BETA IOTA BOULE FOUNDATION INC (EIN 825515157) - 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

2019

Legal Domicile

Principal Officer

BRADFORD MEACHAM

Phone

8608404252

Tax Period

2024-01-01 to 2024-12-31

BETA IOTA BOULE FOUNDATION INC, founded in 2019, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $252K in total revenue in fiscal year 2024. Revenue surged 432% from the prior year, signaling strong growth momentum. Expenses of $237K left a modest 6% surplus.

Mission

INITIATIVES FOCUSED ON ADDRESSING HEALTH AND EDUCATIONAL INEQUITIES IN MINORITY COMMUNITIES.

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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 $365,000

Program Service Revenue $0

Investment Income $0

Other Revenue $-113,474

TOTAL REVENUE $251,526

Expense Breakdown

Grants Paid $208,000

Salaries & Benefits $0

Fundraising Expenses $4,398

Program Expenses $222,418

Other Expenses $29,065

TOTAL EXPENSES $237,065

Year-over-Year Comparison

	2024	2023	Change
Revenue	$251,526	$47,272	+4.3%
Expenses	$237,065	$36,264	+5.5%
Net Income	$14,461	$11,008	+0.3%

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
ADAM CLOUD	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS CLOUD	DIRECTOR	1.00	Director	$0	$0	$0
MISHONE DONELSON	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY JONES	DIRECTOR	1.00	Director	$0	$0	$0
TOM MCNEIL	DIRECTOR	1.00	Director	$0	$0	$0
BRADFORD MEACHAM	DIRECTOR	1.00	Director	$0	$0	$0
PAUL MOUNDS	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS WILLIAMS	DIRECTOR	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	$251,526	$237,065	$665,780	$14,461
2023	$47,272	$36,264	$918,478	$11,008
2022	$53,321	$35,730	$231,720	$17,591

BETA IOTA BOULE FOUNDATION INC