THE BRIDAL COUNCIL (EIN 812439352) - 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

2016

Legal Domicile

Principal Officer

MICHELE IACOVELLI

Phone

3077777311

Tax Period

2024-01-01 to 2024-12-31

THE BRIDAL COUNCIL, founded in 2016, is a micro nonprofit in the Education sector that reported $55K in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16K, a strong 29% operating margin.

Mission

CHARITABLE & EDUCATIONAL PURPOSES PROVIDING CONTENT, TRENDS AND INSIGHT REGARDING THE LUXURY BRIDAL INDUSTRY

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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 (2024)

Revenue Breakdown

Contributions & Grants $42,939

Program Service Revenue $0

Investment Income $11,705

Other Revenue $0

TOTAL REVENUE $54,644

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,642

Other Expenses $38,531

TOTAL EXPENSES $38,531

Year-over-Year Comparison

	2024	2023	Change
Revenue	$54,644	$34,821	+0.6%
Expenses	$38,531	$9,272	+3.2%
Net Income	$16,113	$25,549	-0.4%

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

$7,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RACHEL LEONARD	DIRECTOR	10.00	Director	$7,500	$0	$7,500
MICHELE IACOVELLI	DIRESTOR	10.00	Director	$0	$0	$0
LOUIS IACOVELLI	DIRECTOR	10.00	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
2024	$54,644	$38,531	$206,343	$16,113
2023	$34,821	$9,272	$190,230	$25,549
2022	$44,747	$32,202	$164,681	$12,545
2021	$64,734	$42,238	$152,136	$22,496
2020	$-68,128	$5,630	$129,640	$-73,758
2019	$127,939	$9,576	$203,398	$118,363

THE BRIDAL COUNCIL