BOARD STRONG INC

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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

1969

Legal Domicile

Principal Officer

MEGAN ALLEN

Phone

2124471236

Tax Period

2024-01-01 to 2024-12-31

BOARD STRONG INC, founded in 1969, is a small nonprofit that reported $219K in total revenue in fiscal year 2024.

Mission

BOARDSTRONG'S MISSION IS TO ADVANCE THE NONPROFIT SECTOR AND THE IMPACT OF THE WORK NONPROFITS DO BY SUPPORTING THE ACHIEVEMENT OF THE HIGHEST STANDARDS OF BOARD LEADERSHIP, GOVERNANCE AND OVERSIGHT.

Program Service Accomplishments

Program 1

Expenses: $123,077 Revenue: $102,437

TECHNICAL ASSISTANCE - BOARDSTRONG PROVIDES NONPROFIT BOARD TRAINING, CONSULTATION, AND EDUCATIONAL RESOURCES. WE WORK ON BOARD MEMBER REPLACEMENT AND RECRUITMENT AND REVITALIZE CURRENT BOARD MEMBER INVOLVEMENT. WE CUSTOMIZE OUR GOVERNANCE ASSISTANCE TO THE UNIQUE NEEDS AND CONCERNS OF EACH INDIVIDUAL ORGANIZATION. WE PROVIDE WEBINARS AND OTHER EDUCATIONAL RESOURCES TO THE NONPROFIT COMMUNITY.

Program 2

Expenses: $72,995 Revenue: $11,670

THE ONLINE PROGRAM OF BOARD STRONG SERVES BOARD CANDIDATES AND NONPROFIT NATIONALLY AND THROUGHOUT NEW YORK STATE USING E-LEARNING AND OUR DIGITAL MATCHING PROGRAM. THE PROGRAM USING OUR WEB SITE...

THE ONLINE PROGRAM OF BOARD STRONG SERVES BOARD CANDIDATES AND NONPROFIT NATIONALLY AND THROUGHOUT NEW YORK STATE USING E-LEARNING AND OUR DIGITAL MATCHING PROGRAM. THE PROGRAM USING OUR WEB SITE BOARDSTRONG.ORG, CONNECTS PEOPLE WITH BOARD AND PROVIDES NEW AND EXPERIENCED BOARD MEMBERS WITH TRAINING AND LEADERSHIP RESOURCES TO SUPPORT ORGANIZATIONAL SUCCESS. THE PROGRAM STRIVES TO ENHANCE THE GOVERNANCE CAPABILITY AND PERFORMANCE OF NONPROFITS THROUGH ONLINE RECRUITMENT AND PLACEMENT OF VOLUNTEERS LOOKING TO SERVE AS BOARD LEADERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $95,369

Program Service Revenue $114,107

Investment Income $0

Other Revenue $9,712

TOTAL REVENUE $219,188

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $6,042

Program Expenses $196,072

Other Expenses $220,953

TOTAL EXPENSES $220,953

Year-over-Year Comparison

	2024	2023	Change
Revenue	$219,188	$205,108	+0.1%
Expenses	$220,953	$215,092	+0.0%
Net Income	$-1,765	$-9,984	-0.8%

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

$413,301

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEGAN ALLEN	CEO	1.75	Officer	$0	$630	$153,816
MICHELLE JARVAIS	SR. VP CFO	4.00	Officer	$0	$20,223	$128,399
KELLY MATHEWS	COO, SR. VP	1.00	Officer	$0	$21,661	$131,086
DANIEL FLAX	CHAIR (START	2.00	Officer Director	$0	$0	$0
DAVID BIRDSELL PHD	CHAIR (END 4	1.00	Officer Director	$0	$0	$0
JANET T FARRELL	VICE CHAIR	2.00	Officer Director	$0	$0	$0
DAVID ROTTKAMP CPA	TREASURER	2.00	Officer Director	$0	$0	$0
ELEANOR HUME	SECRETARY	2.00	Officer Director	$0	$0	$0
JABARI BELL	DIRECTOR	1.00	Director	$0	$0	$0
MARY ELLEN COLOGERO	DIRECTOR	1.00	Director	$0	$0	$0
MARINA CVETKOVIC	DIRECTOR	1.00	Director	$0	$0	$0
REG FOSTER	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY JACOB	DIRECTOR (EN	1.00	Director	$0	$0	$0
HSING HSING LI	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL D PARDOE	DIRECTOR	1.00	Director	$0	$0	$0
SHEILA STRONG EDD	DIRECTOR	1.00	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	$219,188	$220,953	$64,285	$-1,765
2023	$205,108	$215,092	$62,344	$-9,984
2022	$142,947	$216,659	$50,566	$-73,712
2021	$209,549	$192,291	$143,775	$17,258
2020	$190,459	$205,921	$119,229	$-15,462
2019	$286,236	$307,532	$142,418	$-21,296
2018	$165,836	$171,034	$143,885	$-5,198