WASHINGTON BUSINESS ASSOCIATION

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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

JOSEPH M STEPHENSON JR

Phone

2028710602

Tax Period

2020-01-01 to 2020-12-31

WASHINGTON BUSINESS ASSOCIATION, founded in 2017, is a small nonprofit that reported $168K in total revenue in fiscal year 2020. Revenue fell 49% from the prior year — a significant decline worth monitoring.

Mission

THE ASSOCIATION PROVIDES A VARIETY OF SUPPORT TO UNDER PRIVILEGE COMMUNITIES TO EFFECT EQUALITY

Program Service Accomplishments

Program 1

Expenses: $24,568

the association mission is to provide meals to under privilige kids and adults thereby affording them with at least one complete meal per day of nutritonal value.

Program 2

Expenses: $16,720

the association provides high school and college kids with equipment to access internet to help offset the covid 19 virtual learning issue. thereby granting at risk kids with the necessary tools to...

Program 3

Expenses: $12,789

the association continues to provided low to moderate families with toys to help aide in the overall well being during the holiday season to reduce/eliminate stress caused by low sense of worth due...

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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 (2020)

Revenue Breakdown

Contributions & Grants $167,893

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $167,893

Expense Breakdown

Grants Paid $75,503

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,503

Other Expenses $87,696

TOTAL EXPENSES $167,893

Year-over-Year Comparison

	2020	2019	Change
Revenue	$167,893	$329,900	-0.5%
Expenses	$167,893	$329,900	-0.5%
Net Income	$0	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

Governance

Voting Members

Independent Members

Employees

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

$55,357

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPEH M STEPHENSON JR	COO	50	Director	$0	$4,693	$4,693
CAMILLE DUNCAN	CEO	50	Director	$50,664	$0	$50,664

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
2020	$167,893	$167,893	$167,893	No data
2019	$329,900	$329,900	$329,900	No data