GROVE COLLECTIVE FOUNDATION (EIN 874015431) - 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

JACOB SCHRAMM

Phone

2022519574

Tax Period

2023-10-01 to 2024-09-30

GROVE COLLECTIVE FOUNDATION, founded in 2021, is a small nonprofit in the Education sector that reported $910K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 23% operating deficit.

Mission

ACCELERATE ECONOMIC & SOCIAL MOBILITY SOLUTIONS BY EQUIPPING INNOVATORS WITH TEAMS OF EXPERIENCED SOCIAL ENTREPRENEURS

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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 $593,840

Program Service Revenue $315,744

Investment Income $0

Other Revenue $0

TOTAL REVENUE $909,584

Expense Breakdown

Grants Paid $0

Salaries & Benefits $239,669

Fundraising Expenses $19,769

Program Expenses $1,013,808

Other Expenses $877,600

TOTAL EXPENSES $1,117,269

Year-over-Year Comparison

	2023	2022	Change
Revenue	$909,584	$1,244,988	-0.3%
Expenses	$1,117,269	$860,560	+0.3%
Net Income	$-207,685	$384,428	-1.5%

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

N/A

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

$272,192

Total Directors

$272,192

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACOB SCHRAMM	MANAGING PARTNER	40.00	Officer Director	$272,192	$0	$272,192
SCOTT SIFF	DIRECTOR	1.00	Director	$0	$0	$0
EMMANUEL FORTUNE	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
KINNEY ZALESNE	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE BAKER FULGHAM	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	$909,584	$1,117,269	$599,200	$-207,685
2023	$1,244,988	$860,560	$769,640	$384,428
2022	$745,000	$497,708	$355,770	$247,292
2022	$945,000	$487,396	$533,896	$457,604

GROVE COLLECTIVE FOUNDATION