ACTION FOR A BETTER COMMUNITY FOUNDATION INC (EIN 161419706) - 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

1991

Legal Domicile

Principal Officer

JEROME UNDERWOOD

Phone

5853255116

Tax Period

2023-10-01 to 2024-09-30

ACTION FOR A BETTER COMMUNITY FOUNDATION INC, founded in 1991, is a small nonprofit that reported $217K in total revenue in fiscal year 2023. Revenue surged 57% from the prior year, signaling strong growth momentum. Expenses of $300K exceeded revenue, resulting in a 39% operating deficit.

Mission

TO SUPPORT THE GOALS OF ACTION FOR A BETTER COMMUNITY, INC. INCLUDING PROVIDING ASSISTANCE TO INDIVDUALS AND FAMILES TO ACQUIRE SKILLS, KNOWLEDGE AND TO GAIN ACCESS TO NEW OPPORTUNITIES IN ORDER TO ACHEIVE ECONOMIC SELF-SUFFICIENCY.

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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 $208,600

Program Service Revenue $0

Investment Income $0

Other Revenue $7,990

TOTAL REVENUE $216,590

Expense Breakdown

Grants Paid $100,000

Salaries & Benefits $91,318

Fundraising Expenses $0

Program Expenses $300,368

Other Expenses $109,050

TOTAL EXPENSES $300,368

Year-over-Year Comparison

	2023	2022	Change
Revenue	$216,590	$138,192	+0.6%
Expenses	$300,368	$114,872	+1.6%
Net Income	$-83,778	$23,320	-4.6%

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

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

$200,109

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEROME UNDERWOOD	BOARD MEMBER	2.00	Director	$0	$31,916	$200,109
JOHN KAUPP	BOARD MEMBER	2.00	Director	$0	$0	$0
JONATHAN GHENT	BOARD MEMBER	2.00	Director	$0	$0	$0
PATRICK CUNNINGHAM	BOARD MEMBER	2.00	Director	$0	$0	$0
BEN PEARSON	BOARD MEMBER	2.00	Director	$0	$0	$0
LYNNE HALIK DDS	BOARD MEMBER	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	$216,590	$300,368	$196,743	$-83,778
2023	$138,192	$114,872	$297,364	$23,320
2022	$204,516	$111,945	$299,516	$92,571

ACTION FOR A BETTER COMMUNITY FOUNDATION INC