BME NETWORKS INC

EIN: 463083316 501(c)(3) Community Improvement

Hollywood, FL

Total Revenue
$2,312,816
Total Expenses
$2,908,423
Total Assets
$2,655,322
Net Assets
$2,252,719
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
DE
Principal Officer
TRABIAN SHORTERS
Phone
7868019563
Tax Period
2024-01-01 to 2024-12-31

BME NETWORKS INC, founded in 2013, is a community nonprofit in the Community Improvement sector that reported $2.3M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 26% operating deficit.

Mission

BME IS A GROWING NETWORK OF ALL RACES AND GENDERS COMMITTED TO BUILDING BETTER COMMUNITIES ACROSS THE U.S. BME IS BUILT UPON BLACK FATHERS, COACHES, BUSINESSMEN AND STUDENTS WHO LEAD BY EXAMPLE TO STRENGTHEN NEIGHBORHOODS, MENTOR YOUNG PEOPLE AND CREATE BUSINESSES. EACH DAY THEY HELP TO CHANGE OUR FUTURES FOR THE BETTER. BME COMMUNITY RAISES THE AWARENESS OF BLACK MEN AS ASSETS TO SOCIETY AND UPLIFTS THEIR POSITIVE NARRATIVES, ENGAGES PEOPLE OF ALL RACE AND GENDERS DIRECTLY IN COMMUNITY BUILDING ACTIVITIES AND NETWORKS RESOURCES FOR COMMUNITY GROWTH.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,255,307
Program Service Revenue $0
Investment Income $1,792
Other Revenue $55,717
TOTAL REVENUE $2,312,816

Expense Breakdown

Grants Paid $505,880
Salaries & Benefits $616,033
Fundraising Expenses $0
Program Expenses $2,752,457
Other Expenses $1,786,510
TOTAL EXPENSES $2,908,423

Year-over-Year Comparison

2024 2023 Change
Revenue $2,312,816 $2,976,106 -0.2%
Expenses $2,908,423 $2,332,843 +0.2%
Net Income $-595,607 $643,263 -1.9%
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

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Governance

Voting Members
4
Independent Members
4
Employees
6
Volunteers
20

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
2
$211,914
Total Directors
5
$191,564
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRABIAN SHORTERS Executive Dir. 40.00
Officer Director
$191,564 $0 $191,564
Sarah Bouchereau Chief of Staff 40.00
$105,465 $0 $105,465
Bruce Weinberg CPA CFO 7.00
Officer
$20,350 $0 $20,350
Sulaiman Rahman Board Member 1.00
Director
$0 $0 $0
DWAYNE EDWARDS Board Chairman 1.00
Director
$0 $0 $0
MARLON HILL BOARD MEMBER 1.00
Director
$0 $0 $0
Pamela Jolly 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
2024 $2,312,816 $2,908,423 $2,655,322 $-595,607
2023 $2,976,106 $2,332,843 $3,622,292 $643,263
2022 $3,174,512 $3,679,719 $3,328,640 $-505,207
2021 $3,752,296 $2,611,628 $3,518,885 $1,140,668
2020 $1,786,217 $1,107,155 $2,126,392 $679,062
2019 $1,710,958 $1,706,402 $1,516,129 $4,556
2018 $1,392,603 $1,553,483 $1,504,329 $-160,880
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