Bootstraps Foundation Inc (EIN 621336039) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

Joe White

Phone

6152186471

Tax Period

2019-01-01 to 2019-12-31

Bootstraps Foundation Inc, founded in 1987, is a micro nonprofit that reported $37K in total revenue in fiscal year 2019. Revenue surged 100% from the prior year, signaling strong growth momentum. Expenses of $64K exceeded revenue, resulting in a 74% operating deficit.

Mission

Award scholarships to Middle Tennessee students who show an ability to cope with and overcome difficulties, problems and obstacles as well as seize opportunities

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $33,640

Program Service Revenue $0

Investment Income $3,127

Other Revenue $0

TOTAL REVENUE $36,767

Expense Breakdown

Grants Paid $59,375

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,375

Other Expenses $4,559

TOTAL EXPENSES $63,934

Year-over-Year Comparison

	2019	2018	Change
Revenue	$36,767	$18,388	+1.0%
Expenses	$63,934	$76,182	-0.2%
Net Income	$-27,167	$-57,794	-0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Joe White	Pres/Chairman	1	Officer	$0	$0	$0
Andy Lee	Vice-Pres	1	Officer	$0	$0	$0
Ed VanVoorhees	SEc/Treas	1	Officer	$0	$0	$0
Paul Burd	Director	1	Director	$0	$0	$0
David Potter	Director	1	Director	$0	$0	$0
Les Jackson	Director	1	Director	$0	$0	$0
Chris Weinburg	Director	1	Director	$0	$0	$0
Jim Thein	Director	1	Director	$0	$0	$0
Felicia Rannel	Director	1	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
2019	$36,767	$63,934	$131,068	$-27,167
2018	$18,388	$76,182	$142,015	$-57,794

Bootstraps Foundation Inc