Brotherhood of Elders Network (EIN 364857014) - 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

Principal Officer

Gregory Hodge

Phone

5107508479

Tax Period

2023-01-01 to 2023-12-31

Brotherhood of Elders Network is a small nonprofit in the Arts, Culture & Humanities sector that reported $814K in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 50% operating deficit.

Mission

The Brotherhood of Elders Network is an intergenerational network of men of African Ancestry who foster environments where Black boys and young men are empowered to flourish. We advocate for males of African ancestry from infancy to adulthood. We leverage our resources and relationships to benefit Black boys.We maintain and preserve the health and wellness of our families and 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 (2023)

Revenue Breakdown

Contributions & Grants $473,589

Program Service Revenue $328,534

Investment Income $11,601

Other Revenue $0

TOTAL REVENUE $813,724

Expense Breakdown

Grants Paid $0

Salaries & Benefits $129,200

Fundraising Expenses $82,269

Program Expenses $956,282

Other Expenses $1,091,996

TOTAL EXPENSES $1,221,196

Year-over-Year Comparison

	2023	2022	Change
Revenue	$813,724	$1,551,268	-0.5%
Expenses	$1,221,196	$898,729	+0.4%
Net Income	$-407,472	$652,539	-1.6%

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

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

$91,667

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gregory Hodge	President & CEO	40.00	Officer	$91,667	$0	$91,667
Howard Pinderhughes	Treasurer	1.00	Officer	$0	$0	$0
Abner Boles	Co-chair	1.00	Officer	$0	$0	$0
Jason Seals	Co-chair/ Sec.	1.00	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
2024	No data	No data	No data	No data
2023	$813,724	$1,221,196	$853,141	$-407,472
2022	$1,551,268	$898,729	$1,260,060	$652,539
2021	$1,071,326	$1,059,258	$608,531	$12,068
2020	$792,596	$406,262	$530,955	$386,334
2019	$387,634	$327,309	$144,621	$60,325
2018	$247,331	$163,035	$84,296	$84,296

Brotherhood of Elders Network