SPRINGBOARD HEALTHLAB (EIN 871818608) - 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

JENNIFER HECHT

Phone

6288994663

Tax Period

2023-01-01 to 2023-12-31

SPRINGBOARD HEALTHLAB, founded in 2021, is a community nonprofit in the Public & Societal Benefit sector that reported $1.2M in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year.

Mission

SPRINGBOARD HEALTHLAB'S MISSION IS TO ADVANCE HEALTH EQUITY BY FOSTERING BOLD IDEAS AND LAUNCHING HIGH IMPACT SOLUTIONS. THE ORGANIZATION IS AN INCUBATOR FOR BOLD NEW PROJECTS FOCUSED ON STRUCTURAL OR SYSTEMS CHANGE TO IMPROVE HEALTH EQUITY.

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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 $830,337

Program Service Revenue $410,486

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,240,823

Expense Breakdown

Grants Paid $0

Salaries & Benefits $822,077

Fundraising Expenses $5,255

Program Expenses $1,145,806

Other Expenses $394,905

TOTAL EXPENSES $1,216,982

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,240,823	$1,490,784	-0.2%
Expenses	$1,216,982	$974,872	+0.2%
Net Income	$23,841	$515,912	-1.0%

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

$170,394

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER HECHT	Executive Dir.	55.00	Officer	$160,488	$9,906	$170,394
EMMETT PATTERSON	ASSOC. DIR. - BHOC	40.00		$108,750	$10,400	$119,150
KATHERINE FAULKNER	DIR. WRKFRCE DEV.	40.00		$107,344	$525	$107,869
SHELLEY FACENTE	Board President	2.00	Officer Director	$0	$0	$0
AMY COTY	Treasurer/Sec	1.00	Officer Director	$0	$0	$0
KYRIELL NOON	Director	1.00	Director	$0	$0	$0
INA PARK	Director	1.00	Director	$0	$0	$0
DAVID PURCELL	Director	1.00	Director	$0	$0	$0
RUSSELL ROYBAL	Director	1.00	Director	$0	$0	$0
BHUPENDRA SHEORAN	Director	1.00	Director	$0	$0	$0
DENNIS BARBOUR	Director	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	$1,240,823	$1,216,982	$741,700	$23,841
2022	$1,490,784	$974,872	$662,304	$515,912
2021	$249,455	$215,854	$151,869	$33,601

SPRINGBOARD HEALTHLAB