BED START INCORPORATED (EIN 463795959) - 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

2013

Legal Domicile

Principal Officer

Douglas Nickols

Phone

2149291342

Tax Period

2024-01-01 to 2024-12-31

BED START INCORPORATED, founded in 2013, is a small nonprofit in the Human Services sector that reported $196K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

The highly unique Bed Start ministry goes beyond existing charities, nonprofit organizations, and collection sites to partner with any and all in poverty, crisis, or need, requiring furnishings and other household items at no cost.

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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 (2024)

Revenue Breakdown

Contributions & Grants $196,088

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $196,088

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $204,738

Other Expenses $204,738

TOTAL EXPENSES $204,738

Year-over-Year Comparison

	2024	2023	Change
Revenue	$196,088	$208,491	-0.1%
Expenses	$204,738	$172,551	+0.2%
Net Income	$-8,650	$35,940	-1.2%

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

463

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
Douglas P Nickols	Executive Director & President	50.00	Officer Director	$0	$0	$0
Laura Farley	Board Member & Vice President	6	Officer Director	$0	$0	$0
Wendy Curran Meyer	Board Member	1	Officer Director	$0	$0	$0
Elizabeth Hairston	Board Member & Treasurer	2	Officer 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
2025	No data	No data	No data	No data
2024	$196,088	$204,738	$147,026	$-8,650
2023	$208,491	$172,551	$155,676	$35,940
2022	$139,399	$144,154	$119,736	$-4,755
2021	$132,215	$89,842	$124,491	$42,373

BED START INCORPORATED