Canopy Planet Foundation (EIN 874752209) - 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

Tracie Wagman

Phone

2064563856

Tax Period

2024-04-01 to 2025-03-31

Canopy Planet Foundation, founded in 2021, is a small nonprofit in the Environment sector that reported $576K in total revenue in fiscal year 2024. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $2.7M exceeded revenue, resulting in a 361% operating deficit.

Mission

Funding bold action plans and sustainable systems to preserve Ancient and Endangered Forests and support life on Earth.

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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 (2024)

Revenue Breakdown

Contributions & Grants $513,490

Program Service Revenue $51,709

Investment Income $10,856

Other Revenue $0

TOTAL REVENUE $576,055

Expense Breakdown

Grants Paid $2,585,435

Salaries & Benefits $0

Fundraising Expenses $194

Program Expenses $2,585,435

Other Expenses $71,022

TOTAL EXPENSES $2,656,457

Year-over-Year Comparison

	2024	2023	Change
Revenue	$576,055	$8,149,796	-0.9%
Expenses	$2,656,457	$3,043,179	-0.1%
Net Income	$-2,080,402	$5,106,617	-1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tracie Wagman	Chair	0.50	Officer Director	$0	$0	$0
Jodie Tonita	Secretary	0.50	Officer Director	$0	$0	$0
Cristina Collissimo	Treasurer	0.50	Officer 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
2025	$576,055	$2,656,457	$5,822,602	$-2,080,402
2024	$8,900,666	$3,331,646	$8,659,260	$5,569,020
2024	$8,149,796	$3,043,179	$8,388,940	$5,106,617
2023	$253,240	$198,412	$62,693	$54,828
2023	$253,240	$198,412	$62,693	$54,828

Canopy Planet Foundation