BONA FIDE CONGLOMERATE INC (EIN 830396875) - 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

2004

Legal Domicile

Principal Officer

RUBEN A LOPEZ

Phone

6199380604

Tax Period

2023-01-01 to 2023-12-31

BONA FIDE CONGLOMERATE INC, founded in 2004, is a community nonprofit in the Employment sector that reported $6.7M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION PROVIDES MENTALLY AND PHYSICALLY HANDICAPPED INDIVIDUALS WITH PRACTICAL, REAL-WORLD JOB TRAINING AND JOB PLACEMENT IN THE COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,672,792

Investment Income $47,198

Other Revenue $0

TOTAL REVENUE $6,719,990

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,429,605

Fundraising Expenses $0

Program Expenses $4,757,626

Other Expenses $2,109,472

TOTAL EXPENSES $6,539,077

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,719,990	$5,676,609	+0.2%
Expenses	$6,539,077	$6,103,555	+0.1%
Net Income	$180,913	$-426,946	-1.4%

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

126

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

$545,000

Total Directors

$545,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUBEN A LOPEZ	President & CEO	40.00	Officer Director	$500,000	$0	$500,000
BENJAMIN R LOPEZ	Vice President	40.00	Officer Director	$45,000	$0	$45,000
ALEX ACOSTA	Secretary	0.00	Officer Director	$0	$0	$0
NATHAN MCDONOUGH	COO	0.00	Officer 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	No data	No data	No data	No data
2023	$6,719,990	$6,539,077	$1,949,372	$180,913
2022	$5,676,609	$6,103,555	$1,744,549	$-426,946
2021	$3,804,222	$3,432,047	$2,193,137	$372,175
2020	$1,780,222	$1,687,819	$1,808,215	$92,403
2019	$5,414,713	$2,335,019	$1,716,974	$3,079,694
2019	$5,414,713	$2,335,019	$1,716,974	$3,079,694
2018	$1,509,275	$2,274,370	$110,055	$-765,095

BONA FIDE CONGLOMERATE INC