501 Commons (EIN 943089631) - 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

1989

Legal Domicile

Principal Officer

RICHARD STARNES

Phone

2066826704

Tax Period

2023-01-01 to 2023-12-31

501 Commons, founded in 1989, is a mid-sized nonprofit in the Community Improvement sector that reported $22.2M in total revenue in fiscal year 2023. Revenue surged 214% from the prior year, signaling strong growth momentum. Expenses of $26.1M exceeded revenue, resulting in a 17% operating deficit.

Mission

We serve nonprofit organizations as experts innovators and partners

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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 $16,953,155

Program Service Revenue $3,717,301

Investment Income $1,524,813

Other Revenue $0

TOTAL REVENUE $22,195,269

Expense Breakdown

Grants Paid $16,424,574

Salaries & Benefits $6,942,679

Fundraising Expenses $6,346

Program Expenses $25,002,654

Other Expenses $2,685,752

TOTAL EXPENSES $26,053,005

Year-over-Year Comparison

	2023	2022	Change
Revenue	$22,195,269	$7,078,220	+2.1%
Expenses	$26,053,005	$21,543,334	+0.2%
Net Income	$-3,857,736	$-14,465,114	-0.7%

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

101

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

$319,886

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLY CONNORS	WSOS Executive Dir	40.00	Officer	$184,265	$7,371	$191,636
NANCY LONG	Executive Director	40.00	Officer	$126,980	$1,270	$128,250
JANICE DEGUCHI	Board Member	0.500	Director	$0	$0	$0
GREG DIETZEL	Board Member	0.500	Director	$0	$0	$0
IVAN LEE	Board Member	0.500	Director	$0	$0	$0
CHRIS MCCLINCY	Board Member	0.500	Director	$0	$0	$0
RITA RYDER	Board Member	0.500	Director	$0	$0	$0
SALLEY ANDERSON	Board Member	0.500	Director	$0	$0	$0
JIM YEARBY	Board Member	0.500	Director	$0	$0	$0
MARC GARCIA	Board Member	N/A	Director	$0	$0	$0
RICHARD STARNES	President	0.500	Officer Director	$0	$0	$0
ALICIA YAMAMOTO	Vice President	0.500	Officer Director	$0	$0	$0
CHRIS MILLER	Treasurer	0.500	Officer Director	$0	$0	$0
FRANK HAGEL	Secretary	0.500	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	No data	No data	No data	No data
2023	$22,195,269	$26,053,005	$127,359,527	$-3,857,736
2022	$7,078,220	$21,543,334	$124,125,139	$-14,465,114
2021	$4,138,516	$4,296,188	$2,535,580	$-157,672
2020	$3,626,353	$4,296,088	$2,276,074	$-669,735
2019	$4,004,175	$4,289,610	$1,984,639	$-285,435
2018	$4,068,941	$3,561,563	$2,305,269	$507,378

501 Commons