BANKRUPTCY SEMINARS INC (EIN 391893326) - 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

1997

Legal Domicile

Principal Officer

MICHAEL C DUNBAR

Phone

5635568000

Tax Period

2019-01-01 to 2019-12-31

BANKRUPTCY SEMINARS INC, founded in 1997, is a micro nonprofit in the Human Services sector that reported $12K in total revenue in fiscal year 2019. Revenue surged 129% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4K, a strong 34% operating margin.

Mission

TO PROMOTE EDUCATION ON BANKRUPTCY TO PROMOTE RESEARCH AND EDUCATION ON MATTERS RELATED TO INSOLVENCY AND TO PROVIDE QUALITY CONTINUING EDUCATION SEMINARS IN BANKRUPTCY LAW & PROCEDURE FOR PRACTITIONERS, ADMINISTRATORS

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $11,605

Investment Income $0

Other Revenue $0

TOTAL REVENUE $11,605

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,641

Other Expenses $7,641

TOTAL EXPENSES $7,641

Year-over-Year Comparison

	2019	2018	Change
Revenue	$11,605	$5,062	+1.3%
Expenses	$7,641	$4,251	+0.8%
Net Income	$3,964	$811	+3.9%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GINA L KRAMER	DIRECTOR	1.00	Officer Director	$0	$0	$0
MICHAEL C DUNBAR	DIRECTOR-PRESIDENT	1.00	Director	$0	$0	$0
DAN CHILDERS	DIRECTOR	1.00	Director	$0	$0	$0
ERIC LANGSTON	DIRECTOR	1.00	Director	$0	$0	$0
JEFF MOHRHAUSER	DIRECTOR	1.00	Director	$0	$0	$0
LARRY S EIDE	DIRECTOR	1.00	Director	$0	$0	$0
WESLEY B HUISINGA	DIRECTOR	1.00	Director	$0	$0	$0
FRANCES W HENKELS	DIRECTOR	1.00	Director	$0	$0	$0
DESIREE KILBURG	DIRECTOR	1.00	Director	$0	$0	$0
CAROL DUNBAR	DIRECTOR-SECRETARY	1.00	Director	$0	$0	$0
NICOLE HUGHES	DIRECTOR	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
2019	$11,605	$7,641	No data	$3,964
2018	$5,062	$4,251	$12,311	$811

BANKRUPTCY SEMINARS INC