BOLD COMMUNITIES (EIN 465478037) - 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

2014

Legal Domicile

Principal Officer

MICHAEL MILLER

Phone

6504641319

Tax Period

2023-01-01 to 2023-12-31

BOLD COMMUNITIES, founded in 2014, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 7983% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 85% operating margin.

Mission

TO FOSTER, SUPPORT, CONSTRUCT, DEVELOP, ACQUIRE, REHABILITATE, MANAGE AND/OR OPERATE AND PROVIDE QUALIFIED AFFORDABLE HOUSING FOR LOW INCOME PERSONS AND FAMILIES, QUALIFIED HOUSING FOR MENTALLY AND PHYSICALLY CHALLENGED PERSONS, AND QUALIFIED HOUSING FOR ELDERLY PERSONS WITHIN THE UNITED STATES.

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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 $125,000

Program Service Revenue $1,246,229

Investment Income $2,826

Other Revenue $0

TOTAL REVENUE $1,374,055

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $34,535

Other Expenses $199,580

TOTAL EXPENSES $199,580

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,374,055	$17,000	+79.8%
Expenses	$199,580	$27,985	+6.1%
Net Income	$1,174,475	$-10,985	-107.9%

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

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

$10,000

Total Directors

$10,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MILLER	PRESIDENT	60.00	Officer Director	$0	$0	$0
OSCAR SOLARES	TREASURER / SECRETARY	1.00	Officer Director	$10,000	$0	$10,000
SANJAY CHAND	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH PHILLIPS	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIAN PHILLIPS	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	No data	No data	No data	No data
2023	$1,374,055	$199,580	$1,189,101	$1,174,475

BOLD COMMUNITIES