BUILDING OWNERS & MANAGERS ASSOCIA… - Form 990 Financial Data

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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

1986

Legal Domicile

Principal Officer

PATRICE GRIFFITH

Phone

9164439092

Tax Period

2023-01-01 to 2023-12-31

BUILDING OWNERS & MANAGERS ASSOCIATION OF SACRAMENTO, founded in 1986, is a small nonprofit that reported $400K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $447K exceeded revenue, resulting in a 12% operating deficit.

Mission

BOMA'S PRIMARY MISSION IS TO ACTIVELY REPRESENT AND PROMOTE THE INTERESTS OF THE COMMERCIAL REAL ESTATE INDUSTRY THROUGH EFFECTIVE LEADERSHIP AND ADVOCACY, THROUGH THE COLLECTION, ANALYSIS AND DISSEMINATION OF INFORMATION, AND THROUGH PROFESSIONAL DEVELOPMENT.

Program Service Accomplishments

Program 1

THROUGHOUT THE YEAR, BOMA SACRAMENTO AIMS TO PROVIDE YOU WITH THE BEST EDUCATIONAL OPPORTUNITIES TO HELP ADVANCE YOU IN YOUR CAREER. IN ADDITION TO BOMI DESIGNATION COURSES, WE ALSO OFFER TIMELY...

THROUGHOUT THE YEAR, BOMA SACRAMENTO AIMS TO PROVIDE YOU WITH THE BEST EDUCATIONAL OPPORTUNITIES TO HELP ADVANCE YOU IN YOUR CAREER. IN ADDITION TO BOMI DESIGNATION COURSES, WE ALSO OFFER TIMELY CONCENTRATED PROFESSIONAL DEVELOPMENT SEMINARS. TAUGHT BY LOCAL EXPERTS IN THE FIELD, MANY OF WHOM SIT ON OUR BOARD OF DIRECTORS, THESE 3 HOUR WORKSHOPS OFFER THE FORUM TO ASK QUESTIONS IN AN OPEN, INFORMATIVE SETTING. IT IS ALSO A GREAT OPPORTUNITY TO MINGLE WITH PEERS.

Program 2

BOMA NEWS, A MONTHLY NEWSLETTER PROVIDING INFORMATION ON LOCAL AND STATE ISSUES, NEWS AND INFORMATION ON UPCOMING NETWORKING ACTIVITIES, AND NEWS ABOUT WHAT BOMA SACRAMENTO IS DOING FOR THE INDUSTRY. BOMA ALSO PROVIDES MONTLY MEETINGS, PROGRAMS AND SPECIAL EVENTS WHICH PROVIDE NETWORKING AND EDUCATIONAL OPPORTUNITIES FOR THE MEMBERS.

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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 $10,855

Program Service Revenue $387,220

Investment Income $669

Other Revenue $1,456

TOTAL REVENUE $400,200

Expense Breakdown

Grants Paid $24,911

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $422,001

TOTAL EXPENSES $446,912

Year-over-Year Comparison

	2023	2022	Change
Revenue	$400,200	$359,558	+0.1%
Expenses	$446,912	$350,472	+0.3%
Net Income	$-46,712	$9,086	-6.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICE GRIFFITH	PRESIDENT	5.00	Officer Director	$0	$0	$0
LISA FITZGERALD	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
JESSICA HECKLE	PAST PRESIDENT	5.00	Officer Director	$0	$0	$0
KRISTIN ABRAHAMSON	DIRECTOR	5.00	Director	$0	$0	$0
CHRISTAL CHAPMAN	DIRECTOR	5.00	Director	$0	$0	$0
DAVID CREEGGAN	DIRECTOR	5.00	Director	$0	$0	$0
JANEL DEROSE	DIRECTOR	5.00	Director	$0	$0	$0
TRENA ELLIS	DIRECTOR	5.00	Director	$0	$0	$0
ANGEL JONES	DIRECTOR	5.00	Director	$0	$0	$0
THERESA NUNALLY	DIRECTOR	5.00	Director	$0	$0	$0
KRISTINA PERLE	DIRECTOR	5.00	Director	$0	$0	$0
ELIZABETH SANFORD	DIRECTOR	5.00	Director	$0	$0	$0
DANIA SANTOS-CRUZ	DIRECTOR	5.00	Director	$0	$0	$0
HEIDI SILVIERA	DIRECTOR	5.00	Director	$0	$0	$0
JULIA COCHRAN	EXECUTIVE DIRECTOR	40.00	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
2024	No data	No data	No data	No data
2023	$400,200	$446,912	$197,500	$-46,712
2022	$359,558	$350,472	$263,953	$9,086
2021	$296,490	$296,479	$267,248	$11
2020	$232,603	$243,935	$248,327	$-11,332
2019	$351,116	$353,184	$271,030	$-2,068
2018	$358,934	$346,430	$287,326	$12,504

BUILDING OWNERS & MANAGERS ASSOCIATION OF SACRAMENTO