BUSINESSMENS BIBLE CLASS GIFT SCHOLARSHIP FUND INC (EIN 582114093) - 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

Principal Officer

SHELTON PRINCE

Phone

7706349299

Tax Period

2024-01-01 to 2024-12-31

BUSINESSMENS BIBLE CLASS GIFT SCHOLARSHIP FUND INC is a micro nonprofit in the Religion sector that reported $12K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $24K exceeded revenue, resulting in a 95% operating deficit.

Mission

TO PROVIDE SCHOLARSHIPS TO STUDENTS AND SUPPORT CHURCH MISSIONS.

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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 $500

Program Service Revenue $0

Investment Income $11,551

Other Revenue $0

TOTAL REVENUE $12,051

Expense Breakdown

Grants Paid $22,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,500

Other Expenses $1,013

TOTAL EXPENSES $23,513

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,051	$9,725	+0.2%
Expenses	$23,513	$23,253	+0.0%
Net Income	$-11,462	$-13,528	-0.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRED BARKSDALE	CHAIRMAN	N/A	Officer	$0	$0	$0
TOM BOOTH	VP	N/A	Officer	$0	$0	$0
JOEL COOPER	SECRETARY	N/A	Officer	$0	$0	$0
SHELTON PRINCE	TREASURER	N/A	Officer	$0	$0	$0
LARRY SULLIVAN	VP	N/A	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	No data	No data	No data	No data
2024	$12,051	$23,513	$598,942	$-11,462
2023	$9,725	$23,253	$581,243	$-13,528
2022	$8,762	$26,612	$510,797	$-17,850
2021	$9,987	$200	$602,513	$9,787

BUSINESSMENS BIBLE CLASS GIFT SCHOLARSHIP FUND INC