YOUNG MENS BUSINESS LEAGUE OF BEAUMONT (EIN 741045134) - 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

1917

Legal Domicile

Principal Officer

Chris Colletti

Phone

4098329991

Tax Period

2023-07-01 to 2024-06-30

YOUNG MENS BUSINESS LEAGUE OF BEAUMONT, founded in 1917, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $808K, a strong 43% operating margin.

Mission

Improve the general welfare of the City of Beaumont and Southeast Texas.

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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 $207,307

Investment Income $298,989

Other Revenue $1,353,143

TOTAL REVENUE $1,859,439

Expense Breakdown

Grants Paid $260,309

Salaries & Benefits $299,273

Fundraising Expenses $0

Program Expenses $736,899

Other Expenses $491,783

TOTAL EXPENSES $1,051,365

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,859,439	$1,358,260	+0.4%
Expenses	$1,051,365	$1,041,179	+0.0%
Net Income	$808,074	$317,081	+1.5%

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

690

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

$130,613

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chris Colletti	Exec. Vice Pres	40.00	Officer	$130,613	$0	$130,613
Keith Blackwood	Director	0.00	Director	$0	$0	$0
Clint Lewis	Attorney	0.00	Director	$0	$0	$0
Gerard Celestine	President	0.00	Officer Director	$0	$0	$0
Earnest Doyle	Director	0.00	Director	$0	$0	$0
Chase Kiker	Director	0.00	Director	$0	$0	$0
Chuck Kiker	1st VP	0.00	Officer Director	$0	$0	$0
John Galvan	Director	0.00	Director	$0	$0	$0
Mitch Macon	Past President	0.00	Officer Director	$0	$0	$0
Robert Jacobs	Director	0.00	Director	$0	$0	$0
Joe Ochoa	Director	0.00	Director	$0	$0	$0
James Patton	Director	0.00	Director	$0	$0	$0
Marcus Southerland	Director	0.00	Director	$0	$0	$0
Darrell Berwick	2nd VP	0.00	Officer Director	$0	$0	$0
Jimmy Ward	Director	0.00	Director	$0	$0	$0
A J Boudreaux	Director	0.00	Director	$0	$0	$0
Clint Turner	Director	0.00	Director	$0	$0	$0
Robert Kiker	Director	0.00	Director	$0	$0	$0
Mitch McCurley	3rd VP	0.00	Officer Director	$0	$0	$0
Brad Penisson	Treasurer	0.00	Director	$0	$0	$0
Norbert Romero	Director	0.00	Director	$0	$0	$0
Greg Wall	Director	0.00	Director	$0	$0	$0
Jim Wilson	Director	0.00	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
2025	No data	No data	No data	No data
2024	$1,859,439	$1,051,365	$9,519,862	$808,074
2023	$1,358,260	$1,041,179	$8,643,810	$317,081
2022	$1,535,427	$822,468	$8,391,498	$712,959
2021	$1,405,538	$366,892	$7,721,999	$1,038,646
2020	$103,196	$794,400	$6,711,059	$-691,204
2019	$990,561	$658,439	$7,316,070	$332,122
2018	$1,155,237	$806,465	$6,970,063	$348,772

YOUNG MENS BUSINESS LEAGUE OF BEAUMONT