BOOKER PROMISE FOUNDATION INC (EIN 842585940) - 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

2019

Legal Domicile

Principal Officer

MICHAEL SHELTON

Phone

9419280567

Tax Period

2024-07-01 to 2025-06-30

BOOKER PROMISE FOUNDATION INC, founded in 2019, is a small nonprofit in the Education sector that reported $103K in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $125K exceeded revenue, resulting in a 21% operating deficit.

Mission

PROVIDE COLLEGE SCHOLARSHIPS TO HIGH SCHOOL STUDENTS.

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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 $102,786

Program Service Revenue $0

Investment Income $347

Other Revenue $0

TOTAL REVENUE $103,133

Expense Breakdown

Grants Paid $8,125

Salaries & Benefits $91,541

Fundraising Expenses $13,807

Program Expenses $97,380

Other Expenses $25,328

TOTAL EXPENSES $124,994

Year-over-Year Comparison

	2024	2023	Change
Revenue	$103,133	$361,737	-0.7%
Expenses	$124,994	$420,626	-0.7%
Net Income	$-21,861	$-58,889	-0.6%

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

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
FRED CHAMBERLAIN	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
KC SUZUKI ESQ	DIRECTOR	1.00	Director	$0	$0	$0
DR RACHEL SHELLEY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MICHAEL SHELTON	CHAIR	40.00	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	$103,133	$124,994	$731,906	$-21,861
2024	$361,737	$420,626	$187,967	$-58,889
2023	$435,100	$361,403	$279,358	$73,697
2022	$226,475	$224,045	$268,161	$2,430
2021	$527,933	$281,777	$265,731	$246,156

BOOKER PROMISE FOUNDATION INC