IAMPEOPLEORG C/O CHARLES BOMAR

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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

2015

Legal Domicile

Principal Officer

CHARLES BOMAR

Phone

5033143117

Tax Period

2021-01-01 to 2021-12-31

IAMPEOPLEORG C/O CHARLES BOMAR, founded in 2015, is a small nonprofit in the Education sector that reported $220K in total revenue in fiscal year 2021. The organization ran a surplus of $79K, a strong 36% operating margin.

Mission

TO MEET INDIVIDUAL AND FAMILY FINANCIAL NEEDS WITHIN THEIR COMMUNITIES, AND TO SERVE WITH PARTNER NONPROFIT ORGANIZATIONS WITHIN OUR NETWORK.

Program Service Accomplishments

Program 1

Expenses: $140,954

PROVIDED DEBT RELIEF TO FAMILIES IN NEED WITHIN OUR COMMUNITY

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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 (2021)

Revenue Breakdown

Contributions & Grants $219,502

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $219,502

Expense Breakdown

Grants Paid $140,188

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $140,954

Other Expenses $766

TOTAL EXPENSES $140,954

Year-over-Year Comparison

	2021	2020	Change
Revenue	$219,502	N/A	N/A
Expenses	$140,954	N/A	N/A
Net Income	$78,548	N/A	N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES BOMAR	PRESIDENT	2.00	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
2021	$219,502	$140,954	$143,549	$78,548