BMORE INCORPORATED

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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

CAREY TURNBULL

Phone

2035547725

Tax Period

2024-01-01 to 2024-12-31

BMORE INCORPORATED, founded in 2018, is a small nonprofit in the Medical Research sector that reported $218K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $72K, a strong 33% operating margin.

Mission

TO ENGAGE IN CHARITABLE ACTIVITIES, PRIMARILY MEDICAL OR SCIENTIFIC RESEARCH, AND TO AID IN THE TREATMENT OF SUBSTANCE ABUSE DISORDERS.

Program Service Accomplishments

Program 1

Expenses: $133,919 Revenue: $217,485

BMORE WORKS TO ADVANCE MEDICAL AND SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST BY PROMOTING ALTERNATIVE HEALTH TREATMENTS AND SOLUTIONS. BMORE ALSO CONTRACTS WITH NEW YORK UNIVERSITY, AS WELL AS WITH OTHER UNIVERSITIES, COLLEGIATE PROGRAMS, AND OTHER SCIENTIFIC AND RESEARCH ORGANIZATIONS, TO CONDUCT MULTI-SITE TRIALS, WITH THE GOAL OF MAKING NOVEL SUBSTANCE ABUSE DISORDER MEDICINES MORE WIDELY AVAILABLE TO THE PUBLIC.

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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 $217,485

Program Service Revenue $0

Investment Income $370

Other Revenue $0

TOTAL REVENUE $217,855

Expense Breakdown

Grants Paid $69,518

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $133,919

Other Expenses $76,607

TOTAL EXPENSES $146,125

Year-over-Year Comparison

	2024	2023	Change
Revenue	$217,855	$342,085	-0.4%
Expenses	$146,125	$207,308	-0.3%
Net Income	$71,730	$134,777	-0.5%

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

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
CLAUDIA TURNBULL	BOARD MEMBER	1.00	Director	$0	$0	$0
ALAN FOURNIER	BOARD MEMBER	1.00	Director	$0	$0	$0
T CODY SWIFT	BOARD MEMBER	1.00	Director	$0	$0	$0
CAREY TURNBULL	PRESIDENT	1.00	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
2025	No data	No data	No data	No data
2024	$217,855	$146,125	$126,251	$71,730
2023	$342,085	$207,308	$86,186	$134,777
2022	$1,126,349	$2,364,164	$951,409	$-1,237,815
2021	$190,835	$853,749	$2,254,345	$-662,914
2020	$1,873,769	$188,404	$2,428,301	$1,685,365