Babies Need Bottoms Inc (EIN 823574436) - 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

2017

Legal Domicile

Principal Officer

Alicia Heacock

Phone

8286585348

Tax Period

2024-01-01 to 2024-12-31

Babies Need Bottoms Inc, founded in 2017, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 308% from the prior year, signaling strong growth momentum. The organization ran a surplus of $985K, a strong 45% operating margin.

Mission

Our mission is to improve the lives of babies, toddlers and parents in Western North Carolina through diaper distribution, community awareness and partnerships.

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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 $2,204,651

Program Service Revenue $0

Investment Income $79

Other Revenue $0

TOTAL REVENUE $2,204,730

Expense Breakdown

Grants Paid $0

Salaries & Benefits $105,687

Fundraising Expenses $7,351

Program Expenses $1,174,464

Other Expenses $1,114,088

TOTAL EXPENSES $1,219,775

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,204,730	$539,955	+3.1%
Expenses	$1,219,775	$435,939	+1.8%
Net Income	$984,955	$104,016	+8.5%

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

560

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

$92,658

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alicia Heacock	Co-Executive Director	28.00	Officer	$46,329	$0	$46,329
Meagan Lyon Leimena	Co-Executive Director	28.00	Officer	$46,329	$0	$46,329
Allie Ellenbogen	Chair	1.00	Officer Director	$0	$0	$0
Laura Leavitt	Vice-Chair	1.00	Officer Director	$0	$0	$0
Neeta Kirpalani	Treasurer	1.00	Director	$0	$0	$0
Emily Lynes	Secretary	1.00	Director	$0	$0	$0
Kelley Adams	Member	1.00	Director	$0	$0	$0
Whitney Elster	Board Member	1.00	Director	$0	$0	$0
Michelle Neff	Board Member	1.00	Director	$0	$0	$0
N/A	Board Member	1.00	Director	$0	$0	$0
N/A	Board Member	1.00	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	$2,204,730	$1,219,775	$1,355,455	$984,955
2023	$539,955	$435,939	$366,202	$104,016
2022	$364,853	$217,155	$285,190	$147,698
2021	$203,791	$123,039	$133,602	$80,752
2020	$1,017,973	$990,698	$55,291	$27,275

Babies Need Bottoms Inc