The Burroughs Foundation Inc (EIN 264023365) - 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

2013

Legal Domicile

Principal Officer

Tyrone A Burroughs

Phone

9013608967

Tax Period

2024-01-01 to 2024-12-31

The Burroughs Foundation Inc, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $312K in total revenue in fiscal year 2024. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $367K exceeded revenue, resulting in a 18% operating deficit.

Mission

Empower institutions and people to make significant contributions to their communities to make sure they are successful. We intend to aid in the transformation of individuals and transform people into successful contributors to our society at large.

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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 $311,816

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $311,817

Expense Breakdown

Grants Paid $13,967

Salaries & Benefits $64,269

Fundraising Expenses $0

Program Expenses $358,907

Other Expenses $288,272

TOTAL EXPENSES $366,508

Year-over-Year Comparison

	2024	2023	Change
Revenue	$311,817	$1,393,964	-0.8%
Expenses	$366,508	$272,547	+0.3%
Net Income	$-54,691	$1,121,417	-1.0%

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

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
Tyrone A Burroughs 3 Officer	President	N/A	Officer	$0	$0	$0
Demar Roberts 3 Officer	Officer	N/A	Officer	$0	$0	$0
Crystal Epps 3 Officer	Accountant	N/A	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
2024	$311,817	$366,508	$5,084,956	$-54,691
2023	$1,393,964	$272,547	$4,715,018	$1,121,417
2022	$516,938	$396,039	$3,338,520	$120,899
2021	$708,922	$299,666	$3,358,094	$409,256
2020	$338,297	$241,058	$2,621,880	$97,239

The Burroughs Foundation Inc