMER WITH AROUND 15...

EDUCATION: THE ROOTE FELLOWSHIP IS A 10-WEEK PROGRAM TO GIVE FRONTIER PEOPLE FRAMEWORKS FOR A BETTER FUTURE AND THE AGENCY TO BUILD IT. WE RAN ROOTE FELLOWSHIP #5 OVER THE SUMMER WITH AROUND 15 FELLOWS, WHO WENT ON TO CREATE PROJECTS TO STEWARD THE OPEN KNOWLEDGE COMMONS, SCIENCE COMMUNICATION FOR AI SAFETY, DIVERSITY FOR DAOS, AND MORE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $877,197

Program Service Revenue $4,245

Investment Income $7,853

Other Revenue $0

TOTAL REVENUE $889,295

Expense Breakdown

Grants Paid $18,311

Salaries & Benefits $314,757

Fundraising Expenses $22,321

Program Expenses $374,853

Other Expenses $230,030

TOTAL EXPENSES $563,098

Year-over-Year Comparison

	2022	2021	Change
Revenue	$889,295	$150,217	+4.9%
Expenses	$563,098	$8,106	+68.5%
Net Income	$326,197	$142,111	+1.3%

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

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

$65,785

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RHYS LINDMARK	CEO	40	Officer	$61,469	$4,316	$65,785
TAYLOR WANT	BOARD MEMBER	1	Director	$0	$0	$0
STEPHANIE BACHAR	SECRETARY & TREASURER	1	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
2022	$889,295	$563,098	$363,197	$326,197