BOMI CERTIFICATION INC

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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

2019

Legal Domicile

Principal Officer

HENRY CHAMBERLAIN

Phone

4109741410

Tax Period

2023-07-01 to 2023-12-31

BOMI CERTIFICATION INC, founded in 2019, is a small nonprofit that reported $922K in total revenue in fiscal year 2023. The organization ran a surplus of $920K, a strong 100% operating margin.

Mission

FORMED BY BOMI, BOMI CERTIFICATION, INC. (BCI) SEEKS TO ENCOURAGE NEW GENERATIONS OF WORKERS TO JOIN THE PROPERTY AND FACILITY MANAGEMENT PROFESSION AND ENGAGE IN CAREER ADVANCEMENT THROUGH EARLY CAREER CERTIFICATIONS.

Program Service Accomplishments

Program 1

BCI WANTS TO CULTIVATE GREATER COMMUNICATION BETWEEN INDUSTRY THOUGHT-LEADERS AND PROFESSIONALS. IN DOING SO, THIS WILL ALLEVIATE THE KNOWLEDGE GAP BETWEEN INDUSTRY EXPERTS AND THOSE JUST STARTING...

BCI WANTS TO CULTIVATE GREATER COMMUNICATION BETWEEN INDUSTRY THOUGHT-LEADERS AND PROFESSIONALS. IN DOING SO, THIS WILL ALLEVIATE THE KNOWLEDGE GAP BETWEEN INDUSTRY EXPERTS AND THOSE JUST STARTING THEIR COMMERCIAL REAL ESTATE CAREERS.

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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 $952,632

Program Service Revenue $0

Investment Income $0

Other Revenue $-30,868

TOTAL REVENUE $921,764

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,650

TOTAL EXPENSES $1,650

Year-over-Year Comparison

	2023	2022	Change
Revenue	$921,764	N/A	N/A
Expenses	$1,650	N/A	N/A
Net Income	$920,114	$0	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

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
ANDREW TAYLOR	CHAIR	1.00	Officer Director	$0	$0	$0
JOSHUA H SIEGEL	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
NICHOLAS S STOLATIS	TRUSTEE	1.00	Officer Director	$0	$0	$0
HENRY H CHAMBERLAIN	TRUSTEE	1.00	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
2023	$921,764	$1,650	$86,097	$920,114