Side Hustle Economy Co

EIN: 872105032 501(c)(3) Community Improvement

Indianapolis, IN

Total Revenue
$125,960
Total Expenses
$124,939
Total Assets
$766
Net Assets
$766
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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
IN
Principal Officer
ANTHONY MURDOCK
Phone
3172254378
Tax Period
2022-07-01 to 2023-06-30

Side Hustle Economy Co, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $126K in total revenue in fiscal year 2022. Revenue surged 145% from the prior year, signaling strong growth momentum.

Mission

Empowered black side hustlers to achieve their entrepreneurial dreams by providing resources education and exposure

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $125,960
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $125,960

Expense Breakdown

Grants Paid $18,650
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $114,340
Other Expenses $106,289
TOTAL EXPENSES $124,939

Year-over-Year Comparison

2022 2021 Change
Revenue $125,960 $51,434 +1.4%
Expenses $124,939 $51,168 +1.4%
Net Income $1,021 $266 +2.8%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
6

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAMERON HARRIS Chair 2.000
Officer Director
$0 $0 $0
STACIA MURPHY Board Member 2.000
Director
$0 $0 $0
BIANCA WRIGHT Board Member 2.000
Director
$0 $0 $0
VINCENT ASH JR Board Member 2.000
Director
$0 $0 $0
MAURICE SCOTT Board Member 2.000
Director
$0 $0 $0
ANTHONY MURDOCK Executive Director 40.00
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 $125,960 $124,939 $766 $1,021
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