BACONE COLLEGE DEVELOPMENT CORPORATION (EIN 731288960) - 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

1986

Legal Domicile

Principal Officer

DR NICKY MICHAEL

Phone

9187817216

Tax Period

2020-08-01 to 2021-07-31

BACONE COLLEGE DEVELOPMENT CORPORATION, founded in 1986, is a micro nonprofit that reported $540 in total revenue in fiscal year 2020. Revenue fell 66% from the prior year — a significant decline worth monitoring.

Mission

TO RECEIVE AND MAINTAIN A FUND OR FUNDS EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC AND/OR EDUCATIONAL PURPOSES BY THE APPLICATION THEREOF FOR THE BENEFIT OF BACONE COLLEGE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $540

Other Revenue $0

TOTAL REVENUE $540

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2020	2019	Change
Revenue	$540	$1,586	-0.7%
Expenses	N/A	$4,432	-1.0%
Net Income	N/A	$-2,846	N/A

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

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

$339,444

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FERLIN CLARK	PRESIDENT	40.0	Officer	$0	$22,642	$173,312
JEROME STEELE	VICE PRESIDENT OF FINANCE/CFO	40.0	Officer	$0	$30,204	$94,841
LEROY THOMPSON	VP OF ACADEMIC AFFAIRS	40.0	Officer	$0	$13,693	$71,291
QUINTON ROMAN NOSE	CHAIR	1.0	Officer Director	$0	$0	$0
W RICHARD WEST JR	VICE CHAIR	1.0	Officer Director	$0	$0	$0
joseph garcia	treasurer	1.0	Officer Director	$0	$0	$0
lahoma schultz	secretary	1.0	Officer Director	$0	$0	$0
JOe bunch	member	1.0	Director	$0	$0	$0
MATTHEW KOMALTY	member	1.0	Director	$0	$0	$0
john shotton	member	1.0	Director	$0	$0	$0
geoffrey standing bear	member	1.0	Director	$0	$0	$0
raymond redcorn	designee	1.0	Director	$0	$0	$0
NEELY TSOODLE	member	1.0	Director	$0	$0	$0
REGGIE WASSANA	member	1.0	Director	$0	$0	$0
carrie whitlow	designee	1.0	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
2021	$540	No data	$2,111,705	No data
2020	$1,586	$4,432	$2,111,165	$-2,846
2019	$414,426	$154,973	$2,023,839	$259,453
2018	$369,690	$274,293	$3,286,774	$95,397

BACONE COLLEGE DEVELOPMENT CORPORATION