BOMA CHICAGO FOUNDATION (EIN 830514516) - 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

2008

Legal Domicile

Principal Officer

LANCE KNEZ

Phone

3128709609

Tax Period

2023-01-01 to 2023-12-31

BOMA CHICAGO FOUNDATION, founded in 2008, is a small nonprofit in the Education sector that reported $182K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $77K, a strong 43% operating margin.

Mission

TO PROMOTE EDUCATION AND TRAINING IN THE AREA OF REAL ESTATE.

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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 $177,241

Program Service Revenue $1,050

Investment Income $8,536

Other Revenue $-5,226

TOTAL REVENUE $181,601

Expense Breakdown

Grants Paid $28,164

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,881

Other Expenses $76,246

TOTAL EXPENSES $104,410

Year-over-Year Comparison

	2023	2022	Change
Revenue	$181,601	$164,497	+0.1%
Expenses	$104,410	$61,633	+0.7%
Net Income	$77,191	$102,864	-0.2%

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
LANCE KNEZ	PRESIDENT	0.25	Officer Director	$0	$0	$0
ROBERT SIX	DIRECTOR (THROUGH 2/24/23)	0.25	Director	$0	$0	$0
TJ BROOKOVER	DIRECTOR	0.25	Director	$0	$0	$0
KATHERINE SCOTT	DIRECTOR	0.25	Director	$0	$0	$0
DAVID MYLES	DIRECTOR	0.25	Director	$0	$0	$0
PAUL RADES	DIRECTOR	0.25	Director	$0	$0	$0
BRIDGETTE BATTLE	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
JOE SHERMAN	TREASURER	0.25	Officer Director	$0	$0	$0
FARZIN PARANG	SECRETARY	0.25	Officer Director	$0	$0	$0
BLANCA LOPEZ	DIRECTOR	0.25	Director	$0	$0	$0
TERESA AMARO	DIRECTOR	0.25	Director	$0	$0	$0
SEAN KEHOE	DIRECTOR	0.25	Director	$0	$0	$0
MIKE GIESE	DIRECTOR	0.25	Director	$0	$0	$0
TAMALA BALLARD	DIRECTOR	0.25	Director	$0	$0	$0
CHUKS OKWUJE	DIRECTOR	0.25	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	$181,601	$104,410	$499,435	$77,191
2022	$164,497	$61,633	$419,233	$102,864

BOMA CHICAGO FOUNDATION