BAC DISASTER RELIEF FUND INC (EIN 203437085) - 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

2005

Legal Domicile

Principal Officer

JEREMIAH SULLIVAN JR

Phone

2027833788

Tax Period

2024-01-01 to 2024-12-31

BAC DISASTER RELIEF FUND INC, founded in 2005, is a small nonprofit in the Public Safety sector that reported $222K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $182K, a strong 82% operating margin.

Mission

TO PROVIDE RELIEF ASSISTANCE TO MEMBERS AND THEIR FAMILIES WHO ARE VICTIMS OF NATURAL AND UNNATURAL DISASTERS.

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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 $221,514

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $221,514

Expense Breakdown

Grants Paid $39,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,500

Other Expenses $0

TOTAL EXPENSES $39,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$221,514	$248,957	-0.1%
Expenses	$39,500	$20,000	+1.0%
Net Income	$182,014	$228,957	-0.2%

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

N/A

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

$1,707,642

Total Directors

$1,707,642

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY J DRISCOLL	PRESIDENT	1.00	Officer Director	$0	$163,181	$611,382
JEREMIAH SULLIVAN	SECRETARY-TREASURER	1.00	Officer Director	$0	$163,181	$577,546
KEITH HOCEVAR	EXECUTIVE VICE PRESIDENT	1.00	Officer Director	$0	$163,181	$518,714

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	$221,514	$39,500	$1,184,860	$182,014
2023	$248,957	$20,000	$1,002,846	$228,957
2022	$227,176	$12,000	$773,889	$215,176
2021	$193,600	$23,000	$559,213	$170,600

BAC DISASTER RELIEF FUND INC