Good Ancestor Foundation

EIN: 884194537 501(c)(3) Philanthropy & Grantmaking

Austin, TX

Total Revenue
$1,867,934
Total Expenses
$1,966,901
Total Assets
$1,129,569
Net Assets
$1,129,569
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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
DE
Principal Officer
Cameron Colby Thomson
Phone
4024161158
Tax Period
2024-01-01 to 2024-12-31

Good Ancestor Foundation, founded in 2022, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.9M in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring.

Mission

Good Ancestor Foundation Core Areas are:1- Increasing institutional competence and trustworthiness by improving sensemaking and coordination on complex and nuanced topics.2- Create new coordination organizations, infrastructures, and technologies needed to navigate disruptive technoligies and events.3- Providing education, inspiration, and public awarenessof the changes and innovations needed to navigate crises.Good Ancestor Foundation Significant Activities for 2024 include the following:1- executed, designed and built an emergency communication satellite (launch in 2025)2- kicked off ecosystems and agriculture program (Grants / Vermont Research Farm)3- continued funding and producing very successful AI journalism sources4- operated several grant programs around AI, civic tech, depolarization, human rights, freedom and culture which support charities and networks with cpaital and assistance5- expanded security and safety support for VIPs Program

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,867,934
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,867,934

Expense Breakdown

Grants Paid $1,439,355
Salaries & Benefits $168,000
Fundraising Expenses $0
Program Expenses $1,439,355
Other Expenses $359,546
TOTAL EXPENSES $1,966,901

Year-over-Year Comparison

2024 2023 Change
Revenue $1,867,934 $3,245,309 -0.4%
Expenses $1,966,901 $2,612,802 -0.2%
Net Income $-98,967 $632,507 -1.2%
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
3
Independent Members
N/A
Employees
N/A
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
2
$168,000
Total Directors
3
$168,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cameron Colby Thomson President 20.00
Officer Director
$168,000 $0 $168,000
Rachel Azafrani Director 0.00
Director
$0 $0 $0
Airick Crabill Treasurer 0.00
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
2024 $1,867,934 $1,966,901 $1,129,569 $-98,967
2023 $3,245,309 $2,612,802 $1,235,963 $632,507
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