BOOC INC (EIN 364363543) - 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

2000

Legal Domicile

Principal Officer

LANCE DAVIS

Phone

7086067507

Tax Period

2024-07-01 to 2025-06-30

BOOC INC, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $341K in total revenue in fiscal year 2024.

Mission

The mission of BOOC is to provide programs and activities that develop youth, enhance education, foster economic development and address health issues in underserved communities.

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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 $340,791

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $340,791

Expense Breakdown

Grants Paid $0

Salaries & Benefits $254,137

Fundraising Expenses $2,269

Program Expenses $233,673

Other Expenses $85,112

TOTAL EXPENSES $339,249

Year-over-Year Comparison

	2024	2023	Change
Revenue	$340,791	$352,023	0.0%
Expenses	$339,249	$327,438	+0.0%
Net Income	$1,542	$24,585	-0.9%

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

$85,154

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LANCE DAVIS	EXECUTIVE DIRECTOR	5.00	Director	$85,154	$0	$85,154
Erwin McEwen	Chair	1.00	Officer	$0	$0	$0
Bishop Robert Owens	Vice Chair	1.00	Officer	$0	$0	$0
Eugene Grandberry	Secretary	1.00	Officer	$0	$0	$0
Bishop Ronnie Lee	Treasurer	1.00	Officer	$0	$0	$0
Emmanuel Arthur	Board Member	1.00	Director	$0	$0	$0
Gregory Griffin	Board Member	1.00	Director	$0	$0	$0
Elbert Shaw	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
2025	$340,791	$339,249	$72,512	$1,542
2024	$352,023	$327,438	$124,245	$24,585
2024	$352,023	$327,587	$79,275	$24,436
2023	$288,099	$261,799	$62,809	$26,300
2022	$222,920	$253,969	$50,400	$-31,049
2022	$228,525	$253,969	$50,400	$-25,444
2020	$296,186	$225,866	$101,060	$70,320
2019	$163,645	$173,245	$31,100	$-9,600

BOOC INC