Fund for Boston Neighborhoods Inc (EIN 046185609) - 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

1968

Legal Domicile

Principal Officer

SEGUN IDOWU

Phone

6176353606

Tax Period

2023-07-01 to 2024-06-30

Fund for Boston Neighborhoods Inc, founded in 1968, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 5607% from the prior year, signaling strong growth momentum. The organization ran a surplus of $485K, a strong 42% operating margin.

Mission

The Fund for Boston Neighborhoods, Inc. is committed to supporting the civic life in the City of Boston through public programming for the benefit (continued on schedule o)

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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 $1,142,000

Program Service Revenue $0

Investment Income $3,114

Other Revenue $0

TOTAL REVENUE $1,145,114

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $652,648

Other Expenses $660,187

TOTAL EXPENSES $660,187

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,145,114	$20,066	+56.1%
Expenses	$660,187	$70,760	+8.3%
Net Income	$484,927	$-50,694	-10.6%

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

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
SEGUN IDOWU	PRESIDENT	10.0	Officer Director	$0	$0	$0
ANABELA GOMES	VICE PRESIDENT	2.0	Officer Director	$0	$0	$0
JULIE BURNS	TREASURER	2.0	Officer Director	$0	$0	$0
ALEXIS TKACHUK	SECRETARY	2.0	Officer Director	$0	$0	$0
KEN RYAN	DIRECTOR	2.0	Director	$0	$0	$0
WILLIE E HICKS	DIRECTOR	2.0	Director	$0	$0	$0
AMY YANDLE	CONTROLLER	4.0	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
2025	No data	No data	No data	No data
2024	$1,145,114	$660,187	$1,597,552	$484,927
2023	$20,066	$70,760	$743,548	$-50,694
2022	$77,610	$128,031	$794,418	$-50,421
2021	$54,460	$108,312	$848,123	$-53,852
2020	$456,019	$480,753	$904,475	$-24,734
2019	$1,683,635	$1,270,259	$939,209	$413,376
2018	$479,841	$408,680	$514,804	$71,161

Fund for Boston Neighborhoods Inc