FUND FOR SOCIAL EQUITY INC (EIN 920303560) - 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

2022

Legal Domicile

Principal Officer

MARK KOIDE

Phone

9088874082

Tax Period

2024-01-01 to 2024-12-31

FUND FOR SOCIAL EQUITY INC, founded in 2022, is a micro nonprofit in the Civil Rights & Advocacy sector that reported $40K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring.

Mission

TO CLOSE THE WEALTH GAP BETWEEN WHITE AMERICANS AND NON-WHITE AMERICANS, WITH A PARTICULAR EMPHASIS ON HISTORICALLY DISADVANTAGED RACIAL AND ETHNIC GROUPS OR MINORITY POPULATIONS. TO PERFORM RESEARCH RELATED TO CLOSING THE RACIAL WEALTH GAP IN AMERICA. TO CREATE A SOCIAL BRAND AND CERTIFICATION TO EDUCATE THE PUBLIC ABOUT SECTORS, COMPANIES, ORGANIZATIONS, BRANDS AND OTHER GROUPS THAT ADHERE TO OBJECTIVE STANDARDS DEVELOPED TO NARROW THE INCOME GAP. TO ENCOURAGE THE GENERAL PUBLIC TO BRING NON COMMUNITY REVENUE INTO HISTORICALLY DISADVANTAGED COMMUNITIES WHILE DEVELOPING A VIRTUOUS CIRCLE OF COMMUNITY LEVEL INDUSTRIES AND LOCAL ECONOMIES. TO EDUCATE THE GENERAL PUBLIC ABOUT THE RACIAL WEALTH GAP IN AMERICA, INCLUDING THROUGH PUBLICATIONS AND PRESENTATIONS ADDRESSING THIS TOPIC.

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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 $39,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $39,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,622

Other Expenses $40,506

TOTAL EXPENSES $40,506

Year-over-Year Comparison

	2024	2023	Change
Revenue	$39,500	$49,552	-0.2%
Expenses	$40,506	$47,922	-0.2%
Net Income	$-1,006	$1,630	-1.6%

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

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
JENNIFER KOIDE	OFFICER	2.00	Officer Director	$0	$0	$0
KAREN KOIDE	OFFICER	5.00	Officer Director	$0	$0	$0
MARK KOIDE	OFFICER	5.00	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	$39,500	$40,506	$624	$-1,006
2023	$49,552	$47,922	$1,630	$1,630
2022	$57,871	$57,871	No data	No data

FUND FOR SOCIAL EQUITY INC