8240 BOSTON INC (EIN 460689365) - 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

2012

Legal Domicile

Principal Officer

VICTOR CORONADO

Phone

8067955433

Tax Period

2023-01-01 to 2023-12-31

8240 BOSTON INC, founded in 2012, is a micro nonprofit in the Community Improvement sector that reported $32K in total revenue in fiscal year 2023. Revenue fell 332% from the prior year — a significant decline worth monitoring.

Mission

8240 BOSTON INC. HOLDS THE TITLE TO THE PROPERTY LOCATED AT 8240 BOSTON AVE IN LUBBOCK, TEXAS FOR THE PURPOSE OF COLLECTING RENT ON THE PROPERTY. THE INCOME PAYS FOR THE INSURANCE AND SIGNIFICANT REPAIR BILLS ON THE PROPERTY AS WELL AS SERVICING THE DEBT.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $-32,382

TOTAL REVENUE $-32,382

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-32,382	$13,975	-3.3%
Expenses	N/A	N/A	N/A
Net Income	N/A	$13,975	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

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
JEAN ANDERSON	VICE CHAIR	0.25	Officer Director	$0	$0	$0
VICTOR CORONADO	PRESIDENT	0.25	Officer Director	$0	$0	$0
JESSE GARCIA	SEC/TREAS	0.25	Officer Director	$0	$0	$0
KAREN GREEN	DIRECTOR	0.25	Director	$0	$0	$0
CANNON ROBERTS	DIRECTOR	0.25	Director	$0	$0	$0
ANNIE WHITE	DIRECTOR	0.25	Director	$0	$0	$0
ROSE WILSON	DIRECTOR	0.25	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
2024	No data	No data	No data	No data
2023	$-32,382	No data	$1,146,367	No data
2022	$13,975	No data	$1,203,727	No data
2021	$30,111	No data	$1,239,240	No data
2020	$897	No data	$1,232,076	No data
2019	$31,120	$36,087	$1,268,475	$-4,967
2018	$39,663	$35,812	$1,308,635	$3,851

8240 BOSTON INC