Believe in Bristol Inc (EIN 364574627) - 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

Tax Period

2022-07-01 to 2023-06-30

Believe in Bristol Inc, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $214K in total revenue in fiscal year 2022. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $276K exceeded revenue, resulting in a 29% operating deficit.

Mission

Activities related to the economic stimulation of downtown Bristol.

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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 (2022)

Revenue Breakdown

Contributions & Grants $164,839

Program Service Revenue $46,632

Investment Income $3

Other Revenue $2,721

TOTAL REVENUE $214,195

Expense Breakdown

Grants Paid $65,000

Salaries & Benefits $90,575

Fundraising Expenses $0

Program Expenses $228,391

Other Expenses $120,427

TOTAL EXPENSES $276,002

Year-over-Year Comparison

	2022	2021	Change
Revenue	$214,195	$301,299	-0.3%
Expenses	$276,002	$177,191	+0.6%
Net Income	$-61,807	$124,108	-1.5%

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

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

$48,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Maggie Elliott	Ex Dir	40.00	Director	$48,000	$0	$48,000
Marjorie Tester	Dir	5.00	Director	$0	$0	$0
Kathryn Perrin	Dir	5.00	Director	$0	$0	$0
Anthony Farnum	Dir	5.00	Director	$0	$0	$0
Teresa Tibol	Dir	5.00	Director	$0	$0	$0
Samuel Crowe	Dir	5.00	Director	$0	$0	$0
Randall Eads	Dir	5.00	Director	$0	$0	$0
Jay Detrick	Dir	5.00	Director	$0	$0	$0
Rob Blanton	Dir	5.00	Director	$0	$0	$0
Bill Soarah	Dir	5.00	Director	$0	$0	$0
Brittany Rutherford	Dir	5.00	Director	$0	$0	$0
Chip Marshall	Dir	5.00	Director	$0	$0	$0
Sarah Hutchinson	Dir	5.00	Director	$0	$0	$0
Wilma Gill	Dir	5.00	Director	$0	$0	$0
Terry Napier	Dir	5.00	Director	$0	$0	$0
Lea Powers	Dir	5.00	Director	$0	$0	$0
Tom Anderson	Dir	5.00	Director	$0	$0	$0
Ken Monyak	Past Pres	5.00	Officer Director	$0	$0	$0
Van Guthrie	VP	5.00	Officer	$0	$0	$0
Sarah Hitt	Pres	5.00	Officer	$0	$0	$0
Renee Rodgers	Dir	5.00	Officer	$0	$0	$0
Jessica Barnett	Sec	5.00	Officer	$0	$0	$0
Bethany Wilson	Treas	5.00	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
2025	No data	No data	No data	No data
2023	$214,195	$276,002	$84,798	$-61,807
2022	$301,299	$177,191	$160,214	$124,108
2021	$145,619	$152,577	$25,502	$-6,958
2020	$133,868	$137,999	$17,859	$-4,131
2018	$122,910	$196,303	$8,485	$-73,393

Believe in Bristol Inc