BEYGOOD FOUNDATION (EIN 873502092) - 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

IVY MCGREGOR

Phone

9178345538

Tax Period

2023-01-01 to 2023-12-31

BEYGOOD FOUNDATION, founded in 2021, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.4M in total revenue in fiscal year 2023. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $6.2M exceeded revenue, resulting in a 14% operating deficit.

Mission

ECONOMIC EQUITY BY SUPPORTING ORGANIZATIONS THAT SERVE MARGINALIZED AND UNDER-SOURCED COMMUNITIES

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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 $3,855,831

Program Service Revenue $0

Investment Income $1,531,321

Other Revenue $0

TOTAL REVENUE $5,387,152

Expense Breakdown

Grants Paid $3,283,691

Salaries & Benefits $759,702

Fundraising Expenses $50,103

Program Expenses $5,527,591

Other Expenses $2,113,895

TOTAL EXPENSES $6,157,288

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,387,152	$43,576,234	-0.9%
Expenses	$6,157,288	$2,240,561	+1.7%
Net Income	$-770,136	$41,335,673	-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

$283,536

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TINA KNOWLES-LAWSON	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
RICHARD LAWSON	BOARD MEMBER (UNTIL AUGUST 2023)	1.00	Director	$0	$0	$0
KAWANNA BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
JAY BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
MAI LASSITER	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL OPPENHEIM	BOARD MEMBER (DECEASED APRIL 2023)	1.00	Director	$0	$0	$0
CHERYL CRUEZOT	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREW STERLKA	SECRETARY	1.00	Officer Director	$0	$0	$0
FUNMI OLORUNNIPA BADEJO	BOARD MEMBER (FROM NOVEMBER 2023)	1.00	Director	$0	$0	$0
MARILYN BOOKER	BOARD MEMBER (FROM NOVEMBER 2023)	1.00	Director	$0	$0	$0
IVY MCGREGOR	EXECUTIVE DIRECTOR	40.00	Officer	$265,370	$18,166	$283,536
JENNIFER LEGER	DIRECTOR OF FINANCE	40.00	Highest	$157,665	$14,632	$172,297

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	$5,387,152	$6,157,288	$41,943,450	$-770,136
2022	$43,576,234	$2,240,561	$42,347,908	$41,335,673

BEYGOOD FOUNDATION