BSIDE FUND (EIN 843382379) - 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

2020

Legal Domicile

Principal Officer

CHRISTOPHER MYERS

Phone

3036570010

Tax Period

2024-01-01 to 2024-12-31

BSIDE FUND, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $422K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $534K exceeded revenue, resulting in a 27% operating deficit.

Mission

TO PROMOTE ECONOMIC DEVELOPMENT IN AND FOSTER ECONOMIC GROWTH OF DIVERSE SMALL BUSINESSES.

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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 $246,825

Program Service Revenue $27,780

Investment Income $145,933

Other Revenue $1,125

TOTAL REVENUE $421,663

Expense Breakdown

Grants Paid $11,532

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $534,346

Other Expenses $522,814

TOTAL EXPENSES $534,346

Year-over-Year Comparison

	2024	2023	Change
Revenue	$421,663	$1,297,055	-0.7%
Expenses	$534,346	$948,043	-0.4%
Net Income	$-112,683	$349,012	-1.3%

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

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

$951,620

Total Directors

$401,121

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER MYERS	CHIEF EXECUTIVE OFFICER	4.00	Officer Director	$0	$2,371	$401,121
DANIEL RYLEY	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
LUKE DAVIDSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
SUSANA SALAMUN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
AMY HILLMAN	TREASURER	1.00	Officer Director	$0	$0	$0
TODD GUYMON	SECRETARY	1.00	Officer Director	$0	$0	$0
SAM BAILEY	BOARD MEMBER (THRU 11/24)	1.00	Director	$0	$0	$0
DANIEL BENNETT	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW BRUNKOW	BOARD MEMBER (THRU 02/24)	1.00	Director	$0	$0	$0
RYAN FLANDERS	BOARD MEMBER	1.00	Director	$0	$0	$0
ADAM KINNEY	BOARD MEMBER	1.00	Director	$0	$0	$0
JOEL KROMINGA	BOARD MEMBER	1.00	Director	$0	$0	$0
GABRIELA MARQUES	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHE MEHLBACH	BOARD MEMBER	1.00	Director	$0	$0	$0
JILL MENDOZA	BOARD MEMBER	1.00	Director	$0	$0	$0
KYLE SICKMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
DRE THOMPSON	BOARD MEMBER (THRU 09/24)	1.00	Director	$0	$0	$0
ROBIN WANDSCHNEIDER-STIEGELMAR	BOARD MEMBER	1.00	Director	$0	$0	$0
KAROL JONES	CHIEF FINANCIAL OFFICER	10.00	Officer	$0	$29,060	$278,728
LAUREL WALK	CHIEF OPERATING OFFICER	4.00	Officer	$0	$24,970	$271,771
MARIE PETERS	B:SIDE FUND DIRECTOR	40.00	Highest	$0	$21,053	$179,062

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	$421,663	$534,346	$3,120,143	$-112,683
2023	$1,297,055	$948,043	$1,999,261	$349,012
2022	$269,604	$386,789	$778,900	$-117,185
2021	$47,560	$-1,562	$919,428	$49,122
2020	$118,664	$92,864	$5,320,099	$25,800

BSIDE FUND