BUBBA WALLACE LIVE TO BE DIFFERENT… - 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

2017

Legal Domicile

Principal Officer

WILLIAM D WALLACE JR

Phone

7045727481

Tax Period

2021-01-01 to 2021-12-31

BUBBA WALLACE LIVE TO BE DIFFERENT FOUNDATION, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $210K in total revenue in fiscal year 2021. The organization ran a surplus of $79K, a strong 38% operating margin.

Mission

TO EMPOWER AND SUPPORT DISADVANTAGED INDIVIDUALS WITH EDUCATIONAL, MEDICAL, SOCIAL, OR OTHER TYPES OF ASSISTANCE NEEDED TO HELP MAKE THEIR DREAMS REALITY.

Program Service Accomplishments

Program 1

Expenses: $16,810 Revenue: $0

TOY DRIVE FOR UNDERPRIVILEGED YOUTH

Program 2

Expenses: $25,500 Revenue: $0

DONATIONS OF FUNDS TO VARIOUS CHARITIES

Program 3

Expenses: $5,000 Revenue: $0

SCHOLARSHIPS PROVIDED TO MINORITY INDIVIDUAL

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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 (2021)

Revenue Breakdown

Contributions & Grants $209,538

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $209,538

Expense Breakdown

Grants Paid $47,310

Salaries & Benefits $0

Fundraising Expenses $1,788

Program Expenses $47,310

Other Expenses $83,204

TOTAL EXPENSES $130,514

Year-over-Year Comparison

	2021	2020	Change
Revenue	$209,538	N/A	N/A
Expenses	$130,514	N/A	N/A
Net Income	$79,024	N/A	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

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
DARRELL WALLACE JR	DIRECTOR	2.00	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
2021	$209,538	$130,514	$243,981	$79,024

BUBBA WALLACE LIVE TO BE DIFFERENT FOUNDATION