Charity Bomb Inc (EIN 824112899) - 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

2018

Legal Domicile

Principal Officer

Nathan Leone

Phone

3124207921

Tax Period

2022-01-01 to 2022-12-31

Charity Bomb Inc, founded in 2018, is a small nonprofit in the Human Services sector that reported $292K in total revenue in fiscal year 2022. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $445K exceeded revenue, resulting in a 52% operating deficit.

Mission

Our 2018 Strange 80's in Los Angeles raised $60,000 for Give An Hour's mental health awareness initiative, 320 Changes Directions.The first ever Strange 80's in Los Angeles raised $40,000 for Sweet erlied Musician Fund to support musician in need of mental or physical well-being. Our 2019 Strange 90s in Chicago subsidized treatment for local music icon, Jerry Bryant from JBTV. These funds contributed to his unlikely survival of stage 4 Colorectal Cancer and Jerry is currently living cancer free!Our 2019 Strange 90s in Nashville benefitted The Beat of Life, supporting the mental wellbeing of priosners and students through the power of songwriting and music.Our 2022 Strange 90s When We Were Young Fest Sideshow in Las Vegas raised $8926 for MusiCares safety net of critical assisntance for music people in times of need.Currently, Charity Bomb is bringing EQ Education to the forefront of our cultire and offering vast resourcesto fortify the mental well-being of children as a preventative st

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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 (2022)

Revenue Breakdown

Contributions & Grants $86,563

Program Service Revenue $62,846

Investment Income $0

Other Revenue $142,372

TOTAL REVENUE $291,781

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $142,956

Fundraising Expenses $4,112

Program Expenses $396,973

Other Expenses $143,737

TOTAL EXPENSES $444,804

Year-over-Year Comparison

	2022	2021	Change
Revenue	$291,781	$240,909	+0.2%
Expenses	$444,804	$399,174	+0.1%
Net Income	$-153,023	$-158,265	0.0%

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

N/A

Employees

N/A

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

$108,305

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Matthew Leone	Director	20.00	Director	$54,669	$0	$54,669
Nathan Leone	Director	20.00	Director	$53,636	$0	$53,636
Ryan Ford	Director	0.00	Officer	$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
2022	$291,781	$444,804	$14,293	$-153,023
2021	$267,373	$399,174	$78,342	$-131,801
2021	$240,909	$399,174	$51,877	$-158,265
2019	$278,752	$304,341	$9,314	$-25,589

Charity Bomb Inc