FANATICS CHARITABLE FOUNDATION (EIN 921289552) - 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

GRACE FARRAJ

Phone

9044218143

Tax Period

2023-01-01 to 2023-12-31

FANATICS CHARITABLE FOUNDATION, founded in 2022, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $14.4M in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $20.3M exceeded revenue, resulting in a 41% operating deficit.

Mission

OUR MISSION IS TO CREATE POSITIVE AND LASTING CHANGE ACROSS THE COMMUNITIES IN WHICH WE ALL LIVE & WORK THROUGH A COMMITMENT OF TIME & STRATEGIC PHILANTHROPIC INITIATIVES.

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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 $14,204,026

Program Service Revenue $0

Investment Income $153,936

Other Revenue $0

TOTAL REVENUE $14,357,962

Expense Breakdown

Grants Paid $20,177,345

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,215,560

Other Expenses $128,654

TOTAL EXPENSES $20,305,999

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,357,962	$10,000,000	+0.4%
Expenses	$20,305,999	$3,191,451	+5.4%
Net Income	$-5,948,037	$6,808,549	-1.9%

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
ORLANDO ASHFORD	DIRECTOR (AS OF 2/3/2023)	1.0	Director	$0	$0	$0
SAJ CHERIAN	DIRECTOR (THRU 2/2/2023)	1.0	Director	$0	$0	$0
DOUG MACK	DIRECTOR (THRU 2/2/2023)	1.0	Director	$0	$0	$0
MICHAEL RUBIN	DIRECTOR (AS OF 2/3/2023)	1.0	Director	$0	$0	$0
ROBIN ELETTO	VICE-PRESIDENT (THRU 2/2/2023)	1.0	Officer	$0	$0	$0
MICHENER CHANDLEE	TREASURER (THRU 2/2/2023)	1.0	Officer	$0	$0	$0
JUSTIN SEBASTINO	TREASURER (AS OF 2/3/2023)	1.0	Officer	$0	$0	$0
CAREN YEAMANS	SECRETARY (THRU 12/6/2023)	1.0	Officer	$0	$0	$0
MELISSA BENGTSON	SECRETARY (AS OF 12/6/2023)	1.0	Officer	$0	$0	$0
GRACE FARRAJ	EXECUTIVE DIRECTOR	20.0	Officer	$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	$14,357,962	$20,305,999	$10,281,527	$-5,948,037
2022	$10,000,000	$3,191,451	$6,850,000	$6,808,549

FANATICS CHARITABLE FOUNDATION