Bocon Inc (EIN 832016988) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

Crystal Mercado

Phone

6199973117

Tax Period

2023-07-01 to 2024-06-30

Bocon Inc, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $306K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $394K exceeded revenue, resulting in a 29% operating deficit.

Mission

This year Bocon's Educational Programs included Dance and Puppetry Summer Camps at four schools and community centers, serving 235 children, and our 10th year of an arts residency at Balboa Elementary, reaching over 500 students with 400 workshops led by professional artists. We also toured BRAT to five locations with an audience of 444 and developed the new play Hip Hop Don't Stop by Wind Woods.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $270,915

Program Service Revenue $35,013

Investment Income $0

Other Revenue $0

TOTAL REVENUE $305,928

Expense Breakdown

Grants Paid $0

Salaries & Benefits $215,596

Fundraising Expenses $41,306

Program Expenses $313,454

Other Expenses $177,927

TOTAL EXPENSES $393,523

Year-over-Year Comparison

	2023	2022	Change
Revenue	$305,928	$356,490	-0.1%
Expenses	$393,523	$200,020	+1.0%
Net Income	$-87,595	$156,470	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$83,499

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Crystal Mercado	Executive Dir.	40.00	Officer	$83,499	$0	$83,499
Dawn Redo	Vice President	5.00	Officer Director	$0	$0	$0
Daniel Jaquez	President	5.00	Officer Director	$0	$0	$0
Jorge Sanchez	Treasurer	5.00	Officer Director	$0	$0	$0
Monique Ahumada	Secretary	5.00	Officer Director	$0	$0	$0
Marisol Sanchez Best	Director	2.00	Director	$0	$0	$0
Alejandra Enciso Dardashti	Director	2.00	Director	$0	$0	$0
Isabel Nunez	Director	2.00	Director	$0	$0	$0
Rich Soublet	Director	2.00	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	$305,928	$393,523	$106,791	$-87,595
2023	$356,490	$200,020	$197,075	$156,470

Bocon Inc