BOWIE BUSINESS INNOVATION CENTER INC (EIN 271352516) - 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

2009

Legal Domicile

Principal Officer

JUNE EVANS

Phone

3013831550

Tax Period

2023-01-01 to 2023-12-31

BOWIE BUSINESS INNOVATION CENTER INC, founded in 2009, is a small nonprofit in the Education sector that reported $473K in total revenue in fiscal year 2023. Revenue fell 86% from the prior year — a significant decline worth monitoring. Net assets of $3.3M represent 83 months of operating reserves.

Mission

A KEY EDUCATIONAL RESOURCE AND DRIVER OF ENTREPRENEURSHIP IN BOWIE AND PRINCE GEORGES COUNTY.

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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 $330,711

Program Service Revenue $115,756

Investment Income $0

Other Revenue $26,550

TOTAL REVENUE $473,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $242,634

Fundraising Expenses $0

Program Expenses $465,417

Other Expenses $262,167

TOTAL EXPENSES $504,801

Year-over-Year Comparison

	2023	2022	Change
Revenue	$473,017	$3,282,481	-0.9%
Expenses	$504,801	$159,446	+2.2%
Net Income	$-31,784	$3,123,035	-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

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

$95,198

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUNE EVANS	EXECUTIVE DIRECTOR	40.00	Officer	$95,198	$0	$95,198
JESSE BUGGS	CHAIR	1.00	Officer Director	$0	$0	$0
WENDY L JENKINS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
INDIA BASCOMBE	TREASURER	1.00	Officer Director	$0	$0	$0
CHARLENE T WADE	SECRETARY	1.00	Officer Director	$0	$0	$0
ISAIAS ALBA	BOARD MEMBER	1.00	Director	$0	$0	$0
MAGDALENA GEBREKRIST	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT DURU	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK A LAWRENCE	BOARD MEMBER	1.00	Director	$0	$0	$0
EBEN G SMITH	BOARD MEMBER	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	No data	No data	No data	No data
2023	$473,017	$504,801	$3,282,820	$-31,784
2022	$3,282,481	$159,446	$3,400,164	$3,123,035
2021	$496,434	$390,292	$386,840	$106,142
2020	$411,983	$331,395	$243,527	$80,588
2019	$342,616	$351,699	$141,095	$-9,083
2018	$388,158	$284,541	$160,267	$103,617

BOWIE BUSINESS INNOVATION CENTER INC