SOUND FUTURE FOUNDATION C/O CAL FI… - Form 990 Financial Data

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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

2022

Legal Domicile

Principal Officer

BRANDY SCHULTZ

Phone

4348179390

Tax Period

2023-01-01 to 2023-12-31

SOUND FUTURE FOUNDATION C/O CAL FINANCIAL GROUP, founded in 2022, is a small nonprofit in the Environment sector that reported $586K in total revenue in fiscal year 2023. Revenue surged 157% from the prior year, signaling strong growth momentum. Expenses of $532K left a modest 9% surplus.

Mission

SOUND FUTURE FOUNDATION ("FOUNDATION") WAS FORMED WITH THE GOAL OF RESEARCHING AND DEVELOPING MEANINGFUL SOLUTIONS TO ADDRESS THE ENVIRONMENTAL IMPACT OF LIVE EVENTS. LIVE EVENTS ARE GENERALLY NOT ENVIRONMENTALLY FRIENDLY AND HAVE A LARGE CARBON FOOTPRINT BECAUSE THEY CONSUME LARGE AMOUNTS OF ENERGY AND CREATE A LOT OF WASTE THAT IS NOT RECYCLABLE OR COOMPOSTABLE.

Program Service Accomplishments

Program 1

COORDINATING AND DIRECTLY CONDUCTING RESEARCH REGARDING WAYS THE LIVE EVENT INDUSTRY CAN OPERATE IN A MORE ENVIRONMENTALLY SUSTAINABLE MANNER.

Program 2

Expenses: $215,798

EDUCATING THE GENERAL PUBLIC REGARDING SOLUTIONS LIVE EVENTS CAN AND ARE IMPLEMENTING TO LESSEN THEIR NEGATIVE ENVIRONMENTAL IMPACT. THE FOUNDATION WILL USE THE RESULTS OF ITS RESEARCH TO ADVOCATE...

EDUCATING THE GENERAL PUBLIC REGARDING SOLUTIONS LIVE EVENTS CAN AND ARE IMPLEMENTING TO LESSEN THEIR NEGATIVE ENVIRONMENTAL IMPACT. THE FOUNDATION WILL USE THE RESULTS OF ITS RESEARCH TO ADVOCATE WIDESPREAD ADOPTION OF SUCCESSFUL PRACTICES AND SOLUTIONS IN A MANNER THAT SLOWS OR BEGINS TO REVERSE THE NEGATIVE IMPACT EVENTS HAVE ON THE ENVIRONMENT.

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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 $585,762

Program Service Revenue $0

Investment Income $11

Other Revenue $0

TOTAL REVENUE $585,773

Expense Breakdown

Grants Paid $0

Salaries & Benefits $314,212

Fundraising Expenses $400

Program Expenses $215,798

Other Expenses $218,097

TOTAL EXPENSES $532,309

Year-over-Year Comparison

	2023	2022	Change
Revenue	$585,773	$227,711	+1.6%
Expenses	$532,309	$168,701	+2.2%
Net Income	$53,464	$59,010	-0.1%

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

N/A

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
BRANDY SCHULTZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
KELCI ZILE	CDO	1.00	Officer Director	$0	$0	$0
TERAH LYONS	TRUSTEE	1.00	Director	$0	$0	$0
JOE ATAMIAN	TRUSTEE	1.00	Director	$0	$0	$0
ALEX BRUFORD	TRUSTEE	1.00	Director	$0	$0	$0
SARA FULL	TRUSTEE	1.00	Director	$0	$0	$0
ASHLEY O'WINTER	TRUSTEE	1.00	Director	$0	$0	$0
ADAM BRUNNER	TRUSTEE	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	$585,773	$532,309	$198,574	$53,464
2022	$227,711	$168,701	$144,810	$59,010

SOUND FUTURE FOUNDATION C/O CAL FINANCIAL GROUP