BAND3FOUNDATION (EIN 831077531) - 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

2018

Legal Domicile

Principal Officer

ANTOINE SHOEMATE

Phone

9013890794

Tax Period

2021-01-01 to 2021-12-31

BAND3FOUNDATION, founded in 2018, is a micro nonprofit that reported $2K in total revenue in fiscal year 2021. The organization ran a surplus of $2K, a strong 98% operating margin.

Mission

WE ARE A FOUNDATION WITH A MISSION FOCUS ON EMPHASIZING THE IMPORTANCE OF HIGHER EDUCATION FOR LOW INCOME OR UNDER-REPRESENTED BLACK COMMUNITIES BY RAISING FUNDS TO ASSIST ACCESS TO EDUCATION. WE WORK TO ENCOURAGE OUR LOCAL COMMUNITIES BY HOSTING EVENTS TO UPLIFT THROUGH EDUCATION AND PROVIDING RESOURCES OR FINANCIAL ASSISTANCE TO INSTITUTIONS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $2,440

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,440

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60

Other Expenses $60

TOTAL EXPENSES $60

Year-over-Year Comparison

	2021	2020	Change
Revenue	$2,440	N/A	N/A
Expenses	$60	N/A	N/A
Net Income	$2,380	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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTOINE SHOEMATE	PRESIDENT/SECRETARY	001.00	Officer	$0	$0	$0
DARRIAS THOMAS	VICE PRESIDENT	001.00	Officer	$0	$0	$0
DARIUS FANT	TREASURER	001.00	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
2021	$2,440	$60	No data	$2,380

BAND3FOUNDATION