Boomerang Youth Inc

EIN: 474660452 501(c)(3)

CHAPEL HILL, NC

Total Revenue
$318,265
Total Expenses
$293,038
Total Assets
$95,558
Net Assets
$88,121
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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
NC
Principal Officer
Tova Hairston
Phone
9199682146
Tax Period
2024-07-01 to 2025-06-30

Boomerang Youth Inc, founded in 2015, is a small nonprofit that reported $318K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $293K left a modest 8% surplus.

Mission

Support Orange County NC Youth in cultivating skills during out of school time.

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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 $316,465
Program Service Revenue $0
Investment Income $0
Other Revenue $1,800
TOTAL REVENUE $318,265

Expense Breakdown

Grants Paid $0
Salaries & Benefits $188,308
Fundraising Expenses $59,365
Program Expenses $87,626
Other Expenses $103,780
TOTAL EXPENSES $293,038

Year-over-Year Comparison

2024 2023 Change
Revenue $318,265 $356,891 -0.1%
Expenses $293,038 $442,210 -0.3%
Net Income $25,227 $-85,319 -1.3%
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
12
Independent Members
12
Employees
10
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
2
$82,669
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tova Hairston Executive Director 45.0
Officer
$82,669 $0 $82,669
David Rousso Chair 1.25
Director
$0 $0 $0
Lisi Lotz Secretary 1.25
Director
$0 $0 $0
Lizzie Sager Vice Chair 1.25
Director
$0 $0 $0
Nia Richardson Marketing and Comm Chair 1.25
Director
$0 $0 $0
Ion Outerbridge Former Chair 1.25
Director
$0 $0 $0
Kimberly McNeil Director 0.5
Director
$0 $0 $0
Michael Rothrock Director 0.5
Director
$0 $0 $0
Justin Walker Director 0.5
Director
$0 $0 $0
Kevin Kay Director 0.5
Director
$0 $0 $0
Renee Threwky Director 0.5
Director
$0 $0 $0
Tim Toppen Director 0.5
Director
$0 $0 $0
Caroline Basnight Collier Fundraising Chair 1.25
Officer
$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 $318,265 $293,038 $95,558 $25,227
2024 $356,891 $442,210 $74,536 $-85,319
2023 $348,093 $444,933 $156,719 $-96,840
2022 $366,011 $290,998 $277,168 $75,013
2021 $386,541 $237,366 $200,031 $149,175
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