Bombazo Dance Co

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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

Mildred Tucker

Tax Period

2023-01-01 to 2023-12-31

Bombazo Dance Co, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $176K in total revenue in fiscal year 2023. Expenses of $157K left a modest 11% surplus.

Mission

We are a drum and dance company,whose mission is to preserve,educate and showcase traditional Afro,Puerto Rican Bomba and Caribean. We combine those main ingredients and fusing them with contempory styles of dance

Program Service Accomplishments

Program 1

We are a 501 c3 drum dance company, whose mission is to preserve, educate and showcase traditional afro, Puerto Rican and Afro Caribbean and traditional folkloic elements. We further combine those...

We are a 501 c3 drum dance company, whose mission is to preserve, educate and showcase traditional afro, Puerto Rican and Afro Caribbean and traditional folkloic elements. We further combine those main ingredients and fusing them with classical, contempoary and social styles of dance. Thus, creating a new movement vocabulary while still preserving the authenticity of our culture. The word Bombazo signifies a Bomba jam. It is where the community gathers to celebrate life through its rhythms, song and dance. Our company members are professionals in their fields. They hail from different countries, such as Asian, European, Central and South America, from the Caribbean and African Diaspora. All are strong technical dancers, learning, sharing and performing Bomba.

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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 $176,209

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $176,209

Expense Breakdown

Grants Paid $0

Salaries & Benefits $40,000

Fundraising Expenses $0

Other Expenses $116,985

TOTAL EXPENSES $156,985

Year-over-Year Comparison

	2023	2022	Change
Revenue	$176,209	$165,461	+0.1%
Expenses	$156,985	$127,478	+0.2%
Net Income	$19,224	$37,983	-0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mildred T Tucker	President / ECEO	020.00	Officer Director	$0	$0	$0
Melody Capote	Chair	001.00	Officer Director	$0	$0	$0
Margarita Conception	Treasurer	001.00	Officer Director	$0	$0	$0
Lydia Clark	Secretary / Officer	001.00	Officer Director	$0	$0	$0
Jason Isaacs	Officer	001.00	Officer 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	No data	No data	No data	No data
2023	$176,209	$156,985	$52,045	$19,224
2022	$165,461	$127,478	$37,983	$37,983
2021	$60,732	$54,536	$133,687	$6,196
2020	$82,076	$30,418	$133,687	$51,658
2019	$81,181	$70,249	$31,480	$10,932
2018	$70,042	$64,471	$20,548	$5,571