Elevenforty

EIN: 933919633 501(c)(3) Religion

Palm Bch Gdns, FL

Total Revenue
$216,661
Total Expenses
$152,005
Total Assets
$91,791
Net Assets
$91,791
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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
2023
Legal Domicile
FL
Principal Officer
Tim Popadic
Phone
5617071894
Tax Period
2025-01-01 to 2025-12-31

Elevenforty, founded in 2023, is a small nonprofit in the Religion sector that reported $217K in total revenue in fiscal year 2025. The organization ran a surplus of $65K, a strong 30% operating margin.

Mission

ElevenForty Studios is organized exclusively for charitable and educational purposes within the meaning of Section 501c3. The organization was formed to advance the charitable missions of other 501c3 public charities by producing and distributing educational storytelling content including documentary video written profiles and digital media that explains their charitable work to the general public.

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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 (2025)

Revenue Breakdown

Contributions & Grants $216,661
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $216,661

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $152,005
Other Expenses $152,005
TOTAL EXPENSES $152,005

Year-over-Year Comparison

2025 2024 Change
Revenue $216,661 N/A N/A
Expenses $152,005 N/A N/A
Net Income $64,656 N/A N/A
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
1
Employees
N/A
Volunteers
25

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tim Popadic Executive Director 20.00
Officer
$0 $0 $0
Bill Harvey Chairman 5.00
Officer
$0 $0 $0
Beth Popadic Officer 5.00
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
2025 $216,661 $152,005 $91,791 $64,656
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