BING YOUTH INSTITUTE (EIN 472393025) - 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

DAVE BING

Phone

3133927016

Tax Period

2021-01-01 to 2021-12-31

BING YOUTH INSTITUTE, founded in 2014, is a small nonprofit that reported $230K in total revenue in fiscal year 2021. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $325K exceeded revenue, resulting in a 41% operating deficit.

Mission

TO CREATE A MEANINGFUL EXPERIENCE THAT WILL HELP TO UNLEASH THE UNLIMITED POTENTIAL OF URBAN YOUNG MEN.

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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 (2021)

Revenue Breakdown

Contributions & Grants $214,725

Program Service Revenue $0

Investment Income $15,261

Other Revenue $0

TOTAL REVENUE $229,986

Expense Breakdown

Grants Paid $7,000

Salaries & Benefits $112,500

Fundraising Expenses $0

Program Expenses $246,448

Other Expenses $205,619

TOTAL EXPENSES $325,119

Year-over-Year Comparison

	2021	2020	Change
Revenue	$229,986	$397,964	-0.4%
Expenses	$325,119	$496,323	-0.3%
Net Income	$-95,133	$-98,359	0.0%

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

$112,500

Total Directors

$112,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE BING	PRESIDENT	20.00	Officer Director	$12,000	$0	$12,000
PETER REMINGTON	SECRETARY	10.00	Officer Director	$0	$0	$0
ROBERT WARFIELD	TREASURER	40.00	Officer Director	$100,500	$0	$100,500
JIM COMER	MEMBER	10.00	Director	$0	$0	$0
NICOLETTE LEWIS	MEMBER	10.00	Director	$0	$0	$0
MATT SIMONCINI	MEMBER	10.00	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
2021	$229,986	$325,119	$656,862	$-95,133
2020	$397,964	$496,323	$713,128	$-98,359
2019	$536,132	$518,482	$734,517	$17,650
2018	$605,046	$720,631	$694,907	$-115,585

BING YOUTH INSTITUTE