Charity Bomb Inc

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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

Charity Bomb Inc launched as a non profit that raised money through rock shows anddonated to mental health service orgs. We pivoted in 2020 to our own initiative of creating mental health exercise worksheets and programs for kids.

Program Service Accomplishments

Program 1

Expenses: $396,973 Revenue: $353,872

Charity Bomb Inc launched as a non profit that raised money through rock shows anddonated to mental health service orgs. We pivoted in 2020 to our own initiative of creating mental health exercise...

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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