THE R H BOYD COMPANY (EIN 621784244) - 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

1999

Legal Domicile

Principal Officer

DR LADONNA BOYD

Phone

6153508000

Tax Period

2023-01-01 to 2023-12-31

THE R H BOYD COMPANY, founded in 1999, is a community nonprofit in the Religion sector that reported $2.6M in total revenue in fiscal year 2023. Expenses of $4.5M exceeded revenue, resulting in a 72% operating deficit.

Mission

THE R.H. BOYD COMPANY'S MISSION IS TO PROVIDE BIBLICALLY SOUND LITERATURE THAT IS RELEVANT TO THE AFRICAN-AMERICAN COMMUNITY. THE COMPANY PUBLISHES CHRISTIAN LITERATURE THAT IS WRITTEN, DEVELOPED, AND INTERPRETED BY AFRICAN-AMERICANS TO REFLECT THEIR EXPERIENCES.

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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 $158,493

Program Service Revenue $0

Investment Income $154,730

Other Revenue $2,310,749

TOTAL REVENUE $2,623,972

Expense Breakdown

Grants Paid $86,136

Salaries & Benefits $1,026,660

Fundraising Expenses $0

Program Expenses $2,679,277

Other Expenses $3,401,577

TOTAL EXPENSES $4,514,373

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,623,972	$2,444,381	+0.1%
Expenses	$4,514,373	$4,108,843	+0.1%
Net Income	$-1,890,401	$-1,664,462	+0.1%

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

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

$417,272

Total Directors

$280,748

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR T L BROWN	DIRECTOR	1.00	Director	$4,000	$0	$4,000
DR DAVID GROVES	DIRECTOR	40.00	Director	$180,748	$0	$180,748
DR MATTHEW ALIX	DIRECTOR	1.00	Director	$4,000	$0	$4,000
MRS YVETTE BOYD	DIRECTOR	1.00	Director	$88,000	$0	$88,000
VERONICA MARABLE JOHNSON	DIRECTOR	1.00	Director	$4,000	$0	$4,000
DR LADONNA BOYD	PRESIDENT/CEO	1.00	Officer	$4,000	$0	$417,272

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
2023	$2,623,972	$4,514,373	$11,400,137	$-1,890,401
2022	$2,444,381	$4,108,843	$12,941,535	$-1,664,462
2021	$1,644,843	$3,320,582	$13,997,405	$-1,675,739
2020	$3,390,866	$2,827,655	$15,345,954	$563,211
2019	$3,847,679	$4,068,343	$21,262,659	$-220,664
2018	$3,101,609	$3,788,754	$21,407,477	$-687,145

THE R H BOYD COMPANY