BESSIE BOLEY FOUNDATION (EIN 596165239) - 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

1971

Legal Domicile

Principal Officer

KEVIN MARRONE

Phone

7278214819

Tax Period

2023-09-01 to 2024-08-31

BESSIE BOLEY FOUNDATION, founded in 1971, is a small nonprofit in the Mental Health sector that reported $179K in total revenue in fiscal year 2023. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $432K exceeded revenue, resulting in a 142% operating deficit.

Mission

TO SUPPORT RESEARCH, THERAPY, HOUSING AND ALL OTHER FORMS OF AID TO AND FOR THE BENEFIT OF THOSE NEEDING HELP TO MAINTAIN, GAIN OR REGAIN MENTAL HEALTH THROUGH BOLEY CENTERS, INC, ITS SUPPORTED ORGANIZATION.

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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 $0

Program Service Revenue $0

Investment Income $178,589

Other Revenue $0

TOTAL REVENUE $178,589

Expense Breakdown

Grants Paid $425,435

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $425,435

Other Expenses $6,562

TOTAL EXPENSES $431,997

Year-over-Year Comparison

	2023	2022	Change
Revenue	$178,589	$1,989,341	-0.9%
Expenses	$431,997	$219,865	+1.0%
Net Income	$-253,408	$1,769,476	-1.1%

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

$626,512

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN MARRONE	CHIEF EXECUTIVE OFFICER	1.00	Officer	$0	$7,322	$215,936
MICHELLE JOSEPH	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$13,810	$195,576
JACK HUMBURG	CHIEF OPERATING OFFICER	1.00	Officer	$0	$0	$122,081
MARCY MCMATH	CHIEF CLINICAL OFFICER	1.00	Officer	$0	$10,635	$92,919
ANTONIO HARRIS	DIRECTOR	0.50	Director	$0	$0	$0
JOSEPH STRINGER	DIRECTOR	0.50	Director	$0	$0	$0
MARKUS HUGHES	DIRECTOR	0.50	Director	$0	$0	$0
MARKUS MITTENMAYR	DIRECTOR	0.50	Director	$0	$0	$0
MARTIN T LOTT	DIRECTOR	0.50	Director	$0	$0	$0
PAUL MISIEWICZ	DIRECTOR	0.50	Director	$0	$0	$0
RUTLAND BUSSEY	DIRECTOR	0.50	Director	$0	$0	$0
SUSAN PROCTOR	DIRECTOR	0.50	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
2024	$178,589	$431,997	$4,557,947	$-253,408
2023	$1,989,341	$219,865	$4,431,674	$1,769,476
2022	$103,398	$111,935	$2,754,563	$-8,537
2021	$179,920	$310,196	$2,872,564	$-130,276
2020	$81,911	$27,208	$2,447,220	$54,703
2019	$224,375	$259,865	$2,932,237	$-35,490
2018	$523,041	$139,194	$3,230,029	$383,847

BESSIE BOLEY FOUNDATION