Bent Creek Institute Inc (EIN 264768737) - 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

2008

Legal Domicile

Principal Officer

Drake Fowler

Phone

8286652492

Tax Period

2023-07-01 to 2024-06-30

Bent Creek Institute Inc, founded in 2008, is a micro nonprofit in the Science & Technology sector that reported $66K in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $61K left a modest 8% surplus.

Mission

BENT CREEK INSTITUTE, INC. (BCI), A NON-PROFIT RESEARCH AND ECONOMIC DEVELOPMENT ORGANIZATION ACCELERATES RESEARCH, DEVELOPMENT, AND PRODUCTION OF SAFE PLANT DERIVED WELLNESS PRODUCTS IN WESTERN NORTH CAROLINA.

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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 $10,000

Program Service Revenue $56,150

Investment Income $0

Other Revenue $0

TOTAL REVENUE $66,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,114

Fundraising Expenses $0

Program Expenses $55,350

Other Expenses $13,561

TOTAL EXPENSES $60,675

Year-over-Year Comparison

	2023	2022	Change
Revenue	$66,150	$151,455	-0.6%
Expenses	$60,675	$148,442	-0.6%
Net Income	$5,475	$3,013	+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

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
Drake Fowler	President	5.00	Officer Director	$0	$0	$0
Greg Cumberford	Board Chair	4.00	Officer Director	$0	$0	$0
Cheryl McMurry	Secretary/Treasurer	1.00	Officer 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	$66,150	$60,675	$195,282	$5,475
2023	$151,455	$148,442	$193,462	$3,013
2022	$190,158	$187,620	$221,349	$2,538
2021	$266,886	$267,224	$201,660	$-338
2020	$279,670	$348,201	$223,290	$-68,531
2019	$363,291	$328,861	$213,178	$34,430
2018	$229,338	$276,484	$204,496	$-47,146

Bent Creek Institute Inc