BONITA BAY HURRICANE RELIEF FUND I… - 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

SUSAN FEITEN

Phone

2394953222

Tax Period

2023-01-01 to 2023-12-31

BONITA BAY HURRICANE RELIEF FUND INC, founded in 2017, is a micro nonprofit in the Public Safety sector that reported $900 in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $8K exceeded revenue, resulting in a 776% operating deficit.

Mission

TO PROVIDE FINANCIAL RELIEF TO EMPLOYEES OF BONITA BAY ENTITIES WHO HAVE SUFFERED LOSSES DUE TO HURRICANES, TROPICAL STORMS OR SIMILAR NATURAL EVENTS

Program Service Accomplishments

Program 1

Expenses: $1,123

PROVIDED RELIEF TO EMPLOYEES OF BONITA BAY ENTITIES WHO SUFFERED LOSSES DUE TO HURRICANES

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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 $527

Program Service Revenue $0

Investment Income $373

Other Revenue $0

TOTAL REVENUE $900

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,123

Other Expenses $6,884

TOTAL EXPENSES $7,884

Year-over-Year Comparison

	2023	2022	Change
Revenue	$900	$709,362	-1.0%
Expenses	$7,884	$608,492	-1.0%
Net Income	$-6,984	$100,870	-1.1%

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
MEL BENNETT	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
LAURA BIALY	TREASURER	N/A	Officer Director	$0	$0	$0
SUSAN FEITEN	PRESIDENT	N/A	Officer Director	$0	$0	$0
JIM FINNICUM	SECRETARY	N/A	Officer Director	$0	$0	$0
ROBERT MICHELSEN	SECRETARY	N/A	Officer Director	$0	$0	$0
NANCY THOMAS	ASST TREASUR	N/A	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
2023	$900	$7,884	$103,705	$-6,984
2022	$709,362	$608,492	$110,689	$100,870

BONITA BAY HURRICANE RELIEF FUND INC