BUBBA WALLACE LIVE TO BE DIFFERENT FOUNDATION

EIN: 820653530 501(c)(3) Philanthropy & Grantmaking

MOORESVILLE, NC

Total Revenue
$209,538
Total Expenses
$130,514
Total Assets
$243,981
Net Assets
$243,981
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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
NC
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.

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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%)

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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

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
5

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
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
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