Beginning Our Future Learning and Outreach Center Inc (EIN 474488256) - 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

2015

Legal Domicile

Principal Officer

Larry Webb

Phone

8509947745

Tax Period

2024-01-01 to 2024-12-31

Beginning Our Future Learning and Outreach Center Inc, founded in 2015, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024.

Mission

To provide a faith based atmosphere, a first class curriculum and highly qualified teachers to help children learn life values and get a head start on education.

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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 $469,192

Program Service Revenue $513,366

Investment Income $0

Other Revenue $100,565

TOTAL REVENUE $1,083,123

Expense Breakdown

Grants Paid $0

Salaries & Benefits $510,990

Fundraising Expenses $0

Program Expenses $1,078,398

Other Expenses $660,118

TOTAL EXPENSES $1,171,108

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,083,123	$1,132,799	0.0%
Expenses	$1,171,108	$1,038,173	+0.1%
Net Income	$-87,985	$94,626	-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

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
Larry Webb	CEO	10.00	Officer Director	$0	$0	$0
Shari Pender	Director	4.00	Director	$0	$0	$0
Traci Peck	Secretary/Treasurer	10.00	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
2024	$1,083,123	$1,171,108	$468,777	$-87,985
2023	$1,132,799	$1,038,173	$670,276	$94,626
2022	$1,006,118	$1,024,404	$688,216	$-18,286
2021	$885,009	$706,520	$722,680	$178,489
2020	$723,910	$687,282	$541,723	$36,628

Beginning Our Future Learning and Outreach Center Inc