BONFARE MARKETS CHARITABLE FOUNDATION (EIN 030511948) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Phone

4088748600

Tax Period

2024-01-01 to 2024-12-31

BONFARE MARKETS CHARITABLE FOUNDATION, founded in 2003, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $177K in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $544K exceeded revenue, resulting in a 207% operating deficit.

Mission

AID GENERAL MEMBERS OF PUBLIC. TO HELP GENERAL MEMBERS OF PUBLIC BY GIVING CHARITABLE DONATION, THIS ORGANIZATION ARRANGES ANNUAL GOLF TOURNAMENT ASKING DONATION FOR CHARITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $176,375

Program Service Revenue $0

Investment Income $0

Other Revenue $670

TOTAL REVENUE $177,045

Expense Breakdown

Grants Paid $542,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $544,055

Other Expenses $1,305

TOTAL EXPENSES $544,055

Year-over-Year Comparison

	2024	2023	Change
Revenue	$177,045	$344,653	-0.5%
Expenses	$544,055	$217,788	+1.5%
Net Income	$-367,010	$126,865	-3.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
JAGJEET S KAPOOR	TRUSTEEDIRECTOR	2.00	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	$177,045	$544,055	$158,021	$-367,010
2023	$344,653	$217,788	$525,031	$126,865
2022	$463,974	$197,781	$398,166	$266,193
2021	$233,952	$192,288	$131,973	$41,664
2020	$130	$1,907	$90,309	$-1,777
2019	$256	$36,423	$92,086	$-36,167
2018	$241,690	$237,568	$128,253	$4,122

BONFARE MARKETS CHARITABLE FOUNDATION